US construction starts drop 2% in April

ConDig (18-May-21).  US construction starts dipped 2% in April to a seasonally adjusted annual rate of $853.5 billion amid a decline in the single family sector that offset an uptick in nonresidential building and nonbuilding…



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…