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Construction starts at 2nd Chengdu, China airport and is estimated to cost more than 70 billion yuan (US$10.7 billion).

Construction starts at 2nd Chengdu, China airport and is estimated to cost more than 70 billion yuan (US$10.7 billion).

by admin | May 27, 2016 | Constuction & Business News

The Shanghai Daily reports CONSTRUCTION of a second airport in Chengdu, capital of southwest China’s Sichuan Province, got under way yesterday. The first phase of construction is expected to be completed in 2019. Once fully operational, Chengdu will be only the third...
Russia, China to discuss construction of Western route Pipeline

Russia, China to discuss construction of Western route Pipeline

by admin | May 27, 2016 | Constuction & Business News, Energy News

Russia and China will hold energy meetings in Sochi, Russia on May 30, the agenda includes oil and gas complex, power generation, coal industry. Russian is going to discuss construction of the Western route with China for gas deliveries to the country Energy Minister...
NY-area non residential construction starts plunge 64% since last April

NY-area non residential construction starts plunge 64% since last April

by admin | May 27, 2016 | Constuction & Business News

libn.com reports New York-area construction starts declined sharply in April as compared with a year ago. There were $2.9 billion in construction starts in the New York area last month, down 59 percent from the $7.1 billion in construction starts recorded in April...
China’s Zoomlion Abandons Pursuit of U.S. Crane Maker Terex

China’s Zoomlion Abandons Pursuit of U.S. Crane Maker Terex

by admin | May 27, 2016 | Constuction & Business News, Manufacturer News

The bid is the latest Chinese outbound M&A deal to fall through, making bankers and potential acquisition targets wary China’s Zoomlion Heavy Industry Science & Technology Co. walked away from a proposed multibillion-dollar acquisition of U.S. crane maker...
Production has all but stopped at $100 Million Euro 250,000+ sq ft SANY manufacturing plant in Bedburg Germany

Production has all but stopped at $100 Million Euro 250,000+ sq ft SANY manufacturing plant in Bedburg Germany

by admin | May 27, 2016 | Constuction & Business News, Manufacturer News

Since 2012,  the number of employees at the German SANY plant has gone in one direction; DOWN. The production of concrete pumps, excavators and port load stackers has essentially stopped. The SANY Bedburg, Germany center will still serve as the distribution and spare...
Fluor Completes Dominion’s $1.1 Billion Brunswick County Power Station

Fluor Completes Dominion’s $1.1 Billion Brunswick County Power Station

by admin | May 26, 2016 | Constuction & Business News

Fluor Corporation announced that it has achieved substantial completion for Dominion Virginia Power’s Brunswick County (Va.) Power Station. Fluor provided engineering, procurement, construction and commissioning services for the 1,358-megawatt natural gas-fueled power...
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