Industry - Construction latest news

MARATHON, FL (MARKET WIRE) Marlin Bay Yacht Club, the Florida Keys real estate's newest and most luxurious marina community, played host this weekend to Southern Boating Magazine's editorial staff and boating guests from Boston Whaler and Pursuit.

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Construction activity will continue to blossom in the Great Lakes region in the second half of summer. During the second quarter, the beginning of the prime construction period, $20 billion worth of project activity -- capital or maintenance -- is expected to begin construction in the region. In the third quarter, spending will decrease slightly with just more than $13 billion. This is almost exactly the same amount of construction activity that occurred in the same period last year. With the downward turn the economy has taken,

BEIJING (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- In the first quarter of 2008, China installed 12.64 gigawatts (GW) of power, a decrease of about 600 megawatts (MW) compared with the same period last year, according to a China Electricity Council report released at the end of April. The decrease is attributed to the severe snowstorms that impacted southern China during the quarter.

CORDOBA, ARGENTINA (MARKET WIRE) Researched by Industrial Information Resources (Sugar Land, Texas) -- The continuous catalytic reformer (CCR) at Petroecuador's (Quito, Ecuador) 110,000-barrel-per-day (BBL/d) Esmeraldas refinery is being restarted after a compressor problem forced it to shut down on April 18, 2008.

JOHANNESBURG, SOUTH AFRICA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- The steep escalation of project costs in the Middle East, and throughout the world, is reflected in upgrade projects and new refineries in Kuwait. Not long ago, projects with total investments of $3 billion to $6 billion were considered to be top of the range. Now a scan of projects being launched in the region, and/or having their budgets reviewed upwards, will identify a significant number over $10 billion.

Administrators at Dayton Public Schools learned this week the district would receive a $100,000 planning grant from the Ohio Board of Regents.

UPPER MARLBORO, MD (MARKET WIRE) The Board of Directors of Landmark Land Company, Inc. (PINKSHEETS: LLND) on May 8, 2008 declared a dividend of $.025 per share of the company's common stock to shareholders of record at the close of business on May 23, 2008. The dividend payment shall be payable on June 3, 2008.

SUGAR LAND, TX (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- As the 10th week of the American Axle & manufacturing Incorporated (NYSE: AXL) (Detroit, Michigan) strike comes to a close, the effects of the walkout are obvious. General Motors Corporation (NYSE: GM) (Detroit) has either halted or slowed production at 30 of its manufacturing or assembly facilities in North America. The strike, combined with continually rising gas prices, a weakened United States economy, and the effects of the housing market crash, has begun to alter the entire automotive industry landscape in North America.

COLORADO SPRINGS, CO (MARKET WIRE)

MIAMI, FL (MARKET WIRE) The Miami Chapter of the American Institute of Architects (AIA) will honor Holly Real Estate/TCN Worldwide with a President's Award at an upcoming meeting on May 13th, at the site of the company's Miami Green office condominium development.