In The News

Construction backlog fell to 7.8 months in August, down from 8.9 in July, with contractors citing reduced project demand and supply chain issues.

The new $26 million training center at LiUNA 183’s skilled trades training campus in Vaughan will support over one million workers across Ontario.

The Uplands development will include 1000 homes on 320 acres, with construction on the first 155 houses expected to begin in the fourth quarter of 2024.

The multi-phase 1901 Project development will span ten years, break ground in spring 2025, and create 63,000 construction jobs.

Construction on the $573 million Terrell State Hospital began on August 28, 2024, and is expected to be completed in late 2027.

Bird Construction lands major projects, including work on a $6.5B net-zero petrochemical plant and a 370MW power station, expanding its industry impact.

After an overestimation by the U.S. Bureau of Labor Stats, the construction industry sees a decline in estimated employment by 0.6% or 45,000 jobs.

San Francisco International Airport (SFO) has launched a major project to modernize the western half of Terminal 3, marking a significant step in enhancing the airport’s infrastructure and services. The $2.6 billion Terminal 3 West Modernization project aims to renovate 650,000 square feet of space while adding 200,000 square feet of new facilities, including expanded…

The program initially includes six top employees, each selected for their exceptional contributions and leadership within the company.

Q2 pipeline growth reached 9% with upper midscale leading most segments and extended stay remaining strong. Pipeline growth is expected to continue from here.