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Capital Goods Construction and Engineering

  • Sept 20- U.S. homebuilder Lennar Corp reported a 13.7 percent rise in quarterly revenue, boosted by strong home sales and higher prices. The company's revenue rose to $2.83 billion in the third quarter ended Aug. 31 from $2.49 billion a year earlier. Net income attributable to Lennar's shareholders rose to $235.8 million, or $1.01 per share, from $223.3 million, or...

  • Sept 19- New Jersey's Stockton University is ramping up plans, including a bond sale this week, to build a $178 million campus in Atlantic City, the state's financially distressed gambling hub. The Atlantic County Improvement Authority will issue nearly $128 million of municipal bonds on Thursday for Stockton University to fund construction of a new campus in...

  • NEW YORK/ CANNON BALL, NORTH DAKOTA, Sept 19- A potential rerouting of a long-anticipated pipeline at the center of a protest in North Dakota would be a laborious and costly task, possibly delaying a startup by months and provoking further opposition from Native American and environmental groups who were instrumental in halting construction.

  • SAO PAULO, Sept 16- Viver Incorporadora& Construtora SA filed for bankruptcy protection on Friday, becoming the first listed Brazilian homebuilder ever to seek an in-court reorganization amid a harsh recession, tough refinancing conditions and slumping home prices. In a securities filing, Viver said management and advisers, led by Alvarez& Marsal Holdings...

  • *Westinghouse expects to build tens more in China. LONDON, Sept 16- Toshiba-owned nuclear reactor manufacturer Westinghouse expects to connect its first 1,000 megawatt medium-sized nuclear reactor to the grid in China early in 2017 and sees the country building a fleet of them in coming years. Four AP1000s are under construction in China, and when the first...

  • *Westinghouse expects to build tens more in China. LONDON, Sept 16- Toshiba-owned nuclear reactor manufacturer Westinghouse expects to connect its first 1,000 megawatt medium-sized nuclear reactor to the grid in China early in 2017 and sees the country building a fleet of them in coming years. Four AP1000s are under construction in China, and when the first...

  • LONDON, Sept 15- China General Nuclear Power Corp will submit a design proposal for a nuclear reactor it wants to build at Bradwell to British authorities "pretty soon", a source familiar with the situation said on Thursday. The source was speaking after the British government gave the green light for French utility EDF to build a new nuclear plant at Hinkley, in...

  • LONDON, Sept 15- The world nuclear industry aims to build about 1,000 gigawatts of new nuclear reactor capacity by 2050, World Nuclear Association Director-general Agneta Rising said on Thursday. Rising said the UK government's decision to go ahead with the 3. 2 GW Hinkley Point project is an important boost for the industry. "We congratulate the UK government...

  • PRESS RELEASE- UK GOVT STATEMENT ON EDF HINKLEY POINT DEAL@. PARIS, Sept 15- Below is the text of a UK government statement announcing a new deal with French utility EDF for the construction and operation of the Hinkley Point C nuclear project in southwest England. However, ministers will impose a new legal framework for future foreign investment in Britain's...

  • LONDON, Sept 14- Building and construction group Galliford Try said sales rates and prices at its housing division have risen since Britons voted to leave the European Union, echoing sentiments from several other British builders. The firm, which posted a slightly better-than-expected 18 percent rise in pre-tax profit to 135 million pounds in the year to the...

  • NITRA, Slovakia, Sept 13- Luxury carmaker Jaguar Land Rover has picked Japanese firm Takenaka and Czech company Vces, part of Bouygues group, as subcontractors for the Slovak factory it started building on Tuesday, the company said. The project is a boost to Slovakia, one of the poorest but fastest growing euro zone countries with a heavy focus on manufacturing.

  • PARIS, Sept 13- Alstom will go ahead with plans to shut down manufacturing at its Belfort plant in eastern France, its CEO told staff on Tuesday, setting up a confrontation with the French government which vowed "everything will be done" to prevent that. The French engineering firm, which makes the country's TGV high-speed trains and is 20 percent controlled by the...

  • LONDON, Sept 12- State-controlled South Korean electric power utility KEPCO is closing in on investing in a 10 billion-pound project in Britain to construct a new nuclear power plant near Sellafield, northwest England, the Financial Times said on Monday, citing sources close to the negotiations. The Korea Electric Power Corporation has resumed talks about...

  • LONDON, Sept 12- State-controlled South Korean electric power utility KEPCO is closing in on investing in a 10 billion-pound project in Britain to construct a new nuclear power plant near Sellafield, northwest England, the Financial Times said on Monday, citing sources close to the negotiations. NuGen, a joint venture between Toshiba's U.S.-based nuclear...

  • *Spain edging closer to third election in a year. MADRID, Sept 9- Spain's convalescing construction sector was hoping to move on from a national economic crisis which at its height saw abandoned building sites and bankrupt infrastructure projects littering the landscape. His small Madrid- based company had a good run in recent months, winning contracts to...

  • OTTAWA, Sept 8- Canadian construction and engineering company SNC-Lavalin Group Inc, hit by a wide-ranging misconduct scandal in 2012, on Thursday said it had reached an agreement with authorities over illegal political donations. Corporations are not allowed to give money to political parties in Canada. The illegal donations totaled almost C $118,000 and...

  • The company also added Bill Pulte, the grandson of founder and largest shareholder William Pulte, to its board. Marshall will replace Richard Dugas, who announced his retirement in April, bowing to pressure from William Pulte. In July, William Pulte said in a letter to shareholders that the company had a lot of ground to cover, mainly on cost controls and home sales.

  • DUBAI/ RIYADH, Sept 8- The Saudi Arabian government has ended talks aimed at saving construction giant Saudi Oger, which is now facing the prospect of a multi-billion-dollar debt restructuring to stave off collapse, according to sources aware of the matter. Oger, owned by the family of former Lebanese Prime Minister Saad Hariri, was one of two mega-contractors...

  • One Belt, One Road off the drawing board soon: AECOM

    AECOM's Sean Chiao talks about his company's role in China's One Belt, One Road project to improve infrastructure and connectivity in the region.

  • DENVER, Sept 6- The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. Eight years after the housing bust drove an estimated 30 percent of construction workers into new fields, homebuilders across the country are struggling to find workers at all...