The dollar value of total construction starts jumped 10% in February from the previous month to a seasonally adjusted annual rate of $667.6 billion, according to Dodge Data & Analytics.
Paint manufacturing giant Sherwin-
Williams Co. on March 20 announced that it will acquire rival The Valspar Corp. in an all-cash transaction worth roughly $9 billion.
On prime riverfront real estate in Jacksonville, Fla., the unclad 18- story concrete frame of an abandoned condominium casts a shadow over its downtown neighborhood.
Some 28 years after a portrait of Bechtel Corp. attributed much of the success of the family-owned contracting giant to its skill at influence-peddling, author Sally Denton unveils a 436-page tome that extends much of that story line to today.
Aiming to boost infrastructure investment as a bigger economic priority in U.S. policy for the next administration, a new coalition is pushing to gain support of its “Blueprint 2025” initiative in Congress and with key presidential contenders.
In a key executive move, Omaha contracting giant Kiewit has elevated Richard A. “Rick” Lanoha to president and chief operating officer, effective on March 31.
General contractors and specialty contractors will have full equality within the Associated General Contractors of America for the first time in the association’s 98-year history.
On March 2, SH 130 Concession Co. LLC—the private entity that designed and built and now operates and maintains Segments 5 and 6 of SH 130, a 41-mile portion of the total 91-mile roadway—filed for Chapter 11 protection in the Western District of Texas.
Construction’s unemployment rate continued its long stretch of year-over-year improvement in February, falling to 8.7% from the year-earlier 10.6%, but the rate was slightly worse than January’s 8.5%, according to the Bureau of Labor Statistics.