Construction Permits

CPP Investments Invests $225 Million in Quebec Data Center

News Summary The Canada Pension Plan Investment Board is investing C$225 million into a significant data center expansion in Cambridge,…

1 month ago

Hitachi Construction Machinery Faces Revenue Decline Amid Tariff Uncertainty

News Summary Hitachi Construction Machinery has reported a significant sales revenue drop, with a 6.7% year-over-year decline totaling 306.2 billion…

1 month ago

Federal Reserve Holds Interest Rates Steady, Builders Struggle

News Summary The Federal Reserve has kept its benchmark interest rate unchanged at 4.25% to 4.5%, disappointing the construction sector…

1 month ago

Gold Shield Construction Settles with EPA Over Lead Paint Violations

News Summary Gold Shield Construction has reached a settlement with the EPA concerning lead paint safety violations. The company, based…

1 month ago

U.S. Single-Family Homebuilding Declines to 11-Month Low

News Summary Single-family homebuilding in the U.S. has fallen to its lowest level in 11 months due to high mortgage…

1 month ago

Anduril Industries to Build Drone Manufacturing Facility in Ohio

News Summary Anduril Industries has revealed a plan to invest at least $900 million in a new drone manufacturing facility…

1 month ago

Huntsville Sees Construction Boom With $350 Million in New Projects

News Summary Huntsville is experiencing a significant surge in construction activities, with ongoing projects valued at nearly $350 million. Major…

1 month ago

Nevada’s New Law Allows Early Start Times for Construction

News Summary Nevada has enacted a new law permitting construction crews to begin work as early as 5 a.m. This…

1 month ago

High Interest Rates Challenge Chicago’s Commercial Real Estate Developers

News Summary Chicago’s commercial real estate landscape is shifting as developers adapt to high interest rates and tighter lending conditions.…

1 month ago

MBA Calls for Reform in Construction Lending Policies

News Summary The Mortgage Bankers Association (MBA) has proposed significant reforms to enhance access to construction and renovation financing. Their…

1 month ago