President Obama has nominated Maj. Gen. Todd T. Semonite to be U.S. Army chief of engineers and commander of the Army Corps of Engineers, according to military communications and industry sources.
Ex-Executive VP Thomas Rospos of now-defunct Birdsall Services Group takes third-degree plea on Feb. 25 as his trial began in $1-milion scheme; ex-CEO Howard Birdsall pleaded guilty on Feb. 18.
CEOs of Mace, Carillion, Arup and W.S. Atkins, who joined leaders of 200 leading British firms, say leaving the group could hurt workforce recruitment.
One of the largest mergers in the world of construction equipment has been put on hold. U.S.-based Terex Corp says it is halting all merger activities with Finnish-based Konecranes while it considers an acquisition offer from China-based Zoomlion.
Global building products giant CRH is latest to exit the Israel market, but firm says its sale of a 25% stake in a large local cement firm was not due to boycott pressure.
Aiming for an economic boost as part of China’s anticipated Silk Road corridor to Europe, the republic of Georgia has picked a local-U.S. joint venture, backed by global investors, to develop a $2.5-billion deep-sea port at Anaklia on the Black Sea.
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