OBERHELMAN PENS OP-ED ON INFRASTRUCTURE AND RISKS TO U.S. COMPETITIVENESS

OBERHELMAN PENS OP-ED ON INFRASTRUCTURE AND RISKS TO U.S. COMPETITIVENESS

In a July 10 opinion article headlined, “Congress must move on the Highway Trust Fund,” Caterpillar Chairman and CEO Doug Oberhelman outlined the risks to U.S. competitiveness if Washington’s leaders can’t fix short and long term infrastructure funding issues.

“American companies implement just-in-time inventory and on-demand supply chains. We produce vehicles and machines with greater fuel efficiency and lower carbon emissions. We lead the world in innovation, inventing better products and better processes,” Oberhelman wrote. “We unleash all this creativity, and ...

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5 Tips for Hiring Military Veterans at Your Construction Company

5 Tips for Hiring Military Veterans at Your Construction Company

by: Tom Jackson l Source: www.equipmentworld.com

The economy is growing and construction contractors are scrambling for new employees. According to the Bureau of Labor Statistics, construction employment is expected to grow by 1.84 million jobs or 33 percent by 2020.

At the same time there are thousands of technically proficient people exiting the military every year and their numbers are expected to swell over the next five years as budget cuts reduce the size of ...

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Built Assets Added $27.1 Trillion to Global GDP in 2013, New Study Says

Built Assets Added $27.1 Trillion to Global GDP in 2013, New Study Says

By: By Debra K. Rubin l Source: enr.construction.com

Built assets in 30 countries generated $27.1 trillion in global income to the world’s gross domestic product, according to a study released May 14, which says the nations studied make up 82% of global GDP.

The research—which tracked income generated by buildings, infrastructure and other fixed assets—notes that the dollar total amounted to 40% of GDP, on average, in the countries studied, which are both developed and emerging economies.

The Global Built Asset ...

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Fourteen Teams Eye $4.4-Billion Mumbai Metro Job

Fourteen Teams Eye $4.4-Billion Mumbai Metro Job

By: Neelam Mathews l Source: enr.construction.com

Fourteen teams are vying for prequalification for the $4.4-billion Mumbai Metro-Line 3 project, which will entail $2.6-billion in civll work, including potentially complex tunneling through coastal and cultural areas of Mumbai.

Afcons-KMB, CEC-ITDCEM-TPL, CTCEG-PIIPL, Dogus-Soma, IL&FS-CR25G, J Kumar-CRTG, L&T-STEC, Mosmetrostroy-HCC, OHL-SKE&C, Pratibha Industries-GDYT, Sacyr CMC ESSAR, Salin Impregilo-Gammon, STRABAG-AG-Patel and Unity-IVRCL-CTG submitted prequalification bids in Februrary. The tender is scheduled for release by July with the contract to be awarded by January 2015, according ...

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New Study Says Infrastructure Already Feels Climate Change’s Impact

New Study Says Infrastructure Already Feels Climate Change’s Impact

By: Pam Hunter
Source: enr.construction.com

A new White House-sponsored report concludes that climate change already is having an impact throughout the United States, with infrastructure feeling some of the effects, and says urgent action is needed to ensure that catastrophic results don’t materialize.

The third U.S. National Climate Assessment (NCA), which the White House released on May 6, says that rising sea levels, heavy downpours and extreme heat are damaging infrastructure of all types—including roads, rail lines and airport runways. ...

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