Articles by Neil Gerrard

Jury concludes that Caterpillar owes $100m to importer amid US lawsuit
Published on: 19 April, 2024
A jury in the US has concluded that Caterpillar must pay $100 million to an importer, following a legal dispute between the two companies.
Friday round-up: Cat’s AI predictions, huge Saudi opportunities, Volvo’s tough Q1
Published on: 18 April, 2024
This has been a week dominated by a couple of recurring themes: technology’s growing influence on construction; Saudi Arabia’s huge ambitions to build iconic projects.
The 5 most-read stories on Construction Briefing (week ending 19 April 2024)
Published on: 18 April, 2024
At the end of another busy week in construction, here’s a quick rundown on the 5 most read stories of the last 7 days.
Engineering firm wins contract to install electrics and instruments at Hinkley Point C nuclear plant
Published on: 17 April, 2024
UK-based engineering company BGEN has won an £84 million (US$104.8 million) deal to install electrical and instrumentation packages on the Hinkley Point C nuclear power plant in Somerset.
Vinci buys Edinburgh airport, promises further development
Published on: 17 April, 2024
Vinci’s airports concessions business has acquired a majority shareholding in the company that owns the freehold of Edinburgh Airport for £1.3 billion (US1.6 billion).
What makes construction projects in the UK so unusually expensive?
Published on: 16 April, 2024
London is currently the most expensive city in the world in which to build, pipping Geneva in Switzerland to take the top spot in the 2024 Arcadis International Construction Costs (ICC) report.
Neom shares details of future opportunities with over 100 global contractors
Published on: 15 April, 2024
Over 100 contractors from around the world have gathered at Saudi Arabia’s Neom to be briefed on the progress of construction works and future opportunities in the special economic zone.
Heavy rain hampers construction output in Great Britain
Published on: 12 April, 2024
Construction output fell 1.9% in Great Britain in February as companies struggled with difficult site conditions amid heavy rainfall.
9 of the world’s biggest seaport projects under construction
Published on: 12 April, 2024
Construction Briefing dives into nine of the most significant ongoing seaport construction projects, exploring their scale, cost, and the companies involved.
Skanska’s CFO to depart after 18 years
Published on: 11 April, 2024
Swedish construction group Skanska has announced that its chief financial officer Magnus Persson is to leave the business after 18 years.
Plans to build Saudi Arabia’s 170km linear city the Line ‘scaled back’
Published on: 11 April, 2024
Saudi Arabia is planning to scale down a project to build a 170km-long megacity called the Line, according to reports.
What the construction industry wants from the European elections
Published on: 11 April, 2024
What do the CECE and FIEC manifestos tell us about what the construction industry wants from June’s European elections?
Singapore’s Marina Bay Sands to start construction of hotel tower and 15,000-seat arena by 2025
Published on: 10 April, 2024
Singapore’s Marina Bay Sands has unveiled plans for a new luxury hotel tower with a sky roof and a 15,000-seater entertainment arena as part of a multi-billion-dollar expansion.
Ferrovial to design and build 62MW solar plants in Spain
Published on: 10 April, 2024
Infrastructure company Ferrovial will design ad build two photovoltaic plants capable of producing a combined 62MWp (megawatt peak) in Matalebreras, Spain.
Balfour Beatty locks up £209 million net zero prison deal
Published on: 10 April, 2024
UK-based Balfour Beatty has won a contract to build a £209 million (US$265 million) net zero prison for the Scottish Prison Service.
Photos | Liebherr crawler crane takes charge of dredging in Arctic airport build
Published on: 09 April, 2024
Danish contractor Munck Civil Engineering is carrying out dredging work ahead of the construction of two new airports in Greenland, with the help of a Liebherr crawler crane.
Taiwan chip manufacturer TSMC to build third semiconductor fab in Arizona
Published on: 09 April, 2024
Taiwanese chip manufacturer TSMC has revealed plans to build a third semiconductor fab in Phoenix, Arizona, bringing its total expenditure on its factories there to more than US$65 billion.
‘Safest’ construction company in the US named
Published on: 09 April, 2024
A Texas-based construction firm has taken the title of the USA’s safest company in an awards ceremony organised by the Associated General Contractors of America (AGC).
UK firm’s solar fence panels promise to generate 425 watts each
Published on: 08 April, 2024
UK-based Jacksons Fencing has launched a new solar fence panel, with each one capable of generating 425 watts.
How much are the world’s biggest construction OEMs spending on R&D?
Published on: 08 April, 2024
What are the world’s 10 biggest construction equipment manufacturers spending on research and development?
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