Impending Expiration of $1.2T IIJA Sparks Construction Sector Concerns
The expiration of the $1.2 trillion IIJA on September 30 could disrupt funding for numerous construction projects, prompting industry leaders to call for legislative action.
Water Infrastructure Bill Promises $30.5 Billion Boost
The Water Resources Development Act, allocating $30.5 billion for state revolving funds, advances through a House committee, promising substantial opportunities and challenges for the AECM industry.
Architecture Billings Stagnate, Impacting Future Construction Activity
The Architecture Billings Index shows no growth in commercial and industrial billings for four years, indicating potential challenges for future construction projects.
Prisoners Gain Construction Jobs, Transforming Lives and Bridging Skills Gap
Integrating former prisoners into construction jobs addresses skills gaps and reduces re-offending rates, offering a model for US firms to enhance workforce and social outcomes.
Senra Systems Secures $65 Million to Expand Manufacturing Footprint
Senra Systems raises $65 million in Series B funding to open a third manufacturing facility, signaling growth in wire harness production and impacting supply chain dynamics for AECM and defense sectors.
Buildots Expands AI Construction Intelligence to Structural Phase
Buildots introduces superstructure tracking, enhancing construction intelligence with AI-driven insights for better risk management and project visibility.
Avantus Lands $525 Million for California Solar-Plus-Storage Expansion
Avantus secures $525 million for Aratina 2, bolstering California's solar-plus-storage capacity. This project highlights renewable energy's role in meeting U.S. energy demands, with implications for AECM stakeholders.
McCarthy Finalizes $74M Kansas Wastewater Project with Innovative Approach
Lawrence, Kansas, completes a $74M wastewater project using the construction manager at risk method, setting a precedent for future public infrastructure projects.
Mastercam Expands Global Reach with Indian Acquisition
Mastercam's acquisition of its Indian channel partner enhances its global service capability, offering new opportunities for U.S. AECM firms in international markets.
