Markets
Energy Pipeline Construction, Market Trends
The COVID-19 crisis has dramatically affected oil and gas production and demand, leaving no midstream oil and gas markets untouched as drilling screeched to a halt, pipeline projects were sidelined and global storage neared capacity in a stark reversal of trends at the start of 2020.
Utility & Communications Construction Update
The spread of the coronavirus has upended almost every staple of U.S. life, and businesses have no sense of what the next two weeks, much less the next two months, could look like. With these themes as the backdrop, there are some takeaways we can share for planning the next six months, as we consider both oil and the spread of the coronavirus.
CenterPoint Energy to Sell Miller Pipeline and Minnesota Limited to PowerTeam Services
CenterPoint Energy has announced an agreement to sell Miller Pipeline and Minnesota Limited to PowerTeam Services for $850 million in cash, subject to customary price adjustments.
UC Survey Reveals Major Trends for Underground Infrastructure
A comprehensive survey of our readers has provided a unique snapshot of market expectations for future underground construction trends. Topping the list: More trenchless applications and HDD.
Toro Sells MTI Equipment Business Acquired in CMW Acquisition
Making good on a promise to streamline its product and services portfolio after acquiring Charles Machine Works, The Toro Company has shed CMW's pre-owned construction equipment business by selling MTI Equipment back to its founders.
Trump Says He’ll Push for $200 Million for Everglades Work
President Donald Trump says his administration will seek $200 million for federal work on watershed restoration in the Everglades this year.
Hoffman Southwest Expands Nationally Via Tri-State Acquisition
Hoffman Southwest acquired Chesapeake, Virginia-based Tri-State Utilities in a transaction that creates a national presence through the combination of two major underground infrastructure firms on the East and West coasts.
- Editor’s Log: Blame Game
- Biden asks Congress for $500 million to modernize underground oil reserves
- Michigan receives $500 million investment to rebuild water infrastructure
- RehabZone Embraces Modern, Exciting Technology
- Ohio agrees to spend $85 million in effort to reduce sewage discharge into Lake Erie, Rocky River