INFRASTRUCTURE

LICKING COUNTY, OHIO - News came today from Intel confirming formally that the company has indeed ruled out Texas' bid and will lay foundations in Ohio. An initial investment of more than $20 billion has been announced by Intel for the development of two new cutting-edge chip facilities.In order to address the growing demand for advanced…

United States Of America - The historic Bridge Replacement, Rehabilitation, Preservation, Protection, and Construction Program (Bridge Formula Program), which was made possible by President Biden's Bipartisan Infrastructure Law, was officially inaugurated today by the United States Department of Transportation. The program, which will be…

The project would be built along the existing Bay Ridge Connector, a 14-mile freight line that extends from Bay Ridge, Brooklyn, to Jackson Heights, Queens. It would create a new transit option for close to 900,000 residents of the neighborhoods along the route, along with 260,000 people who work in Brooklyn and Queens.

New York, New York - ARCADIS, The New York City Economic Development Corporation and Mayor's Office of Climate Resiliency released the Financial District and Seaport Climate Resilience Master Plan to get ahead of climate change and protect Lower Manhattan. An expansive floodwall system that also serves as open public space is part of a…

HOUSTON, TEXAS - Satterfield & Pontikes Construction Inc.(www.satpon.com) (S&P), a leading construction company in the U.S., has announced its purchase of Dallas/ Fort Worth-based Eagle Contracting, LP, a well-known general contractor specializing in the water and wastewater business. The merger of the two privately held companies…

United States Of America - Copper futures fell to $4.2 per pound, the lowest level in nearly ten weeks, as inventories increased and investors reduced risk exposure in anticipation of the US Fed announcing a faster end to its bond-buying program. On-warrant LME inventories in certified warehouses increased to 82,850 tons, the highest level in…

Washington, D.C. - What Is In The Infrastructure Bill In My State?The United States Department of Transportation today released state-by-state fact sheets outlining how the historic Bipartisan Infrastructure Act will benefit communities across the country by repairing roads and bridges, improving transportation options, establishing a national…

United States Of America - Sand & Salt is next on the agenda to stretch the budgets of Department of Transportation Agencies, Towns, Contractors, Housing Co-Ops, And Developers. As the US's first wave of ''winter conditions" contracts start to roll in we are seeing what we expected. End users of sand and salt should expect to see increases of…

Washington, D.C. - Crypto clauses have been under the microscope now that the bill is law and crypto stocks have seen the hit across the board. The new Infrastructure Investment and Jobs Act has been signed into U.S. law by President Joe Biden and embedded within it, cryptocurrency has been targeted. The funding package is set to increase the tax…

Washington, D.C. - As of November 15, 2021, the modernized Infrastructure Investment and Jobs Act has been signed into American law. Significant investment will be centralized around U.S. transportation networks, broadband transmission, and public works projects. President Biden’s act is set forth to combat the country’s aging infrastructure…

Los Angeles, California - Port Of Los Angeles may have received some good news today as CMA CGM has agreed to acquire Los Angeles terminal operator Fenix Marine Services, significantly expanding its footprint in the Los Angeles-Long Beach port complex. The carrier group already owns a 10% stake in the box facility and will acquire the remaining…

California, United States of America - The Wall Street Journal reported that shipping delays have increased and cargo has piled up at California ports as Nike struggles to sell enough sneakers for the holidays, Costco has imposed limits on paper towel purchases, and prices for artificial Christmas trees have increased 25% this season. The…

Washington, D.C. ­­­­­­­­­­­­­­­­- The Infrastructure Bill has been delayed yet again, even prompting a much needed Saturday Night Live parody . The delays are almost certain given the diverse politicians, current volatile economy and technology's rapid evolution. The exact fate of the Infrastructure Bill and its eventual outcome remain…

Montgomery, Alabama - Alabama has abandoned previous plans to privatize prisons, and Gov. Kay Ivey and lawmakers celebrated Friday afternoon as the governor signed legislation authorizing the state to spend $1.3 billion on two new 4,000-bed men's prisons. A smaller women's prison and upgrades to some existing prisons are planned for the future.…

New York, New York - As Broadway reopens and we forgot about covid for a while SNL brought us a much needed comic relief to our infrastructure bill woes and economic situation here in the U.S. With the recent never ending delays in passing bills a little humor is unavoidable. We thought we would bring the AEC community a much needed Sunday…