Industry News

In a sobering report that underscores the urgent need for infrastructure reform, the Texas chapter of the American Society of Civil Engineers (ASCE) has given the state’s infrastructure an overall grade of ‘C’ for 2023. This mediocre rating signals t

In the dynamic landscape of the construction industry, a tectonic shift is underway, driven by an unlikely player: artificial intelligence. Once relegated to the realm of science fiction, AI is now transforming every sector it touches, from healthcar

In an unprecedented twist, the US construction industry faces a conundrum: Federal Reserve rate cuts aren’t translating into lower borrowing costs. Since September 2024, the Federal Reserve has slashed the policy interest rate by 100 basis points, ye

Evonik has boldly stepped into the burgeoning green hydrogen economy with the commencement of a pilot manufacturing plant for anion exchange membranes (AEM) in Marl, Germany. This strategic move aligns with the company’s vision to pioneer membranes a

Investors are signaling a renewed focus on the contech ecosystem, even as total funding dipped in 2024. According to BuiltWorlds’ Annual Venture & Investment Report, the sector saw $14.9 billion in investments last year, marking a 22% decrease from t

In the wake of Britain’s stumbling efforts to domestically manufacture electric vehicle batteries, a new startup is taking a different approach. Coventry-based Volklec has inked a deal to license technology from Far East Battery (FEB), a well-establi

In a bold move that could reshape the construction landscape, New Mexico has inked a deal with BorderPlex Digital Assets, positioning itself as a pioneer in digital infrastructure. This isn’t just about laying down fiber optics; it’s about integratin

In the heart of Kyiv, a powerful narrative is unfolding. The Ukrainian Construction and Investment Congress 2025 is not just an event; it’s a catalyst for economic resurgence, a beacon for international investors, and a testament to Ukraine’s resilie

In the wake of the 2024 ISG collapse, the construction industry is once again grappling with the harsh reality that cash flow mismanagement can topple even the most established players. The domino effect of ISG’s insolvency has left suppliers and sub

Apple’s half-trillion-dollar U.S. investment reveals a strategic dance with geopolitics, underscoring a seismic shift in the construction industry’s trajectory towards sustainability and tech integration.

In a bold move, Apple CEO Tim Cook has pledg