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...Associated Builders and Contractors, a construction lobbying group, says the US faces a shortfall of 500,000 construction workers this year alone as it tries to meet demand fuelled by the new factory announcements...
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...In other words, it could be a good time for Americans to start researching homebuilders and contractors in their area. Another bright spot?...
...The squeeze on commissions is bad news for the 1.6mn Americans currently registered to work as real estate agents, as well as the companies that employ them....
...Nearly 90 per cent of construction companies are struggling to hire workers, according to Associated Builders and Contractors, a US industry lobbying group....
...State and local officials have reiterated that Illuminate USA is an American company and denied accusations of its ties to the Chinese government....
...The conglomerate’s defence and aerospace unit employs about 2,000 people, including contractors....
...“Trump was honest, he might have been vocal but he was very honest,” said Joe Cyran, a 73-year-old builder who has erected pro-Trump signs outside his business....
...Meanwhile, as a “just in time” production approach was employed over the past few decades, US contractors were discouraged from having excess capacity that might be needed in the event of a supply chain...
...After all, the Covid lockdowns have ended and companies are now more adept at managing supply chain shocks, be they a loss of Russian gas or shipping disruptions....
...could jeopardise American national security....
...For decades, France’s ArianeGroup and its predecessor companies have been the prime contractors for jointly funded development of Europe’s Ariane family of heavy launchers....
...It would cost them, but this is about the future of their company and of American aerospace,” says one long-term observer....
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...What they really want to replicate is the American framework of government and private companies working in concert to maintain national economic and military dominance....
...European natural gas prices jumped after workers at LNG facilities in Australia, a key liquefied natural gas exporter, began strike action, fuelling fears of disruption to global supplies....
...Travis Perkins: Shares in the UK builders’ merchant fell 5.3 per cent after the company cut its full-year profit forecast....
...Kelly Boorman, partner and national head of construction at RSM UK, said: “The scrapping of HS2 will undoubtedly derail the pipeline of future activity for many contractors and their supply chain....
...More US bank news: JPMorgan is being sued by the founder and chief executive of a Greek payments company it co-owns over what he claims are tactics to suppress his company’s growth. 3....
...The US has released a close ally of Venezuelan president Nicolás Maduro in exchange for 10 Americans jailed in the Latin American country, as well as convicted Malaysian defence contractor Leonard Francis...
...A group of American unions ended its campaign for board seats at Starbucks after progress on collective bargaining agreements for the company’s workers....
...Several of Europe’s largest defence contractors, including Rheinmetall, have been calling for more collaboration within the industry as well as on the procurement side to better supply Ukraine and avert...
...For a month, it had no supplies at all. “It was a stressful time,” Damiani says. “Production slowed but demand increased by two or three times....
...What is it that American stockholders are actually buying? Because you have this complicated system where what they own is a stake in a Cayman Islands company....
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