Wed.Feb 21, 2024

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9 of the top contech deals of 2023

Construction Dive

Autonomous drone technology, metal reclamation and modular construction topped the list of the biggest contech funding rounds last year.

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Concrete Wall Panels Help Build Noncombustible Homes

The Pro Builder

Concrete Wall Panels Help Build Noncombustible Homes qpurcell Wed, 02/21/2024 - 11:24 As California’s wildfires rage and major home insurers pull out of the state , the rising risk of home fires isn’t being helped by conventional construction, says Scott Long. When one wood-frame home goes up, others nearby quickly follow, he says. “That’s why these fires are as devastating as they are.

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Fluor posts $21M loss despite higher backlog

Construction Dive

Strong awards and cash generation were countered by a large negative charge, according to one financial research analyst.

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Trimble Introduces Roadworks Paving Control Platform for Mills and Cold Planers

Civil + Structural Engineer

New version of Trimble’s next-generation paving control platform for smoother, more precise paving surfaces extends the functionality to an additional machine type WESTMINSTER, Colo. — Trimble (NASDAQ: TRMB) announced today the availability of the Trimble® Roadworks Paving Control Platform for Mills and Cold Planers, extending the functionality of Trimble’s next-generation, 3D paving control system.

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How Top Firms Protect Margins in Costly Construction Markets

Construction companies face shifting labor markets, volatile material pricing, and global supply chain disruptions that threaten profitability. This guide details how industry leaders are replacing outdated budgeting with incremental funding, adopting regional procurement, and using digital tools for real-time financial oversight. Learn how to deploy workforce agility, connected jobsite monitoring, automated procurement, and cost simulation models to preserve margin stability.

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GlobalFoundries awarded $1.5B in CHIPS funding

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Detroit GC Walbridge confident in EV plant construction boost

Construction Dive

Executive Vice President Randy Abdallah talks about manufacturing projects, top sectors for growth and industrywide challenges.

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The Optimized Building

Build LLC Blog

BUILD picks apart a recent project for keys to improve the efficiency of rentable area The post The Optimized Building appeared first on BUILD Blog.

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Lendlease losses continue amid strategy shift

Construction Dive

The contractor and developer has narrowed the kind of U.S. projects it will take on, targeting certain East Coast sectors above a specific cost.

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Credit for Builders Still Tight But Shows Some Easing

The Pro Builder

Credit for Builders Still Tight But Shows Some Easing ibush Wed, 02/21/2024 - 09:13 Credit for residential AD&C remained constrained during Q4 2023, but the good news is that tightening is less widespread than in recent quarters Although credit for residential land acquisition, development, and construction (AD&C) during Q4 2023 remained tight, according to both the Federal Reserve's Senior Loan Officer Opinion Survey on Bank Lending Practices and the National Association of Home Builders' (NAHB

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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DPR optimistic but careful about AI in new report

Construction Dive

The Redwood City, California-based contractor has a “curious, yet cautious” approach to AI and machine learning in construction.

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Ivory Innovations Announces 25 Finalists for the 2024 Ivory Prize

The Pro Builder

Ivory Innovations Announces 25 Finalists for the 2024 Ivory Prize ibush Wed, 02/21/2024 - 10:53 The finalists for the prize demonstrate innovative, scalable solutions for advancing housing affordability Nonprofit Ivory Innovations has announced the finalists in its 2024 Ivory Prize for Housing Affordability. The Ivory Prize, now in its sixth year, culminates in $300,000 of grants to winners in three categories: Construction & Design, Finance, and Policy & Regulatory Reform, all focused on findi

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Ten qualities we all want in our PMs

Civil + Structural Engineer

From The Zweig Letter : By Mark Zweig If you take an honest look at people who are really good project managers, you’ll find they have some specific personality traits and abilities that lead to their success. The owners of practically every AEC firm we talk to or work with tell us that they are trying to have better project managers. You don’t have to be a genius to understand that if you do projects as your primary source of income for your business, you are going to want to have capable proje

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Report Tracks Median Home Price Trends in Opportunity Zones

The Pro Builder

Report Tracks Median Home Price Trends in Opportunity Zones ibush Wed, 02/21/2024 - 09:21 Data from the report show that home prices in low-income neighborhoods identified as Opportunity Zones track closely with nationwide price trends The Tax Cuts and Jobs Act of 2017 defines Opportunity Zones as census tracts in or alongside low-income neighborhoods that meet certain criteria for redevelopment.

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How AI Reduces Cost, Safety, and Quality Risks in Construction Projects

Risk management in construction faces pressure from tighter margins, compressed timelines, and increasing complexity. This guide shows how AI strengthens project stability by predicting risks across cost, schedule, safety, supply chains, and workforce planning. AI algorithms analyze procurement data, subcontractor bids, equipment performance, and site conditions to identify potential disruptions.

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Platinum Contracting of Nevada Starts Construction on Floating Docks for Shoreline Community

Civil + Structural Engineer

Las Vegas contractor installs series of water docks for luxury-enclave Shoreline Platinum Contracting of Nevada, an Inc. 5000 company, is making waves in the desert as construction is now underway on a series of all-season floating docks for Shoreline, a waterfront enclave at The Island in Lake Las Vegas. As a preferred dock installer, Platinum has begun installing permanent and removable floating docks for exclusive lakeside homes.

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Disused Northumberland railway to become greenway after bridges saved from infilling

New Civil Engineer

A community interest company (CIC) in Northumberland has leased a section of disused railway to make it an active travel path after the 19th century bridges on the route were prevented from being infilled. The post Disused Northumberland railway to become greenway after bridges saved from infilling appeared first on New Civil Engineer.

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CIOs worry about AI’s accuracy

Construction Dive

Tech leaders are uneasy about generative AI’s shortcomings and the impact on employees as pressure mounts to deploy the technology, Juniper Networks data shows.

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Judge rejects challenge to £1.7bn Stonehenge Tunnel

Construction News

The High Court has thrown out a case brought by campaigners against the £1.7bn Stonehenge Tunnel project. Mr Justice Holgate said most of the allegations brought by Save Stonehenge World Heritage Site (SSWHS), which was seeking a judicial review of the project's development consent order,… The post Judge rejects challenge to £1.7bn Stonehenge Tunnel appeared first on Construction News.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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White House Announces $5.8B Investment in Water Infrastructure

The Contractor Magazine

Almost half of this funding will be available as grants or principal forgiveness loans, ensuring funds reach underserved communities most in need of investments in water infrastructure.

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2024 Construction Equipment Purchase Plans: Poll Results

Equipment World

Find out what types of equipment contractors want to buy – and the hottest models in each product category.

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How to make the rail network climate resilient and nature-positive

New Civil Engineer

The rail network faces unique biodiversity and resilience challenges. Overcoming them could set the direction for wider infrastructure. The post How to make the rail network climate resilient and nature-positive appeared first on New Civil Engineer.

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Is Modular Construction Destined to Fail?

AEC Business

The construction sector is a harsh environment for innovation. I’ve been following the story of one Finnish innovative contractor, Lehto Group, over the years with enthusiasm. I was saddened to hear that the group’s three significant subsidiaries joined the ranks of many Finnish contractors who have filed for bankruptcy over the last six months.

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How CMiC Helps Construction Teams Stay Ahead of Project Risk

CONSTRUCT™ by CMiC delivers structured project management built for the realities of construction. It brings together RFIs, submittals, drawings, and punch lists in a connected environment that prevents gaps in communication and documentation. Risk is managed in real-time with issue tracking, automated compliance checks, and daily journals that surface hidden patterns.

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Site for new £30M train station in West Midlands being secured and cleared

New Civil Engineer

The future site for the new £30M Aldridge train station in the West Midlands is being secured and cleared by Network Rail engineers, paving way for construction to begin. The post Site for new £30M train station in West Midlands being secured and cleared appeared first on New Civil Engineer.

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Didcot Power Station collapse: families and industry await answers eight years on

Construction News

“As a family it’s like we’re stuck in 2016,” says Sadie Cresswell, as the eighth anniversary of the building collapse that killed her father approaches. She has no more understanding of why it happened than she did at the time. “Unfortunately, it’s very much the… The post Didcot Power Station collapse: families and industry await answers eight years on appeared first on Construction News.

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Bam appointed for full rebuild of Raac-afflicted school in Durham

New Civil Engineer

Bam has been appointed to construct the new building for a secondary school in Durham where Reinforced Autoclaved Aerated Concrete (Raac) is present. The post Bam appointed for full rebuild of Raac-afflicted school in Durham appeared first on New Civil Engineer.

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Work on Armadale Line now underway

Roads Online

Construction of the METRONET’s Carlisle elevated train station on the Armadale Line is underway in Western Australia. WA Transport Minister Rita Saffioti said Carlisle, one of seven new stations being built as part of the upgrades, could mark numerous benefits to the community including reduced congestion. “The community is already starting to see how this project will provide significant benefits by reducing congestion, and delivering new public open space and modern infrastructure,

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Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads

Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.

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Three multi-million pound North Ayrshire flood protection schemes making progress

New Civil Engineer

North Ayrshire Council has reported that its three major flood protection schemes, including the £48M Millport Flood Protection Scheme, remain “on track”. The post Three multi-million pound North Ayrshire flood protection schemes making progress appeared first on New Civil Engineer.

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Harness safety with 3M fall protection solutions

Roads Online

Material provided by Motion Australia When it comes to the safety of workers in the civil construction and earthworks industry, there’s no room for compromise. That’s why 3M is proud to offer a comprehensive range of fall protection equipment designed to keep workers secure at all times. With cutting-edge technology and a commitment to safety, 3M provides reliable solutions that ensure peace of mind on any job site. 3M understands the importance of solid anchorage points in any fall protection

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EDF extend outages of four UK nuclear reactors for continued steam valve inspections

New Civil Engineer

EDF Energy has extended the outages of the two nuclear reactors at Heysham 1 and two at Hartlepool to conduct steam valve inspections. The post EDF extend outages of four UK nuclear reactors for continued steam valve inspections appeared first on New Civil Engineer.