Fields West in Frisco Secures $425 Million Construction Loan

2 months ago

News Summary Frisco, Texas, is set for a major transformation with a $425 million construction loan for the Fields West…

U.S. Softwood Lumber Prices Hold Steady Amid Market Challenges

2 months ago

News Summary On July 4, 2025, softwood lumber prices in the U.S. remained at $422 per 1,000 board feet, reflecting…

Fortune International Group and Blue Road Secure $73.3 Million Loan for Nexo Residences

2 months ago

News Summary Fortune International Group and Blue Road have secured a $73.3 million construction loan for the Nexo Residences, a…

Understanding the Importance of Cash Flow Over Income Statements

2 months ago

News Summary In today’s business environment, especially in construction, cash flow takes precedence over income statements for financial health. While…

Construction Delay for Highway 104 Advanced Traffic Management System in Kingston

2 months ago

News Summary Construction for the Highway 104 Advanced Traffic Management System (ATMS) in Kingston has been delayed until mid-September due…

AFRY Acquires Reta Engenharia to Expand Industrial Reach

2 months ago

News Summary AFRY has acquired Reta Engenharia, a leading Brazilian project and construction management firm, to enhance its industrial capabilities…

Growth Forecast for Global Geotechnical Construction Services Market

2 months ago

News Summary The Global Geotechnical Construction Services Market is set to grow from US$2.67 billion to US$3.83 billion, with a…

Semiconductor Industry Growth Sparks Demand for Construction Planning

2 months ago

News Summary The semiconductor industry in the UK is experiencing significant growth with a 19.3% increase in sales. This growth…

Houston-Based METECS Awarded $150 Million NASA Contract for Space Simulations

2 months ago

News Summary MacLean Engineering and Applied Technology Services LLC, known as METECS, has been awarded a $150 million NASA contract…

Chicago Construction Industry Faces Financial Strain Amid Rising Costs

2 months ago

News Summary The construction industry in Chicago is experiencing a significant crisis due to rising tariffs and material costs, reshaping…