Construction, Real Estate & Infrastructure

Huntington, W.Va. – October 02, 2026 -- Energy Services of America Corporation (Nasdaq: ESOA) will acquire substantially all operating assets of FAMCO, Inc., a West Virginia water and sewer infrastructure contractor, for a base purchase price of $6.95 million.

Energy Services structures deal with mixed cash-and-stock payment

Under the Asset Purchase Agreement, three-eighths of the purchase price will be paid in cash at closing, while one-half will be issued in Energy Services common stock shortly after the transaction closes. The remaining one-eighth will be withheld pending a post-closing true-up.

Binghamton – October 01, 2026 -- McFarland-Johnson, Inc. (MJ) has secured the 15th spot on the 2026 Fortune Best Workplaces in EngineeringTM list, marking the employee-owned infrastructure firm's first appearance on the ranking.

Great Place To Work based the list on survey data from more than 14,000 engineering-sector employees

The ranking draws from Great Place To Work's broader 2025-2026 workforce study, which collected over 1.3 million confidential survey responses representing 7.3 million U.S. employees. Of those, more than 14,000 responses came from staff at Great Place To Work Certified companies within the engineering industry, forming the basis for the Fortune list.

Irvine, Calif. – October 01, 2026 -- U.S. home flippers earned a typical gross profit margin of 21.5 percent in the second quarter of 2026, down from 25.7 percent in the prior quarter and 27.6 percent a year earlier, according to ATTOM's Q2 2026 U.S. Home Flipping Report.

Investors flipped 77,991 single-family homes and condominiums in the quarter, representing 6.2 percent of all home sales nationwide. That flipping rate fell sharply from 8 percent in the first quarter of 2026 and from 7.3 percent in the second quarter of 2025, even though the raw volume of flips rose from 64,760 the previous quarter. Volume remained below the 80,477 flips recorded a year earlier.

Alpharetta, Ga. – October 01, 2026 -- Kawneer Company, Inc. has appointed Kate Anderson as Chief Executive Officer and Timothy Montz as Chief Financial Officer, marking a critical step in the architectural aluminum manufacturer's transition to an independent operating company under continued ownership by funds managed by Apollo.

Kawneer targets full separation from parent structure by 2027

The leadership overhaul is tied to a transition process expected to span the next year, with Kawneer becoming a standalone operating entity by 2027 while remaining under the ownership of the Apollo Funds. The company is building out a fully independent operating system to support the shift, including a dedicated team structure aimed at customer support and long-term growth.

Somerset, N.J. – October 01, 2026 -- Infrastructure AI has introduced Agentic Asset Valuation, a new capability of its Galaxy Agentic Operating System (GAOS) designed to convert real-time building and infrastructure operating data into financial-grade intelligence for underwriting, insurance, and investment decisions.

Platform shifts valuation from periodic snapshots to continuous monitoring

Commercial buildings have traditionally been valued through periodic appraisals, comparable transactions, and engineering reports that capture a single point in time. GAOS instead uses governed AI agents to interpret operational data from HVAC equipment, pumps, elevators, electrical systems, and energy-management technologies, which Infrastructure AI says can reveal equipment condition, maintenance quality, reliability, and future capital needs.

Fredericksburg – October 01, 2026 -- Skanska has signed a USD 163 million contract, about SEK 1.5 billion, with the University of Mary Washington to build a new theatre and renovate fine arts buildings in Fredericksburg, Virginia.

Contract value flows into Skanska's third-quarter 2026 US order bookings

The deal will be recorded in Skanska's US order intake for Q3 2026, adding to the construction group's North American pipeline.

Scope covers a new 293-seat theatre and renovation of existing arts facilities

The project includes site development, infrastructure, core shell and interior fit-out for a multi-story theatre spanning approximately 6,300 square meters (68,230 square feet) with a 293-seat performance hall. Work also covers 7,600 square meters (82,000 square feet) of renovations to existing fine arts buildings and an 800 square meter (8,950-square-foot) addition.

Amsterdam – – October 01, 2026 -- Ferrovial has reached commercial close with the Tennessee Department of Transportation for the I-24 Southeast Choice Lanes, marking the state's largest single capital investment and its first public-private partnership.

DriveTN consortium secures 50-year concession for Nashville corridor

The Ferrovial-led DriveTN consortium, which also includes Transurban and Tikehau Star Infra, will finance, design, build, operate and maintain the new lanes under a 50-year concession beginning once the roadway opens to traffic. TDOT selected the consortium for the project in August 2026.

Houston – – October 01, 2026 -- Vortex Companies has acquired the business and operating assets of Torrent Drainage Services Limited, a UK-based trenchless rehabilitation contractor, expanding the field capabilities of its UK subsidiary McAllister Group ahead of the sector's AMP8 infrastructure investment cycle.

Torrent's field team joins McAllister to boost self-perform capacity

Torrent provides cured-in-place pipe (CIPP) lining, patch installations and repairs, sewer cleaning and CCTV inspection, and robotic lateral reinstatement. The team has previously worked alongside McAllister on UK rehabilitation projects, giving Vortex an established operational base to expand from.

Virginia Beach, Va. – September 30, 2026 -- Arcadis joined the City of Virginia Beach to break ground on the Windsor Woods Pump Station, a key infrastructure piece in a citywide flood-resilience network covering the Windsor Woods, Princess Anne Plaza and The Lakes neighborhoods.

Pump station anchors a broader drainage improvements program funded by voters

The facility forms a cornerstone of the Windsor Woods, Princess Anne Plaza and The Lakes Drainage Improvements Program, designed to reduce flood risk from heavy rainfall, high tides and storm surge. The project is financed through Virginia Beach's voter-supported Ripple Effect Flood Protection Program and extends earlier investments into a coordinated citywide flood-defense system.

Panama City – September 30, 2026 -- Mercan Group has broken ground on Albor at Santa María, a 48-story, 200-unit residential tower marking its first housing development in Panama and pushing the Canada-headquartered developer's country portfolio past US$200 million.

Panama tightens Qualified Investor real estate thresholds

The groundbreaking follows Executive Decree No. 17, issued September 8, 2026, which keeps the minimum investment for new, first-sale real estate at US$300,000 while setting a US$500,000 threshold for secondary-market properties under Panama's Qualified Investor Program. The decree also adds new investment alternatives and streamlines application procedures.