January Construction Slides 13 Percent

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which was the third highest month for total construction starts during 2013.

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Metso To Open New Southwest Facility

As part of its global expansion plan for its industry-leading services center network, Metso announced plans to build a state-of-the-art service and repair facility in Mesa, Ariz. The new facility will be integrated with existing Metso operations in the area and is expected to be operational during the fourth quarter of 2014.

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ARTBA Issues Warning to Pennsylvania Officials

Cutting highway and bridge work by 25 percent in any given year, and then sustaining it in the years ahead, would cost Pennsylvania $1.25 billion in lost economic activity over a five-year period and put as many as 9,600 jobs permanently at risk, the American Road & Transportation Builders Association’s (ARTBA) chief economist told state lawmakers at a July 31…

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