Primoris Services Corporation (PRIM) announced today that it has entered into a definitive merger agreement to acquire PLH Group, Inc. in an all-cash transaction valued at $470 million. Primoris, one of the top specialty contractors in the U.S., provides critical infrastructure services to the utility, renewables and other related energy markets.
The Business Research Company's Fire Safety Equipment research report expands on key drivers, trends, and growth opportunities in the market. LONDON, June 23, 2022 /PRNewswire/ -- The rapid growth of the construction industry is expected to propel the growth of the fire safety equipment market going forward.
The Business Research Company's Power Tools research report expands on key drivers, trends, and growth opportunities in the market. LONDON, June 22, 2022 /PRNewswire/ -- The rapid expansion of the construction industry is expected to propel the growth of the power tools market going forward.
ALBANY. The market demand for lime for soil stabilization is rising at a rapid pace, pivoting on a booming building and construction industry, where lime products have found increased adoption in road construction worldwide.
Innovative incentives for people to green up their homes revived Italy's construction sector last year, boosted its economy and drew international praise. The complex system of tradeable tax credits that supercharged the sector has ground to a halt, as the government clamps down due to suspicions of fraud, leaving builders unpaid for work done.
U.S. homebuilder Lennar Corp (LEN) on Tuesday warned of a downturn in home demand as red-hot prices and surging interest rates push buyers to the sidelines, threatening the industry's breakneck pace of profit growth.
Alamos Gold Inc. (AGI) is pleased to announce initial gold production from the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule. To mark the occasion, the Company held a ceremony at site with President and Chief Executive Officer John A. McCluskey, members of the Alamos Gold Board of Directors, and employees from the La Yaqui Grande mine.
New home demand has deteriorated over the past few weeks due to the spike in mortgage rates, a sharp decline in consumer confidence and the weaker economic growth outlook, according to BofA Securities. BofA On Owens Corning Analyst Rafe Jadrosich downgraded the rating for Owens Corning from Buy to Underperform, while reducing the price target from $119 to $80.
LONDON, June 15, 2022 Rising investments in the construction sector and growth in the automotive and aerospace industry are some of the major factors driving the growth.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
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