Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Construction employment increased by 11,000 jobs in May to the highest level since October 2008 and average weekly hours set a series high for May as contractors struggled to find enough workers to meet demand for projects, according to an analysis of new government data
Choice Hotels International‘s Ascend Hotel Collection added six properties in April and is on pace to add a total of 44 by year’s end. The brand “enables independent hoteliers to plug into our industry-leading technology, robust distribution channels, and rapidly expanding royalty program. Read the
Albertsons-owned Jewel Food has proposed a $100 million deal to acquire 17 Strack & Van Til and two Town & Country stores from Central Grocers, which recently filed for bankruptcy. A court-facilitated bankruptcy auction will take place on June 26, when Central Grocers hopes to
Teen fashion retailer Rue21 filed for Chapter 11 bankruptcy in Pennsylvania recently, with plans to restructure its operations and cut its debt. The retailer has secured up to $175 million in financing to keep the business operating through reorganization. Read the CNBC story here
Construction spending retreated in April following unusually large gains in and February and March, according to an analysis of new government data by the Associated General Contractors of America. Association officials said private construction continues to do well so far in 2017 but under-investment in
New York-based burger and shake restaurant chain Shake Shack announced that it will open its first restaurant in Wisconsin late this year in the Historic Third Ward in Milwaukee. Read the BizTimes Milwaukee story here
The northwest Houston communities of Tomball and Springwoods Village are enjoying a hotel surge. Opening of the Grand Parkway and business growth driven by the oil and gas industry are credited with the boom. Read the Houston Chronicle story here
German grocery chain Lidl has acquired at least six store sites across North Texas, according to public records. The retailer’s entry into the U.S. is set to start on the East Coast this summer, when Lidl opens its first 20 stores in Virginia and the
Guatemala-based chicken restaurant chain Pollo Campero is booking strong growth in the United States, and it aims to increase its ability to compete against category leaders Chick-fil-A and KFC. The company has hired advertising agency Dieste to create bilingual campaigns that appeal to both Hispanics
Hargett Hunter Capital Partners has outlined plans to expand Original ChopShop, which is based in Phoenix and has four units. The firm plans to open three more restaurants this year. Read the Nation’s Restaurant News story here
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