Governor Holcomb and Indiana Department of Transportation Award $101 million through Community Crossings
December 10, 2020 in News , Financial
Governor Holcomb and Indiana Department of Transportation Award $101 million through Community Crossings

INDIANAPOLIS – Governor Eric J. Holcomb and Indiana Department of Transportation Commissioner Joe McGuinness today announced 241 Indiana cities, towns, and counties received a combined $101 million in state matching funds for local road projects through Community Crossings, a component of the Governor’s Next Level Roads program. “As we navigate through the challenges created by the COVID-19 pandemic, we’re as committed as ever to improving and building our state’s infrastructure. I’m incredib...

MnDOT awards $61 million to improve state’s freight transportation network
December 9, 2020 in News , Financial
MnDOT awards $61 million to improve state’s freight transportation network

ST. PAUL, Minn. – The Minnesota Department of Transportation awarded $61 million in funding for 13 highway infrastructure projects that will improve freight mobility, safety, and first- and last-mile freight connections throughout Minnesota. The awards are part of a second round of transportation funding offered to Minnesota cities, counties, ports, airports, MnDOT Districts and railroads through the competitive Minnesota Highway Freight Program. The first round of MHFP funding was awarded in...

U.S. Department of Transportation Announces $1.37 Million in Grant Awards to Six Projects in Six States to Advance Transit Infrastructure Innovation and Safety Nationwide
December 2, 2020 in News , Financial
U.S. Department of Transportation Announces $1.37 Million in Grant Awards to Six Projects in Six States to Advance Transit Infrastructure Innovation and Safety Nationwide

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced grant awards to six projects in six states totaling approximately $1.37 million in research funding through the Real-Time Asset Management Program. These projects will support infrastructure innovation in the transit industry.   “These research grants will help improve transit operations and enhance safety for riders who use these systems every day,” said U.S. Transportation Secretary Ela...

FHWA Issues ER Funds For Brent Spence Bridge Repairs
November 24, 2020 in News , Financial
FHWA Issues ER Funds For Brent Spence Bridge Repairs

The Federal Highway Administration issued $12 million in “quick release” emergency relief on November 13 to help begin repairs on the Brent Spence Bridge after it suffered damage by a fire resulting from a commercial truck crash. [Above photo via the KYTC.] The Brent Spence Bridge is a double decker cantilevered truss bridge that transports Interstates 71 and 75 across the Ohio River between Covington, Kentucky, and Cincinnati. In the early morning hours of November 11, a truck hauling che...

U.S. Department of Transportation Announces $7.7 Million in Tribal Transit Grant Awards to 25 Tribal Governments to Improve Public Transportation
November 19, 2020 in News , Financial
U.S. Department of Transportation Announces $7.7 Million in Tribal Transit Grant Awards to 25 Tribal Governments to Improve Public Transportation

WASHINGTON – The U.S. Department of Transportation’s Federal Transit Administration (FTA) today announced $7.7 million in Tribal Transit Program grant awards to 25 tribal governments for projects to improve public transportation on tribal lands. "These federal grants will help American Indian and Alaskan Native tribal governments provide public transportation in rural areas, connecting tribal residents with jobs, healthcare and other essential services," said U.S. Transportation Secretary Ela...

AEC Angels invests in Rhumbix and OpenSpace
November 17, 2020 in News , Financial
AEC Angels invests in Rhumbix and OpenSpace

Investor group draws from decades of first-hand AEC and technology experience   New York, NY  – AEC Angels, a venture capital fund focused on developing technologies in the architecture, engineering and construction sectors, has announced investments in Rhumbix and OpenSpace, two later-stage technology platforms for increasing efficiency and improving workflows.  AEC Angels is a venture fund covering seed through Series B + investments. Members include Thornton Tomasetti, STO Building...

Senate Appropriations Committee Releases FY 2021 Funding Bills
November 17, 2020 in News , Financial
Senate Appropriations Committee Releases FY 2021 Funding Bills

The Senate Committee on Appropriations released all 12 of its fiscal year 2021 funding measures and subcommittee allocations on November 10: paving the way for negotiations to begin with the House of Representatives, which released a “minibus” of appropriations bills on July 31. Sen. Richard Shelby “By and large, these bills are the product of bipartisan cooperation among members of the committee. As negotiations with the House begin in earnest, I look forward … to resolve our differences in a...

DFI Educational Trust Announces the Establishment of the Goble Rausche Likins Scholarship Fund
November 16, 2020 in News , Financial
DFI Educational Trust Announces the Establishment of the Goble Rausche Likins Scholarship Fund

Hawthorne, N.J.:  The Deep Foundations Institute (DFI) Educational Trust, the charitable arm of DFI, announces the establishment of a new scholarship. The Goble Rausche Likins Scholarship Fund was established in October 2020 with a generous donation from GRL Engineers, Inc. (GRL) and Pile Dynamics, Inc. (PDI). The fund honors George G. Goble, Frank Rausche and Garland E. Likins, the founders of GRL Engineers, Inc. (GRL) and Pile Dynamics, Inc. (PDI). The fund provides At-Large Scholarships to...

Skanska is divesting its ownership in Elizabeth River Crossings in Virginia, USA, for USD 625M, about SEK 5.4 billion
November 10, 2020 in News , Financial
Skanska is divesting its ownership in Elizabeth River Crossings in Virginia, USA, for USD 625M, about SEK 5.4 billion

Skanska has signed a binding Sale and Purchase Agreement (“SPA”) for its 50 percent ownership stake in Elizabeth River Crossings HoldCo LLC, (“ERC”) in Hampton Roads Metropolitan Area, Virginia, USA for gross sale proceeds of USD 625M (to be adjusted by transaction costs and other items), about SEK 5.4 billion. The buyer is Abertis, and Manulife Investment Management, on behalf of John Hancock Life Insurance Company (U.S.A.). The transaction will be recorded at closing under Central stream, whic...

Houston Natural Resources Receives Financing Commitment for It’s Second Wastewater Disposal Unit
November 9, 2020 in News , Corporate , Financial
Houston Natural Resources Receives Financing Commitment for It’s Second Wastewater Disposal Unit

Houston, Texas - HNR Oil Services LLC, a wholly owned subsidiary of Houston Natural Resources Inc., the wholly owned Operating company of Houston Natural Resources Corp. (OTC: HNRC) (“HNR or the Company”) announced today that it has received a financing commitment for the purchase of its second saltwater disposal unit. In addition, the company has received a $1,000,000 commitment to fund its working capital requirement. The second unit will be installed at HNR Oil Services LLC YO Ranch Commer...

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Stormwater Interview with Robert Page, P.E., Vice President, HNTB

Stormwater Interview with Robert Page, P.E., Vice President, HNTB

TriMet’s Banfield Type 1 Substation Replacement Project

TriMet’s Banfield Type 1 Substation Replacement Project

February Issue 2026

February Issue 2026