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Global Sourcebook

Projects Still Advance in Year of Uncertainty

For now, China sees boost tied to climate-change commitments

December 7, 2016

In a year that has seen many surprising political shifts, the International Monetary Fund’s global outlook, released in October, shows that worldwide economic growth is expected to slow to 3.1% in 2016, then increase to 3.4% next year.

Float-In of MassDOT Span Sails, But Delay Dispute Lingers

Johanna Knapschaefer

December 7, 2016

No Comments

The Massachusetts Dept. of Transportation and a contracting team are in discussions regarding fabrication issues that caused a two-year delay in the completion of a key crossing between Quincy and Weymouth.

Pulse: Project News for the Week of Dec. 12, 2016

Scott Lewis

December 6, 2016

No Comments

Project News from Dodge Data & Analytics

1212LeviathanMapisralewater&energymnistry

Israel Launches $4B Gas Field and Pipeline Investment

Developers line up financing and customers, but U.S. partner may sell some stake to raise cash

Neal Sandler

November 29, 2016

No Comments

Developers line up financing and customers, but U.S. partner may sell some stake to raise cash.

Companies

VINCI Shares Plunge, Recover Following Fake Press Releases

Hoax news reports trigger sell-off of French contractor's stock

Peter Reina

November 24, 2016

No Comments

False news reports had cited accounting irregularities, dismissal of CFO.

Safety and Health

Worker Killed in Freak Chop-Saw Accident

Massachusetts man was working second job to earn extra money

Johanna Knapschaefer

November 24, 2016

No Comments

Water mechanic was making residential pipe connection when bound chop saw kicked back and sliced carotid artery

Feds Move To Indict NY Contractor Execs, Developer, Ex-Cuomo Aide

LPCiminelli CEO and president now face conspiracy and bribery charges in N.Y. pay-to-play scheme

Mary B. Powers

November 23, 2016

No Comments

LPCiminelli CEO and president now face conspiracy and bribery charges in N.Y. pay-to-play scheme.

Record-Tall Modular Building Completed

November 23, 2016

No Comments

Earlier this month, Forest City Ratner Cos. began leasing apartment units at 461 Dean, the world’s tallest volumetric modular tower.

Housing Starts Jump 6% in October

November 23, 2016

No Comments

The dollar value of housing starts in October jumped 6% to a seasonally adjusted $289.6 billion, according to Dodge Data & Analytics.

Jacobs Engineering Takes Steps To Boost Bottom Line in 2017

November 23, 2016

No Comments

Jacobs Engineering Inc., now Dallas-based, reported earnings and revenue for its full year and fourth quarter, both ended Sept. 30; executives are optimistic that a company restructuring into four business lines and cost cutting will improve the bottom line next year.