Corporate News: Page 29
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Eniac Ventures leads predictive software startup Briq's $3M seed funding round
Machine learning and the larger universe of artificial intelligence, such as that used by Briq's platform, have been called "the next frontier" in construction.
By Kim Slowey • Feb. 27, 2019 -
Kiewit pegged for $5B Louisiana LNG export terminal
Under the turnkey EPC contract, Kiewit will design, engineer, construct, commission, test and guarantee the Venture Global LNG Inc. facility.
By Kim Slowey • Feb. 26, 2019 -
AECOM shareholders maintain board members despite investor complaints
Stockholders approved all of the company's nominees to the board of directors despite a missive from investor Engine Capital last month that claimed there were flaws in management and compensation practices.
By Kim Slowey • Updated March 14, 2019 -
$12B Texas bullet train construction could start this year
Texas Central Partners is pressing on with the Dallas-to-Houston line and will appeal a court ruling that denied it railroad designation and land rights.
By Kim Slowey • Feb. 22, 2019 -
New York contractor pleads guilty to minority fraud
The Erie County District Attorney's office said that Nichter Construction falsely stated that it had met the minority contracting requirements on a state project.
By Kim Slowey • Feb. 22, 2019 -
Tutor Perini wins $1.4B Los Angeles Purple Line Section 3 contract
Pending federal funding, the contractor and partner O&G Industries will design and build 2.6 miles of rail and two stations for operation by 2026.
By Kim Slowey • Feb. 21, 2019 -
Cal/OSHA cites Shimmick, Con-Quest $65K in tunnel death
The accident led the San Francisco Municipal Transportation Agency to require bidding contractors to submit more detailed safety plans.
By Kim Slowey • Feb. 21, 2019 -
Strategic hire, new plant tee Skender up for maximum tech efficiencies
CEO Mark Skender and CTO Stacy Scopano, who comes from Skanska, share their strategy for improved data flow in the design, engineering and production of modular buildings.
By Kathleen Brown • Feb. 20, 2019 -
Katerra to market software and building components, license its process
The firm will sell project management tools, windows and cross-laminated timber and allow others to construct using its end-to-end modular building system.
By Joe Beeton • Feb. 20, 2019 -
Sponsored by Georgia-Pacific
Forget the Big Bang - it's the big offsite construction boom that deserves your attention
The once silo-driven construction industry is vertically integrating discipline, process and production and its customers only stand to benefit.
By Jason Peace • Feb. 19, 2019 -
Amazon may sign PLA for Virginia HQ2
With the tech giant nixing its New York plans, Arlington officials may push harder to give local construction unions pre-hire bargaining rights.
By Kim Slowey • Feb. 19, 2019 -
Amazon scraps NYC HQ2 plans
The company said it is withdrawing its plans for the Long Island City headquarters location due to significant local political opposition.
By Chris Teale • Feb. 14, 2019 -
NYC mayor touts Amazon HQ2 importance while rumors indicate deal is at risk
Mayor Bill de Blasio says bringing the tech giant to the city is "mission critical," but reports indicate Amazon isn't amused by New Yorkers' negative attitudes.
By Katie Pyzyk • Feb. 14, 2019 -
Companies look to partnerships to survive digital transformation
To increase competitiveness, businesses are turning to the cloud, automation, AI and more, a study found, and relying heavily on relationships and feedback.
By Riia O'Donnell , Kathleen Brown • Feb. 13, 2019 -
State cites sub for $12M of wage theft violations
The California Labor Commissioner's Office claims that RDV Construction bounced paychecks and illegally deducted up to 25% from employees' pay.
By Kim Slowey • Feb. 13, 2019 -
Pittsburgh Penguins Civic Arena site redevelopment could begin by fall
The hockey franchise is moving on a long-stalled plan to add residential, office and entertainment space to its former stadium's 28-acre parcel.
By Kim Slowey , Kathleen Brown • Feb. 11, 2019 -
2 contractors settle SBA 8(a) fraud allegations for $3.6M
The VMJ Construction/Vigil Contracting case is an example of how costly penalties can be for procurement fraud under the federal program.
By Kim Slowey • Feb. 8, 2019 -
ExxonMobil, Qatar Petroleum announce plans to build $10B LNG export facility
The Golden Pass project in Texas is part of ExxonMobil's $50 billion plan to expand its U.S. facilities during the next five years.
By Kim Slowey • Feb. 8, 2019 -
FAA spec update includes precast concrete for first time
With the Federal Aviation Administration's new specifications, precast suppliers and contractors are poised to get a bigger piece of construction and renovation projects at the more than 19,000 airports in the U.S.
By Kim Slowey • Feb. 6, 2019 -
Column
Tech Toys: AR-based crane training, a booming social platform for tradespeople
Plus, Autodesk's first Revit update rollout of the year is optimized for the cloud and DroneDeploy tools to leverage drone data now integrate with Multivista.
By Joe Beeton , Kathleen Brown • Feb. 6, 2019 -
Subs on $1.5B Philadelphia Comcast Technology Center file millions in liens
Multiple mechanic's liens were filed on the downtown high-rise project, alleging general contractor L.F. Driscoll, affiliates of developer Liberty Property Trust and others withheld payment.
By Kim Slowey • Feb. 4, 2019 -
The biggest Q4 OSHA contractor fines
The agency proposed hefty penalties for several construction companies, including one for more than $420,000.
By Kim Slowey • Jan. 30, 2019 -
Prefab Logic's $102M automated factory to produce 1,600 modular units a year
The 400,000-square-foot facility is being developed in association with an unnamed robotics company to hopefully shave off construction costs and target the West Coast's expensive housing market.
By Kim Slowey • Jan. 30, 2019 -
With BuildingConnected deal, Autodesk readies customers for the digital wave
Autodesk's $275 million acquisition of the bid management platform, its third deal in recent months, allows users to fully digitize reluctant construction processes, CEO Andrew Anagnost told Construction Dive.
By Kathleen Brown • Jan. 23, 2019 -
Deep Dive
How tech giants are driving US construction trends
While HQ2s and office projects draw the most eyeballs, companies like Amazon, Apple and Microsoft are driving construction outside cities and across the country in the form of data centers, warehouses and more.
By Kathleen Brown • Jan. 23, 2019