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Indiana's Cline Ave. new toll bridge completely financed with private funds
Indiana Gov. Mitch Daniels and East Chicago Mayor Anthony Copeland announced an agreement in principle with United Bridge Partners, a team of FIGG Bridge Companies, Lane Construction Corp. and American Infrastructure MLP Funds, to build a new toll bridge entirely with private funds in the footprint of the unsafe Cline Avenue structure.
May 17, 2012 – Equipment World
Construction Backlog Declines 5.4 Percent in the First Quarter of 2012
Associated Builders and Contractors (ABC) recently released its Construction Backlog Indicator (CBI) for the first quarter of 2012. CBI declined 5.4 percent from the previous quarter, dipping from 7.8 months to 7.4 months, but is slightly higher compared to the first quarter of 2011.
May 15, 2012 – Compact Equipment
Infrastructure 2012 Report Highlights Innovative Solutions at State, Regional, Local Level
Constrained public budgets and a growing recognition at the local level of the importance of infrastructure -- combined with lack of action at the federal level -- are causing states, regions and cities across the United States to seek innovative infrastructure approaches and solutions.
May 14, 2012 – Compact Equipment
Trade Groups Team Up to Create a Drug- and Alcohol-Free Construction Industry
Five of the nation's largest construction trade associations have teamed up to form the Construction Coalition for a Drug- and Alcohol-Free Workplace (CCDAFW). The coalition's mission is to create a drug- and alcohol-free construction industry by providing companies and organizations with the resources necessary to implement drug- and alcohol-free policies into their business practices.
May 9, 2012 – Compact Equipment Online
Nonresidential construction spending down for third consecutive month
Associated Builders and Contractors (ABC) reports that total nonresidential construction spending fell for the third month in a row, declining 0.2 percent in March to a seasonally adjusted annual rate of $556.85 billion, according to the May 1 report by the U.S. Commerce Department.
May 2, 2012 – Better Roads
Construction Employment Declined in 36 States Between February and March
The momentum boosting the number of states adding construction jobs stalled in March as only 12 states and the District of Columbia added jobs since February, another 36 states lost construction jobs and employment levels remained flat in two other states, according to an analysis by the Associated General Contractors of America of Labor Department data.
May 1, 2012 – Compact Equipment
Nonresidential fixed investment drops 12% in Q1 2012
The Associated Builders and Contractors (ABC) says that nonresidential fixed investment in structures dropped 12 percent in the first quarter of 2012 following a 0.9 percent decrease in the fourth quarter of 2011, according to the April 27 Department of Commerce Gross Domestic Product (GDP) report.
April 27, 2012 – Better Roads
Private Sector Demand Fuels Construction Employment Increases in Metro Areas
Construction employment increased in 171 out of 337 metropolitan areas between February 2011 and February 2012, decreased in 119 and stayed level in 47, according to a new analysis of federal employment data released April 10 by the Associated General Contractors of America.
April 16, 2012 – Construction Equipment Guide
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