Senator Thom Tillis (R-NC) joined Wolfspeed President and CEO Gregg Lowe in signing ceremonial “last beam” at the Topping Out ceremony for The John Palmour Manufacturing Center for Silicon Carbide
Business
Streamline Your Construction Lien Management with Bectran and NCS Credit Integration
Bectran, Inc., the industry leader in credit, collections, and accounts receivable management technology has announced a new collaboration with NCS Credit, a renowned provider of Mechanic’s Lien, UCC, and collections solutions. This partnership unveils an innovative Mechanic’s Lien integration solution tailored specifically for construction professionals, providing users with a streamlined approach to safeguard their projects and efficiently…
7 Ways Employers Can Enhance Their Competitive Edge for Human Talent
Almost seven in 10 employers (69%) either currently use or plan to use robotics or artificial intelligence to augment their human workforce, according to a new survey by nonprofit Transamerica Institute® and its Transamerica Center for Retirement Studies® (TCRS). “Robotics and artificial intelligence may be revolutionizing the business world, but human workers are still critically needed….
A/E Firm Goodwyn Mills Cawood Relocates, Expands Growing Charlotte office
Architecture and engineering firm Goodwyn Mills Cawood (GMC), one of the Southeast’s most comprehensive multi-disciplined firms, has moved from its former Charlotte location to a larger office space just across the street on Park Road to accommodate further growth. “We’re thrilled about transitioning into a fresh workspace that enables us to grow our team and…
Two Mashburn Projects Win Carolopolis Awards
On February 29, 2024, two projects constructed by Mashburn Construction received awards through the 70th Annual Carolopolis Awards hosted by the Preservation Society of Charleston. The event seeks to honor preservation marquee projects of the Charleston region that highlight the best of preservation work in the architecture, engineering, and construction industry. The Carolopolis Award was created…
Markets
Forza X1, Inc. Updates Construction Progress on North Carolina Facility
Forza X1, Inc. (Nasdaq:FRZA) (“Forza,” the “Company”), a developer of electric sport boats aimed at promoting sustainable recreational boating, announced today most of the concrete for the 60,000 square foot floor has been poured and crews are scheduled to start setting steel this week at the site of the Company’s state-of-the-art manufacturing facility located on…
CIRT Sentiment Index: First Quarter 2024
The Construction Industry Round Table (CIRT) and FMI recently published the CIRT Sentiment Index for the First Quarter of 2024. CIRT members recorded much stronger optimism across index components, including sentiment toward the U.S. economy, the economy where members operate, members’ construction businesses and the nonresidential sector. The overall index score rose to 64.9 from…
Krystal Breaks Ground in North Carolina With New Design
Krystal Restaurants LLC, the original quick-service restaurant chain in the South, announces a strategic expansion into North Carolina, marking a pivotal step in the brand’s plans to expand across the United States. The new builds will boast a sleek and contemporary design and cater to consumers’ on-the-go dining desires. The location is projected to open…
NAOIP Industrial Space Demand Forecast: Cooling Market Signifies Return to Normal
Demand for industrial space is expected to cool following a period of rapid expansion. The market for industrial real estate faces headwinds from a large volume of project completions and a slowing economy, but this trend reflects more of a return to normal than a negative outlook for the sector, according to the just-released NAIOP Industrial…