People please pay attention to this.. We are not out of the woods yet.
From CNNMoney.com (U.S.):
The next real estate collapse.
When the FDIC closed Chicago’s Corus Bank last month, it may have signaled the beginning of the next shock to the banking system: commercial real estate defaults.
Project lead for sub-contractors..
From Daily Journal of Commerce (OR):
Andersen-WCC wins contract for NOAA project
Andersen-West Coast Contractors has been selected to enter a preconstruction contract with the Port of Newport to serve as Construction Manager/General Contractor for the National Oceanic and Atmospheric Administration’s marine operations center planned for Newport.
» Read more: Oregon:-Andersen-WCC wins contract for NOAA project #projectlead
From Reuters (US):
USG posts bigger loss, says market remains weak
Building products maker USG Corp (USG.N) reported a larger quarterly loss on Wednesday and said the near-term outlook remains weak, sending its shares down 6 percent.
» Read more: U.S.-USG posts bigger loss, says market remains weak
Project lead for sub-contractors…
From biztimes.com (WI):
Groundbreaking held for new Waukesha Wal-Mart
A groundbreaking ceremony was held Monday to celebrate the start of construction of a new, 177,557-square-foot Wal-Mart Supercenter store at South West Avenue and Highway 59 in Waukesha.
The general contractor for the construction project is Elmhurt, Ill.-based International Contractors Inc.
Project lead for General Contractors
From Los Angeles Business Journal (TX):
Jacobs Awarded Construction Management Contract on two projects in San Antonio
Jacobs Engineering Group Inc. said Tuesday that it received a contract to provide program management services for the design and construction of two large health care facilities in San Antonio, Texas.
Encouraging news from Caterpillar.
From Reuters (US):
Caterpillar Reports Third-Quarter Profit and Raises 2009 Profit Outlook
“We believe the third quarter marked the low point for Caterpillar sales and revenues in what has been the toughest recession since the 1930s. We are seeing encouraging signs that indicate a recovery may be underway”
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