Splashdown: Fire-Weakened Beijing Bridge Deck Falls Into River
[ad_1] A deck section on a 26-year-old cable-stayed Beijing bridge collapsed into the Chaobai River April 23, when tie rods hanging from an arch to one side of the deck failed, Chinese agencies and news media reported. Witnesses said the area
Citing Tariffs, Churchill Downs Pauses $900M in Racetrack Construction Projects
[ad_1] Noting rising construction costs related to tariffs and what it calls a slowing economy, Churchill Downs Inc. (CDI), home of the Kentucky Derby, is pausing a multiyear, roughly $900-million construction project it had proposed as the largest renovation and expansion
Korean Offshore Wind Cable Maker Starts $700M Virginia Plant, Eyes Long Term
[ad_1] 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
[ad_1] 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
[ad_1] 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
[ad_1] 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
[ad_1] 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