Tag: Million
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Dalux Reports $100 Million Revenue Milestone and Widespread European Adoption
The Danish software company Dalux has released new figures for 2024, reporting a significant milestone in its growth: USD 100 million in annual revenue. Following a reported decade of consistent 40%+ year-over-year growth, the company now claims to be Europe’s largest BIM software provider based on its active user base. According to Dalux, its platform…
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Budget tax fears threaten Labour’s 1.5 million homes pledge
Builders are hitting pause ahead of the November Budget, concerned that taxes could raise the cost of building homes and create broader uncertainty in the property market. A Knight Frank survey found 43% of developers expect housing starts to fall in the final quarter of 2025, reflecting widespread caution across the sector. Former Housing Minister…
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Pavewise Secures $2.5 Million to Streamline Road Construction Compliance
Pavewise, a construction technology company focused on road project compliance and efficiency, has raised $2.5 million in seed funding led by C2 Ventures. The investment will fuel expansion of the company’s software platform that integrates production tracking, compliance automation and weather data for paving contractors. The funding round included participation from Connectic, Service Provider Capital…
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Atlanta Office Market: 64.7 Million Sq. Ft. Sold Since 2020
For most of our top 10 markets, 2021 was the best year in terms of sales. That said, in Washington, D.C.; Dallas-Fort Worth; and Atlanta, it was 2022 that stood out for the largest yearly sales total in each market since the start of the decade. First up, office sales closed in Boston during the…
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U.S. Department of Labor Awards $86 Million to Expand Workforce Training in 14 States
The U.S. Department of Labor has awarded more than $86 million in Industry-Driven Skills Training Fund grants to 14 states to support workforce development and strengthen domestic manufacturing and shipbuilding. Administered by the department’s Employment and Training Administration, the grants will provide outcome-based reimbursements to employers that offer training for new and existing workers in…
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‘1.5 million homes is completely achievable – but they must be good quality’
Former Mace director Mike Reader MP has quickly made his mark in Parliament since last year’s election and chairs the newly formed APPG for Excellence in the Built Environment. He talks to Will Mann about housing targets, MMC, a mooted construction GCSE – and wrestling. Mike Reader MP. Image: Julie Kim Construction professionals are known…
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Caterpillar and Luck Stone Hit 1 Million Tons Hauled Autonomously at Virginia Quarry
Caterpillar and Luck Stone have reached a significant milestone at the Bull Run Quarry in Chantilly, Virginia – one million tons hauled using autonomous haul trucks. The achievement marks a first for Caterpillar in the aggregates industry and signals growing potential for autonomous technology in quarry operations. The project, which began as a collaboration between…
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Thames Water announces hosepipe ban for over 1 million homes
The UK is facing a growing water crisis after experiencing one of the driest springs in over a century and the warmest June on record. The Environment Agency has now placed much of southern England under the prolonged dry weather category. In response, Thames Water has announced a hosepipe ban for over a million customers…
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Federal, local agencies fund $300 million NYC ADA upgrade
The 14th Street Subway Station stretches along West 14th Street between Sixth and Seventh Avenues. The station serves the F and M trains running north and south along Sixth Avenue, the L train along 14 Street, and the 1, 2 and 3 lines running north and south along Seventh Avenue. The three stations have a…
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Has Labour just quietly abandoned its 1.5 million homes pledge?
Labour’s ambitious pledge to build 1.5 million homes by the end of this parliament appears to be faltering. Following the Spring Statement, the Office for Budget Responsibility (OBR) projected that just 1.3 million homes will be built by 2029-30, sparking fresh scrutiny of the Labour Government’s plan for homebuilding and whether they are on course…