McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today released its 2009 Construction Outlook, which forecasts a drop in overall U.S. construction starts for next year, as the tough funding environment continues, construction projects are deferred, and financial stress gradually eases. Against this backdrop, the level of construction starts in 2009 is expected to [...]

ProLogis, the world’s largest owner, manager and developer of distribution facilities, announced that it has leased approximately 174,000 square feet (16,200 square meters) in Shanghai to Mitsubishi Logistics, a leading third-party logistics company in Asia.
Mitsubishi Logistics will lease the space through its affiliated joint venture Shanghai Linghua Logistics Co. and will fully occupy one of [...]

Plas-Tech Coatings, Inc. recently released a new industrial metal coating that provides all the benefits of traditional fluoropolymer coatings in a crystal clear film. PT-75 is a thin film fluoropolymer coating available for use in various industries.
This new fluoropolymer coating is a highly stable, PTFE-based coating appropriate for nonstick, dry film lubrication applications. It is [...]

Hitachi Power Tools announced the partnership with Yates Racing, sponsoring the No. 28 entry with driver Travis Kvapil for a total of six races in the remaining NASCAR Sprint Cup Series schedule. The primary sponsorship will debut at Indianapolis Motor Speedway on July 27th and the race will mark the first time Hitachi Power Tools [...]

Heavy equipment maker Caterpillar Inc. said Monday that it will acquire certain assets of Gremada Industries Inc., which reclaims and remanufactures metal components.
Financial terms were not disclosed.
The agreement was signed on Sunday and the deal is expected to close when legal and regulatory requirements are completed, Caterpillar said.
West Fargo, N.D.-based Gremada remanufactures and reclaims metal [...]

Some 1, 200 exhibitors and over 100, 000 trade visitors are expected again at the exhibition duo HOLZ-HANDWERK and fensterbau/frontale from 2-5 April 2008. The display area in the Exhibition Centre Nuremberg is already practically fully booked months before the exhibition starts.
“Many of the exhibitors at HOLZ-HANDWERK will present their products on an appreciably larger [...]

The steep slump in housing intensified at the end of last year, pushing home construction down by the biggest amount in nearly three decades.
Analysts forecast more bad news in the months ahead with the big question remaining whether the housing slump will be severe enough to push the country into a recession.
The Commerce Department reported [...]

Dover Corporation’s De-Sta-Co announced the acquisition of Industrial Motion Control, LLC (”IMC”), which has annual revenues of approximately $50 million.

The Hong Kong Polytechnic University (PolyU) has appointed world-renowned architect Zaha Hadid as the architect of its new “Innovation Tower”. This building will be her first permanent architectural work in Hong Kong. The new Tower will be located at the northeastern tip of the university campus. Construction work will begin in 2009 and the whole [...]

A good school district, desirable homes and appealing surroundings have helped increase the value of Murrysville homes in recent years.
While the 2006-07 median sale price of Westmoreland County houses has risen by 1.6 percent over last year, Murrysville home prices are up 9 percent for the same period.
And since 2003-04, the median sale prices [...]

Axis Technologies Group, Inc. announced today that Kirchhoff Construction will join the company as an efficiency advocate in energy saving partnering. Kirchhoff, a leader in innovation, recently installed in their own facility the energy efficient lighting fixtures by Crescent/Stonco, a division of the Genlyte Group, Inc. that is equipped with the Axis Dimming/Daylight Harvesting [...]

THE construction of the P10-million three-storey Dumaguete City Health Care Building has already started.
According to City Administrator Dominador V. Dumalag Jr., the first two floors of the building will hopefully be completed by the middle of next year.
Post your comments on the explosion at the Glorietta 2 mall in Makati City.
Once completely furnished with medical [...]