Infrastructure: Page 21
-
Tutor Perini’s loss widens on continued legal disputes
The Los Angeles-based heavy civil contractor said it is working to resolve most of its outstanding litigation by the end of 2024.
By Joe Bousquin • Nov. 13, 2023 -
Sponsored by American Global
Insurance market update: Property coverage in South Florida
While many are quick to blame the macro trend of inflation for property insurance increases, there are actual events with consequences inherent to the Florida market, that should be credited for the recent developments.
By Max Lehman, Associate Broker American Global • Nov. 13, 2023 -
$532M Leavenworth Penitentiary replacement breaks ground
Clark Construction is building the facilities that will update the 126-year-old federal prison in Kansas.
By Julie Strupp • Nov. 10, 2023 -
WSP’s profit, revenue, backlog up in Q3
The Montreal-based firm sees a positive outlook for its green transition work and reaffirmed the guidance that it raised last quarter.
By Julie Strupp • Nov. 9, 2023 -
$3B in construction projects fuel downtown Detroit’s growth
Large developments, including Newlab at Michigan Central and the renovation of the Book Building skyscraper, were recently completed in the Motor City.
By Matthew Thibault • Nov. 7, 2023 -
Feds award $653M for 41 port projects
The funding from the IIJA is aimed at bolstering supply chain infrastructure around the country.
By Julie Strupp • Nov. 6, 2023 -
Amtrak Northeast Corridor projects get $16B in federal funding
Major bridge and tunnel projects will make the nation’s busiest passenger railroad “safer, faster and more reliable,” U.S. Transportation Secretary Pete Buttigieg said.
By Dan Zukowski • Nov. 6, 2023 -
Sponsored by IUPAT
IUPAT FTI training center announces ambitious plan for country’s first training program
IUPAT FTI uses water tank for groundbreaking West Virginia apprenticeship program.
Nov. 6, 2023 -
Fluor earnings rise as legacy projects wind down
Strength in its energy and urban solutions segments built on the positive momentum from the previous quarter.
By Sebastian Obando • Nov. 3, 2023 -
Granite posts lower profits on increased revenue, record backlog
The California-based contractor continues to work through its old, less profitable jobs, but is booking new ones at a faster rate than last year.
By Joe Bousquin • Nov. 1, 2023 -
Israel-Hamas war could spike fuel prices, World Bank says
The outlook for commodity costs will “darken quickly” if the Mideast conflict escalates, the international lending institution said this week.
By Jennifer Goodman • Oct. 31, 2023 -
$2.7B Minneapolis Green Line advances
A Lunda/McCrossan joint venture is building the light rail extension, which has doubled in cost and is nine years behind schedule.
By Jen A. Miller • Oct. 31, 2023 -
AECOM to pay $11.8M to settle Katrina relief allegations
The Justice Department alleged that the Dallas-based contractor violated the False Claims Act during its hurricane recovery work in New Orleans.
By Julie Strupp • Updated Oct. 30, 2023 -
October 2023 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country’s biggest builders.
By Construction Dive Staff • Oct. 27, 2023 -
The image by Pi.1415926535 is licensed under CC BY-SA 4.0
Boston’s year-old $2.3B Green Line Extension needs repairs
GLX Constructors — composed of Fluor, The Middlesex Corp., Herzog and Balfour Beatty — finished the light rail project last year and will regauge the faulty tracks.
By Julie Strupp • Oct. 26, 2023 -
Work stops at $500M US-backed battery plant
Owner Li-Cycle Holdings paused construction at the Rochester, New York, hub due to escalating costs and is reviewing its future plans.
By Matthew Thibault • Oct. 26, 2023 -
Opinion
Billions in deferred maintenance projects coming to US facilities
A nationwide push to address delayed upkeep on public buildings and infrastructure will create myriad opportunities for contractors, according to a consultant.
By Mary Scott Nabers • Oct. 25, 2023 -
Regional Report
Is Phoenix’s construction market hot? Depends on who you ask.
With few natural disaster risks, a stable climate and business-friendly practices, the Arizona metropolis has experienced a burst in industrial building.
By Matthew Thibault • Oct. 25, 2023 -
Project Wins
Granite lands $45M Utah highway widening
The California contractor is once again flexing its roadbuilding might with a reconstruction and expansion of State Route 108 near Salt Lake City.
By Joe Bousquin • Oct. 25, 2023 -
High hopes for US high-speed rail
An expansion could create thousands of jobs and slash greenhouse gas emissions, says a Mineta Transportation Institute study.
By Dan Zukowski • Oct. 24, 2023 -
Project Wins
Building team selected for $895M Portland, Oregon, span
Burnside Bridge Partners JV and Nebraska design firm HDR will build an earthquake-resistant replacement for the nearly century-old structure.
By Matthew Thibault • Oct. 24, 2023 -
Mountain Valley Pipeline delayed; cost rises to $7.2B
Equitrans has pushed the opening of the controversial project to 2024 due to “unforeseen factors” that include difficulty finding contractors.
By Julie Strupp • Oct. 24, 2023 -
PCL books $1B in solar work for 2023
Amid an industrywide focus on the energy sector, the contractor plans to add 100 employees to its solar division.
By Matthew Thibault • Oct. 24, 2023 -
Project Wins
Turner wins $186M NY healthcare tower job
The five-story facility, funded by tax-exempt bonds, will house 96 hospital beds.
By Joe Bousquin • Oct. 20, 2023 -
Project Wins
CBNA, Halmar win $819M Potomac River Tunnel contract
Both construction firms expect to begin work next year and complete the 5.5-mile-long tunnel in early 2030.
By Sebastian Obando • Oct. 17, 2023