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Construction News

Construction news continually updated from thousands of sources around the net.

3 hrs ago | Bloomberg Business News

Lenders Squeeze Fees from Corporate Borrowers After $112 Billion of Losses

McClatchy Co. , Building Materials Holding Corp. and almost 100 other companies across the U.S. are suffering payback from lenders stung by at least $112 billion of losses in the loan market.

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Related Topix: Retail, Building Materials Holding, Sacramento Metro, Sacramento, CA, Banking, Financial Services, Citigroup, Home, Mortgage

8 hrs ago | Corks 96fm

Construction industry jobs down

According to the Central Statistics Office the dramatic collapse in the sector worsened during the summer with employment falling 17.9% by the end of August.

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12 hrs ago | Construction Equip. Distribution

U.S. Department of Labor's OSHA Launches National Initiative on...

To coincide with the proposed rule on Cranes and Derricks in Construction, published in today's Federal Register, the U.S. Department of Labor's Occupational Safety and Health Administration has initiated a ...

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Related Topix: OSHA, Environmental Law, Law, Employment / Labor Law

16 hrs ago | PR-inside.com

Homebuilders say 'less is more' with new homes

When the U.S. housing market hit the skids, homebuilders like KB Home that thrived by offering large homes and expensive amenities began to rethink their home designs with an eye toward making smaller, less ...

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Related Topix: Home Listing, Home, KB Home, Los Angeles Metro, California, Foreclosures, Housing

Fri Oct 10, 2008

KATC-TV Lafayette

Gulf Island gets state aid in $27M expansion

Gulf Island Fabrication Incorporated will use state financial assistance while investing about $27 million into an expansion that will create 200 new jobs.

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Related Topix: Energy, Oil & Gas, Gulf Island Fabrication, Houma, LA, Houma Metro, US Politics, US News, Bobby Jindal, Republican, US House of Representatives

PeoriaTimes-Observer

Caterpillar to create new divisions

Caterpillar Inc. will create several new divisions and make changes in assignments of officers, all to improve its focus on its customers, the company announced Thursday.

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Related Topix: Caterpillar, Manufacturing, Insurance, Marketing

The Post-Standard

GE 3Q profit off 22 pct, but meets lower forecast

General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance arm.

Comment?

Related Topix: General Electric, Financial Services, Aerospace-Defense, Fairfield, CT, Warren Buffett, Berkshire Hathaway, Insurance, Investment Services

hosted Reuters | Reuters

Buffett pips Gates to top new Forbes list: report

(Reuters) - Warren Buffett has overtaken Bill Gates to become the richest American in the Forbes 400 list, Bloomberg said, citing a recalculated list to be published later this month.

The magazine, in its October 27 issue, recalculates the effect of September's financial news on the wealthiest Americans, those who make up its Forbes 400 list, the agency said.

The Berkshire Hathaway Inc chairman added $8 billion to his net worth in a 33-day period, August 29 to October 1, to reach $58 billion, the agency said, citing the magazine.

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Related Topix: Warren Buffett, Bill Gates, Berkshire Hathaway, Insurance, Investment Services

The Belfast Telegraph

Construction employment down 18% in 12 months to August

The number of people employed in the construction industry during August was almost 18% lower than the same month last year, according to the latest CSO figures.

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CSRwire.com

The Pink Panther(TM) Breaks Silence: Identifies Biggest Energy Consumer

TOLEDO, Ohio, Oct. 9 /PRNewswire-FirstCall/ -- Armed with survey results revealing public misperceptions about energy use, The Pink Panther , Chief Energy Officer at Owens Corning , today broke his decades of ...

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Related Topix: Department of Energy

Thu Oct 09, 2008

Fremont Tribune

Caricature of billionaire Warren Buffett missing

Everyone who goes to the Omaha Press Club is used to seeing billionaire Warren Buffett there every day _ or at least the caricature of him.

Comment?

Related Topix: Warren Buffett, Berkshire Hathaway, Investment Services, Insurance

Earth Times

AGCO Corporation and Concern Tractor Plants Form Engine Joint Venture in Russia

AGCO Corporation , a worldwide manufacturer and distributor of agricultural equipment, and Concern Tractor Plants , a leading Russian industrial machinery builder, today announced they have signed an agreement ...

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Related Topix: Manufacturing, Industrial Machines, Agco, Agriculture, Science

24dash

Mass meeting for Enterprise Liverpool workers over job cuts distress

Published by Hannah Wooderson for 24dash.com in Housing , Local Government Thursday 9th October 2008 - 11:26am Devolving more power to cities 'would boost employment rates' Unite, the UK's largest trade union, ...

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Axcess News

Prosecution loses evidence for wrongdoing, Powell to testify for Stevens

Washington - The Justice Department called its last witness against Sen. Ted Stevens Wednesday but also was reprimanded for misconduct by the judge, who disallowed two pieces of evidence in their case against ...

Comment?

Related Topix: Republican, US Politics, Ted Stevens, Girdwood, AK

Bloomberg

Buffett's Paper Profit on GE, Goldman Sachs Erased by Stock Market Plunge

Billionaire investor Warren Buffett 's instant paper profits on Goldman Sachs Group Inc.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Warren Buffett, Berkshire Hathaway, Insurance, Omaha, NE Metro

Wed Oct 08, 2008

The Macon Telegraph

Georgia-Pacific idles Ark. plant, cites demand

Georgia-Pacific Corp. officials say the company's plant in Gurdon is closed and will remain shut down for several days due to market conditions.

Comment?

Related Topix: Paper, Georgia Pacific, Macon Metro, Macon, GA

The Winnipeg Free Press

Canfor to close Tackama Plywood Operation in Fort Nelson, B.C., indefinitely

Canfor Corp. said Wednesday that it will be closing indefinitely its Tackama plywood plant in Fort Nelson, B.C., due to continued poor demand and low prices for plywood across North America.

Comment?

Related Topix: Canada,

Penticton Herald

Churchill Corp.a s Stuart Olson wins $169M work on Bow Valley College project

The Churchill Corp. said Wednesday its Stuart Olson Constructors unit has won a contract worth $169 million to expand Bow Valley College in Calgary.

Comment?

Sharon Herald

The Herald, Sharon, Pa

South Dock Street in Sharon got a fresh layer of blacktop at dusk Thursday. Glenn O. Hawbaker Inc.

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Related Topix: Sharon, PA

PR-inside.com

Ceradyne, Inc. Receives $2.37 Billion XSAPI/ESAPI Body Armor 5 Year...

Ceradyne, Inc. Receives $2.37 Billion XSAPI/ESAPI Body Armor 5 Year ID/IQ Contract 2008-10-06 12:36:04 - www.ceradyne.com - Ceradyne, Inc.

Comment?

Related Topix: Industrial Machines, Glass, Ceradyne

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