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…
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 (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 (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….