Soo Locks cost estimate drops to about $2.62 billion; summer finish still expected
Sault Ste. Marie, Michigan, September 15, 2025 News Summary The U.S. Army Corps of Engineers revised the certified cost estimate for the new Soo Locks large lock from nearly $3.0 billion to about $2.62 billion after awarding all contract options and removing contingency tied to unawarded sub‑phases, trimming roughly $250 million of project risk. Construction remains […]
Global Study Maps Growth in Construction Collaboration Software Amid Tariffs and NYC Slump
Global, September 15, 2025 News Summary A comprehensive market study forecasts rapid growth for construction collaboration software as the industry contends with tariff-driven cost swings, supply-chain volatility, regional consolidation and a sharp drop in New York City apartment starts. The 143+ page analysis projects the market to expand from about USD 2.4 billion to roughly USD […]
L3Harris, The Austin Co. complete Palm Bay satellite manufacturing complex
Palm Bay, Florida, September 15, 2025 News Summary L3Harris and The Austin Co. finished a roughly $100 million, 92,000–94,000 sq ft satellite manufacturing complex in Palm Bay, Florida. The state-of-the-art facility includes three high bays with heavy overhead cranes, support spaces, enhanced security, and infrastructure upgrades to assemble, integrate and test satellite constellations supporting missile warning […]
CreateMe launches robotic platform and microadhesive for bonded apparel
Newark, California, September 15, 2025 News Summary CreateMe Technologies unveiled a hardware and materials system pairing a modular robotic assembly cell with a digitally applied microadhesive to enable on‑demand bonded garment production in the United States. The platform is positioned as an end‑to‑end, software‑defined garment construction solution that replaces traditional sewing, speeds production, and reduces waste. […]
National NECA/ELECTRI Project Management Apprenticeship Surpasses 100 Apprentices
United States, September 14, 2025 News Summary A U.S. Department of Labor–registered project management apprenticeship for the electrical construction industry has grown rapidly, enrolling more than 100 apprentices across 10+ cohorts. The program, operated with 60+ contractor partners in over 25 states, combines classroom instruction and on-the-job learning to prepare job-ready project managers for complex electrical […]
50-acre sports district and downtown arena set to reshape Oklahoma City
Oklahoma City, September 14, 2025 News Summary Plans for a 50-acre sports-driven entertainment district in southeast Oklahoma City and a separate downtown arena have moved from planning to contractor selection, pushing both projects toward construction. The district, led by Echo Investment Capital with Populous as master architect, will center on a new stadium and link nearby […]
ForgeFX to Supply Training Simulators to John Deere Construction & Forestry
San Francisco, California, September 14, 2025 News Summary ForgeFX Simulations has been selected to provide immersive training simulation software for John Deere Construction & Forestry to support employee and dealer training focused on operational efficiency and safety. The simulators aim to standardize instruction, shorten onboarding, and let trainees practice start-up, safe operating limits, and hazard handling […]
IPO Pipeline Set to Shift Venture Investing in India
India, September 13, 2025 News Summary A wave of nearly 80 mainboard IPOs raising about INR 1,630 billion is reshaping prospects for startups and investors in India. Market participants say expanded public-market access can broaden exit options and alter fundraising terms, though many early-stage VCs still prefer pre-seed and seed deals where they can shape product […]
Big-box Chains Place Billion-Dollar Bets to Win Pro Construction Market
United States, September 13, 2025 News Summary America’s largest home-improvement chains are shifting from a homeowner-focused model to an account-based strategy aimed at professional contractors. Retailers are investing billions in acquisitions, expanded distribution networks and enterprise-grade services and technology to capture a roughly $450 billion Pro construction market. Multibillion-dollar deals add hundreds of branches and thousands […]
Grays Clip adopts manufacturing ERP ahead of ViperClip rollout
Northern Ireland, September 13, 2025 News Summary Northern Ireland manufacturer Grays Clip implemented the MRPeasy manufacturing ERP system before taking commercial orders for its ViperClip cable fastening products. The six-month deployment now manages procurement, production planning, barcode labelling, invoicing and serial-number traceability, supporting subcontracted assembly of the ViperClip Gun. Founders moved to digital systems after a […]