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Home » Topics » Business » Companies

Companies
Companies RSS Feed RSS

3Q Cost Report Labor
Labor

3Q 2024 Cost Report: Pay Hikes for Craftworkers Continue Amid Labor Shortage

Bruce Buckley
September 25, 2024
No Comments

Union and open-shop employers alike continue to see wage increases in 2024.


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Construction Industry Confidence Index
Confidence Index

3Q 2024 Cost Report: Construction Exec Confidence Largely Unchanged

Jonathan Keller
Jonathan Keller
September 25, 2024
No Comments

Although CFMA CFOs see a brighter outlook for 2025.


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3QCR_ECONOMICS_web_900x550.jpg
Economics

3Q 2024 Cost Report: Rate Cuts Expected to Spur Construction Activity in 2025

Alisa Zevin
Alisa Zevin
September 25, 2024
No Comments

High labor costs will persist while other costs begin to decline.


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LAKECHARLES.LNO copy.jpg
Energy Construction

KBR and Technip Picked for Big Louisiana Gas Terminal EPC Contract

Debra K. Rubin
Debra K. Rubin
September 25, 2024
No Comments

When completed, the three-train terminal would be one of the largest in the U.S., with a capacity of about 16.5 million tons per year, according to developer Energy Transfer.


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Coastal GasLink 3.jpg
Natural Gas Construction

New TC Energy $11B Canada Gas Line Fined $1M for Site Erosion

Doug Puppel
Debra K. Rubin
Debra K. Rubin
September 20, 2024
No Comments

Project co-owner says it "has been fully and consistently compliant" with requirements as 670-km gas pipeline is set to soon start commercial scale operation.


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$570-million US 69 project in Kansas

ENR Top 400 Sourcebook: Firms Feel Pinch for Profitability

Contractor revenue rises, but firms say higher risks and longer lead times are driving more investment in preconstruction
Emell Adolphus
Emell D. Adolphus
Jonathan Keller
Jonathan Keller
September 19, 2024
No Comments

For the second consecutive year, Top 400 revenue has increased by a double-digit percentage—rising 13.9% to $556.9 billion from $488.98 billion last year while median firm revenue is also up 10.9% to $629.5 million.


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oil and gas wells
Oil and Gas

2024 Top 400 Sourcebook: Orphan Well Cleanup Gets $775M From Feds

US Interior Dept. advances new round of funds to 21 energy producing states
Doug Puppel
Debra K. Rubin
Debra K. Rubin
September 19, 2024
No Comments

Also— read why Texas LNG terminal wants U.S. to okay more time to finish the $11B three-train megaproject. 


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_STORY-1USE.jpg
Power

2024 Top 400 Sourcebook: Mississippi Builds First Big Solar-Storage Complex

Tech giant Meta also to gain power from 550-MW project to support two data centers under deal with utility TVA
Jim Parsons
Debra K. Rubin
Debra K. Rubin
September 19, 2024
No Comments

Also—China propelled global tension over growing size of its offshore wind turbines with the late August launch of a 20-MW capacity model in Hainan near Vietnam announced by domestic producer Mingyang Wind Power Group Ltd. and the firm's plan to build a factory in Italy.



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Panasonic vehicle battery plant
Manufacturing

2024 Top 400 Sourcebook: EV Battery Plant Nears Production Start

Turner and Yates are building Panasonic Energy's $4-billion Kansas facility
James-Leggate.jpg
James Leggate
September 19, 2024
No Comments

Panasonic Energy Co.’s $4B electric vehicle battery plant in De Soto, Kan., is taking shape with the aim of beginning production early next year.


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North City Pure Water Facility
Environmental

2024 Top 400 Sourcebook: Recycling Water Grows in the Age of Drought

San Diego makes progress on a major drinking water purification program
Corinne Grinapol
Corinne Grinapol
September 19, 2024
No Comments

Shimmick Construction Co. is general contractor under a $373.8-million design-bid-build contract for San Diego's North City Pure Water Facility and Pump Station—a 30-million-gallon-per-day plant that is part of the Pure Water San Diego Program.


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