Category: Construction

Business News Flash – Raleigh, NC

  February 14, 2019 Raleigh, NC $12 million construction project coming to Hillsborough Street in Raleigh, NC CA Ventures purchased a 2.5-acre parcel on Hillsborough Street for $12.2 million. The property is currently the site of several buildings, including the Hangover Grill. The developer plans to construct a 132-unit apartment complex between Dixie Trail and Daisy …

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Diesel And Lumber Prices – February 12, 2019

Diesel Prices National Average Diesel Price Per Gallon: $2.97 Brent crude was trading at $61.90 a barrel Tuesday morning, up 0.6% West Texas Intermediate stood at $52.68, or 0.5% higher. OPEC and its allied producers agreed last week to impose production cuts starting in January 2019 to prevent global oversupply. But according to analysts such …

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Business News Flash – Nashville, TN

  February 7, 2019 Nashville, TN Nashville approves $15 million in infrastructure work for Amazon hub The Nashville council voted yesterday to approve $15.2 million for road, sewer, and other construction and infrastructure work around Nashville Yards. The downtown development is the future site of Nashville’s new Amazon hub. The infrastructure work will include environmental …

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Diesel, Lumber, And Staffing News – January 29, 2019

Diesel Prices National Average Diesel Price Per Gallon: $2.97 Analysts fear the political crisis in Venezuela will cause wild swings in oil prices. According to John Kilduff of Again Capital Management, Washington and Caracas have a “symbiotic relationship.” The U.S. has five oil refineries on the Gulf coast that are “heavily reliant” on Venezuelan crude. President Trump …

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Diesel, Lumber, And Staffing News – January 23, 2019

        National Average Diesel Price Per Gallon: $2.96 According to the International Energy Agency (IEA), the U.S. is on track to remain the world’s top crude producer in 2019. “While the other two giants [Saudi Arabia and Russia] voluntarily cut output, the U.S., already the biggest liquids supplier, will reinforce its leadership …

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