Construction Economics for March 10, 2025
The 60th annual Award of Excellence celebration will take place in New York City, March 27, 2025. Three award programs will be wrapped into one exciting day, recognizing the 2024 Best of the Best winning projects, the Top 25
Intel Delays Completion of First Ohio Plant to 2030
Intel Corp. announced that it is slowing the pace of construction of two semiconductor fabrication plants in central Ohio. The first of the plants, known as fabs, will now complete in 2030, according to the company.The $28-billion project includes
The Great Recalibration: Fed Spending Cuts So Far Hurt But Don’t Devastate
The Trump administration's wide-ranging federal spending cuts—including plans to save billions on consulting contracts—have so far cost design consultant ICF International only $90 million in anticipated 2025 revenue, company CEO John Wasson told investment analysts on an earnings conference
TSMC, Trump Announce $100B Investment in US Semiconductor Facilities
Taiwan Semiconductor Manufacturing Corp. said it would spend $100 billion on chip manufacturing plants in the U.S. at a White House press conference March 3.President Donald Trump called the investment "a tremendous thing for our country and, hopefully, for
Supreme Court Majority Agrees With San Francisco in Water Permit Challenge
In a March 4 opinion, the nation’s high court struck language in the U.S. Environmental Protection Agency’s pollution discharge permits for two wastewater treatment facilities in San Francisco—with a 5-4 majority agreeing that the agency exceeded its statutory authority
New Tariffs on Mexico, Canada, Will Drive Up Construction Prices
A 25% tariff on almost all goods from Canada and Mexico, implemented by the Trump administration March 4, may lead to cost escalation for construction materials and increases in overall project costs, but the ramifications will depend on how
Minnesota Joins Suit by Fired Drywall Worker Who Reported Sexual Harassment and Rape
In the wake of a February guilty plea by a worker who raped a co-worker on a Minnesota jobsite, the state Dept. of Human Rights has joined a lawsuit against a drywall company for violating the state's Human Rights
Construction Steams Ahead on Treasure Island Wastewater Facility
Construction is proceeding rapidly on an approximately $165-million contract to build a new wastewater treatment plant on San Francisco's Treasure Island, an artificial island originally built by the U.S. Army Corps of Engineers in the 1930s. The 3.5-million-gallon-a-day Treasure
Larry H. Miller Real Estate Named ENR Intermountain Owner of the Year
Developer awarded for community development work, including a new entertainment district, baseball stadium and performing arts center near South Jordan, Utah. Source link
ServiceTrade Research Reveals Strategies for Attracting, Hiring, and Retaining Techs Amid Skilled Labor Shortage
DURHAM, NC — ServiceTrade, an innovative software platform designed to optimize commercial service business operations for growth and profit, has released its 2025 Technician Insights Report to help commercial service business owners address the most significant challenge they face