GLG News by Infrastructure Construction Experts (North America)

The U.S. is going to do a major portion of the thinking for the world, prepare its economic plans and source its finances if the country is to continue its primary world power status. Recent results indicate that the growing knowledge economies will feature a world class international airport and/or...

Wal-Mart has been warning that its domestic store development program is harder to come by as sites are more dear, residents of communities are resisting the new facilities and competitors are more adept at the political side of competition. Now the cost of imports from China and other offshore suppliers...

Liquefaction and pipelines in Alaska address the local desires to keep revenues and jobs in Alaska. Building a pipeline to somewhere in the south, like Valdez is very possible. ROW (Rights of Way, pipeline corridor) are already permitted and mostly available, and the access is available. Knocking...

The major market home builders are now dumping product nationwide at any cost to recover cash before they commit the cardinal sin of not being able to pay current bills. The financial institutions are flush with foreclosures and more homes are coming their way. Homeowners are trying to get out from...

The numbers of high rise and condo conversion projects planned and at least partially funded in Miami, San Diego, Las Vegas, Chicago, New York City, Los Angeles and even on Central Avenue and at Lake Tempe and throughout Phoenix and Scottsdale far exceeds the possible market. The plans were drawn to...

The subject article is a presentation of the reality in today’s home building business. It speaks of overextended capital plans and the reality of maintaining positive cash flow. The state of the industry today parallels if not exceeds the difficulties of the early 90’s, early 80’s and mid-seventies....

I find the most interesting news in the subject article to be an estimate of real inflation at 9.5 % per year in the first years of this century. Talk about working against some long odds in maintaining wages or keeping up with costs to build. At the same times, the Las Vegas Sun recently noted that...

The subject article repeats the refrain common to the most overdone major housing markets in the country. Arizona, California, Florida and Nevada prices are way beyond fitting into the average budget and are going even deeper into red accounts. New York City and the surrounding states that serve as...

Opec is basically holding the world and especially the US hostage.  We need to become completely independent of foreign oil and start now.  We also need to get all of our electricity from alternative energy sources saving the fossil fuel for 'back up'.  We will see $100/barrel price...

Just as the housing market was over stimulated by institutional/Wall Street funding, so too the commercial real estate markets in the major urban centers have followed with speculative excess. There has been little attention paid to creating value with easy money, to the contrary, the usual investment...