Construction News

Fortune International Group and Blue Road Secure $73.3 Million Loan for Nexo Residences

News Summary Fortune International Group and Blue Road have secured a $73.3 million construction loan for the Nexo Residences, a…

2 months ago

Understanding the Importance of Cash Flow Over Income Statements

News Summary In today’s business environment, especially in construction, cash flow takes precedence over income statements for financial health. While…

2 months ago

Construction Delay for Highway 104 Advanced Traffic Management System in Kingston

News Summary Construction for the Highway 104 Advanced Traffic Management System (ATMS) in Kingston has been delayed until mid-September due…

2 months ago

AFRY Acquires Reta Engenharia to Expand Industrial Reach

News Summary AFRY has acquired Reta Engenharia, a leading Brazilian project and construction management firm, to enhance its industrial capabilities…

2 months ago

Growth Forecast for Global Geotechnical Construction Services Market

News Summary The Global Geotechnical Construction Services Market is set to grow from US$2.67 billion to US$3.83 billion, with a…

2 months ago

Semiconductor Industry Growth Sparks Demand for Construction Planning

News Summary The semiconductor industry in the UK is experiencing significant growth with a 19.3% increase in sales. This growth…

2 months ago

Houston-Based METECS Awarded $150 Million NASA Contract for Space Simulations

News Summary MacLean Engineering and Applied Technology Services LLC, known as METECS, has been awarded a $150 million NASA contract…

2 months ago

Chicago Construction Industry Faces Financial Strain Amid Rising Costs

News Summary The construction industry in Chicago is experiencing a significant crisis due to rising tariffs and material costs, reshaping…

2 months ago

Development of Camelot on Main Receives $36 Million Financing

News Summary Camelot on Main, a luxury residential project in Sayreville, has secured $36 million in construction financing to build…

2 months ago

First Hawaiian Bank Reports Modest Q1 Earnings Amid Challenges

News Summary First Hawaiian Bank has reported its Q1 earnings, revealing a net income of $0.47 per share amid structural…

2 months ago