Boart Longyear Group Ltd., a provider of drilling services, drilling equipment and orebody-data-collection technology for mining and drilling companies, announced that its Geological Data Services division will now operate as a separate entity called Veracio. As a result of a decade of testing and development in sensing, automation and artificial intelligence (AI) technologies, Veracio’s technologies and platform is set to…
Read MoreDay: February 22, 2023
Total Construction Starts Fall in January; Highways Up.
Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20%, and nonbuilding starts declined by 16%. Highway and bridge starts rose 1%. Comparatively, total construction was 14% lower in January 2023 than in January 2022. Nonresidential building…
Read More