Author: Admin
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6 contech firms raise combined $110M
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Construction tech solutions that allow builders to either compile data into a singular platform or project it onto a jobsite to ease layout were winners in the latest, $110 million round of venture capital funding. That number…
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Terex to Sell Tower and Rough Terrain Crane Businesses to Raimondi
Terex Corp. has signed an agreement to sell its Tower and Rough Terrain Crane businesses to Raimondi Cranes SpA, a Milan-based crane manufacturer. The deal includes Terex’s Tower Cranes facility in Fontanafredda, Italy; its Rough Terrain Cranes facility in Crespellano, Italy; and its North America Cranes service and support center in Wilmington, North Carolina. The…
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Builder fined after boy’s skull fractured by falling pipe
A construction company and its director have been fined after a five-year-old child was injured by a falling cast-iron pipe. The incident happened on 20 July 2021 when Sage Homes Ltd was carrying out work on an extension to a house in Totton, near a local primary school. A cast-iron pipe fell onto a passing…
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California set to allow denser housing by transit
California is poised to approve legislation that will make it legal to build more multifamily housing near the highest-capacity transit stops across the state, regardless of local zoning restrictions. The California Legislature voted 21 to 8 on Friday to pass SB 79, the Abundant & Affordable Homes Near Transit Act, which now heads to Gov.…
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Backlog slips as small construction firms lose ground
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog fell to 8.5 months in August, down from 8.8 months in July, according to an Associated Builders and Contractors survey conducted Aug. 20 to Sept. 3. Contractors with under $30 million in annual…
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Backlog slips as small construction firms lose ground
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog fell to 8.5 months in August, down from 8.8 months in July, according to an Associated Builders and Contractors survey conducted Aug. 20 to Sept. 3. Contractors with under $30 million in annual…
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The seven keys to unlocking productivity improvements
Katy Dowding, Skanska UK president and CEO, and CPT project sponsor, said: “This paper builds on the CPT’s work since 2019, where clients, consultants, contractors and the supply chain collaborate to boost industry growth and improve safety and quality through better productivity. Like the earlier seven-step framework and the Private Sector Playbook, it offers practical…
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Workplace wellbeing report highlights major perception gap
Larger companies, with 250 or more employees, were the strongest supporters of legally binding obligations (36%), while small companies, employing 10 to 49 staff, placed the strongest emphasis on tax incentives or financial subsidies for wellbeing programmes (35%), as did micro-business whose highest priority was also tax incentives or subsidies (29%). View the original article…
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Mental health campaign aims to ‘break the stigma’
A new suicide prevention campaign has been launched to help normalise therapy and encourage tradespeople to seek support. Created by construction community network On The Tools, the campaign features a series of videos under its fundraising initiative, Project 7,000: The Lost City. The initiative aims to raise awareness, address the stigma associated with mental health…
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How Contractors Can Strengthen Our Roads & Highways
Far more than just physical connections between cities, our nation’s road and bridge systems are the lifelines of our economy and daily life, enduring relentless loads, severe weather, and chemical assault. Despite their robust design, these structures are deteriorating at an alarming rate. According to the American Society of Civil Engineers, the average age of…