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 [...]
Burnham Holdings, Inc., a leading manufacturer of boilers, furnaces, radiators, air conditioning systems, and related accessories for residential, commercial and industrial applications, today reported its financial results for the period ended September 28, 2008.
Third quarter and year-to-date sales were $62.9 million and $149.8 million, respectively. Prior year third quarter and year-to-date sales were $59.8 million [...]
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 [...]
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 [...]
Brazil is still one of the world’s biggest producers of machinery and equipment. In the first six months of 2007 the sector recorded growth of 10% in revenues compared with the same period last year. This is the scenario setting the optimistic tone for the 27th International Machinery and Industrial Supplies Trade Fair, the most [...]
Atlantic Zeiser, supplier of dedicated personalization and encoding systems for the label market, announces the introduction of the OMEGA 36 HD and OMEGA 210, two new high resolution inkjet printing systems, and the launch of the SMARTCURE Series, a new eco-friendly LED UV curing solution, at drupa 2008. During the world’s largest printing show, to [...]
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 [...]
Construction services group Global Construction Services (ASX: GCS.AX) is pleased to announce the launch of operations in the North West with the opening of a new business division in Karratha, Western Australia.
The new division will operate as GCS Northwest Pty Ltd, a subsidiary business to GCS Group.
GCS Group Managing Director Enzo Gullotti said the new [...]
The European energy efficiency guideline, Energy Performance of Buildings (EPBD) demands a European-wide obligatory energy certification of buildings. To verify energy efficiency eu.bac, the European Building Automation and Controls association, has developed the first Europe wide test and certification program for the range of electronic single room controllers. The test, based on the adherence to [...]
Thousands of South Asian construction workers went on strike Sunday over harsh working conditions in the latest threat to a spectacular building boom already endangered by a falling currency and labor shortage.
While laborers have long complained about working conditions in this Gulf city known for its avant-garde skyscrapers, luxury dwellings and archipelagoes of artificial islands, [...]
Propelled by soaring orders from power plants to luxury condominiums, Hyundai Engineering & Construction is expected to post record overseas orders this year.
The country’s third-largest builder by total assets secured $3.4 billion worth of overseas orders at the end of September this year. The figure has already surpassed the company’s yearly target.
“Thanks to many orders [...]
Cheryl Daniels started noticing the dust and noxious fumes lingering in her Upper West Side apartment house after construction began in the building last fall. Then cracks appeared in the walls. One day, her front door stopped closing properly.
The breaking point came several weeks ago during a rainstorm. Ms. Daniels was awakened by a loud [...]