Primoris plugs into $525M worth of utility contracts

ConDig (06-May-21) Dallas, Texas-based construction and infrastructure company Primoris Services Corp said it had secured $525 million worth of utility contracts in the first quarter.  The contractor said that new contracts include a $60 million,…


Fluor spins off equipment division for $73M

ConDig (May-6-21)  Engineering and construction group Fluor Corp has sold off its North American equipment and fleet services division AMECO to One Equity Partners for $73 million. The deal forms part of the Irving, Texas-based company’s previously…




Housing starts surge 19.4% in March

ConDig (16-Apr-21).  Construction of new homes in the US roared up 19.4% in March as the market continues to be underpinned by low interest rates.  Overall housing starts rose to a seasonally adjusted annual rate…



Skanska inks $73M deal for event center in Tennessee

ConDig (07-Apr-21).  Swedish developer and contractor Skanska has secured a $73 million contract for a multi-purpose event center in Clarksville, Tennessee. Under the deal, the contractor will oversee the building of a 23,200 square meter…


Construction spending slips in Feb

ConDig (01-Apr–21).  Construction spending in the US edged down 0.8% month-on-month in February to a seasonally adjusted annual rate $1.52 trillion compared with $1.53 trillion the month prior amid a blast of severe winter weather…