Dec 18, 2024 · The new airport is expected to significantly contribute to Dalian’s economy, a city already engaged in trade with Japan and South Korea due to its strategic location, according to the news agency.

Dec 24, 2024 · Builders FirstSource, a supplier of building products and prefabricated components, has announced a definitive agreement to acquire US-based Alpine Lumber.. Founded in 1963 in Englewood, Colorado, Alpine Lumber has grown into a 100% employee-owned company.

Dec 27, 2024 · The facility will produce 50,000 wafers monthly and is expected to be completed by 2026. The fab will utilise advanced AI systems and automation to manufacture microchips for industries such as automotive, AI, and wireless communications.

Nov 28, 2024 · Georgiou Group, with 875 employees, has an annual output of approximately A$1.3bn ($843m). The purchase price, despite not yet finalised, is expected to be in the low three-digit million euro range.

Dec 31, 2024 · Green cement offers a 30% reduction in carbon dioxide emissions, positioning it as an environmentally friendly option. Credit: kittirat roekburi/Shutterstock. Al Jouf Cement has approved the use of its green cement product, developed in partnership with Asas Al-Muhailb Company, in NEOM projects. The ...

Nov 29, 2024 · Heidelberg Materials North America president and chief executive officer Chris Ward said: “The acquisition of the GCHI assets will further strengthen our cementitious footprint in the growing Southeastern US and New England markets.”

Dec 10, 2024 · McDermott International has completed the sale of CB&I, a designer and builder of storage facilities, to a consortium of financial investors, led by Mason Capital Management, in an all-cash equity transaction.. Other investors in the consortium include IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and more.

Dec 16, 2024 · Skanska will include its share of the contract, valued at $336m, in the US order bookings for Q4 2024. This project will add two new express lanes along the median of I-15 over 17.4km, with toll facilities that are price-managed in both the north and south directions.

Mar 8, 2024 · Ceer, a joint venture (JV) between Saudi Arabia’s Public Investment Fund (PIF) and Foxconn, aims to bolster the country’s EV sector in line with its Vision 2030 goals for economic diversification, carbon emission reduction, and sustainable development.

Nov 26, 2024 · Financial advisory services for Summit are being provided by Morgan Stanley and Evercore while Davis Polk & Wardwell is serving as legal advisor.. Meanwhile, Quikrete has engaged Wells Fargo as its exclusive financial advisor, with Troutman Pepper Hamilton Sanders and Covington & Burling offering legal counsel. Wells Fargo has also committed to providing debt financing for the acquisition.