Global infrastructure construction is forecast to grow by 4.8% on an annual average basis in real terms between 2019 and 2023. Details of the study and Trump's contribution here.
The United States Department of Labor’s (DOL) Occupational Safety and Health Administration (OSHA) is requesting information and comment on Table 1 of the agency’s Respirable Crystalline Silica Standard for Construction. Details here.
The infrastructure award will complete the first 9-mile segment to Pomona for $805.6 million with an option to extend to Montclair if additional funding is secured by September 2021.
Fluor Corporation has announced tthat its joint venture with United Infrastructure Group Inc. was selected by the North Carolina Department of Transportation (NCDOT) to widen and improve a 7.5-mile stretch of Interstate 26 from Exit 40 (North Carolina 280/Airport Road) to the I-40 interchange in Asheville, North Carolina. Fluor will book the $263 million contract in the third quarter of 2019. Details here.
Birmingham, Alabama (Aug. 15, 2019)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
BIRMINGHAM, Ala. (Aug. 8, 2019)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with InEight.
The live, online event, "ROI Now,” will take place Sept. 19, 2019, at 2 p.m. EDT. Registration is free at constructionbusinessowner.com/webinars.
Overall, confidence in the equipment finance market is 58.9, an increase from the July index of 57.9. According to Valerie Hayes Jester, president, Brandywine Capital Associates, said, “All indicators point to the continued strength of the economy in spite of trade and tariff wars. The recent drop in the fed funds rate continues to put the spotlight on rates and historically low margins. As certain sectors of the economy are affected by policy changes, we could experience changes in equipment finance demand.”