In a competition that involved at least a dozen global contenders, Milan-based Salini Impregilo has emerged as the apparent winner in its bid to acquire Lane Industries Inc., a major U.S. transportation contractor, as the Italian firm seeks to boost its position in a U.S. market set to grow with soon-to-be-enacted highway funding legislation and more equity financing.
Jerusalem officials have ordered Eden Tower, a planned mixed-use skyscraper adjacent to the city’s main outdoor market, to be reduced in height to 108 from 165 meters.
Eiffage, France's third largest contractor, has named its 71-year-old founder and retired chief executive Jean-Francois Roverato to stabilize company leadership following the sudden death last month of Chairman and CEO Pierre Berger.
After years of drought-generated water shortages, Israel now is in the enviable position of having a surplus of supply thanks to massive investment in desalination and wastewater reuse over the past decade.
Terex Corp. has bypassed speculated insiders and turned to outsider John L. Garrison Jr. to succeed veteran CEO Ronald DeFeo in leading the soon-to-be-expanding equipment company, the firm said on Oct. 15.
With construction spending continuing to rise toward pre-recession peaks and worker shortages growing for both open shop and union contractors, compensation of craft trades has seen a significant bump—the largest in nearly three decades for some firms.
Peter Zipf, former chief engineer of The Port Authority of New York & New Jersey and a 30-year agency veteran, joined Omaha design firm HDR on Oct. 5 as vice president and northeast region transportation director based in New York City, ENR confirms.
Robert G. Card, the American executive brought in as CEO three years ago to instill a culture change at Montreal-based industry giant SNC-Lavalin Group Inc.—reeling from corruption allegations in Canada, Libya and Bengladesh that reached to the top of its C-suite—will turn the job over to his hand-picked deputy Neil Bruce on Oct. 5.
