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Canada Announces New Investments in Infrastructure

November 26, 2014 - in Financial, Transportation

Building on the Government’s historic infrastructure investments, including under the New Building Canada Plan, Prime Minister Stephen Harper today announced new investments that will continue to build and renew infrastructure and on-reserve schools across…

Pace of Demand Slows Slightly, but Positive Outlook for Architecture Billings Index Continues

November 20, 2014 - in Analysis, Design/Engineering, Financial

Washington, D.C., Nov. 19, 2014—Headed by the continued strength in the multi-family residential market and the emerging growth for institutional projects,…

EPA to Assist Water Utilities in Bolstering Climate Resilience and Readiness

November 19, 2014 - in Financial, Maintenance, Water

WASHINGTON, Nov. 19, 2014 – The U.S. Environmental Protection Agency is providing up to $600,000 in training and technical assistance to help water…

Panda Power Funds Secures Financing for 778 MW Virginia Power Project

November 18, 2014 - in Construction, Electric Grid, Energy, Financial

Panda Power Funds has successfully financed its 778 MW combined-cycle power plant located in an industrial-zoned area of Loudoun County, Virginia. When commissioned, the natural gas-fueled Panda Stonewall generating station will be able to supply the power…

Transportation Commission Awards Nearly $35 Million in Highway Contracts

November 17, 2014 - in Financial, Maintenance, Roads, Transportation

Contracts totaling $34.9 million for six highway projects around the state, including two to be funded with revenue from the 10-cent fuel tax increase, were awarded by the Wyoming Transportation Commission during its November meeting in Cheyenne. Malcolm Drilling…

Virginia Adopts Revised $13.2 Billion Transportation Program

November 13, 2014 - in Construction, Financial, Roads, Transportation

The Commonwealth Transportation Board (CTB) adjusted the FY 2015-2020 Six-Year Improvement Program today in part to identify a group of projects that will be scored under House Bill 2. The new law requires projects to be scored using a consistent and objective…

Fifty-six Pennsylvania Projects Receive Federal Funds to Improve Transportation Alternatives

November 12, 2014 - in Construction, Financial, Transportation

HARRISBURG, Pa., Nov. 11, 2014—Fifty-six projects to improve transportation alternatives are in line for $33 million in federal funds, PennDOT Secretary Barry J. Schoch announced today. Transportation alternative projects enhance pedestrian and bicycle facilities,…

Autodesk Announces $100 Million 3D Printing Investment Program

October 30, 2014 - in Design/Engineering, Financial, Modeling

SAN FRANCISCO, Oct. 30, 2014—Autodesk, Inc. (NASDAQ: ADSK) has announced that it intends to invest up to $100 million in 3D printing companies over the next several years. The Spark Investment Fund, which will be operated within Autodesk, is the first of…

Pennsylvania Investments in 12 Projects to Enhance Economic Development, Support more than 5,000 Jobs

October 29, 2014 - in Financial, Transportation

Harrisburg –PennDOT Secretary Barry J. Schoch today announced that 12 projects throughout Pennsylvania have been awarded funds totaling $19.2 million from the Governor’s Transportation Infrastructure and Investment Fund. The projects will enhance safety,…

Engineering and Construction CEOs Are Confident Amid Widespread Change

October 28, 2014 - in Analysis, Construction, Financial

According to Price, Waterhouse, Cooper's (PwC) 17th Annual Global CEO Survey, engineering and construction CEOs worry about raw material prices, capital markets and getting access to the right skills at the right price, but overall they’re still much more…