Procore Technologies Reports Strong Q2 Financial Results
News Summary Procore Technologies has revealed impressive financial results for the second quarter, reporting a 14% revenue increase to $323.9 million. Despite a decline in non-GAAP operating margin, the company has focused on significant investments in R&D and customer retention, adding 195 new customers. Procore’s efforts in strategic acquisitions and achieving cloud security compliance are […]
World’s First LEED-Certified Beef Harvest Facility Opens
News Summary Wisconsin has inaugurated the world’s first LEED-certified beef harvest facility, owned by America’s Heartland Packaging. Spanning 800,000 square feet, it can process 2,400 cattle daily, setting a new benchmark for sustainability and efficiency in beef processing. The facility is expected to create over 1,300 jobs and contribute more than $1 billion annually to […]
Houzz Inc. Launches Applications for Scholarship Program
News Summary Houzz Inc. has opened applications for its annual Houzz Scholarship Program, which supports students in fields such as interior design and construction. The program will award five scholarships of $2,500 each across diverse categories to help aspiring professionals. Applicants must submit an essay and create a Houzz profile to showcase their work. Additionally, […]
Revolutionizing Fiber Optic Deployments with Innovative Strategies
News Summary As demand for high-speed internet surges, the fiber optic market is set to expand significantly. Stakeholders are seeking innovative tools and methodologies to tackle construction challenges, including urban utility conflicts and labor shortages. Technologies like Geographic Information Systems (GIS) and Asset Digital Twin are becoming essential for efficient network buildouts. Furthermore, there is […]
AI-Enabled Robotic Microfactories Revolutionizing Housing Reconstruction
News Summary ABB Robotics and Cosmic Buildings have launched a partnership to use mobile robotic microfactories for on-site modular home construction in Southern California. This initiative aims to address the housing crisis following devastating wildfires by providing sustainable and efficient homes. With advanced technology, including AI and robotics, these microfactories significantly reduce construction time and […]
Construction Management Software Market Set for Significant Growth
News Summary The construction management software market is set to experience significant growth, anticipated to rise from USD 9.94 billion to USD 24.12 billion. This expansion, representing a CAGR of 10.41%, is driven by increasing demand for efficient construction solutions. Key segments include residential and commercial buildings, with a notable shift towards cloud-based solutions as […]
3D Printing and AI Transform Nuclear Reactor Construction
News Summary A team in East Tennessee is revolutionizing nuclear reactor construction by using a 3D printer arm to create concrete shielding columns for the Hermes Low-Power Demonstration Reactor. Supported by the U.S. Department of Energy, this innovative approach significantly shortens the construction timeline, with complex molds being produced in just 14 days. The project […]
Victor Hernandez Promoted to Assistant Project Manager
News Summary Victor Hernandez has been promoted to assistant project manager for Skanska on the $9.5 billion Westside Purple Line Extension in Los Angeles. With over a decade of experience, Hernandez began his career in Skanska’s training program and has since contributed significantly to the D Line project, overseeing construction of underground stations and emphasizing […]
Construction Industry Leaders to Gather in Nashville
News Summary The Advancing Construction Quality 2025 Conference will convene over 500 leaders in Nashville to tackle challenges in the construction sector. Set for October, the event will focus on quality management, collaboration, and innovative strategies amidst rising project complexities and market demands. Participants will gain insights into effective quality tools and processes essential for […]
Surge in Blue-Collar Workforce Fuels Growth in Global Vocational Training Market
News Summary The global vocational training market is experiencing significant growth due to a surge in the blue-collar workforce, driven by post-pandemic labor shortages and increasing demand for skilled workers. With a projected market value of $388.1 billion in the near future, the sector is expected to grow at an impressive rate, reaching $648.9 billion […]