Tutor Perini posts wide-ranging loss, pulls guidance for 2022
The Los Angeles-based contractor blamed reduced project execution, COVID-19 impacts and a reversal of previously awarded legal damages for its results…
Author: construction dive
Industry groups hit the road to promote engineering, public works careers
The campaign will spotlight the need for workers to help address the country’s pressing infrastructure challenges.
AECOM-Hunt Turner tops out concrete frame at $2B Intuit Dome
The future home of the Los Angeles Clippers went from concrete foundation to its top deck pour in just six months.
Freddie Mac expects multifamily contraction through the end of 2022
Macroeconomic headwinds include inflation and rising Treasury rates.
Amazon slows network expansion in response to cooling customer demand
The e-commerce giant estimates 40% of its capital investments this year will go toward warehouses and transportation capacity, down from 55% in 2021.
White House details infrastructure act progress
Fact sheets break down funding and projects by state, more than eight months after the Infrastructure Investment and Jobs Act became law.
US firms facing tight labor market revise pay, reward plans
Companies are shifting how they attract employees as many “help wanted” signs go unanswered, Willis Towers Watson said.
$52B CHIPS Act a boon for construction, but challenges remain
Labor shortages, security clearances and the funding timeline still need to be addressed, experts say.
Code updates, sustainability spur mass timber’s US adoption
Nordic Structures’ David Croteau said demand for CLT is growing as major companies seek to reduce their carbon footprint.
Granite chalks up 3 highway wins for combined $78M
The firm nabbed the projects in California and Texas as part of its new “home market” strategy.
