construction industry

Stock Building Supply May Be Sold Or Partnered

Armen Hareyan — Fri, 06 Mar 2009 13:36:26 -0600

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.

Dubai's construction hit hard by economic slowdown

Armen Hareyan — Wed, 24 Dec 2008 09:59:42 -0600

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.

NYC Construction Crane Collapse Kills Several

Armen Hareyan — Fri, 30 May 2008 08:40:12 -0500

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

URS To Acquire Washington Group International For $2.6 Billion In Cash and Stock

Armen Hareyan — Mon, 28 May 2007 18:59:06 -0500

URS and Washington Group Acquisition Combines Leaders in Engineering, Construction and Management Services to Create Diversified "Single Source"Â 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 Construction growth continues apace

Armen Hareyan — Tue, 27 Mar 2007 22:24:16 -0500

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.

US Housing Slump May Persist for Several More Months

Dinka — Thu, 11 Jan 2007 10:40:53 -0600