
Governor Andrew Cuomo applauds construction workers who built temporary hospital - The Daily Gazette
Other firms, however, are witnessing delays or cancellations resulting from local, state, and federal restrictions on construction, particularly in geographies hit hard by the pandemic. Engineering and construction companies that serve energy and chemical companies must also contend with the aftermath of the collapse in oil prices. They must manage operations impacted by postponed capital projects in exploration, production, and refining. Long-term revenue contraction is forcing these construction companies to minimize capital and operating costs into the foreseeable future.