WASHINGTON, D.C. — The Equipment Leasing and Finance Association's Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $903-billion equipment finance sector, showed their overall new business volume for July was $8.2 billion, up 4 percent from new business volume in July 2014. Volume was down 14 percent from $9.5 billion in June. Year to date, cumulative new business volume increased 8 percent compared to 2014. Receivables over 30 days were 1.0 percent, down slightly from 1.1 percent the previous month and unchanged from the same period in 2014. Charge-offs … Read more

SEATTLE, Wash. — Clark is returning to Seattle-Tacoma International Airport ten years after completing the airport’s South Terminal Expansion. The Port of Seattle awarded the company a $420-million Design-Build contract for an International Arrivals Facility. Skidmore, Owings & Merrill, San Francisco/New York and The Miller Hull Partnership, Seattle, are the project’s designers. Clark will lead the Design-Build team in delivering the three-story IAF on east side of Sea-Tac’s Concourse A. The scope of work also includes an elevated sterile corridor to serve international passengers, and an iconic bridge that will span approximately 900 linear feet from the new IAF to … Read more

CHICAGO, Ill. — Mortenson Construction has turned an empty 334,700-square-foot warehouse into a state-of-the-art manufacturing plant for Woodward, Inc.'s aerospace components business in suburban Chicago, Illinois. The $90-million project, designed by Ghafari Associates, consolidated Woodward's engineering, R&D, production, testing and administrative operations from a half-dozen locations. In addition to the Niles Campus, Mortenson is the builder for Woodward's new Lincoln Campus in Fort Collins, Colorado that will include a state-of-the art Industrial Turbomachinery facility as well as its new headquarters. The new high-tech facility in Niles offers much greater efficiency and flexibility to meet the needs of customers for Woodward's … Read more