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 [...]
Integrated Electrical Services, Inc. announced it has expanded its existing surety facility and established a new co-surety facility that increases its capacity to $325 from $150 Million.
“We are very pleased to expand our relationship with our surety partners to significantly increase our capacity,” stated Michael Caliel, IES’ president and chief executive officer. “This agreement is [...]
Further to the press release issued on October 7, 2008, The Churchill Corporation today announced that a normal course issuer bid has been approved by the Toronto Stock Exchange (the “TSX”).
The Corporation intends to purchase up to 1,391,090 of its common shares by way of normal course purchases on the TSX, representing 10% of the [...]
The world’s leading earthmoving equipment manufacturer, Caterpillar Inc. and Trimble, the leading innovator in developing technology for mobile and work applications, announced today the creation of a new joint venture company and a new distribution agreement. The new company, VirtualSite Solutions, will integrate the deep expertise of both parent companies in the areas of product [...]
Perini Building Company, Inc., a wholly-owned subsidiary of Perini Corporation (NYSE: PCR), said it has been awarded a $1.2 billion construction contract to build Terminal 3 at McCarran International Airport, Las Vegas, NV.
The project, which is expected to commence in August 2008, includes a new terminal building with an elevated roadway structure fronting the facility, [...]
The Bouygues Construction Challenge – a corporate competition unique in its sector – was created 10 years ago to address the need to recruit recent graduates. The eleventh Bouygues Construction Challenge is clearly focused on the issues facing the group in 2007. Taking concessions as its theme – a fast-growing market – the Challenge will [...]
RadTech Europe (RTE), the European Association promoting the use of UV/EB technology, recently announced the three 2007 winners of the RTE Awards for Innovation Competition at its biennial RTE Conference & Exhibition held in Vienna 13th-15th November 2007. Open to all companies utilizing UV/EB technology, the RTE Awards for Innovation Competition recognizes and encourages innovative [...]
Ibstock launched a new pre-fabricated modular bay window which can be installed into standard brickwork in a fraction of the time of traditional bay window construction. The new design is available in three sizes based around a lightweight steel frame for consistent high quality.
The new Modular bay Window is NHBC approved and is available in [...]
SolarPower Restoration Systems announced today, under an exclusive global product license agreement, T.Clear Corporation will manufactured and distributed their T.Clear SOLAR LG LIGHTGUARD® and SOLAR HG HEAVYGUARD® Protected Membrane Roof (PMR) insulation panels based on SolarPower Restoration’s SolarSeal Technologies™ “Surface Overlay” and “Power Island Systems” design.
“This new partnership combines the roofing industry’s well-known T.Clear LIGHTGUARD® [...]
New 13-ton single-drum vibratory rollers from BOMAG feature Tier III compliant engines and vertically-opening hoods designed for easy access to engine and hydraulic components.
The new BW213-40 Series comprises three models: the BW213D-40 and BW213DH-40 smooth drum rollers and the BW213PDH-40 padfoot roller. The BW213D-40 is powered by a 133-horsepower Deutz water-cooled diesel engine. The [...]
The first meeting of the tripartite coordination committee on construction of the Caspian gas pipeline and modernization of the existing international gas transportation system was held in the Turkmen capital on 17 June.
Leaders of the Turkmengaz state concern, Russia’s Gazprom open joint stock company and the Kazakh KazMunayGaz company attended the meeting, the Turkmenistan.ru correspondent [...]
McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”), announced today that a subsidiary of J. Ray McDermott, S.A. has entered into a joint venture with a subsidiary of state-owned China Shipbuilding Industry Corporation (“CSIC”).
The joint venture company, Qingdao McDermott Wuchuan Offshore Engineering Company Ltd. (“McDermott Wuchuan”), plans to establish a new facility on over 111 [...]