business

The LEXiCON project has been developed by the Construction Innovation Hub in partnership with the Construction Products Association.

MSUITE announced this week that it has been acquired by Stanley Black & Decker – the world’s largest tool company.

The firm is looking to double its UK headcount to over 20 employees by year-end, and will establish offices in London and Birmingham.  

The event was attended by 20,643 construction professionals and 300 exhibitors showcasing more than 10,000 products.

CITB announced it will be investing over £233m across UK construction, primarily focused on securing construction’s talent pipeline.

The investment of approximately A$40m (£22.5m), including growth capital, was led by Adrian Kerley and Bora Han from IFM Investors.

The company will use the fresh funds to expand its team, grow its product offerings, and accelerate manufacturing of its robotic solution.

The companies hope the new partnership will deepen the wealth of data available to investors, suppliers, and other key industry players.

Bryden Wood has announced plans to open a new headquarters in Boston, Massachusetts, in a bid to expand its north-American operations.

Finland-based nuclear firm Fennovoima has terminated a construction contract that was being delivered by Russia-based Rosatom.