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 billion in the United States and $6.4 billion in Canada. The latest forecast is ARA’s first to project rental revenue for 2023. Details on the current figures here. 

For the architecture, engineering and construction industry, 2018 was a banner year where mergers and acquisitions were concerned.

With the government set to continue to invest in the development of the country’s infrastructure, particularly its transport networks, Singapore will remain a world leader in terms of the quality of its infrastructure, says GlobalData. Details here. 

Global infrastructure construction is forecast to grow by 4.8% on an annual average basis in real terms between 2019 and 2023. Details of the study and Trump's contribution here. 

The United States Department of Labor’s (DOL) Occupational Safety and Health Administration (OSHA) is requesting information and comment on Table 1 of the agency’s Respirable Crystalline Silica Standard for Construction. Details here. 

The infrastructure award will complete the first 9-mile segment to Pomona for $805.6 million with an option to extend to Montclair if additional funding is secured by September 2021. 

Fluor Corporation has announced tthat its joint venture with United Infrastructure Group Inc. was selected by the North Carolina Department of Transportation (NCDOT) to widen and improve a 7.5-mile stretch of Interstate 26 from Exit 40 (North Carolina 280/Airport Road) to the I-40 interchange in Asheville, North Carolina. Fluor will book the $263 million contract in the third quarter of 2019. Details here. 

Birmingham, Alabama (Aug. 15, 2019)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.