ConDig (02-May-17). Los Angeles, California-based civil and building construction company Tutor Perini Corporation (TPC) has pocketed four civil contracts worth about $774 million. The company said that its subsidiary, Lunda Construction, is the apparent low…
ConDig (01-May-17). US construction spending dipped 0.2% in March to $1.218 trillion from a record high of $1.22 trillion reached in February, but was up was slightly on the $1.138 trillion in the same period…
ConDig (01-May17). Skanska USA, Kiewit Infrastructure Co and Wagman Heavy Civil have been named on the shortlist for a design-build contract to carry out repairs to the crumbling Arlington Memorial Bridge, in Washington DC. The…
ConDig (28-Apr-17). Granite Construction has pocketed a $33 million contract to build a shared use path on State Route 28 in Incline Village, Nevada. The construction manager at risk deal was issued by the Nevada…
ConDig (28-Apr-17). KBR Inc reported a 14% drop in profit in the first quarter of this year despite revenue rising 11%. The Houston-based engineering and construction company booked net income of $37 million for the…
ConDig (27-Apr-17). Profit at Taylor Morrison Home Corp surged 37% in the first quarter of this year as the US homebuilder reported revenue rising by nearly a fifth from a year earlier. The Scottsdale, Arizona-based…
ConDig (26-Apr-17). New York City Council has green lighted a sweeping new construction safety bill that will require the contractors to publish a full list of deaths and injuries on sites. Under the bill, contractors…
ConDig (26-Apr-17). The Georgia Department of Transportation (Georgia DOT) has issued 32 contracts for road upgrade projects across the state totaling $132.7 million. The projects include resurfacing and maintenance of 346 miles of state highways…
ConDig (24-Apr-17). Leaders of the US house building industry have blasted a decision by the government to slap an import duty averaging 20% on Canadian softwood lumber. The National Association of Home Builders (NAHB) said introduction…
ConDig (25-Apr-17). Profit at Caterpillar Inc fell 29% in the first quarter as a 3% rise in revenue at the construction and mining equipment manufacturer was offset by a $77 million increase in restructuring costs….