Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.

Takeuchi-U.S., compact equipment manufacturer, has named Fred Hinton to a newly appointed position as technical trainer and content developer for the technical training group, effective immediately. This position was added in response to keeping up with the market growth Takeuchi has experienced. 

Meridian Energy Group Inc., the emerging growth refining firm and leading innovator in advanced technology and environmentally beneficial petroleum-processing facilities, announced today that the company has signed a letter of intent with Watco Companies,a leading rail-based transportation provider, under which Watco will serve as the main rail management contractor for the Davis Refinery with ongoing discussion for future developments.

“Florida has been a rapid growth market for NV5, where we have completed six acquisitions and experienced solid organic growth,” said Dickerson Wright, PE, chairman and chief executive officer of NV5.  “The acquisition of Page One continues to strengthen our capabilities and expand our client base in the aggressive Orlando construction market and also enhances our value proposition for adjacent Central Florida markets, such as Tampa and St. Petersburg.”

The project will satisfy a federal mandate to enhance protections for critical bridges around the country. The Delaware Memorial Bridges carries Interstate 295, connecting travelers from New York City to Washington, D.C., and the New Jersey Turnpike. The project is expected to cost $45 to $46 million.

The ITU facilitates international connectivity in communications networks and allocates the global radio spectrum and satellite orbits, develops technical standards to make certain networks connect seamlessly, and strives to improve telecommunications access in underserved communities around the world. The new headquarters building will support this mission with the latest in collaborative workspaces and forward-thinking office design.

Fluor Corporation has announced that the Fluor-led joint venture company composed of Fluor and Balfour Beatty Infrastructure Inc., was selected by the Texas Department of Transportation (TxDOT) to design and construct the I-635 LBJ East Project in Dallas. The Fluor team’s scope of work includes the widening and full reconstruction of about 11 miles of I-635, also known as LBJ Freeway. 

The American Concrete Institute (ACI) Foundation’s strategic development council (SDC) will host its Technology Forum 46, in Pittsburgh, Pennsylvania, August 27-29, 2019. The forum will include several technology showcases that highlight new and innovative equipment, materials and applications that have the potential to advance the industry, including:

Today the Portland Cement Association (PCA) announced the re-establishment of a geotechnical experts group supporting cement-based solutions for water resources to coincide with "National Dam Safety Awareness Day" and providing a boost to the technical support available for dam safety nationwide. 

World of Concrete (WOC) reports that its recently completed space draw for 2020 secured just over 927 exhibitors, booking more than 638,000 net square feet of exhibit space. With 9 months remaining until WOC 2020, organizers are anticipating a robust WOC 2020.

Water is our most valuable natural resource, with 44% of the United States’ total population relying on groundwater supplies for their drinking water. Population and industrial growth have created increased challenges to maintain, manage and provide adequate clean water sources and made the need for specialized remediation services vital.