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According to a recent report by Dodge Data & Analytics, the value of US construction starts in March has increased by 5% from February to an annual rate of $743.7 billion.Dodge chief economist Robert Murray stated that the first...
According to industry sources, the American multinational engineering firm AECOM will most likely win the main construction contract for the Spire London tower.Worth £800 million, the 67-storey tower, owned by Greenland Group and located at West India Quay in...
Hyundai Heavy Industries Co., Ltd. recently announced that its construction equipment division has been spun off into a new company called Hyundai Construction Equipment Co., Ltd.According to the executives at the parent company, this spin-off will allow them to...
Beijing authorities have placed a new restriction on property websites, banning them to overtly promote real estate investments, to suppress ballooning property prices.As it has been pointed out, the property market accounts for approximately one-fifth of China's gross domestic...
According to an industry report, Doosan Infracore has ranked 6th in the world in construction machinery sales when it consolidated sales of $5.89 billion up to this month.The report states that the South Korean company’s sales figures increased at...
The commercial construction sector in the UK expanded for the seventh consecutive month in March this year, though it was observed to be at a slow pace.According to a survey of purchasing managers, commercial construction and civil engineering activity...
The US Department of Commerce reported that the country’s construction spending in February reached the largest amount in nearly 11 years.Thanks to more homes, schools, and highways being built, construction spending increased 0.8% in the said month to...
As London pushes forward to become a high-rise city, developers are planning and constructing a record number of 455 new tall buildings.Despite economic uncertainty following the Brexit, an average of one tower per week is being constructed since 2016,...
LBX Company has introduced a new line of demolition machines that can match today’s newest equipment in their category in terms of specialty, high-reach applications.Called the Link-Belt Demolition Tool Series, this set of machines includes a full line of...

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