Obama pushes infrastructure plans

May 20, 2013 | 04:26 PM | Samuel Frizell

Tags  executive order, infrastructure, President Barack Obama, Associated General Contractors of America, Marcia Hale, Building America's Future, Samuel Frizell

NEW YORK — President Obama has signed an executive order aimed at speeding up major infrastructure projects by modernizing permitting practices and regulations, a move some say could benefit suppliers of steel and other structural components by getting backlogged construction projects off the ground sooner.

According to the White House, the order is intended to "modernize the federal government’s review and permitting of infrastructure projects and reduce aggregate timelines for major infrastructure projects by half."

Specific projects mentioned in the order include roadways, railroads, aviation, ports, renewable energy generation, pipelines, bridges and canals.....

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