Construction costs continue to rise amid inflationary pressures and wage growth
North America's construction faces major labor shortages, with a 500,000-worker shortfall pushing wages and construction costs higher.
News
DOE focuses on states with poor energy-efficiency codes in this round of federal funding
The DOE awards $90 million for states to upgrade energy codes in commercial and residential buildings as part of Biden's Admin Investing in America agenda.
Hilti awarded grant for robotic drilling arm
Hilti's new grant will support their robotic drilling arm in enhancing construction efficiency and safety when drilling holes.
Ontario’s $73M boost to accelerate Gardiner Expressway construction
Ontario’s $73M investment speeds up Gardiner Expressway construction, moving the completion date to 2026 and reducing Toronto’s traffic congestion.
Construction backlog decreases in August
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.
Ontario to build training center for 50,000 new workers
The new $26 million training center at LiUNA 183’s skilled trades training campus in Vaughan will support over one million workers across Ontario.
O&G Industries and Tutor Perini $1.3B contract for Connecticut River Bridge Replacement project is underway
The new bridge, estimated to be completed in 2031, will feature modern track, power, and safety infrastructure and a 55% increase in max operating speeds.
Real estate developer Tarragon announces planned community in South Hill, Washington
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…
Ground breaks on $573 million Terrell State Hospital
Construction on the $573 million Terrell State Hospital began on August 28, 2024, and is expected to be completed in late 2027.
Bird Construction secures $575 million in contracts across key Canadian sectors
Bird Construction lands major projects, including work on a $6.5B net-zero petrochemical plant and a 370MW power station, expanding its industry impact.
Construction employment down by 45,000 jobs
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.
$2.9B San Francisco airport renos kick off
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…
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