Fighting $1.6B Baha Mar Decision, CCA Construction Files for Bankruptcy
[ad_1] Following a New York State judge's ruling that China Construction America owes $1.6 billion to BML Properties—the original developer of the $3.5-billion Baha Mar project in the Bahamas—the contractor in December filed for bankruptcy protection in federal court in
Construction May Play Role in South Florida High-rise Subsidence, Study Finds
[ad_1] Researchers found 35 high-rises along the coasts of Miami-area barrier islands slowly sank by as much as 3 in. between 2016 and 2023. While some settling during and in the months following construction is normal, the researchers say the
Part of Under-Construction High School Collapses in Alabama
[ad_1] An under-construction athletic practice facility in Gulf Shores, Ala., part of ongoing work to build the city's $137-million high school, collapsed in the early morning of Jan. 27. Grant Brown, spokesperson for the coastal city, says officials are not sure
Chasing Automation and Lower Carbon at World of Concrete
[ad_1] With the U.S. construction market still facing a labor crunch and other pressures to find more efficient ways to build, attendees at the World of Concrete show in Las Vegas on Jan. 21-24 were looking for advances in automation
Groups Win Temporary Court Halt to Trump Funding Freeze as State AGs Plan Suit
[ad_1] Two national associations have won an immediate temporary restraining order from a federal district court of an announced plan by the acting head of the federal Office of Management and Budget for a "temporary pause" of all federal funds
ABC’s Construction Backlog Indicator Slips in December
[ad_1] WASHINGTON, DC — Associated Builders and Contractors reported today that its Construction Backlog Indicator inched down to 8.3 months in December, according to an ABC member survey conducted Dec. 20 to Jan. 6. The reading is down 0.3 months from
Construction Firms Predict Strong Demand For Certain Private-Sector, Most Types Of Public-Sector Work In 2025
[ad_1] Construction contractors are optimistic about certain private-sector segments and have high hopes for most types of public-sector work, according to survey results the Associated General Contractors of America and Sage released. Yet contractors have very low expectations for several
Frontdoor, Inc. to Award Scholarships to Trade School Students
[ad_1] Frontdoor, Inc. (NASDAQ: FTDR), a leading provider of home warranties launched a new trade school scholarship program in collaboration with BlueRecruit, a direct-hire marketplace built for skilled-trade workers, further connecting the dots between education and skilled trade