Looking for the bright side of the construction crane market has taken considerable effort in the last few years, but an uptick in sales in the first half of 2017 and an increased level of interest from customers has crane manufacturers reevaluating their product lines and rental firms shoring up their distribution channels.
Odebrecht executives began the task of rebuilding the scandal-ridden Brazilian company’s reputation at its business and engineering conference in New Orleans last month.
Despite President Trump’s re-tightening U.S. policies toward Cuba, construction industry firms and heavy-equipment makers still hope there will be avenues to provide products and services there.
A $25-million demonstration project under construction in Suffolk, Va., will show officials from the Hampton Roads Sanitation District how to address a myriad of problems facing the water utility, including a rapidly shrinking water aquifer, land subsidence and a potential checklist of requirements for restoration of the Chesapeake Bay.
Virginia will spend $18.6 billion to study, develop and build more than 3,600 transportation projects through 2023 under the latest Six-Year Improvement Program approved by the Commonwealth Transportation Board.
Massachusetts lawmakers delayed a vote to relax a 20-year-old state law restricting tall buildings from casting shadows on the Boston Common and Public Garden.
The construction market remains strong, but construction firms that were excited about the pro-business agenda of President Trump immediately after his election in November are now moderating their long-term outlook.