Engineering and architecture supported 4.5 million direct and indirect jobs and $311 billion in total company and supply chain wages, says American Council of Engineering Cos. in what it terms a first-of-its kind economic analysis.
French contractor Vinci Group reports 14% drop in domestic construction revenue last year, while Sweden-based Skanska AB says cost control drove margins up 2.5%
Ontario 250MW facility, Canada's largest, could get federal infrastructure bank investment, while U.K. regulators approved record-size lithium-ion storage project in November.
In Jan. 28 briefing, David Constable said the firm will stay an EPC contractor with focus on cost-plus work and expanded front-end services; analyst boosts its stock rating to "Buy" from "Hold."
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