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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 utilities in more than 20 communities bolster their climate change resilience and readiness. “Climate change…

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…

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,…

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…

Infrastructure Revival Could Provide Investment Opportunities in Construction and Related Industries

October 28, 2014 - in Construction, Financial

NEW YORK and LONDON, Oct. 27, 2014 —Engineering and construction are likely to be attractive areas for investors as a revival in infrastructure spending accelerates over the next decade, according to a white paper from The Boston Company Asset Management…

FAA Awards $10.2 Million in Environmental Grant to Airports

October 27, 2014 - in Financial, Maintenance, Transportation

WASHINGTON, D.C., Oct. 24, 2014—U.S. Transportation Secretary Anthony Foxx recently awarded $10.2 million in Federal Aviation Administration (FAA) grants to six airports around the country to reduce emissions and improve air quality through the FAA’s Voluntary…