The LEXiCON project has been developed by the Construction Innovation Hub in partnership with the Construction Products Association.
business
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MSUITE announced this week that it has been acquired by Stanley Black & Decker – the world’s largest tool company.
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The firm is looking to double its UK headcount to over 20 employees by year-end, and will establish offices in London and Birmingham.
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BIMNewsProcurementRobotics
UK Construction Week leaves a lasting impression on future-thinking industry leaders 
The event was attended by 20,643 construction professionals and 300 exhibitors showcasing more than 10,000 products.
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CITB announced it will be investing over £233m across UK construction, primarily focused on securing construction’s talent pipeline.
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BusinessGlobalInfrastructure and TransportationNews
IFM acquires majority stake in contech firm Render Networks
The investment of approximately A$40m (£22.5m), including growth capital, was led by Adrian Kerley and Bora Han from IFM Investors.
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The companies hope the new partnership will deepen the wealth of data available to investors, suppliers, and other key industry players.
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BusinessGlobalMMCNews
UK-based modular construction firm announces US expansion
by Liam Turnerby Liam TurnerBryden Wood has announced plans to open a new headquarters in Boston, Massachusetts, in a bid to expand its north-American operations.
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BusinessEnergy & PowerGlobalNews
Finland terminates Russian nuclear contract
by Liam Turnerby Liam TurnerFinland-based nuclear firm Fennovoima has terminated a construction contract that was being delivered by Russia-based Rosatom.