A three-day conference providing demonstrations, presentations and networking by firms inventing, piloting and implementing technologies to address construction’s future left attendees bullish on tech prospects for the construction industry and heading home with ideas to deploy.
With a self-imposed deadline looming, Terex Corp. has called off talks with Zoomlion Heavy Industry Science and Technology Co. for the China-based equipment maker to acquire the U.S.-based company. Terex had announced on May 16 that it would be selling its material-handling and port-solutions [MHPS] business to Finland-based Konecranes for $1.3 billion, and that deal is expected to close in January 2017.
Software that can show a video of a construction project assembling itself has been around for years, but an important change is afoot, say a wide range of industry leaders.
A Tennessee road and bridge builder has agreed to pay $2.25 million to settle a whistle-blower lawsuit that accused the firm of fraud by putting its own employees on the payroll of a disadvantaged business enterprise it used to get contracts for 12 projects in Tennessee.
Infrastructure boosters rallied for their cause earlier this month at a series of gatherings in Washington, D.C. and other U.S. locations to find ways to shrink the estimated $1.4-trillion funding gap to upgrade aging highways, bridges, water systems and other public works.