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Construction News

Construction news continually updated from thousands of sources around the net.

2 hrs ago | Ledger-Enquirer.com

Greenfield plant plans $5M upgrade

Kennametal Inc. plans to invest $3.4 million immediately on upgrades to the plant, equipment and machinery, as well as another $1.25 million over the next four years.

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Related Topix: Kennametal, Manufacturing, Industrial Machines, Latrobe, PA

4 hrs ago | Reuters

UPDATE 3-Caterpillar posts higher 2nd-quarter profit; sales fall

Caterpillar Inc reported higher-than-expected second-quarter earnings on Thursday but said sales fell as a continued slump in the global mining industry offset a rebound in the North American building sector.

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Related Topix: Manufacturing, Insurance, Caterpillar, Peoria, IL

Thu Jul 24, 2014

Reuters

Sluggish Latin American results show risks for U.S. companies

U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth.

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Related Topix: Manufacturing, 3M, Chemicals, Insurance, Caterpillar, Champaign, IL

Business Journal

Big drop in U.S. home sales takes the wind out of Meritage, home builder stocks

Meritage Homes posted 15 percent earnings growth in the second quarter compared with a year ago but the Scottsdale-based home builder's stock took a hit Thursday morning with a big drop in new U.S. home sales.

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Related Topix: Meritage Corporation, Housing, Financial Markets

Business Journal

'An ironic choice:' Bellevue site chosen for new light rail yard

Sound Transit already owns the old International Paper plant property on 120th Ave. NE in Bellevue that will become the location of a controversial Sound Transit rail maintenance yard.

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Related Topix: Paper, International Paper

Business Journal

Lennar looks to build 395-unit Tempe apartment complex east of ASU

Big national home builder Lennar Corp. continues its push into the local multifamily marketplace.

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Related Topix: Lennar, Tempe, AZ, Arizona State University

Business Journal

Coventry Homes raising roofs again in S.A.

Houston-based McGuyer Homebuilders Inc. has announced plans to build product in several new subdivisions in the greater San Antonio market.

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Related Topix: McGuyer Homebuilders

Daily Journal

PulteGroup 2Q profit climbs 15 percent

PulteGroup Inc. on Thursday reported profit that rose by 15 percent in its second quarter, and fell short of analysts' expectations.

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Related Topix: Pulte, Bloomfield Hills, MI

Business Journal

PulteGroup Q2 profit jumps 15%

The Atlanta-based homebuilder benefitted from the improving housing market in the second quarter, posting a 15 percent gain in profit.

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Related Topix: Pulte

Beverley Today

Students get work through A 22 million bypass scheme

Students who are learning their trade as part of the construction of East Riding of Yorkshire Council's 22million Beverley Integrated Transport Plan have secured job offers before they have even finished their studies.

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Related Topix: East Riding of Yorkshire County, England, United Kingdom,

The Moultrie News

Lennar names Jason Byham new President of Coastal Carolina Division

Lennar Homes, one of the nation's leading homebuilders, is pleased to announce that Jason Byham has been named Coastal Carolinas Division President.

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Related Topix: Lennar, Marketing, Myrtle Beach, SC

Nashville Scene

The horsey set and a casino-equipment inventor hit the jackpot in...

June was a solid month for real estate overall. The area saw a 9.3 percent bump in sales over the same month in 2013, ending a streak of either anemic growth or downright shrinkage.

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Related Topix: Best of 2007, Nashville, TN, Brentwood, TN, Retail, Tractor Supply, Murfreesboro, TN

Wed Jul 23, 2014

Daily Pennsylvanian

PennDesign Dean accepts extended term

During her term as dean, Marilyn Taylor oversaw the 13 percent growth of the student body and the 20 percent growth of the standing faculty at PennDesign.

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Related Topix: University of Pennsylvania, Skidmore Owings and Merrill, Architecture

The Washington Post

Buffett Faces End of $255 Million a Year From Dow Chemical

Dow Chemical Co. shares rallied past $53.72 today for the first time in nine years.

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Related Topix: Rubber-Plastics, Manufacturing, Dow Chemical, Chemicals, Berkshire Hathaway, Investment Services, Rohm and Haas, Goldman Sachs, Financial Services, Midland, MI

Patch.com

Town of Chevy Chase Questions Purple Line Ridership Numbers

Questioning the validity of Purple Line ridership estimates, the Town of Chevy Chase voted at its July 9 council meeting to formally submit a Maryland Public Information Act request to the state asking for the methodology and models used to develop ridership estimates for the proposed $2.37 billion light rail system.

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Related Topix: Maryland, Parsons Brinckerhoff, Architecture

Business Journal

Private equity firm buys majority stake in Reed Construction Data

Warburg Pincus LLC acquired a 51 percent stake in the Norcross, Ga.-based Reed Construction Data, which is an information services provider to the construction industry.

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Related Topix: Startups, Warburg Pincus, Gwinnett County, GA, Norcross, GA

McGraw-Hill Construction

ENR Editor-in-Chief Janice Tuchman Wins Construction Industry...

July 23, 2014 - McGraw-Hill Construction's ENR , the primary trusted source of news, analysis, commentary, and data for the construction industry, today announced that the publication's editor-in-chief, Janice Tuchman, has received the 2014 Carroll H. Dunn Award from the Construction Industry Institute .

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Related Topix: Indianapolis, IN

Freshnews

AECOM to announce fiscal year 2014 third-quarter results on Aug. 5

AECOM Technology Corporation , the world's #1-ranked engineering design firm, will hold a conference call with analysts and investors on Aug. 5 to discuss third-quarter 2014 financial results.

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Related Topix: AECOM Technology, Architecture

San Gabriel Valley Tribune

Environmental concerns over oil-by-rail project could impact California gas prices

An oil-by-rail project that could lower California gas prices and reduce the state's reliance on foreign oil is facing increasing opposition over environmental concerns.

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Related Topix: Tesoro, Boat Disaster, San Francisco County, CA, San Francisco, CA

Tue Jul 22, 2014

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

Bjorgen recibira el premio... American Business Bank Announces Its Results for the Second Quarter Ended June 30th 2014, Including 12% Loan Growth and 11% Deposit Growth over 2013's Second Quarter )--AMERICAN BUSINESS BANK today reported net income of $3,043,000 for the second quarter of 2014.

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Related Topix: Manufacturing, Industrial Machines, Manitowoc Company, Abraxas

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