Under long-gestating deal set to complete in first half of 2026, Sidara will assume $1.6 billion of Wood Group debt and provide $450 million in cash for the financially strapped energy consultant.
Alterra IOS and Eco Materials have opened a $40M soil-recycling facility in Philadelphia, capable of diverting 700,000 tons of soils annually into reclaimed aggregates for infrastructure projects.
The project, set to start construction in 2028, is part of Denmark Forward, the largest federal infrastructure investment in Scandinavia history, estimated to cost $24 billion.
Florida has started a $340-million project to widen I-275 in Pinellas County, adding express lanes, bridges and interchange upgrades under the $7-billion Moving Florida Forward program.
Procore and Amazon Web Services enter a deal to share data and joint-develop artificial intelligence, interoperability and other tools for construction.
Steel is the backbone of major industries as well as many major cities. With the rising need for sustainable solutions, circular steel and its benefits are an important area to focus on for the future of steel manufacture and recycling.