Wolseley plc announced today that a process to identify a joint venture partner for Raleigh, NC based Stock Building Supply is underway. A number of third parties have recently expressed an interest in the possibility of acquiring all or part of the Stock business.

Up to 45 per cent of the construction workforce in the United Arab Emirates could be laid off, with thousands already having lost their jobs due to the global financial crisis, a report says.

A construction crane has collapsed onto a building on the Upper East Side of New York City, killing one.

URS and Washington Group Acquisition Combines Leaders in Engineering, Construction and Management Services to Create Diversified "Single Source" E&C Company. Combined 2006 Revenues of URS and Washington Group was $7.6 Billion, More Than 54,000 Employees and Strong Position in High Growth Power and Infrastructure Sectors

Turkey's construction boom is continuing, with the area and value of buildings and the number of dwelling units up by 9.6 percent, 31.4 percent and 4.1 percent respectively last year, according to recently released figures in Turkey.