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Skender, Z Modular reach agreement to fabricate multifamily housing components

BD+C

Skender and Z Modular have signed an agreement to manufacture multifamily housing components in a factory on the southwest side of Chicago. Skender, a design, construction, and manufacturing firm, will use Z Modular’s self-bracing structural VectorBloc system to fabricate building components.

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Alta Acquires Martin Implement Sales

Construction Equipment

Alta Equipment Group announced that it has entered into a definitive agreement to acquire Martin Implement Sales, a privately held premium equipment distributor with three branches in the Chicago metropolitan area. Martin has an expansive range of new and used equipment available for sale or rent…

Chicago 118
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Restaurant Construction Franchise on the Rise – Where do you start?

HardHatChat

Fields that Englewood Construction built in Orland Park Mall. As suggested in my 2011 commercial construction trends blog post, there seems to be a rise in new restaurant construction, particularly among franchise restaurants. So I thought I’d devote a blog to franchise restaurant construction. No hand holding involved.

Chicago 244
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Agreement to kick start feasibility study of Cleveland-Chicago hyperloop

Construction Dive

Hyperloops and other high-speed tube systems are gaining ground in the U.S., with several proposed routes and studies underway.

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Navistar to Pay $135 Million to Settle Lawsuit

Construction Equipment

A Chicago federal judge has given initial approval to Navistar’s agreement to pay truck owners and lessees $135 million to settle a class-action lawsuit over defective engine emission systems, according to the Chicago Tribune. The settlement would end a court battle for Lisle-based manufacturer,…

Chicago 68
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$1.3 Billion O’Hare Infrastructure Plan Deal Announced

Construction Equipment

An agreement was announced Sunday between the City of Chicago, United Airlines and American Airlines to build the final new runway under the O’Hare Modernization Project.

Deals 48
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#118:  Letters of Intent Forming Enforceable Contracts

NH Construction Law

The sticking point is usually the requirement of “a meeting of the minds about the contract’s terms: ‘each party must have the same understanding as to the terms of the agreement.’” Construction Company, Inc. , ” Chicago Investment Corp. ’” International Business Machines Corp.