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Engineering News Record on Finance

Below is a list of the articles on Finance published by Engineering News-Record. Articles are sorted by their Publication date. Click on the article title to view additional information and purchase options.
New York City Agency Selects Eight Firms to Compete for Small Projects- ENR | McGraw-Hill Construction
The New York City Dept. of Design and Construction has selected eight firms to compete for construction management contracts on noninfrastructure projects valued at less than $25 million.
Publication Date: 23 May , 2007
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AECOM Raises $472.3 Million Four Years After Failed IPO- ENR | McGraw-Hill Construction
In one of the biggest initial public offerings of the year, AECOM Technology Corp. raised $472.3 million from stock investors, the company announced on May 15. Another $75.4 million in stock was sold by AE
Publication Date: 23 May , 2007
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AECOM Raises $472.3 Million Four Years After Failed IPO- ENR | McGraw-Hill Construction
In one of the biggest initial public offerings of the year, AECOM Technology Corp. raised $472.3 million from stock investors, the company announced on May 15. Another $75.4 million in stock was sold by AE
Publication Date: 23 May , 2007
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CH2M Hill Moves to Buy Tainted Alaskan Firm - ENR | McGraw-Hill Construction
One week after two of top Veco Corp. executives resigned following their guilty pleas to federal bribery charges, the Anchorage-based oil services design firm and contractor has agreed to enter "exclu
Publication Date: 18 May , 2007
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Van Antwerp Confirmed, Takes Over as New Corps Chief - ENR | McGraw-Hill Construction
After the Senate confirmed him following weeks of delay, Lt. Gen. Robert L. Van Antwerp, Jr., has become the new leader of the Army Corps of Engineers.
Publication Date: 18 May , 2007
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Building Trades' President Sullivan to Retire Oct. 1 - ENR | McGraw-Hill Construction
The president of the AFL-CIO’s Building and Construction Trades Dept., Edward C. Sullivan, announced May 17 that he will retire Oct. 1, after seven years in the top BCTD position.
Publication Date: 17 May , 2007
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Lemley's Successor Warns Of London Games Pitfalls- ENR | McGraw-Hill Construction
Decisions delayed now in preparing for the 2012 Olympic Games in London will haunt the multi-billion dollar project later, warned the newly appointed head of the government body procuring infrastructure an
Publication Date: 17 May , 2007
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Leading British Architectural Firm Closes Investment Deal - ENR | McGraw-Hill Construction
The London-based architectural firm Foster + Partners closed a deal on May 11, taking in a private investment partner and raising capital for expanding global operations.  
Publication Date: 16 May , 2007
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DeFeo's Terex Comes of Age To Face Bigger Growing Pains - ENR | McGraw-Hill Construction
The roots of Terex Corp. were planted over a century ago, but Ron DeFeo, its chairman and chief executive since 1992, is convinced that Terex is still a teenager. Over the last decade, DeFeo has transforme
Publication Date: 16 May , 2007
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HeidelbergCement Buys Hanson for $15.8 Billion - ENR | McGraw-Hill Construction
HeidelbergCement AG, after weeks of speculation, on May 15 announced a $15.8-billion buy-out of British building materials supplier
Publication Date: 16 May , 2007
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Top Execs of Alaska's Veco Corp. Resign Amid Bribery Charges - ENR | McGraw-Hill Construction
Two top executives of Anchorage-based Veco Corp., a major designer, contractor and services firm in Alaska’s oil sector, resigned May 10 following guilty pleas to federal conspiracy and bribery charg
Publication Date: 15 May , 2007
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Rinker's Top Investor Says It Will Accept CEMEX Buyout- ENR | McGraw-Hill Construction
Cemex’s bid to acquire rival Rinker Group Ltd. (RIN. AX, NYSE: RIN) has the high drama of a John Grisham novel, with as many plot twists and turns. On May 4, Rinker investors held back from accepting
Publication Date: 14 May , 2007
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Deadline Looms for Pact Between AGC and 5 Unions - ENR | McGraw-Hill Construction
The collective bargaining between the Associated General Contractors of Washington and five trade unions expires at the end of the month, and both sides hoping to avoid a conflict such as the concrete work
Publication Date: 14 May , 2007
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Fluor Raises Pay Package - ENR | McGraw-Hill Construction
In the proxy statement distributed for the company’s May 2 annual meeting of shareholders in Texas, Fluor Corp. reported that it had paid Chief Executive Officer Alan Boeckmann over $10.7 million in
Publication Date: 10 May , 2007
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Nevada Tackles Design-Build To Ease Congestion Crunch- ENR | McGraw-Hill Construction
The Nevada Dept. of Transportation, struggling with a funding shortfall and unprecedented growth, is pursuing the first design-build project in its 90-year history.
Publication Date: 09 May , 2007
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Global Building Boom Swamps Suppliers- ENR | McGraw-Hill Construction
Suppliers stung by the homebuilding bug in the U.S. are riding high elsewhere in the world, while an unprecedented surge in global demand for capital equipment has put a stranglehold on available supplies.
Publication Date: 02 May , 2007
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Parsons Corp. Faces Federal Contract Debarment Controversy- ENR | McGraw-Hill Construction
Parsons Corp. must show cause why it should not be considered for debarment from government contracts after the Special Inspector General for Iraq Reconstruction (SIGIR) questioned the firm’s standar
Publication Date: 02 May , 2007
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After Veto, Bush Pushes Hill for Iraq War Funds - ENR | McGraw-Hill Construction
After vetoing a defense spending bill that would set a timetable for withdrawing troops from Iraq, President Bush told an audience of construction industry officials that the success of the military strate
Publication Date: 02 May , 2007
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New Twists and Turns Plague Privatized Texas Transportation- ENR | McGraw-Hill Construction
Bowing to a growing grass-roots anti-privatization movement in the state, both houses of the Texas legislature passed a measure on April 27 that places a two-year moratorium on the creation of privately he
Publication Date: 02 May , 2007
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Sen. Landrieu Releases Hold on Corps Chief's Nomination - ENR | McGraw-Hill Construction
Sen. Mary L. Landrieu (D-La.) is lifting the month-long “hold” she had placed on President Bush’s nominee to head the Army Corps of Engineers, Lt. Gen. Robert L. Van Antwerp, Jr. Landrieu's action, which came after a meeting wi ...
Publication Date: 30 April , 2007
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Vitter Releases 'Hold' on Corps Nominee - ENR | McGraw-Hill Construction
One of the two Senate ‘holds’ blocking action on President Bush’s nominee to head the Army Corps of Engineers has been lifted. Sen. David Vitter (R-La.) announced April 27 that he had rem
Publication Date: 28 April , 2007
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Senate Passes Iraq Bill, But Margin Isn't Veto-Proof - ENR | McGraw-Hill Construction
President Bush and Democratic congressional leaders drew closer to a showdown over the Iraq war as the Senate and House approved a $124-billion spending measure that provides more aid to continue the war a
Publication Date: 26 April , 2007
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House Passes Bill Authorizing $15 Billion for Corps Projects- ENR | McGraw-Hill Construction
The next step for a long-delayed Water Resources Development Act is Senate- floor action, after the House approved its version on April 19 with a strong 394-25 vote. But the White House strongly opposes th
Publication Date: 25 April , 2007
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Veto Looms for Iraq Spending Bill That Includes Construction Funds - ENR | McGraw-Hill Construction
House and Senate negotiators have reached agreement on a $124.3-billion spending package, which includes $99.5 billion for the U.S. military to fight the wars in Iraq and Afghanistan, and also several bill
Publication Date: 25 April , 2007
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Senate, House Agree on $4.8-B Small Business Tax Break - ENR | McGraw-Hill Construction
The chairmen of the House and Senate tax-writing committees have agreed on a $4.8-billion compromise package of tax breaks for small businesses, which they plan to attach to legislation raising the federal
Publication Date: 23 April , 2007
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House Passes $15-Billion Water Resources Bill - ENR | McGraw-Hill Construction
The House has approved a $15-billion measure that would authorize funds for dozens of Army Corps of Engineers water projects, but the White House opposes the bill, contending it is too costly.
Publication Date: 20 April , 2007
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Legal Actions Test Turnpike Authority in Massachusetts- ENR | McGraw-Hill Construction
The Massachusetts Turnpike Authority, a quasi-public agency that manages the $14.6-billion Central Artery/Tunnel program, is abuzz with legal activity.
Publication Date: 18 April , 2007
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Tropicana Pact Set at $101 Million- ENR | McGraw-Hill Construction
With a lengthy trial set to start in less than two months, litigants  in the 2003 partial collapse of the Tropicana resort garage in Atlantic City, N.J., agreed to a $101-million settlement.
Publication Date: 18 April , 2007
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CEMEX Faces Antitrust Order in Hostile Takeover of Rinker- ENR | McGraw-Hill Construction
After five months of tough mudslinging, Mexican cement giant CEMEX has reached a tentative agreement to buy Sydney, Austrialia-based rival Rinker Group for $15.3 billion in cash. But it may have to sell $5
Publication Date: 18 April , 2007
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California Court Underscores Quality-Based Design Criteria - ENR | McGraw-Hill Construction
The California Supreme Court has affirmed an appeals court decision and ruled that the quality-based selection procedure used by the California Dept. of Transportation was legal under state law. The ruling
Publication Date: 18 April , 2007
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CEMEX Cements Rinker Buy-out with $15.3-billion Cash Offer - ENR | McGraw-Hill Construction
Mexican cement giant CEMEX S.A.B. de C.V., after five months of wrangling and mudslinging, has reached a tentative acquisition agreement with rival Sydney-based Rinker Group Ltd. for $15.3 billion. The hos
Publication Date: 16 April , 2007
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Diverse Base Should Keep Irvine Booming - ENR | McGraw-Hill Construction
Irvine must be a great place for a business meeting.
Publication Date: 15 April , 2007
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New Jersey Reports Problems, Progress - ENR | McGraw-Hill Construction
Officials of New Jersey's troubled $6-billion school construction program claim that fixes made in 2006 have improved processes and project completions. Other observers say more work could be deferred and
Publication Date: 11 April , 2007
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Scientists Plot Elusive 'Glue' Deep Inside Portland Cement- ENR | McGraw-Hill Construction
The world’s most widely manufactured material—concrete—is jumping on the nanotechnology bandwagon. Scientists who have peered into the building blocks of the mysterious substance say it i
Publication Date: 11 April , 2007
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Hardin Expands Lawsuit Against Centex Construction Over Defections - ENR | McGraw-Hill Construction
Hardin Construction Co. has filed a lawsuit against Centex Construction Co., now known as Balfour Beatty Construction, claiming that several high-level Hardin employees in the company’s Atlanta offic
Publication Date: 10 April , 2007
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Milcon Confab Crowd Decries Funding Delay - ENR | McGraw-Hill Construction
The politically-linked uncertainties of federal budgeting, the fast-changing military mission globally and strong construction market draws elsewhere are putting the squeeze on U.S. Defense Dept. building
Publication Date: 04 April , 2007
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Jacobs Engineering-Edwards and Kelcey Link Sends Signal - ENR | McGraw-Hill Construction
In another indication that increasing industry consolidation will have a big impact on mid-sized firms, Jacobs Engineering Group Inc. has announced its intent to acquire Edwards and Kelcey, the Morristown,
Publication Date: 02 April , 2007
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Education Construction Turns Upward - ENR | McGraw-Hill Construction
After falling for three years from the previous peak in 2001, U.S. education sector construction starts are once again on a robust upward trend. A yet-to-be-released report from McGraw-Hill Construction&rs
Publication Date: 02 April , 2007
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Stalled Immigration Reform Worries General Contractors- ENR | McGraw-Hill Construction
The Associated General Contractors of America could not have picked a more appropriate place to hold its annual meeting. San Antonio is inside a state that one member calls “ground zero” for im
Publication Date: 02 April , 2007
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'Deficiencies' Cited at BP Site in Final Report on Fatal Blast - McGraw-Hill Construction | ENR
The U.S. Chemical Safety Board blamed costcutting and budget pressures at BP for the explosion two years ago that killed 15 contractor workers and injured 180 people at the firm’s Texas City, Texas,
Publication Date: 26 March , 2007
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Firms Eye Billions in Expansion Work at Panama Canal - McGraw-Hill Construction | ENR
The Panama Canal Authority on March 9 provided a rough bid timeline for the $5.2-billion expansion of the canal. The contracts will include dredging on both ends, dry excavation of the new Pacific-side cha
Publication Date: 26 March , 2007
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Hybrid Work Trucks Juice Up After Lengthy Field Tests - McGraw-Hill Construction | ENR
Construction trucks powered by diesel-electric motors are hitting the street like a turtle in a race: Slow and steady. But the fuel-sipping rigs already are winning the hearts of fleet owners looking to cu
Publication Date: 26 March , 2007
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House Approves $124-B Spending Bill with Billions for Construction - ENR | McGraw-Hill Construction
The House has narrowly passed a $124-billion supplemental spending package, with most of the funds going to the Dept. of Defense to continue the military effort in Iraq and Afghanistan, and at least $3.9 b
Publication Date: 23 March , 2007
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Jacobs Engineering Set to Acquire Edwards and Kelcey - ENR | McGraw-Hill Construction
In another industry consolidation move, Jacobs Engineering Group Inc., Pasadena, Calif., announced March 22 that it has signed a letter of intent to acquire Edwards and Kelcey, the Morristown, N.J.-based t
Publication Date: 22 March , 2007
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Acquisition by Quanta Followed Exit of Key Infrasource Investor - McGraw-Hill Construction | ENR
The exit of Infrasource Inc.'s private equity investor last year planted the seeds of the March 19th announcement of Quanta Services Inc.’s acquisition of Infrasource, an all-stock transaction valued
Publication Date: 20 March , 2007
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Immigrant Workers Under Fire Despite Construction Needs - McGraw-Hill Construction | ENR
Despite construction’s desperate need for workers, state laws increasingly are targeting immigrant labor. Hispanic workers accounted for two out of every three new construction jobs in 2006, says Rak
Publication Date: 19 March , 2007
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Owners Weigh Risks to Future Capital Programs - McGraw-Hill Construction | ENR
Project owners worry about the shrinking contractor pool, rising construction costs and their ability to manage and execute jobs, says a survey by management consultant KPMG International. The poll is base
Publication Date: 19 March , 2007
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Prosecutors: Retired PBSJ Chairmen Concealed Illegal Donations - McGraw-Hill Construction | ENR
Federal prosecutors have charged two retired chairmen of PBSJ Corp. with making and orchestrating ways to conceal illegal campaign donations.
Publication Date: 16 March , 2007
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Lawyer Advises Owners to Consider Cost of Risk Early in Job- McGraw-Hill Construction | ENR
There’s lots of room for improvement in how project owners approach risk, says Gregg Bundschuh, a lawyer with insurance broker and risk consultant Ames & Gough, Atlanta. He says the cost of an un
Publication Date: 12 March , 2007
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Publicly Traded Industry Firms Reporting Stellar Results- McGraw-Hill Construction | ENR
Publicly traded engineering firms and contractors had an exceptional year in 2006, with one company calling the market for 2007 “white hot.”
Publication Date: 12 March , 2007
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Winners Will Receive $4.5 Billion for Roads - McGraw-Hill Construction | ENR
The California Transportation Commission reached deeper into its pockets and announced a new group of winners and losers for the pot of $4.5 billion in transportation funds. The pot funds projects eligibl
Publication Date: 12 March , 2007
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Amputee Loses Claim Against Maker of a Sling that Broke - McGraw-Hill Construction | ENR
A plumber who lost an arm when a heavy precast lid broke through a sling has lost his claim against the company that made the sling.
Publication Date: 05 March , 2007
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Road Subcontractor Cleared in Traffic-Cone Auto Accident - McGraw-Hill Construction | ENR
An electrical subcontractor on a road construction project could not be held responsible for an auto accident on the road because the company demonstrated that it was not performing work near the accident
Publication Date: 05 March , 2007
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Brazil's Local Contractor Giant Reaches Out to Spur Growth - McGraw-Hill Construction | ENR
São Paulo, Brazil – In the past seven decades, Brazilian construction giant Camargo Corrêa has made its name building dams in its home country - almost 50 total. To better handle the fut
Publication Date: 26 February , 2007
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CM Profit is Down, But Demand is Up - McGraw-Hill Construction | ENR
Construction and program management firms boosted their project fees in 2007 but are losing ground to rising costs, according to a new industry survey.
Publication Date: 26 February , 2007
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Dodge Rolls Out Medium-Duty Rams - McGraw-Hill Construction | ENR
An important part of DaimlerChrysler’s plan to turn around the ailing Chrysler Group is to build on its strength in producing commercial-grade trucks. This year marks Dodge’s return to the medi
Publication Date: 26 February , 2007
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Toyota Slips All-American Tundra into Half-Ton Mix - McGraw-Hill Construction | ENR
Changing minds is not always easy, especially when it comes to pickup trucks. So Toyota Motor Corp.’s latest bid to pick up sales is about as bold as sneaking onto the jobsite and refilling all the c
Publication Date: 26 February , 2007
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House Committee Puts Spotlight on Iraq Contracting - McGraw-Hill Construction | ENR
House Democrats, now in the majority, are homing in on potential abuses in Iraq war spending, including a focus on contractors. Separately, the Dept. of Justice announced an indictment of three former U.S.
Publication Date: 19 February , 2007
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Net at Fast-Growing AECOM Slipped a Bit in Fiscal 2006- McGraw-Hill Construction | ENR
AECOM Technology Corp.’s first public financial disclosure in three years shows that the design giant’s net income fell slightly in fiscal 2006. AECOM reported net income of $53.7 million in th
Publication Date: 19 February , 2007
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The Housing Market Is Slow But Big Builders' Show Bustles - McGraw-Hill Construction | ENR
The homebuilding market may be in a slump, but you would never know it by the activity of the 100,000 attendees at the International Builders’ Show in Orlando. There was a seemingly passionate search
Publication Date: 19 February , 2007
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