With economic uncertainty and a construction industry largely supported by some key sectors, the used equipment market has shown a decline in prices in recent months…
Browsing: Industry News
While 2025 may be coming to an end, economic uncertainty is expected to continue as concerns linger over the construction sector as well as the health…
Construction activity is beginning to stabilize in many parts of the world, and costs are not rising as rapidly as in recent years. Most countries expect…
ENR’s construction confidence index rose four points between the third quarter and the fourth quarter, to a slightly upbeat 52. The economic index also rose four…
The Queensland Government has appointed Unite32, a joint venture between Laing O’Rourke and AECOM, as the delivery partner for the $4.75 billion Brisbane 2032 Olympic and…
The City of Toronto awarded GHD a contract to serve as lead design consultant on the upgrade of Toronto’s Humber Wastewater Treatment Plant, North Plant. The…
GE Vernova Hitachi Nuclear Energy’s BWRX-300 small modular reactor design has completed an initial stage of the UK government’s generic design assessment, a regulatory milestone although…
Semiconductor chipmaker GlobalFoundries plans to increase its European footprint by expanding its existing manufacturing site in Dresden, Germany. The Malta, New York-based company plans to invest…
Houston-based offshore contractor McDermott International won a contract from a unit of Malaysia’s state-owned energy company Petronas for the engineering, procurement, construction, installation and commissioning of…
822BGlobal air traffic, measured in passenger kilometers entered, in October. Source: International Air Transport Association Construction of Rome’s Metro C automated transit line reached…