While shopping around for a used piece of construction equipment through the usual channels has taken some creative sourcing in recent years, this summer has seen prices stabilize for the most part.
As the construction industry continues to grapple with the difficulties of the last several years, some sectors have fared better than others, and experts predict there is still some time to come before these issues have been settled.
Energy and resilience megaprojects starting and planned in New York and New Jersey pose big logistical challenges but will generate economic and quality of life benefits, said public and private industry experts at Sept. 15 ENR forum in New York City.
Facilities that could generate triple-digit megawatts of solar power are set to start construction at Kansas City International Airport and Dulles International Airport.
Vietnamese electric vehicle producer VinFast selected Clayco as the general contractor and construction management company for its first U.S. manufacturing plant near Raleigh, N.C.
The East Bay Municipal Utility District in Oakland, Calif., awarded a $237-million contract to Flatiron for construction projects at two of the utility’s water treatment plants: the Upper San Leandro Water Treatment Plant, built in 1927, and the Sobrante Water Treatment Plant.
Construction is underway, with new contracts awarded, on the first phase of Sempra Infrastructure’s $13-billion Port Arthur LNG export terminal in Texas near the Gulf of Mexico, following the energy firm’s award to Bechtel Energy of an EPC contract to manage the two-train project.
Construction is set to begin later this year on the $3-billion TransWest Express Transmission Project, a 732-mile high-voltage interregional transmission system designed to deliver about 20,000 GW of renewable energy per year to western states and in early September on the estimated $8-billion SunZia transmission project that will carry an initial 3 GW of clean power to southwest U.S. markets.