From brick-and-mortar construction projects to providing school meals, U.K. contractor Carillion PLC was a major government supplier before spiraling debt forced it into bankruptcy on Jan. 15.
Local officials say sitework is set to start in spring at the 2,500-acre cotton field near Huntsville, Ala., where automakers Toyota and Mazda on Jan. 10 announced a $1.6-billion manufacturing plant to employ about 4,000 and produce 300,000 vehicles annually.
Government and partners take steps to secure contracts, employee pay as lenders bail on deal to fix firm's $2.1 billion debt; some fears of industry-wide impacts.
Santa Ana, Calif.-based Salas O'Brien, a national facilities design and planning firm, has merged with Columbus, Ohio-based Varo Engineers, creating a combined firm with 16 offices and 460 employee-owners.
The nation’s contractors expressed a surprisingly optimistic view of the industry’s prospects for 2018 in a recent outlook survey conducted by the Associated General Contractors of America and Sage Construction and Real Estate.