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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • USDOT Secretary Elaine L. Chao Announces $272M in ‘State of Good Repair’ Program, Granting Rail Infrastructure Funding to 10 Projects in 10 States
    The SOGR Program provides funding to repair, replace or rehabilitate publicly or Amtrak owned or controlled railroad equipment, infrastructure and facilities. The SOGR Program is intended to improve intercity passenger rail
    Read More →: USDOT Secretary Elaine L. Chao Announces $272M in ‘State of Good Repair’ Program, Granting Rail Infrastructure Funding to 10 Projects in 10 States

  • DOE Announces $13.5M for New Bioimaging Approaches in Bioenergy
    The Department of Energy aims to use quantum dots and other novel technologies, advancing bioenergy research through an effort to reengineer plants and microbes for bioenergy conversion and production. 
    Read More →: DOE Announces $13.5M for New Bioimaging Approaches in Bioenergy

  • Equipment Leasing & Finance Association Releases Survey of Economic for July
    July new business volume up 15% year-over-year, down 5% month-over-month and up 3 percent year-to-date. Details here. 
    Read More →: Equipment Leasing & Finance Association Releases Survey of Economic for July

  • AWC’s Proposed PCWP Rule Recognizes Investments in Emission Reductions
    American Wood Council (AWC) President and Chief Executive Officer Robert Glowinski issued the following statement regarding the Environmental Protection Agency’s (EPA) release of the Plywood and Composite Wood Products (PCWP) Risk and
    Read More →: AWC’s Proposed PCWP Rule Recognizes Investments in Emission Reductions

  • July Construction Starts Increase 2%
    At a seasonally adjusted annual rate of $849.6 billion, new construction starts in July advanced 2% from the previous month, according to Dodge Data & Analytics. This marked the third consecutive monthly increase
    Read More →: July Construction Starts Increase 2%

  • Expanded Lanes on I-405 Between Renton & Bellevue, WA, to be Constructed by Flatiron/Lane
    The Washington State Department of Transportation (WSDOT) has announced the award of a design-build contract to start construction on the I-405, Renton to Bellevue Widening and Express Toll Lanes project. More information here. 
    Read More →: Expanded Lanes on I-405 Between Renton & Bellevue, WA, to be Constructed by Flatiron/Lane

  • LaGuardia Airport Central Terminal Building Replacement Project Earns ‘Envision’ Platinum Award for Sustainable Infrastructure
    The LaGuardia Airport Central Terminal Building (CTB) Replacement Project is the first project to earn ‘Envision’ recognition under Envision v3’the latest iteration of the Envision sustainable infrastructure framework developed and managed
    Read More →: LaGuardia Airport Central Terminal Building Replacement Project Earns ‘Envision’ Platinum Award for Sustainable Infrastructure

  • Hino Opens New Manufacturing Facility
    Hino ushered in a new era of manufacturing capability at the company during a grand opening ceremony that was attended by West Virginia Governor Justice, Senators Manchin and Capito, Congressman McKinley,
    Read More →: Hino Opens New Manufacturing Facility

  • First Half 2019 Commercial & Multifamily Construction Starts Show Varied Pattern by Top Metropolitan Areas
    During the first half of 2019, six of the top 10 United States metropolitan markets for commercial and multifamily construction starts ranked by dollar volume registered greater activity compared to a
    Read More →: First Half 2019 Commercial & Multifamily Construction Starts Show Varied Pattern by Top Metropolitan Areas

  • Latin American Construction Market to Make Full Rebound, Expand in 2019
    The Latin American construction industry continues its recovery and will see a modest strengthening in growth in 2019 with the expectation of a more robust expansion in 2020. Details of the
    Read More →: Latin American Construction Market to Make Full Rebound, Expand in 2019

  • UCLA Engineers Receive $1.5M Grant to Make Environmentally Friendly Concrete
    A team of UCLA engineers has received a $1.5 million grant from the National Science Foundation to develop 3D-printed concretethat incorporates carbon dioxide, a greenhouse gas, as part of a binder. Details
    Read More →: UCLA Engineers Receive $1.5M Grant to Make Environmentally Friendly Concrete

  • North America Rental Revenue Expected To Exceed $71B in 2023
    The new 5-year forecast from the American Rental Association (ARA), updated in August, calls for equipment and event rental revenues in North America to surpass $71 billion in 2023, including $64.7
    Read More →: North America Rental Revenue Expected To Exceed $71B in 2023

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