Construction
Alimak’s 3Q Results Show “Resilience in a Challenging Market”
Stockholm, Sweden-headquartered Alimak Group announced on October 23 it is showing “resilience in a challenging market” during the third quarter (3Q). Order intake decreased by 3% to SEK1.54 billion (US$1.64...
New Luxury Development in L.A. Begins Construction
Construction has begun for the US$5-billion One Beverly Hills development from Cain International in Los Angeles, California, Urbanize reports. Located west of the Waldorf Astoria and Beverly Hilton hotels, the project will involve...
Sea-Level Rise Threatens NYC Housing and Tall Buildings
According to a new report by the Regional Plan Association, NYC’s housing shortage could grow to 1.2 million homes due to rising sea-levels, the Council on Tall Buildings and Urban...
British Safety Council Announces 2025 International Safety Awards Winners
British Safety Council has revealed the 789 winners of its annual International Safety Awards. The accolades reward organizations for their work in health, safety and well-being. Now in its 67th year,...
New York Build 2025 Show Guide Goes Live as Event Approaches
Organizers of New York Build 2025 Expo, the largest construction and design show for the New York and tri-state region, announced the 2025 Show Guide is now live for the event planned on...
CECA Reaches Out to Members in Light of Tariff Uncertainty
The Canadian Elevator Contractors Association (CECA) is reaching out to members regarding the uncertainty of possible future tariffs, encouraging them to review existing and new business contracts to ensure they...
Upgrades at China Rail Station Include Escalators
A recent upgrade, including a new walkway and escalators, at Zhengjia Yuanzi Station of Chongqing Rail Transit (CRT) Line 3 in Chongqing, China, has greatly improved commuting for local residents,...
BXP Postpones Construction of 27-Story Boston Office Building
Due to unfavorable financial conditions, Boston Properties (BXP) has postponed the construction of a 27-story, 660,000 ft2 office building at 171 Dartmouth Street. in Boston's Back Bay. During the company’s third-quarter...
Türkiye İMSAD Published the Construction Sector Report 2023
The Construction Sector Report 2023, which contains the most up-to-date and fundamental information on the sector from production to employment, exports to imports and sheds light on all its activities...
Otis Cuts Sales View With Slowdown in China and U.S.
Otis Worldwide lowered its 2024 net sales forecast on July 24 on softening demand for its new equipment from North America and China, Reuters reports. The company expects its full-year...
