Hitachi Will Write Off $2.8B in Halted U.K. Nuclear Work Peter Reina January 17, 2019 No Comments With growing renewable energy competition and no financing deal, Japan-based builder will stop project construction in Wales and England.Read More
Navillus Settles Into Normal Business Life After One-Year Bankruptcy Richard Korman January 9, 2019 No Comments New York City contractor's conflict with building trades unions appears over.Read More
Chicago City Councilman Accused of Shakedown in Burger King Remodel Jeff Yoders January 9, 2019 No Comments Federal prosecutors on Jan. 3 charged the chairman of Chicago’s powerful finance committee with one count of extortion.Read More
Transit Megaprojects Toronto P3 Settlement Cost Irks Ontario Auditor Scott Van Voorhis December 27, 2018 No Comments Audit questions $177-million government cash to private consortium on light rail project as pact details now emerge.Read More
Dealmaking Danish Engineer Ramboll Buys OBG to Boost U.S. Presence Debra K. Rubin December 17, 2018 No Comments Terms for buy of Syracuse-based consultant with $137 million in 2017 revenue were not disclosed, but deal had a 91% shareholder approval.Read More
Industry Execs, Investors Weigh 2019 Sector Projections Debra K. Rubin December 13, 2018 No Comments Construction experts cite good market catalysts ahead but worry about capacity impacts on project delivery. Read More
Private Investment Seeks Gain As Infrastructure Politics Shift Debra K. Rubin December 6, 2018 No Comments But perspectives are at odds related to a reduced federal funding role in looming legislation.Read More
Aecon Sheds Mine Unit as Infrastructure Work Booms Scott Van Voorhis December 5, 2018 No Comments Toronto contractor cites record backlog months after its sale to a China-government-owned firm was quashed, citing national security.Read More
Canada Infrastructure Bank Is Mum on 10 Planned Investments Scott Van Voorhis December 5, 2018 No Comments Pierre Lavallee, new CEO of Canada Infrastructure Bank, is on the hunt for “transformative” projects for investment.Read More
Dealmaking Engineer Kleinfelder Set For Private Equity Purchase Debra K. Rubin November 23, 2018 No Comments Wind Point Partners' majority stake at undisclosed price would stabilize California firm's finance structure and retain its identity, CEO says.Read More