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Middle East the world’s costliest market for construction disputes

Middle East the world’s costliest market for construction disputes

by admin | Jun 1, 2016 | Constuction & Business News

The National AE reports Middle East has become the world’s costliest market for construction disputes, with fallouts between contractors and clients involving bigger cases than anywhere else in the world, according to construction consultancy Arcadis. The firm said...
Video of APPLE CAMPUS 2 June 2016 Construction Update 4K

Video of APPLE CAMPUS 2 June 2016 Construction Update 4K

by admin | May 31, 2016 | Constuction & Business News, Equipment & Construction Videos

Take an aerial tour via drone of Apple’s stunning new headquarters, Apple Campus 2 for June 2016. Recorded using a DJI Phantom 3 Professional....
U.S. drops from first to third in global competitiveness ranking

U.S. drops from first to third in global competitiveness ranking

by admin | May 31, 2016 | Constuction & Business News

According to the Washington Times here’s one more data point for Donald Trump’s argument that the U.S. “doesn’t win anymore.” The U.S. economy is no longer the most competitive and pro-business in the world, after holding the top spot for the previous three years,...
Citi Meets With Caterpillar’s CFO: Cautious China Outlook And ‘Stepped Up’ Price Competition

Citi Meets With Caterpillar’s CFO: Cautious China Outlook And ‘Stepped Up’ Price Competition

by admin | May 31, 2016 | Constuction & Business News, Manufacturer News

Benzinga reports Citi’s Timothy Thein reiterated Caterpillar Inc. ‘Neutral rating and $75.00 price target after meeting with the company’s CFO. After Caterpillar’s disappointing 1Q sales estimates, management believe A/M volumes have...
$130 CAT distribution center set to improve Rockhampton, Australia region’s construction industry.

$130 CAT distribution center set to improve Rockhampton, Australia region’s construction industry.

by admin | May 30, 2016 | Constuction & Business News, Manufacturer News

Worth $130 million, covering 56,000 sqm and housing 220,000 parts, the Caterpillar distribution center opened last week and is big enough to support industry all over the world. CAT store dealer Hastings Deering spokesman Vincent Cosgrove said the center could supply...
Take a video tour of the new $41M Kobelco excavator plant in S.C. creating 131+ jobs

Take a video tour of the new $41M Kobelco excavator plant in S.C. creating 131+ jobs

by admin | May 28, 2016 | Constuction & Business News, Equipment & Construction Videos, Manufacturer News, Workforce News

Kobelco Construction Machinery U.S.A. Inc., a subsidiary of Tokyo-based Kobe Steel, finished construction and commenced production at its new S.C. excavator plant. Hiroshi “Rocky” Morita, a Kobelco vice president, said his company visited eight states before picking...
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