More Than One-Third of Maine’s Bridges Structurally Deficient

More than one-third of Maine’s bridges are structurally deficient or functionally obsolete, with bridge conditions projected to worsen in the future if additional funding is not made available, according to a new report released by TRIP, a Washington, D.C.- based national transportation organization.

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Housing Recovery to Pick Up Steam in 2016

Steady employment and economic growth, pent-up demand, affordable home prices and attractive mortgage rates will keep the housing market on a gradual upward trend in 2016. However, persistent headwinds related to shortages and availability of lots and labor, along with rising materials prices are impeding a more robust recovery, according to economists who participated in the recent National Association of…

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House Committee Passes Transportation Reauthorization

The House Transportation and Infrastructure Committee unanimously approved the Surface Transportation Reauthorization and Reform (STRR) Act of 2015 (H.R. 3763), a bipartisan, six-year surface transportation bill to reauthorize and reform federal highway, transit, and highway safety programs.

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ConExpo Latin America Has Strong Debut

The Association of Equipment Manufacturers (AEM) strategic focus on the Latin American market took a giant step forward with the debut of ConExpo Latin America in Santiago, Chile, Oct. 21-24. ConExpo Latin America offered attendees 40,000 sq. meters of exhibits, education and networking, including more than 300 exhibitors from around the world. Nearly 32,600 registrants from more than 90 countries attended the event,…

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New Construction Starts in September Slip 5 Percent

The value of new construction starts in September dropped 5 percent from the previous month to a seasonally adjusted annual rate of $523.7 billion, according to Dodge Data & Analytics. Decreased activity was reported for both nonresidential building and housing, while the nonbuilding construction sector managed a partial rebound after its August decline.

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Lehigh Hanson Names New President, CEO

Lehigh Hanson Inc. named Jon Morrish to succeed Daniel M. Harrington as the company’s president and chief executive officer. Harrington will retire after more than 20 years of service with the company. Harrington has held the position of president and CEO since Jan. 1, 2010. Under his leadership, Lehigh Hanson successfully managed through one of the worst economic downturns in recent…

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