Construction Industry News: April 23, 2019
Virgin Trains' $4B Florida line tees up for construction Virgin Trains USA, formerly Brightline, announced today the closing of $1.75 billion in private activity bonds (PAB) to help fund the…
Virgin Trains' $4B Florida line tees up for construction Virgin Trains USA, formerly Brightline, announced today the closing of $1.75 billion in private activity bonds (PAB) to help fund the…
Total February spending up 1%, highway segment up 9.5% February construction spending was up 1% from January to a seasonally adjusted annual rate of $1.3 trillion, according to the latest…
Pentagon hands over $1 billion for border fencing The Pentagon transferred $1 billion to the U.S. Army Corps of Engineers (USACE) Wednesday to support construction of 57 miles of 18-foot…
Florida Reservoir Project Sets Records for Owner and Contractor A joint venture of Lane Construction Corp. and Salini Impregilo is beginning work on a 10,500-acre storage reservoir beside the Caloosahatchee…
Trump 2020 Budget Has Deep Cut in Corps Construction The overall 2020 civil works budget—which would be cut 31%, to $4.8 billion—seeks no money for a long-gestating Corps Water Infrastructure…
Duke University's snub a 'major setback' to $3B North Carolina light rail project The Research Triangle Regional Public Authority (GoTriangle), which serves Wake, Durham and Orange counties in North Carolina,…
Calif. Gov. Pulls Plug on L.A.-San Francisco High-Speed Rail Project California Gov. Gavin Newsom said Tuesday he's abandoning a $77 billion plan to build a high-speed rail line between Los…
More evidence that drones could and should play a major role in infrastructure A report from the Lulea University of Technology in Sweden indicates that drones have a major role to play…
What Must Happen In The Next Three Weeks To Avoid Another ShutdownThe 35-day partial government shutdown, the longest in U.S. history, has ended—though just for a little while—as President Trump…
Change of Plans for $1B NYC Subway Tunnel Rehab May Avoid Shutdown, But Questions Remain The planned 15-month shutdown and $1-billion repair of a critical New York City subway tunnel—three…
G. Michael Hoover, Chairman and CEO of Sundt Construction, Inc. and 2018 President of the Beavers, served as master of ceremonies for the 2019 Golden Beaver Awards Dinner which was…
Shutdown Spares Some Construction Programs, But Highway Concerns Arise The partial shutdown of the federal government is starting to affect some federal construction programs—such as those at the Federal Transit…