Sumitomo Forestry's $4 billion acquisition of Tri Pointe Homes makes it the fifth largest housebuilder in the US. This move signals significant shifts in the AECM industry, impacting competition, supply chains, and innovation.
A new modular housing prototype in Chile, IBSP II, uses stilts to adapt to challenging terrains, offering a flexible solution to the global housing crisis.
Boston Dynamics' Atlas robot now performs heavy lifting tasks, signaling a shift in industrial robotics for construction and manufacturing.
Somatic awareness is being recognized as a key factor in enhancing construction site safety by training workers to be more attuned to their physical and emotional states. This approach can reduce accidents and improve overall jobsite culture.
STV Inc. and Turner Construction Company will manage the $10 billion Midtown Bus Terminal Replacement project in NYC, a major infrastructure effort involving several leading construction firms.
Europe's ageing water infrastructure is under pressure from climate change, urbanization, and regulatory demands, necessitating urgent upgrades. This presents both challenges and opportunities for the AECM industry, driving demand for sustainable and innovative solutions.
AI in construction should be viewed as a labor cost due to its ongoing management requirements, impacting budgeting and workforce planning.
Parallel Systems has raised $100 million to develop autonomous freight trains, promising significant impacts on logistics efficiency and infrastructure planning within the AECM industry.
The House Transportation and Infrastructure Committee has agreed on a $580 billion surface transportation bill, introducing EV registration fees and funding for Amtrak and public transit.
