According to the Construction Financial Management Association, the average pre-tax net profit for general contractors is between 1.4 and 2.4 percent and for subcontractors between 2.2 to 3.5 percent.

The construction industry has a love-hate relationship with technology. Some are wary of any new software/hardware the boss brings back from a convention or trade show. In fact, much of this software ...

SHANGHAI, Feb. 23, 2026 (GLOBE NEWSWIRE) -- CHC Navigation (CHCNAV) announced the RS7, a new handheld SLAM (Simultaneous Localization and Mapping) scanning solution, unveiled at the 2026 CHCNAV ...

Industries like manufacturing and mining have already automated significant portions of their operations, particularly for repetitive tasks. However, the concrete construction sector has lagged for ...

Little’s digital media team is exploring the use virtual and augmented reality tools for design visualization and coordination meetings with clients. For advanced applications, the firm is utilizing ...

For an industry that contributes 6 per cent to the global GDP, the fainting voice of the Architecture, Engineering and Construction (AEC) industry is something to ponder. The global AEC market was ...

Retrofits present a multitude of problems. One of the largest pain points is establishing an as-built condition. Older buildings are a hodgepodge of minor and sometimes major undocumented ...

(MENAFN- GlobeNewsWire - Nasdaq) SHANGHAI, Feb. 23, 2026 (GLOBE NEWSWIRE) -- CHC Navigation (CHCNAV) announced the RS7, a new handheld SLAM (Simultaneous Localization and Mapping) scanning solution, ...

Augmented reality (AR) has made leaps and bounds over the past few years. With the explosion in power of mobile devices, nearly anyone with a modern smartphone can experience AR without specialized ...