Westinghouse Electric Co.’s recent realization of more than $6 billion in additional costs related to completing construction of two U.S. nuclear projects forced the firm to file for Chapter 11 bankruptcy protection on March 29.
President Trump continues to court construction unions, telling the North America’s Building Trades Unions annual legislative conference that he wants to rebuild infrastructure, streamline project permitting and reduce undocumented labor.
International teams are due to complete both three-towered bridges by next year, but the bridges differ in financing, structural form and construction methods.
Faced with economic uncertainties around the world, many global design and construction firms have struggled to find a steady stream of opportunities, but some are cautiously optimistic that conditions are improving.
Concrete’s large carbon footprint—that is, the amount of carbon dioxide emitted during the cement manufacturing process—is estimated to be 5% of industrial CO2 emissions, a source of concern in the battle against human-caused climate change.
In choosing Elaine L. Chao as his nominee to head the Dept. of Transportation, President-elect Donald J. Trump picked a former Cabinet secretary who has held senior positions at DOT and was a board member of two prominent construction industry firms.