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Covia Files Chapter 11; Plans Restructuring

Covia has filed for bankruptcy, seeking to cut more than $1 billion in debt as a result of the economic disruption sparked by the COVID-19 pandemic and low oil prices.

Read more: Covia Files Chapter 11; Plans Restructuring

Canada and Ontario Governments Invest in Rural Infrastructure

The governments of Canada and Ontario recognize the different ways that the COVID-19 pandemic has affected smaller communities across the province. While moving toward recovery, investments in infrastructure in rural and northern Ontario are vital to successful, sustainable communities and their economies, officials said.

Read more: Canada and Ontario Governments Invest in Rural Infrastructure

LafargeHolcim Adopts New Environmental Product Declarations

LafargeHolcim in the United States announced a new program to bring greater transparency to its carbon footprint through the use of Environmental Product Declarations (EPDs). These declarations, much like nutritional labels, detail the environmental impact of building materials. National cement and concrete associations have developed EPD ratings on a regional or nation-wide level that have been used by the industry to assess the carbon footprint of products.

Read more: LafargeHolcim Adopts New Environmental Product Declarations

CG/LA Infrastructure Identifies Critical Infrastructure Projects

CG/LA Infrastructure announced the formal launch of its Blueprint 2025 Project Stimulus Map, an interactive digital platform that identifies more than 550 infrastructure projects with the potential to revive the U.S. economy through strategic investments. 

Read more: CG/LA Infrastructure Identifies Critical Infrastructure Projects

Study: Heavy Civil Contractors Optimistic About Business Conditions

Heavy civil construction is deemed essential to our economy and has continued in many jurisdictions throughout the economic shutdown. However, data from The Civil Quarterly (TCQ), a new publication from Dodge Data & Analytics, reveals contractors in this sector are facing supply chain issues and other challenges in keeping job sites going.

Read more: Study: Heavy Civil Contractors Optimistic About Business Conditions