Richard Korman

New York

Deputy Editor, Writer and Journalist at Engineering News-Record (ENR)

Richard Korman creates these tweets from writings of John Pintard (1759-1844) to share knowledge of a ruined debtor who redeemed himself.

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Articles

ACS Group Advances Plans to Become a Data Center Developer

4 days ago | enr.com | Richard Korman

NewsBusinessCompanies ACS Group says it is moving ahead with plans to become a data center co-developer. The plans come as Turner Construction Co., the biggest U.S.-based building contractor, is off to a good start in 2025, pumping profits into ACS Group, its parent, in the first quarter of 2025. Juan Santa Maria, CEO of the Madrid-based parent, told analysts at a May 13 earnings conference call that the data center development plan announced last year was moving forward.
Nuclear and Thermonuclear Verdicts Figure in Insurance Rates and Terms

1 week ago | enr.com | Richard Korman

Autos, roads and design professional liability insurance remain pain points in an otherwise stable North American construction insurance market, reports Aon, the big brokerage. So are huge verdicts. The latest information was part of Aon's mid-2025 report on world construction insurance markets. In the U.S., capacity and rates are stable for architects and engineers policies.
Turner Advances Plans to Become a Data Center Developer

2 weeks ago | enr.com | Richard Korman

Turner Construction Co., the biggest U.S.-based building contractor, is off to a good start in 2025, pumping profits into its corporate parent ACS Group in the first quarter of 2025 and advancing plans to capitalize on its experience constructing data centers to become a developer. Juan Santa Maria, CEO of the Madrid-based parent, told analysts at a May 13 earnings conference call that the data center development plan announced last year was moving forward.
Construction Accidents: What It Takes to Tell the Full Story

2 weeks ago | enr.com | Richard Korman

NewsSafety Health The recent triple fatality at a Bechtel LNG construction project in Port Arthur, Texas, prompted heartfelt comments from firm President and Chief Operating Officer Craig Albert.
Massive Dow Chemical Canada Project Delay to Narrow Fluor's Workload

4 weeks ago | enr.com | Richard Korman

Dow Corp.'s decision to delay work on its planned $8.9-billion Path2Zero ethylene project in Canada will cost Fluor Corp. some near-term revenue on the main part of the project, the contractor said, but it has plenty of other work underway and in its backlog. The details of the Dow postponement were part of the Midland, Texas-based contractor's May 2 earnings conference call for Q1 2025. Fluor Corp.
Fluor Cites Dow Delay of $8.9B Canada Low-Carbon Ethylene Project

4 weeks ago | enr.com | Richard Korman

Dow Corp.'s decision to delay work on its estimated $8.9-billion Path2Zero ethylene project in Alberta, Canada will cost Fluor Corp. some near-term revenue on the main part of the project, the project EPC contractor told investors on May 2, but it has plenty of other work underway and in its backlog. Details of the Dow postponement of what was touted as the world’s first net-zero ethylene and derivatives complex were part of Fluor's first-quarter 2025 results conference call.
Splashdown: Fire-Weakened Beijing Bridge Deck Falls Into River

1 month ago | enr.com | Richard Korman

A deck section on a 26-year-old cable-stayed Beijing bridge collapsed into the Chaobai River April 23, when tie rods hanging from an arch to one side of the deck failed, Chinese agencies and news media reported. Witnesses said the area beneath the bridge deck had been on fire and because traffic across the bridge was stopped, no casualties occurred, according to the Associated Press.
Construction Safety Week is May 5-9: The Doors Are Wide Open | Engineering News-Record

1 month ago | enr.com | Richard Korman

An editor's assessment of the value of Construction Safety Week.
Walsh Sues Travelers For Property Damage Coverage on California Streetcar Project

1 month ago | enr.com | Richard Korman

In an example of the complexity of additional insured clauses and claims, Walsh Construction Co. has sued insurer Travelers for several hundred thousand dollars, for allegedly refusing to pay lawsuit costs on a property claim from a light-rail project in Santa Ana, Calif.
New Book Details Citicorp Tower Design Error And The Race to Fix It

1 month ago | enr.com | Richard Korman

A new book contains never-before-released details of the flawed structural engineering design and construction of Manhattan's Citicorp Center and the secret nighttime repairs carried out in the summer of 1978. The episode remained a secret until a New Yorker magazine article in 1995, after which it became a touchstone in engineering ethics education based on actions of structural engineer William LeMessurier.