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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.

  • Guerdon Founders Purchase the Builder’s Assets, Form New Company
    “Modular” has become a buzzword in the industry over the past few years, and Guerdon has been one of the companies leading the charge in making off-site manufacturing an attractive, efficient, and profitable
    Read More →: Guerdon Founders Purchase the Builder’s Assets, Form New Company

  • K-Tec Earthmovers Announces Merger with Ashland Industries
    K-Tec Earthmovers Inc. (K-Tec) announced its merger with Ashland Industries (Ashland). The merger of these two earthmoving equipment manufacturing companies creates one of the largest companies in the industry. The newly merged organizations
    Read More →: K-Tec Earthmovers Announces Merger with Ashland Industries

  • Hilti Acquires Concrete Sensors
    PLANO, Texas (March 11, 2020)—Hilti has acquired substantially all of the assets of Concrete Sensors, a provider of connected (i.e., “smart”) devices, software and services that help enable improved decision making and accelerated
    Read More →: Hilti Acquires Concrete Sensors

  • What’s in the $8.3B Coronavirus Funding Package
    Last week, United States President Donald Trump signed into law an $8.3 billion funding package for the individual treatment and prevention of COVID-19. The package, Coronavirus Preparedness and Response Supplemental Appropriations Act,
    Read More →: What’s in the $8.3B Coronavirus Funding Package

  • US DOL Publishes Guide to Preparing Your Workplace for Coronavirus
    WASHINGTON—The United States Department of Labor’s (DOL) Occupational Safety and Health Administration (OSHA) has published “Guidance on Preparing Workplaces for COVID-19” to help companies respond in the event of coronavirus in
    Read More →: US DOL Publishes Guide to Preparing Your Workplace for Coronavirus

  • AECOM Hires 2 Executives for NYC-Based Team
    NEW YORK—AECOM announced the addition of two respected infrastructure executives to the company’s New York, New York-based leadership team. Tom Prendergast, with more than 25 years of experience with the city’s
    Read More →: AECOM Hires 2 Executives for NYC-Based Team

  • Tutor Perini in Talks Over Potential Acquisition
    Following several reports from media, general contractor Tutor Perini released a statement this week confirming that the it has formed a special committee of its board of directors to discuss a potential
    Read More →: Tutor Perini in Talks Over Potential Acquisition

  • WSP Global & Tutor Perini Announce Profit Results: What to Know
    Last week, contracting firms WSP Global and Tutor Perini each announced profit results in two separate earnings calls—both full year 2019 and fourth quarter results. Here’s a quick rundown of the
    Read More →: WSP Global & Tutor Perini Announce Profit Results: What to Know

  • U.S. DOL to Hold Meeting to Discuss Opioids & Suicide in Construction
    WASHINGTON, D.C. – The United States Department of Labor will hold a teleconference meeting of the Advisory Committee on Construction Safety and Health (ACCSH) Workgroups next Thursday, March 5, 2020. The Education,
    Read More →: U.S. DOL to Hold Meeting to Discuss Opioids & Suicide in Construction

  • DOT Announces $520.5M in Airport Infrastructure Grants
    Last week, United States Secretary of Transportation Elaine Chao announced that the U.S. Department of Transportation (DOT) has allotted $520.5 million to fund grants for airport infrastructure projects in 287 airports
    Read More →: DOT Announces $520.5M in Airport Infrastructure Grants

  • Construction Starts Decrease 6% in January
    NEW JERSEY (February 18, 2020)—Total construction starts slipped 6% from December to January to a seasonally adjusted annual rate of $759.2 billion. All three major categories moved lower in January—residential building
    Read More →: Construction Starts Decrease 6% in January

  • Fluor Announces Plans to Keep Government Segment, SEC Investigation
    On Tuesday, Fluor Corporation announced its financial results for fiscal year 2019 and Q4 of 2019, as well as the news that the United States Securities and Exchange Commission (SEC) is
    Read More →: Fluor Announces Plans to Keep Government Segment, SEC Investigation

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