A new report by management and consulting firm FMI says construction-put-in-place (CPIP) could top $1 trillion in 2014. The management consulting and investment firm’s 2013 U.S. Markets Construction Overview with construction-put-in-place at the end of 2012 expected to be between $826-$884 billion, CPIP growth rates are slightly ahead of GDP in 2013 and 2014. To purchase the annual report, visit www.fminet.com/resources.
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging