FTA Announces $5 Million Funding Opportunity to Improve Transit Options for Tribal Residents
Public Transportation on Indian Reservations Program; Tribal Transit Program FY 2017 Date Posted: 1/19/2017 Date Closed: 3/20/2017 Opportunity ID: FTA-2017-002-TPM Grant Program: Public Transportation on Indian Reservations Program; Tribal Transit Program Opportunity Announcement TXT: Opportunity Announcement TXT Opportunity Announcement PDF:...
AECOM to Announce Fiscal Year 2017 First Quarter Results on Feb. 7
LOS ANGELES (Jan. 17, 2017) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, will hold a conference call with analysts and investors on February 7, 2017 to discuss fiscal first quarter 2017 financial results. The company will conduct a live webcast of its conference call at noon Eastern Time, during which management will make a brief presentation focusing on the company’s results, strategies and operating trends. The live webcast and a replay will be available on...
FTA Funding to Help Chicago Rebuild for the 21st Century
At the Federal Transit Administration (FTA), our mission often involves bringing brand-new trains, buses, and infrastructure to communities looking to create a new transit system or expand a current one. However, a growing issue nationwide is a backlog of important repair and reconstruction work to revamp older public transportation systems expand capacity and accommodate growing ridership. That’s the thinking behind the Core Capacity program, which was added to FTA’s portfolio of Capital Inv...
Great Lakes Executes $250 Million Revolving Credit Facility
OAK BROOK, Ill.- Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced today it has closed on a $250 million three year revolving credit facility. PNC Bank, National Association (PNC) acted as Administrative Agent and Issuing Lender. The bank group consists of PNC, The PrivateBank and Trust Company, Suntrust Robinson Humphrey, Inc., Capital One...
Transportation Economic Trends Report Released
Tuesday - The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) has released Transportation Economic Trends, BTS’s first stand-alone volume on transportation and the economy. The 94-page report uses a variety of data series to highlight relevant trends and explain related measurement concepts. The topics covered in the report are the Transportation Services Index, a monthly summary of freight and passenger movement; what transportation contributes to the American econ...
Turner’s Fourth Quarter Building Cost Index Reflects Strong Market Conditions
According to Turner Construction Company’s quarterly Building Cost Index, skilled labor availability is an issue for the construction industry Turner Construction Company announced that the Fourth Quarter 2016 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1006. This represents a 1.11% quarterly increase from the Third Quarter 2016 and a 4.90% yearly increase from the Fourth Quarter...
Belgian Investment Firm Korys Invests in Swedish Renewable Energy Software Company Greenbyte
Belgian investment firm Korys, owned by the renowned Colruyt family is investing in the Swedish renewable energy software maker Greenbyte AB. Greenbyte’s software supports wind energy and solar PV owners, operators and asset managers in capturing the full potential of renewable energy projects. Since its founding in 2010, Greenbyte has grown almost entirely organically and now more than 7GW of wind and solar PV energy across 20+ countries are monitored through its software services Breeze and...
3i Acquires Infrastructure Assets from EISER Global Infrastructure Fund
Fried Frank London is advising client 3i Group plc (“3i”), a London-based public investment firm specializing in private equity, infrastructure and debt, in its announced acquisition of a portfolio of assets from EISER Global Infrastructure Fund, including Belfast City Airport and East Surrey Pipelines. The acquisition, which will deliver significant expansion for 3i’s infrastructure business, will be made by a new fund vehicle managed by 3i with major commitments from pension funds APG an...
Hill International Agrees to Sell Construction Claims Group to Private Equity Firm Bridgepoint in $147 Million All-Cash Transaction
PHILADELPHIA and LONDON, - Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has entered into a definitive stock purchase agreement to sell its Construction Claims Group to Bridgepoint Development Capital, part of international private equity group Bridgepoint, for $147 million in an all-cash transaction. The transaction is expected to close in approximately 60 days, subject to certain closing conditions. Hill's Construction Claims Group, wi...
PCA Forecast Lowers 2016, 2017 Cement Consumption Estimates
WASHINGTON, D.C. – The Portland Cement Association (PCA) announced that U.S. cement consumption is on track to see 2.7 percent growth in 2016, making a downward revision of a previous annual growth estimate of 4 percent reported earlier this year. PCA also revised its 2017 U.S. cement consumption forecast to 3.1 percent growth, from 4.2 percent growth, crediting a combination of post-election political uncertainty, inflation and slower construction activity as negative pressures on the economic...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
Santa Barbara County North Branch Jail Expansion
February Issue 2026
