Korean Offshore Wind Cable Maker Starts $700M Virginia Plant, Eyes Long Term
Defying the turbulence surrounding the U.S. wind energy market, escalated by recent actions of the Trump administration to deter sector construction, LS Greeenlink is pressing ahead to build what will be the nation’s largest facility for manufacturing subsea high-voltage
Specialty Contractors Drive Construction’s 11K Jobs Gain in April
The Bureau of Labor Statistics' April jobs report, released May 2, showed somewhat surprising overall employment gains, with an increase of 177,000 jobs for the month. And thanks to specialty trade contractors, in particular, construction was among the industries
Merck Breaks Ground on $1B Delaware Biologics Center
U.S. biopharmaceutical giant Merck announced the start of construction for a $1 billion, 470,000-sq-ft state-of-the-art biologics center of excellence in Wilmington, Del.Officially called Merck Wilmington Biotech, the project is located on a leased site at Chestnut Run Innovation &
Rock Weathering Tech Developer Wins $50M From XPRIZE’s Carbon Removal Contest
Mati Carbon, a developer of an enhanced rock weathering technology that reduces atmospheric carbon dioxide, on April 22 garnered the top, $50-million prize of the XPRIZE contest, a global competition aimed at boosting promising and scalable carbon dioxide removal
Construction Spending Falls in March
Total construction spending fell 0.5% month-over-month in March, according to a report recently released by the U.S. Census Bureau. Residential construction spending fell 0.4% from February’s rates, while non-residential spending declined 0.5%. “Nonresidential construction spending fell sharply in March, with
Three Killed in Fall Accident on Bechtel Port Arthur LNG Project
Bechtel has suspended all work on its Port Arthur LNG export terminal project after three workers were killed in a fall accident on April 29 in Sabine Pass, Texas.Investigating officials reported that the workers fell an estimated 65 to
St. Louis Halts Building Rehab Program Amid Alleged Fraud Complaints
A day after St. Louis shut down a program to repair dilapidated and vacant buildings, a lawsuit was filed seeking to learn how the program operated, selected contractors and managed recordkeeping and quality controls—as well as to uncover any