In The News

WSP announces acquisition of Power Engineers Inc. for $1.78B as part of their Global Strategic Action Plan strategy. The transaction is set to close in Q4 2024.

HEVI announces their partnership with Lonking Holdings Ltd. which is aimed to “revolutionize the heavy machinery industry” in the United States market. 

The new Pennsylvania bill allows construction and maintenance vehicles to display green lights to reduce work zone accidents.

Construction Suicide Prevention Week is September 9-13 to raise awareness about the alarming mental health challenges the industry faces.

Google’s $2B Fort Wayne data center will create 200 jobs, enhance the local grid with clean energy, and support Google’s 24/7 renewable energy goals by 2030.

High interest rates have stalled building projects since 2022. Future rate cuts may ease pressure, but delays and cancellations persist.

A global investment firm and a home builder recently announced a joint venture to bank residential land in high-demand U.S. markets.

Maryland doubles work zone speeding fines to improve safety, responding to a fatal I-695 accident. Fines can now reach up to $1,000 to deter dangerous driving.

Aging infrastructure, booming population growth, and a rapidly retiring workforce spell labor woes in Alberta.

Tutor Perini landed a $48.6 million renovation contract for Alcatraz that’ll make it safe for the more than one million annual visitors.