Construction Contracts Up
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By Priscilla Frulla, The Sun Herald, Biloxi, Miss.  Feb. 9--About $1.3 billion in contracts were signed in 2006 for the construction of projects in South Mississippi, more than double 2005.
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Multiple bids could drive the company's stock even higher.
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It looks like it will be a good year for the engineering and construction company.
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By Malcolm Potter, Manager Of The Tees Valley Engineering Partnership  The last year has been eventful on Teesside, with contract wins, job losses and new project developments contributing to a prosperous economic climate for engineering.
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Stanley Inc. of Arlington said last week that it has been added to a list of 29 companies eligible to receive work under a five-year, $50 billion contract managed by the General Services Administration.
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Even as contractors built patrol boats with buckling hulls and a large new cutter with structural flaws, a U.S. Coast Guard review gave their performance high marks last year, extended their deal for nearly four years and paid them a multimillion-dollar bonus, government investigators said.
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WASHINGTON -- Spending on construction projects unexpectedly edged up in August as the best gain in nonresidential activity in 11 months offset another big decline in home building.
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Construction spending edged up slightly in November as a continued steep slump in housing was offset by record spending on government and business projects.
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Orders placed with factories rose 2.3 percent in December, an increase from the 1.7 percent gain in November and  the biggest rise since July.
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London equities rose on Friday, supported by fresh bid talk and a resurgent mining sector.
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The latest round of economic data was again mixed, reports showed Friday: Manufacturing activity increased in September for the 16th consecutive month and construction spending surged in August to a record high.
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Housing construction in August jumped to its highest level in five months, a dose of encouraging news for the economy&#39;s expansion.
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Federal spending on contractors is expected to grow more quickly than it has historically in 2005, with contractors that specialize in technology services growing the most according to experts.  -The Washington Post
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The Navy has added 391 contractors -- nearly half of them from Maryland, Virginia or the District of Columbia -- to its multibillion-dollar Seaport Enhanced multiple award contract.
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Negotiators from General Motors Corp and the United Auto Workers union on Saturday were making substantial progress on several of the teams established to pore over the contract details, a person familiar with the talks said.
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The company said earnings jumped because of shipments recovered after a labor dispute and a rise in demand for specialty metals used in power plants.
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U.S. factory growth stayed strong in September according to reports on Friday, while construction spending in the prior month hit a record high for a seventh month in a row, showing the economy's expansion remains solid.