Five Star Electric Awarded $67 Million Systems Installation and Integration Package

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric, has been awarded a systems installation and integration project by the New York Metropolitan Transportation Authority (“MTA”)…

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Office Properties Income Trust Announces Pricing of $300 Million Senior Secured Notes Maturing in 2029

Office Properties Income Trust (Nasdaq: OPI) has announced the pricing of $300 million aggregate principal amount of 9.000% senior secured notes due 2029. The closing of this offering is anticipated to take place on February 12, 2024, contingent upon the…

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Plumbing Manufacturers International Applauds House for Passing ‘Tax Relief for American Families and Workers Act

Plumbing Manufacturers International expresses its appreciation for the decisive action taken by the House of Representatives, which voted 357 to 70 on January 31 to pass H.R. 7024, known as the Tax Relief for American Families and Workers Act of…

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US Contracts for Climate Resiliency Secured by HOCHTIEF Subsidiary

Flatiron, the North American civil engineering subsidiary of HOCHTIEF, secures new contracts valued at approximately USD 350 million, underscoring the emerging market potential for resilience initiatives. The awarded projects, aimed at addressing climate change-related challenges such as storm surges and…

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Foundations for Urban Renewal and Improved Livelihoods The Accumulation of ‘Building Blocks

Residents of Beijing’s Xicheng district, like Jin Guilian, are rejoicing as redevelopment work on the No 8 building in the Huapichang Hutong Community nears completion after a three-month wait. The aging housing project, dating back to the 1970s, is undergoing…

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CEO Alliance Meeting Held at European Spallation Source (ESS) in Lund, Sweden, Hosted by Skanska

Skanska recently played host to the CEO Alliance meeting at the European Spallation Source (ESS) in Lund, Sweden. This gathering brought together CEOs from various member companies to delve into collaborative strategies for sustainable business development and innovation. The primary…

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L&T Construction Wins a Mega EPC Order for Establishing Largest Renewable Generation Plant in United Arab Emirates

The Renewable EPC arm of Larsen & Toubro’s Power Transmission & Distribution business has been chosen as the turnkey Engineering, Procurement and Construction contractor to establish a 1800 MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates. The project is…

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