ABC Predicts Construction Industry’s Stability for 2018Associated Builders and Contractors chief economist, Anirban Basu, predicts stability for the construction industry’s economy and expanding nonresidential construction spending in 2018.
New York/New Jersey reach funding pact for new $13B Rail Tunnel
New York and New Jersey announced Dec. 14 how they will pay for their share of an estimated $13 billion project to build a new rail tunnel under the Hudson River and other improvements, with New Jersey's outgoing governor outlining a plan that calls for progressively steeper fare hikes for train riders in his state during the next 20 years.
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Oroville Dam’s spillway expeditious emergency rebuild
How AECOM is positioning itself to lead the next generation of infrastructureAECOM is among the biggest players in the AEC space. In the past year it has made a strategic acquisition with Shimmick Construction, has launched a federal contracting division and is preparing itself to be a leader in infrastructure, in part by announcing an initiative to hire 3000 workers throughout a six-month timeframe.
Curved-Element Design Allows Rail on Floating Bridge
Seattle’s Sound Transit had a challenging problem: how to get a new light-rail line on and off a nearly 1-mile-long Interstate 90 floating bridge while protecting the rails from the constant movement of the water. A solution to transition trains safely from fixed to floating structures has now been approved after three years and $53 million in rigorous design and testing.
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The construction industry isn’t known for rapid adoption of cutting edge technologies. The benefits of drones and AI to the industry may change that, however. Computing giant NVIDIA has announced a partnership with Japanese company Komatsu, one of the world’s largest manufacturers of construction and mining equipment, to bring AI to construction worksites.
Go Build America launches a new initiative
As employers and associations across the country desperately hope for relief from ongoing labor shortages, Go Build America seeks to serve as a national rallying cry and recruitment platform for America’s construction industry.