The Chemours Company will locate its global headquarters in Wilmington, DE. Chemours began evaluating headquarters
options more than 6 months ago with Delaware, New Jersey and Pennsylvania all under active consideration. Recent changes to Delaware’s corporate tax structure were key comp...
ValvTechnologies, Inc. recently achieved NUPIC-approved suppliers list status, upon successful completion of the Nuclear Procurement Issues Committee (NUPIC) audit
at the Houston facility. NUPIC members include all domestic U.S. nuclear utilities as well as several international members.
On Monday, Bureau of Safety and Environmental Enforcement (BSEE) director Brian Salerno held a press conference aimed at oil & gas regulators. The
he wanted to draw attention to is the failure of bolts in offshore drilling equipment such as blowout preventers. This problem, Salerno says, has...
Renewable electricity generation has surpassed levels from previous years in every month so far this year, according to the U.S. Energy Information Administration (
). Both hydroelectric and non-hydroelectric renewables have contributed to this trend, but in different ways. On the West Coast, hydr...
A new report from the Brookings Institution finds that high-tech advanced manufacturing bucked both global economic challenges and the longstanding shrinking of the traditional manufacturing sector over the last two years. While job losses were felt in other pockets of the production sector, advance...
Texas factory activity increased in August, according to business executives responding to the
Texas Manufacturing Outlook Survey
. The production index, a key measure of state manufacturing conditions, came in at 4.5 after a near-zero reading in July, suggesting output picked up this month.
Even with the myriad of obstacles preventing a full scale recovery for the overall U.S. economy, the design and construction industry appears to have reasons to be at least modestly optimistic in the coming months and into next year. A sharp spike in demand for industrial facilities so far this year, along with sustained demand for hotels and retail projects factors into what projects to be a 4.4% rise in spending this year for nonresidential construction projects – up from a projection of a 2.1% increase in the January Consensus Forecast. The American Institute of Architects (AIA) semi-annual Consensus Construction Forecast, a survey of the nation’s leading construction forecasters, also projects a 6.2% increase of spending in 2013.