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Basketball matchup on the gridiron

A coastal 12-mile stretch of highway in Floridas panhandle—a designated hurricane evacuation route prone to erosion—is gaining an innovative fix.

Company says it will need more manufacturing plants to reach  targeted EV battery production capacity, as a $4-billion electric vehicle battery assembly plant is advancing in De Soto, Kan.

Design is underway for the $1.7-billion Ballys Chicago gaming complex-resort project for entertainment firm Bally’s Corp., which received site plan approval in May.

Lithium-ion battery developer KORE Power Inc. will supplement the cost of a $1.25-billion advanced EV battery manufacturing plant underway in Buckeye, Ariz., with an $850-million conditional U.S. Energy Dept. loan, the agency said in June.

Company says it will need more manufacturing plants to reach  targeted EV battery production capacity, as a $4-billion electric vehicle battery assembly plant is advancing in De Soto, Kan.

Pay hikes for construction staff remain at a historically high rate, even as some sectors could see a future slowdown in project starts.

Prices for used construction equipment have continued to show signs of stabilizing over the last few months, a trend also seen in other heavy equipment categories.

ENR’s Construction Industry Confidence Index fell four points this quarter, to a rating of 40. Confidence in the current construction market is virtually unchanged, but execs have become more pessimistic about the short- and medium-term future.

Despite inflation, labor shortages and other troubles plaguing the construction industry, some sectors continue to thrive, but others face difficulties as demand for growth slows.