This year marks the eighth year of a recovery from the deep industry recession that was sparked by the financial collapse of September 2008, the third-longest industry recovery on record.
Jordan Foster Construction will break ground on a $60-million reconstruction project next month on SH 130, in central Texas, to fix cracking and heaving problems along the 41-mile roadway.
Continued construction risk in public-private partnerships was a key topic for financing experts on a panel hosted by investment firm D.A. Davidson as part of its annual investor conference.
A contentious special session of the Hawaii Legislature has averted the latest crisis for Honolulu’s controversial light-rail project, enacting a $2.4-billion financial bridge that backers hope will carry construction of the planned 20-mile, $8-billion system to completion in 2025.