As invisible as the global recession, dust from Iceland’s Eyjafjallajökull volcano cast a cloud over the April 19 opening of Bauma in Munich. The triennial construction-equipment show was expected to draw over 500,000 people. Photo: Bauma Eighty of Bauma’s 3,150 booths were left unattended when the show opened. With the city’s international airport shut, prospective visitors joined hundreds of thousands of Europeans left stranded. Creating engine-stalling dust, the April 14 volcanic eruption triggered halts to a reported 75% of European commercial flights, with total bans in Britain and elsewhere. What should have been a two-hour flight for Nigel Chell, communications
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.