Newforma acquired Toronto’s Lumi AI to answer plain-English questions on RFIs, submittals and email, pitching answers users can verify. Terms weren’t disclosed.
Valmont’s North America utility sales rose 23% in Q3 to $469.6 million as telecom fell about a third, and it’s raising prices to recover steel and zinc costs.
Comfort Systems USA’s backlog hit $17.81 billion at Sept. 30, up $3.8 billion in a quarter and nearly double a year ago, as Q3 revenue jumped 54% to $3.77B.
Commercial construction starts fell 18.4% in September, Dodge reports, but education and highway gains held total starts to a 1.5% dip at a $1.33 trillion rate.
Accenture bought Miami construction tech consultancy Avicado and its 190-plus staff for Accenture Construct, the owner-side unit it launched in September.
CDOT broke ground Oct. 19 on the $806M I-270 rebuild north of Denver. Kiewit has Phase 1’s eight bridges; Phases 2 and 3 still have no contractor named.
Four workers died when bolts on a steel connection plate failed during erection at TSMC’s Fab 22 site in Kaohsiung. TSMC halted steel work across Taiwan.
Craft shortages hit 62.6% of ENR’s Top 600 specialty contractors, up from 57.4%. Electrical, utility and mechanical firms report it most as power work booms.
UDOT asked FRA and FTA to assign it their NEPA duties for Utah rail and transit projects. The draft MOU is out for comment through Nov. 19. Here’s what moves.
The Architecture Billings Index fell to 44.7 in September from 47.2. Inquiries rose to 53.2 but new design contracts sat at 43.7, and backlogs are shrinking.
Timberlab made its first CLT panels at its Millersburg, Ore., plant and sent samples for APA certification as Stora Enso confirmed it will close CLT at Gruvon.
Good Carbon Co. installed a 3.75 MWh indoor battery at Buffalo’s 105-unit Peace Bridge Place, an all-electric affordable building. Fire testing is the story.
At Groundbreak 2026, Procore put a bulk submittal agent into production and launched AI Go, a voice app for crews. Procurement logs and glasses are still tests.
United Rentals’ specialty rental revenue rose 34.7% in Q3 while its general fleet grew 8.8%, and it raised 2026 guidance on momentum it sees in large projects.
Halmar finished new elevators at 161st St-Yankee Stadium under the MTA’s $965M ADA 13 Stations P3. The other 12 stations are set to finish in early 2027.
Dream Finders closed its $2.2B Beazer Homes buy on Oct. 20, becoming the sixth-largest U.S. homebuilder. It plans to cut debt back within 18 to 24 months.
Clayco’s pre-apprenticeship at Rivian’s $5B Georgia plant trained 24 locals in its first cohort. Rivian put in $50,000 and Clayco’s subs raised $220,000.
Half of fatal work zone crashes in 2023 happened at night, FHWA says. Its night work zone fact sheet points DOTs to lighting checks and driverless TMAs.