Corporate News: Page 32
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Deep Dive
Women in Construction Week: Peggy Marker touts the industry's small but strong sisterhood
Women in the industry should take advantage of the knowledge and expertise of other women, the Marker Construction president said, noting that the "sisterhood" represents not competition, but advocacy.
By Kim Slowey • March 4, 2019 -
Musk almost ready to unveil new tunneling machine
The Boring Co. founder said the Line-Storm, reportedly able to dig continuously as opposed to the 10 minutes per hour current machines operate, could be ready in as little as a month.
By Kim Slowey • March 1, 2019 -
Explore the Trendline➔
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Former Arkansas construction exec sentenced to 3 years prison for bank fraud
Matthew Beasley, former president of contractor Cobas Inc., submitted fake invoices to his bank in order to be able to draw on a business line of credit.
By Kim Slowey • Feb. 28, 2019 -
Justice Department sues Ohio contractor, sub for fake invoices, kickbacks
The agency claims that subcontractor Wise Services gifted CB&I AREVA MOX Services employees in order to persuade them to submit about $6.4 million of false invoices on its behalf.
By Kim Slowey • Feb. 27, 2019 -
Goldman Sachs backs $8M funding round for construction finance startup Rabbet
Rabbet, formerly Contract Simply, employs software-as-a-service machine learning to more efficiently process construction draw requests.
By Kim Slowey • Feb. 27, 2019 -
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