ConDig (05-May-17). The US construction market remains robust and competition for projects is intense, according to Swedish construction group Skanska, which reported a record order book in the first quarter of this year. The Stockholm-based…
ConDig (05-May-17). Profit at engineering and construction group Fluor Corp (FLR) fell by more than two thirds in the first quarter of this year as charges related to cost increases and narrower margins offset a…
ConDig (04-May-17). Executives at Los Angeles, California-based civil and building construction company Tutor Perini Corporation (TPC) expect a steady stream of contracts for major work to be issued through this year. Speaking on a conference…
ConDig (04-May-17). A Fluor Corp and Balfour Balfour Beatty Infrastructure Inc. joint venture has secured a $625 million contract for the revamp of the Southern Gateway, along Interstate I-35E and US 67 in Dallas, Texas. Irving,…
ConDig (03-May-17.) Sterling Construction Co, Inc. narrowed its losses in the first quarter of this year as revenue at the civil construction company jumped up 21%. The Woodlands, Texas-based company posted a net loss of…
ConDig (02-May-17). Sterling Construction Co has appointed Joseph A. Cutillo as chief executive officer and to the board of directors, effective immediately. The appointment comes as Paul J. Varello, who has served as Sterling’s ceo…
ConDig (02-May-17). Granite Construction Inc reported deeper losses in the first quarter of this year amid a rise in expenses and squeezed margins. The Watsonville, California-based company posted a net loss of $23.8 million for…
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…