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Tag: credit crisis
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Energy development slowing
Another victim of the recession: It appears that energy companies are canceling, delaying or cutting back on plans to develop a variety of petroleum and energy development projects. In the last two years, this had been one of the fastest growing sectors of the heavy construction market.
January 10, 2010
Business
Credit crunch and the small contractors
The financial crisis isn’t just about money changers and politicians. It’s begining to put a squeeze on small business that depend on lines of credit and other financial products. As theirs is a capital-intensive business, small construction companies will likely be hard hit. If your banker isn’t returning your phone calls you might check out […]
January 6, 2010
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