Exxon Mobil and Saudi Basic Industries Corp. are considering building what would become Texas' largest ethane cracker, and the project cleared a major hurdle when the San Patricio County Commissioners and a local school board approved millions of dollars in tax breaks. The $10 billion project is expected to create 11,000 construction jobs.
Dallas, Houston and Austin are experiencing a hotel building boom -- Texas' first in a decade, according to STR -- with Marriott, Hilton and InterContinental Hotels Group planning to build hundreds of hotels in the next two to three years. The drivers include recent relocations by corporate headquarters, population growth, the availability of space and the state's development-friendly policies.
A consortium has been awarded a $460 million contract to design, build, finance and maintain the Highway 427 expansion project in Toronto. Called LINK 427, the consortium will extend sections of the highway and add high-occupancy toll lanes.
Alliant Insurance among Leaders in Surety Merchants Bonding Company™ recognizes Aliant Insurance Services Inc as a leader in contract surety. Alliant Insurance Services' experienced team of bond professionals are committed to excellence as trusted advisors to their contractor clients. Congratulations from The Common Sense Surety!
To the delight of the Federal Reserve, bank lending has been growing. However, loans are growing at the slowest pace since 2014, and business loans are growing at the slowest rate in almost 6 years, which suggests rising interest rates and lower appetite for borrowing might dampen efforts to spur the economy.
Skanska USA Civil Southeast could start installing pilings in the next few months for the $400 million Pensacola Bay Bridge replacement in Florida. The Florida Department of Transportation has released updated renderings.
AGC members -- A special offer on Chrysler®, Jeep®, Dodge® and Ram® vehicles
AGC members receive $500 off the lowest negotiated price on the purchase or lease of many of the most popular vehicles in the Chrysler lineup. Among the Chrysler®, Jeep®, Dodge® and Ram® lineup and the FIAT® 500L, there's something for everyone. AGC members are also eligible to choose from one of four On The Job program benefits, including commercial upfit, graphic allowance, maintenance package and a Bosch toolkit. Learn more.
AGC members -- A private offer from GM
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