At the Federal Transit Administration (FTA), our mission often involves bringing brand-new trains, buses, and infrastructure to communities looking to create a new transit system or expand a current one. However, a growing issue nationwide is a backlog of…
Great Lakes Executes $250 Million Revolving Credit Facility
OAK BROOK, Ill.- Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United…
Transportation Economic Trends Report Released
Tuesday - The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) has released Transportation Economic Trends, BTS’s first…
Turner’s Fourth Quarter Building Cost Index Reflects Strong Market Conditions
According to Turner Construction Company’s quarterly Building Cost Index, skilled labor availability is an issue for the construction industry Turner Construction Company announced that the Fourth Quarter 2016 Turner Building Cost Index—which measures…
Belgian Investment Firm Korys Invests in Swedish Renewable Energy Software Company Greenbyte
Belgian investment firm Korys, owned by the renowned Colruyt family is investing in the Swedish renewable energy software maker Greenbyte AB. Greenbyte’s software supports wind energy and solar PV owners, operators and asset managers in capturing the full…
3i Acquires Infrastructure Assets from EISER Global Infrastructure Fund
Fried Frank London is advising client 3i Group plc (“3i”), a London-based public investment firm specializing in private equity, infrastructure and debt, in its announced acquisition of a portfolio of assets from EISER Global Infrastructure Fund, including…
Hill International Agrees to Sell Construction Claims Group to Private Equity Firm Bridgepoint in $147 Million All-Cash Transaction
PHILADELPHIA and LONDON, - Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has entered into a definitive stock purchase agreement to sell its Construction Claims Group to Bridgepoint Development Capital,…
PCA Forecast Lowers 2016, 2017 Cement Consumption Estimates
WASHINGTON, D.C. – The Portland Cement Association (PCA) announced that U.S. cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year. PCA also…
Tetra Tech to Ring the NASDAQ Stock Market Opening Bell
PASADENA, Calif.- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that in celebration of the 50th anniversary of the Company’s founding and 25th anniversary as a publicly traded company, members of its management team will ring the NASDAQ Stock Market opening…
2017 Onvia Economic Forecast Report: Surge in Government Infrastructure & Tech Spend
In an environment of heightened political and economic uncertainty, Onvia provides a special report to offer clarity and insight into where the government contracting marketplace is headed in 2017. Particular attention is paid to prospects for the national…