Jan 3, 2025 · For the current year, projections indicate that between $250m and $300m will be allocated for the advancement of the construction process. These funds are seen as crucial for maintaining the project timeline and ensuring the bridge meets the growing infrastructure demands of the region.

Dec 10, 2024 · McDermott International has completed the sale of CB&I, a designer and builder of storage facilities, to a consortium of financial investors, led by Mason Capital Management, in an all-cash equity transaction.. Other investors in the consortium include IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and more.

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Nov 21, 2024 · The construction of a new steel ladle slag plant by Saint-Gobain in Raahe, Finland is currently underway, marking a significant step towards sustainable construction materials.. The facility, set to be completed in 2025, will transform steel slag into low-carbon binders, offering an eco-friendly alternative to traditional cements.

Dec 24, 2024 · Builders FirstSource, a supplier of building products and prefabricated components, has announced a definitive agreement to acquire US-based Alpine Lumber.. Founded in 1963 in Englewood, Colorado, Alpine Lumber has grown into a 100% employee-owned company.

Oct 21, 2024 · The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by -2.8% in 2023. A key growth market will be the infrastructure market, with output rising by -2.8% in real terms.

May 22, 2023 · The future of the construction industry will be shaped by a range of disruptive themes, with artificial intelligence (AI) being one of the themes that will have a significant impact on construction companies.

Dec 18, 2024 · The new airport is expected to significantly contribute to Dalian’s economy, a city already engaged in trade with Japan and South Korea due to its strategic location, according to the news agency.

Oct 21, 2024 · The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2024, having grown by 3.7% in 2023. A key growth market will be the infrastructure market, with output rising by 3.7% in real terms.

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