Planned $237M purchase ends after few weeks, with Italian contractor missing deadline for $20M loan to prop up Clough finances, and "no reasonable prospect" of deal being completed, firms say.
Like almost all of the construction industry, specialty contractors on the West Coast endured a challenging 2020. Many were relieved this past year to see stalled work move ahead while new projects stayed the course. Generally, firms saw improved revenue in 2021, but challenges remain as many also reported mixed results.
Despite Dec. 2 Commerce Dept. probe finding, Biden earlier order postpones until June 2024 tariffs for project use of solar modules and cells imported from four Asian countries.