ARLINGTON, Va. (Aug. 12, 2021) — Extreme price increases continued in July for a wide range of goods and services used in construction, according to an analysis by the Associated General Contractors of America (AGC) of government data. Association officials urged President Biden to immediately end tariffs and quotas on steel, aluminum, lumber and other essential construction items to help stave off inflationary pressure in the construction industry.

GREELEY, Colo. (Aug 9, 2021) — The Hensel Phelps board of directors has announced the addition of Hydro Construction to Hensel Phelps. Based in Fort Collins, Colorado, Hydro Construction specializes in the construction of water and wastewater treatment facilities and related projects.

WASHINGTON (Aug. 2, 2021) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator remained unchanged at 8.5 months in July, according to an ABC member survey conducted July 20-Aug. 2, up 0.7 months from July 2020.

WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in new infrastructure investments and, according to a White House fact sheet, will supply approximately 2 million jobs per year over the next decade.

MOUNTAIN VIEW, Calif. (Aug. 4, 2021) — Egnyte has published a research report that analyzes reported ransomware incidents among its architecture, engineering and construction (AEC) industry customers.

MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc., one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cash on hand and existing debt availability.