News Summary The U.S. labor market shows resilience despite a slight increase in jobless claims, presenting new opportunities for the construction sector. With about 382,000
News Summary The Canada Pension Plan Investment Board is investing C$225 million into a significant data center expansion in Cambridge, Ontario, driven by the growing
News Summary Hitachi Construction Machinery has reported a significant sales revenue drop, with a 6.7% year-over-year decline totaling 306.2 billion yen. Challenges attributed to a
News Summary The Federal Reserve has kept its benchmark interest rate unchanged at 4.25% to 4.5%, disappointing the construction sector that hoped for a rate
News Summary Gold Shield Construction has reached a settlement with the EPA concerning lead paint safety violations. The company, based in Berlin, Connecticut, will pay
News Summary Single-family homebuilding in the U.S. has fallen to its lowest level in 11 months due to high mortgage rates and economic uncertainty. Housing
News Summary Anduril Industries has revealed a plan to invest at least $900 million in a new drone manufacturing facility near Rickenbacker International Airport, aiming
News Summary Huntsville is experiencing a significant surge in construction activities, with ongoing projects valued at nearly $350 million. Major developments, including housing projects, a
News Summary Nevada has enacted a new law permitting construction crews to begin work as early as 5 a.m. This law aims to protect workers
News Summary Chicago’s commercial real estate landscape is shifting as developers adapt to high interest rates and tighter lending conditions. With traditional funding methods under
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