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It was October, 1969, when Inter State Paving Inc., a company founded six years earlier by Pietro Rizzuto, got the contract that would propel it to the top of Quebec's booming road-construction industry. Until then, Mr. Rizzuto's company had received only minor government contracts. One of its first was awarded by Daniel Johnson's Union Nationale government in the fiscal year 1968-1969 for a job worth almost $135,000, according to public-accounts documents. Mr. Rizzuto wanted in on the construction boom that was taking place in Quebec. Mr. Johnson had died in September of 1968 and Jean-Jacques Bertrand was premier. And Inter State Paving submitted and won its first bid for a major road project, a four-lane extension of Highway 19 known as the Papineau-Leblanc Autoroute in Laval.
A construction manager will be hired by Kalamazoo County to oversee construction of a $28.5 million juvenile home approved by voters in August. The 64-bed juvenile home, adjacent to the current juvenile home at 1424 Gull Road, could open by late 2008 or early 2009, officials say. County Administrator Donald Gilmer said the county will solicit bids for a construction manager who will be responsible for keeping the project within budget and on schedule. Changes during large construction projects can be frequent, costly and unnecessary, he said. ``If somebody starts blowing a bunch of smoke at you, you have got to know they are blowing smoke at you,'' Gilmer said. ``It might not be obvious to a non-professional, so (a construction manager will be) our eyes and ears on the job.'' Gilmer said he wants the manager in place in November, before a contract is awarded to an architectural and engineering firm.
HOUSTON--(BUSINESS WIRE)--Sterling Construction Company, Inc. (Nasdaq GS: STRL), ("Sterling" or the "Company"), today announced that it was the low bidder on a $28.6 million Texas Department of Transportation ("TX-DOT") job in south Dallas. The project, near Interstate 20, involves a four mile stretch of road where Sterling will be building 20,000 linear feet of water mains and storm sewers. The job also entails 150,000 square yards of paving, 95,000 square feet of bridge work and 50,000 square feet of walls. Plans call for work to begin in January 2007 and continue into the fall of 2009. Sterling's Chairman & CEO Patrick Manning said, "With this project and two other substantial awards secured in Dallas earlier this year, we are building a strong and growing presence in this important market with large, multi-faceted jobs which increase the size and duration of our backlog." Sterling Construction Company is a leading heavy civil construction company that specializes in the building and reconstruction of transportation and water infrastructure in large and growing markets in Texas.
The final chapter of another tremendously successful harness season at Prairie Meadows went in the books on Saturdays (October 14) closing night. Mark Benrus of the Illinois-based Horsemans Financial Agency Inc. earned his first Prairie Meadows trophy as the meets leading owner. Jay DeLong accepted the award in Mark Benruss absence. .
It was October, 1969, when Inter State Paving Inc., a company founded six years earlier by Pietro Rizzuto, got the contract that would propel it to the top of Quebec's booming road-construction industry. Until then, Mr. Rizzuto's company had received only minor government contracts. One of its first was awarded by Daniel Johnson's Union Nationale government in the fiscal year 1968-1969 for a job worth almost $135,000, according to public-accounts documents. Mr. Rizzuto wanted in on the construction boom that was taking place in Quebec. Mr. Johnson had died in September of 1968 and Jean-Jacques Bertrand was premier. And Inter State Paving submitted and won its first bid for a major road project, a four-lane extension of Highway 19 known as the Papineau-Leblanc Autoroute in Laval.
VietNamNet Bridge - The Prime Minister has regulated the way that ground-breaking and inauguration ceremonies must be done for construction projects to keep them modest and avoid waste. According to a decision signed on Tuesday, these events must respect national customs, suit the economic and social conditions of the project's location, and be economical in terms of money and time, and must not be used as an excuse to flaunt wealth.
Only people closely involved with a construction project can be invited to attend a ground-breaking or opening ceremony, and they must be picked up at a common gathering place, not from their homes or offices.
On the all-important issue of cost, the expenditure for a ceremony must not exceed VND50 million or 0.04 percent of the project's budget, whichever is the smaller.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) today reported highlights for the quarter ended Sept. 30, 2006, including: Record earnings of 77 cents per diluted share Increased net interest income Steady loan growth Reduced operating expenses Lower net loan charge-offs On-schedule merger planning Repeats Record-Level Profit Performance "Regions sustained record-level, high-quality earnings in the third quarter, resulting from associates' hard work and commitment to implement revenue enhancement and cost containment initiatives," said Regions Chairman, President and Chief Executive Officer Jackson W. Moore. "We reduced operating expenses and achieved higher net interest income, solid fee revenues and lower credit-related costs, all of which contributed to our third quarter's bottom-line strength.
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