Skanska downgrades US construction outlook
Brad Rehnstrom2025-05-13T14:40:00+00:00
CEO Anders Danielsson said in an earnings call that customers have taken longer to decide to invest amid economic uncertainty, but its pipeline remains strong.

CEO Anders Danielsson said in an earnings call that customers have taken longer to decide to invest amid economic uncertainty, but its pipeline remains strong.

Z Modular, the offsite construction arm of steel pipe and tube manufacturer Zekelman Industries, has brought in new leadership to support the growth push.

The move expands the Missouri-based contractor’s presence in the Lone Star State and will enable it to meet growing demand for infrastructure.

Transportation Secretary Sean Duffy said the Biden administration left the Transportation Department with 3,200 unobligated grants.
The announcement is a step in the right direction, but economists remain wary as talks for a more permanent deal continue.