Industry News

Derek Cunz’s journey to the helm of Mortenson is a testament to the company’s enduring culture and commitment to its people. Having joined the Minneapolis-based firm nearly three decades ago, Cunz has traversed a path that reflects the multifaceted n

The UAE construction market is on the brink of a significant transformation, with projections indicating it will soar from a valuation of USD 66.27 billion in 2023 to an impressive USD 95.17 billion by 2029, marking a robust compound annual growth ra

Sage Geosystems and Meta Platforms are making waves in the energy sector with their recent agreement to ramp up geothermal power usage in the U.S. This partnership is more than just a corporate handshake; it’s a bold step towards addressing the surgi

In a bold move that could reshape the renewable energy landscape, Chinese investors from Shanghai Oriental Credits Industrial Development Co., Ltd. are set to launch pioneering projects in Uzbekistan’s Fergana region. This development follows a cruci

The recent implementation of Circular 08/2024/TT-BKHCN marks a significant shift in Vietnam’s approach to high-tech investments, setting a new standard for projects related to high-tech research and development facilities and the production of high-t

The Illinois Tollway Board has taken a significant step forward by approving the $2 billion Bridging the Future capital plan, which is set to span from 2025 to 2031. This ambitious initiative is designed to enhance the state’s transportation infrastr

In a world where the lines between healthcare and real estate are blurring, Welltower Inc. (NYSE: WELL) is not just keeping pace—it’s setting the standard. The company has carved out a niche in healthcare real estate investment, with a portfolio that

Commonwealth Fusion Systems (CFS) is making waves in the energy sector with its ambitious plans to construct what it touts as the world’s largest nuclear fusion power plant in Chesterfield County, Virginia. This 400-MW facility, named the ARC plant,

The construction landscape is shifting dramatically under the weight of automation and the relentless pursuit of higher output. Workers across logistics, manufacturing, food and beverage, and retail sectors are feeling the strain, both physically and

Sanctuary Advisors LLC’s recent acquisition of a stake in Limbach Holdings, Inc. marks a significant moment in the construction sector, especially as it reflects a broader trend of institutional interest in construction stocks. The firm picked up 3,4