Corporate News: Page 33
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WeWork gets $4.4B investment to expand co-working business
The capital injection, from Japanese conglomerate SoftBank, makes the company one of the largest privately held sharing economy startups.
By Kim Slowey • Aug. 28, 2017 -
IA to give Apple $208M in tax breaks for $1.3B data center
Local officials are banking on the project to fuel economic expansion in the rapidly growing rural community.
By Kim Slowey • Aug. 28, 2017 -
Deep Dive
The 50 States of Construction: KY contractors ride a wave of industrial expansion
Gray Construction EVP Jeff Bischoff discusses how new growth in the manufacturing and industrial sector there is impacting construction.
By Hallie Busta • Aug. 24, 2017 -
Port of Charleston, SC plans for new $762M terminal
The new Leatherman Terminal is part of an effort to double the port's capacity.
By Kim Slowey • Aug. 23, 2017 -
Seattle's Sound Transit hires JV to manage $5.6B of light-rail construction
Northwest Transit Systems Partners will oversee construction of the world's first floating passenger light-rail bridge as one of two projects in the contract.
By Kim Slowey • Aug. 22, 2017 -
Groundbreaking set for $1B Gehry-designed Los Angeles project
The mixed-use campus is part of a larger, long-running redevelopment of Grand Avenue, a key thoroughfare in the city's downtown.
By Kim Slowey • Aug. 17, 2017 -
Deep Dive
The 50 States of Construction: How one OH contractor is finding workers amid labor woes
Don Taylor, president and CEO of Akron-based Welty, explains how his company is handling the labor shortage and where the Buckeye State is booming.
By Hallie Busta • Aug. 16, 2017 -
Facebook to build $750M OH data center
State financial incentives will give Facebook an estimated $37 million in tax breaks with a projected annual economic boon of $1.4 million by 2024.
By Kim Slowey • Aug. 16, 2017 -
Fluor and Lane picked for pre-construction work on TX high-speed rail
The two contractors are also Texas Central's preferred design–build team for the line, which will connect Dallas and Houston.
By Kim Slowey • Aug. 15, 2017 -
Braidy moves forward with $1.3B KY aluminum plant
The company expects to break ground on the new factory in early 2018, marking the first greenfield aluminum rolling mill in the U.S. in more than 30 years.
By Kim Slowey • Aug. 11, 2017 -
Canadian paper products maker plans $400M GA plant
Georgia is among a host of U.S. states rolling out the red carpet to foreign and domestic manufacturers to join or grow their presence in the state.
By Kim Slowey • Aug. 11, 2017 -
Crews break ground on Delta's $4B LaGuardia terminal
The new terminal is part of a broader overhaul to the New York City airport that is expected to be completed by 2021.
By Kim Slowey • Aug. 10, 2017 -
GE delays Boston HQ tower construction
The decision was part of cost-cutting measures at the company and will push completion of the largest part of the project to 2021.
By Kim Slowey • Aug. 10, 2017 -
Deep Dive
Q&A: TreeHouse CEO Jason Ballard on greening the home-improvement supply chain
You can call it the “Home Depot for hipsters," but the Texas-based retailer is charting new territory in building product sales and services.
By Hallie Busta • Aug. 9, 2017 -
IN offers $3.6M incentive package for $2.8B fertilizer factory
Former Gov. Mike Pence opposed financial incentives for Midwest Fertilizer to build a factory in the state, but the new leadership is moving ahead with plans.
By Kim Slowey • Aug. 9, 2017 -
WeWork grows Seattle footprint with biggest deal yet
The 36-story tower is the co-working company's largest space so far, and it will include 23 floors dedicated to its co-living concept.
By Kim Slowey • Aug. 8, 2017 -
Foxconn walks back statements about potential MI investment
The Taiwanese electronics manufacturer said Michigan is in contention for an autonomous vehicle research facility, but it is still exploring building in that state.
By Kim Slowey • Aug. 8, 2017 -
Lockheed Martin is building a $350M satellite plant in CO
The extra space will allow the government defense contractor to increase satellite production and reduce testing time.
By Kim Slowey • Aug. 4, 2017 -
Hyperloop One reaches nearly 200 mph in first passenger pod test
Though the achievement marks a big step forward for ultra-high-speed travel, engineers are still far from their goal of speeds beyond 700 mph.
By Mary Tyler March • Aug. 3, 2017 -
The search for a new FBI HQ could be back on
Officials from the GSA and FBI told a Senate panel they will develop a new plan within 120 days after the original land-swap deal was scrapped last month.
By Kim Slowey • Aug. 3, 2017 -
Jacobs Engineering to buy CH2M Hill for $2.85B
The combined firms expect to see annual revenues of $15.1 billion, putting them in contention with AECOM to be the largest engineering firm in the world.
By Hallie Busta • Aug. 2, 2017 -
Wayne County, MI officials favor $520M Dan Gilbert jail proposal
The Quicken Loans founder wants to trade the county a jail site for a new criminal justice facility and a pro soccer stadium, but details must still be ironed out.
By Kim Slowey • Aug. 2, 2017 -
3DR partners with DJI to launch drone operations platform
The company's Site Scan surveying technology will now be available for use with DJI drones, opening the software to a wider market.
By Mary Tyler March • Aug. 1, 2017 -
Sacramento, CA preps site for $245M professional soccer stadium
California's capital city hopes that starting work on the privately financed project will help it secure a Major League Soccer franchise.
By Kim Slowey • Aug. 1, 2017 -
Austrian wood-products maker Egger to build $700M NC factory
The new plant will supply one of the state's major industries — furniture manufacturing — and will have a local labor pipeline familiar with the material.
By Kim Slowey • July 28, 2017