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Keyword: construction

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  • Construction begins on new fuel pipeline at Southwest Asia base

    03/22/2010 6:25:15 PM PDT · by SandRat · 188+ views
    Air Force News ^ | Master Sgt. Scott T. Sturkol, USAF
    /22/2010 - SOUTHWEST ASIA (AFNS) -- Construction on a new 2.7-mile pipeline to bolster ground refueling operations for the 380th Air Expeditionary Wing began March 17 at a non-disclosed base here. The $5.7 million project calls for the construction of an above-ground 8-inch carbon steel pipeline from the existing tanker truck offload facility to the bulk storage fuels area operated by the 380th Logistics Readiness Squadron Fuels Management Flight staff. Capt. Timothy Frank, from the 380th Expeditionary Civil Engineer Squadron who helped coordinate the project, said it was awarded with 2009 military construction supplemental funds. This pipeline improvement is the...
  • Construction Unemployment Rate Hits 27.1% as Another 64,000 Construction Workers Lost Jobs in 2/2010

    03/15/2010 5:12:38 AM PDT · by thackney · 45 replies · 1,075+ views
    The construction unemployment rate jumped to 27.1% and construction employment dropped to a 14-year low as another 64,000 construction workers lost jobs in February, according to federal employment figures released recently. The industry's job losses in February were consistent with the prior six months and not mainly attributable to exceptionally bad weather, according to Ken Simonson, chief economist for The Associated General Contractors of America (AGC), Arlington, Va. Simonson added that construction unemployment is at the highest level recorded since the federal government began making the data available in 1976. And he noted that non-residential construction experienced significantly more job...
  • 1,600 housing units in east Jerusalem approved

    03/09/2010 8:56:22 AM PST · by anotherview · 16 replies · 243+ views
    Yediot Ahranot (YNet) ^ | 9 March 2010 | Ronen Medzini
    1,600 housing units in east J'lem approved Interior Ministry's District Committee for Planning and Construction approves expansion in Ramat Shlomo neighborhood, located beyond Green Line while US Vice President Joe Biden in Jerusalem to promote peace talks with Palestinians. Ministry source says timing coincidental Ronen Medzini Published: 03.09.10, 18:13 / Israel News US Vice President Joe Biden is in the region to reignite the peace process, but the Interior Ministry seems unmoved by the political statements made and on Tuesday approved the addition of 1,600 housing units in the east Jerusalem neighborhood of Ramat Shlomo, which is located beyond the...
  • Construction ahead: Trees hauled from White House

    02/21/2010 11:02:41 AM PST · by NohSpinZone · 56 replies · 2,031+ views
    Washington Post ^ | February 20, 2010 | Associated Press
    WASHINGTON -- On an otherwise quiet Saturday at the White House, there was quite a sight along the driveway: the careful unearthing of two trees to make way for some construction underneath the front lawn. People walking along Pennsylvania Avenue saw two enormous cranes stationed just outside the West Wing. One crane lifted away a sugar maple tree that had been planted by President Ronald Reagan in 1984. And then a large linden tree, planted by the National Park Service in 1979, was also hauled out of the ground.
  • Construction Industry Opposes Obama Pro-Union Order

    02/12/2010 3:36:25 AM PST · by Man50D · 8 replies · 643+ views ^ | February 12, 2010 | Fred Lucas
    A federal commission has yet to enact a year-old executive order that President Barack Obama thinks will avoid labor unrest but one that critics say discriminates against non-union companies and non-union workers in federal contracting. The construction industry, one of the hardest hit industries from the economic downturn, is speaking out against enactment of the executive order. While unemployment is 9.7 percent nationwide, it is 18.7 percent in the construction industry. Brett McMahon, vice president of the Miller & Long concrete construction firm in Bethesda, Md., said the company is anxious over what will happen if the executive order is...
  • Unemployed Construction Workers Trained For "Green Jobs"

    01/23/2010 7:51:26 AM PST · by Son House · 39 replies · 1,116+ views
    KESQ News Channel 3 ^ | Jan 20, 2010 | By Nathan Baca
    PALM SPRINGS - Unemployed construction workers may be able to get some new jobs fixing windmills and solar panels. College of the Desert opened their new energy training center Wednesday morning. This lonely building near Gene Autry south of Interstate 10 is the future of the Desert's energy industry. Somebody has to train the workers who will fix the increasing numbers of windmills and solar panels here. The College of the Desert is stepping in, opening new classrooms paid by federal stimulus dollars. Larry McLaughlin with College of the Desert says, "East of us in Riverside County, there's going to...
  • RED HORSE Airmen construct new facilities

    01/22/2010 4:40:01 PM PST · by SandRat · 2 replies · 249+ views
    Air Force News ^ | Airman 1st Class Allison M. Boehm, USAF
    1/21/2010 - JOINT BASE BALAD, Iraq (AFNS) -- The 557th Expeditionary Rapid Engineer Deployable Heavy Operations Repair Squadron of Engineers recently constructed three buildings outside of Joint Base Balad in two months in support of the responsible drawdown of U.S. servicemembers from Iraq. The team of 26 RED HORSE Airmen constructed a badging office that will be used by U.S security forces along with Ugandan security, a security station that will serve both U.S. military and Iraqi police and a medical training facility that will be used by U.S. military and Iraqi civilians. The effort was geared toward helping build...
  • Jobs, Jobs, Jobs

    01/15/2010 3:32:32 AM PST · by Scanian · 1 replies · 218+ views
    The American Thinker ^ | January 15, 2010 | Howard Richman, Raymond Richman, and Jesse Richman
    The economic news for January has been dominated by disappointing employment news released on January 8 by the U.S. Bureau of Labor Statistics. Total non-farm payroll employment edged down by 85,000 in December from November, led by a loss of 57,000 construction jobs and 27,000 manufacturing jobs. Public dissatisfaction with the Obama administration's handling of the economy has been following employment levels down. A few days later, on January 12, the U.S. Department of Commerce reported that the trade deficit rose 9.7 percent in November. The media ignored the relationship of the trade deficits to the lost manufacturing jobs.
  • U.S. Soldiers Assist Iraqi Construction Projects

    01/08/2010 3:48:35 PM PST · by SandRat · 3 replies · 213+ views
    American Forces Press Service ^ | Spc. Brian Johnson, USA
    BAGHDAD, Jan. 8, 2010 – Because their work contributes to reconstruction efforts, generates business and promotes growth, local contractors are a key component of the rebuilding process in Iraq. Army 1st Lt. Adam Stickley, right, holds up a tile for Army Sgt. 1st Class Kyle Markel to photograph during construction of new rooms by local contractors at a school west of Baghdad Jan. 4, 2010. U.S. Army photo by Spc. Brian Johnson  (Click photo for screen-resolution image);high-resolution image available. And, U.S. soldiers assigned to the 16th Engineer Brigade’s survey and design team offer Iraqi contractors quality-control and assurance measures that ensure...
  • The Price Of Construction Materials Is About To Soar

    01/08/2010 7:43:12 AM PST · by blam · 27 replies · 1,397+ views
    The Market Oracle ^ | 1-8-2010 | Daily Wealth
    The Price Of Construction Materials Is About To Soar Commodities / Investing 2010 Jan 08, 2010 - 01:46 AM By: DailyWealth Tom Dyson writes: If you want to know what's going on in the economy, you need to watch the price of lumber... Housing is the most important asset class in America. When house prices fall, banks fail, consumers cut back, unemployment rises, and the economy collapses. But when house prices are strong, the economy rebounds. In other words, the U.S. real estate market is the main pivot in the whole economic mess we're in right now. If you can...
  • Last minute Healthcare Amendment addition singles out Construction Firms.

    12/24/2009 6:39:26 AM PST · by formy3children · 103 replies · 2,898+ views
    Albuquerque Journal ^ | December 24, 2009 | Rivkela Brodsky
    <p>U.S. Sen. Jeff Merkley, D-Ore., apparently persuaded Senate Majority Leader Harry Reid to add a provision to force construction businesses of five or more employees to provide insurance coverage or face hefty fines.</p>
  • Toll Bros. loses $111 million in Q4, but sees hope [construction]

    12/03/2009 9:29:10 AM PST · by smokingfrog · 7 replies · 388+ views
    one news now ^ | Dec. 3, 2009 | unattributed
    Toll Brothers Inc. lost $111.4 million in the fiscal fourth quarter, but the luxury homebuilder is seeing signs of a turnaround in the housing market. Toll Brothers Inc. lost $111.4 million in the fiscal fourth quarter, but the luxury homebuilder is seeing signs of a turnaround in the housing market. The company's loss of 68 cents a share was largely due to continued write downs on the value of its land holdings and staff reductions. Excluding those charges, the builder almost broke even. In the year-ago quarter, which included a larger amount of write downs, Toll lost $78.8 million, or...
  • Farm Income Collapse Will Weaken Construction Recovery in the Plains States

    11/25/2009 9:36:59 AM PST · by FromLori · 10 replies · 593+ views
    Reed Construction ^ | 11/14/09 | Jim Haughey
    After soaring in 2007 and again in 2008, farm income has plunged in 2009 with little improvement expected in the next few years. A 30% drop in 2009 farm income is projected by the US Agriculture Department. Except for recession in 2002, this will drop the constant dollar value of farm income back to the level of the early 1980s when the farm crisis was headline news. The relatively strong economies and construction markets in the plains states in the last few years were due largely to soaring farm income. But these states are at a high risk of lagging...
  • China State Construction nets $100m US subway deal

    11/24/2009 7:06:47 AM PST · by John Leland 1789 · 5 replies · 501+ views
    China Daily ^ | November 24, 2009 | Liu YiYu
    China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York's Manhattan area, marking the construction giant's third order in the United States'infrastructure space this year. The contract was given to China Construction American Co, a subsidiary, the Wall Street Journal quoted a source as saying. "The new project, along with the $410-million Hamilton Bridge project and a $1.7-billion entertainmet project it won earlier this year signals China State Construction's ambition to tap the American construction market," said Li Zhirui, an industry analyst at First Capital Securities.
  • China State Construction nets $100 million US subway deal

    11/23/2009 6:34:43 PM PST · by Mr. Jeeves · 25 replies · 1,238+ views ( ^ | 11/23/2009 | Liu Yiyu
    China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York’s Manhattan area, marking the construction giant’s third order in the United States’ infrastructure space this year. The contract was given to China Construction American Co, a subsidiary, the Wall Street Journal quoted a source as saying. “The new project, along with the $410-million Hamilton Bridge project and a $1.7-billion entertainment project it won earlier this year, signals China State Construction’s ambition to tap the American construction market,” said Li Zhirui, an industry analyst at First Capital Securities....
  • US should seek rebate for Baghdad embassy work, report finds

    10/23/2009 12:51:40 PM PDT · by BGHater · 7 replies · 506+ views
    AP ^ | 23 Oct 2009
    The State Department’s internal watchdog called yesterday for officials to demand a rebate of more than $132 million from a company that built the massive US Embassy in Baghdad to make up for shoddy work. In a report, the department’s inspector general said First Kuwaiti Trading & Contracting Co. should be required to pay back roughly a quarter of the $470 million it was awarded to build the sprawling embassy. More than $730 million was spent on the embassy - the largest US diplomatic mission in the world. The report also took issue with the State Department’s oversight of work...
  • Insurers dropping Chinese drywall policies

    10/15/2009 10:50:33 PM PDT · by grey_whiskers · 17 replies · 1,207+ views
    AP via Santa Cruz Sentinel ^ | 10-15-2009 | BRIAN SKOLOFF
    WEST PALM BEACH, Fla.—James and Maria Ivory's dreams of a relaxing retirement on Florida's Gulf Coast were put on hold when they discovered their new home had been built with Chinese drywall that emits sulfuric fumes and corrodes pipes. It got worse when they asked their insurer for help—and not only was their claim denied, but they've been told their entire policy won't be renewed. Thousands of homeowners nationwide who bought new houses constructed from the defective building materials are finding their hopes dashed, their lives in limbo. And experts warn that cases like the Ivorys', in which insurers drop...
  • Roving Tradesmen Stuck in Vegas

    09/27/2009 9:40:37 AM PDT · by Saije · 13 replies · 810+ views
    Wall Street Journal ^ | 9/26/2009 | Alexandra Burzon
    Over the past 25 years, Larry Valdez has worked as an electrician in Grand Junction, Colo.; Duluth, Minn.; Salem, Ore.; and more than a dozen other places. A skilled tradesman with a union card, he could always hop from one job to the next, building a mall, a power plant or a microchip factory. Five years ago, he landed in Las Vegas as developers were breaking ground on a series of lavish hotels and casinos on the Strip. Thousands of carpenters, ironworkers, electricians, pipefitters and other tradesmen were lured here by the concrete and steel rising from the desert --...
  • Construction Employment declines in 48 states

    09/19/2009 4:37:17 PM PDT · by Military family member · 20 replies · 708+ views
    The Journal of Business ^ | Sept 19, 2009 | AGC
    Construction employment saw significant declines in all but two states this August compared to last year according to an analysis of new state-by-state employment figures released today by the federal government. The analysis, conducted by the Associated General Contractors of America, however did show that the number of states gaining construction jobs increased slightly in August compared to July 2009.
  • Construction Loans Falter, a Bad Omen for Banks

    09/06/2009 12:54:11 PM PDT · by BGHater · 19 replies · 1,503+ views
    The New York Times ^ | 04 Sep 2009 | Floyd Norris
    EVEN as the economy may be starting to recover, banks across the country are confronting a worsening outlook for their construction loans, an area that boomed for much of the decade. Reports filed by banks with the Federal Deposit Insurance Corporation indicate that at the end of June about one-sixth of all construction loans were in trouble. With more than half a trillion dollars in such loans outstanding, that represents a source of major losses for banks. Construction loans were highly attractive in recent years for many banks, particularly smaller ones without a national presence. One reason was that other...