Business: Page 519

Construction News
Fed Airport Funds Only Meet 50% of Needs
$32 billion in project improvements will be required over the next five years, airports say
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Business
House Passes Bill to Improve, Strengthen Career and Technical Education
Strengthening Career and Technical Education for the 21st Century Act (H.R. 2353) is the first major overhaul of the program since 2006
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Business
OSHA Proposed Rule Could Modify Beryllium Standards Final Rule
Occupational Safety & Health Administration
Proposal provides construction industry new opportunity to comment on rule; rule will not be enforced until OSHA determines if amendments are needed
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Construction News
House, Senate Bills Propose Boost for Airport Construction Grants
Both bills propose a gradual increase to the FAA’s Airport Improvement Program grants
Construction News
LiuGong Names New North American Chairman
LiuGong Construction Machinery N.A. LLC
24-year construction equipment veteran will also serve as senior chief director of Guangxi LiuGong Machinery
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Construction News
AEM Wins Innovation Honors for ‘Tech Experience’ at CONEXPO-CON/AGG 2017
Association of Equipment Manufacturers (AEM)
Award recognizes organizations that distinguish themselves with innovative, effective and broad-reaching programs and activities that positively impact America and the world
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Construction News Tracker
[VIDEO] Trump Proposes Funding $25B in Rural Bridge, Road and Other Infrastructure
Pledge to use $25B of federal dollars to fund infrastructure projects is just one of a number of new proposals; plus more construction industry news on the June 22, 2017, edition of Construction News Tracker
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Business
NYC Creates Fund to Help Minority, Women-owned Construction Companies Compete
The Bond Collateral Assistance Fund will grant up to $500,000 in surety bonds for each city contract awarded to minority and women-owned businesses
Business
May New Construction Starts Up 1% on Public Works Strength
Dodge Construction Network
Public works construction bounced back 30% from its subdued April amount while nonresidential and housing both saw 4% declines
At a seasonally adjusted annual rate of $651.2 billion, new construction starts in May increased a slight 1% from April.
Business
China Named Top Buyer, Seller of US Commercial Real Estate
Realtors are confident that sales and leasing activity involving foreign investors will increase this year, as foreign money pursues smaller commercial properties
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Business
White House Says Foreign Investment is Key to Infrastructure Plan
Treasury’s Mnuchin says ‘Working with foreign investors is going to be a critical part of any plan we put forward,’ hoping $200 billion in spending will leverage $1 trillion in investment
Steven Mnuchin, Secretary of the Treasury
Fall Protection
Bridge Contractor Fined $189K After Two Workers Injured from Fall
Abhe & Svoboda Inc. was fined for nine safety violations including failing to protect workers from falls
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