Your source for construction industry news in the Carolinas
Carolinas AGC Leaders last week met with Congressional delegation representatives from North and South Carolina to discuss issues important to the construction industry, ranging from help with the workforce shortage to opposing impractical proposed heat standards. The Capitol Hill visits were part of AGC of America’s annual National Chapter Leadership Conference that drew about 250…
National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.1%,…
The pandemic brought into sharp focus the importance of having a healthy and functioning supply chain, that critical system by which goods are delivered from factories to doorsteps. But how does the process work in reverse, when items are returned and sent back? And what happens to the returned items? Today, the NAIOP Research Foundation…
Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today announced that it has reached an agreement through its Marsh McLennan Agency business to acquire McGriff Insurance Services, LLC, an affiliate of TIH. McGriff is a leading provider of insurance broking and risk management services in the United States, with $1.3 billion of…
Associated Builders and Contractors today participated in a White House-sponsored roundtable discussion, “Recovery in the Workplace: Investing to Build the Workforce of Tomorrow,” which convened more than a dozen leading corporations, business groups and government leaders at the White House in Washington, D.C., to highlight the importance of recovery-ready and recovery-friendly workplaces and share best…
The pandemic brought into sharp focus the importance of having a healthy and functioning supply chain, that critical system by which goods are delivered from factories to doorsteps. But how does the process work in reverse, when items are returned and sent back? And what happens to the returned items? Today, the NAIOP Research Foundation…
It has now been nearly two years since firms saw sustained growth. However, clients are still expressing interest in new projects, as inquiries into work have continued to increase during that period. However, those inquiries remain challenging to convert to actual new projects in the pipeline, as the value of newly signed design contracts declined…
The net absorption of industrial real estate – the amount of space occupied minus space vacated over a given period – has slowed from record levels in the wake of the pandemic, but the sector remains strong, according to the most recent NAIOP Industrial Space Demand Forecast. Total U.S. industrial net absorption in the first half…
Lovett Industrial, a Houston-based real estate investment firm, recently closed on a 27.4-acre land site and is preparing to break ground on Durham Logistics Center, consisting of 351,030 square feet of Class-A industrial space in Durham, North Carolina. Situated at a prime location facing the intersection of I-85 and I-885 in Durham, North Carolina, the…
Associated Builders and Contractors today released its fourth annual construction technology report, which focuses on the impacts of artificial intelligence in the construction industry. The report includes a case study and thought leadership from ABC’s Tech Alliance to showcase how ABC is strengthening members’ understanding of AI. “ABC contractor members and the overall contracting community want more information…
Experts predict that artificial intelligence (AI) will follow in the footsteps of technologies like search engines and cloud computing, becoming a mainstream tool across industries. Despite challenges such as limited expertise and data complexity, AI is making strides in construction projects, though adoption in this field still trails other sectors. A McKinsey report highlights the…
94 Percent of Construction Firms Report Having a Hard Time Finding Workers to Hire, Undermining Efforts to Build Infrastructure & Other Projects As Industry Calls for Better Federal Workforce Policies The nation’s failure to invest in construction workforce education and training programs is having a real, measurable impact on the country’s ability to build infrastructure…
At WRYKER Construction Supply, we have talked a lot about on-the-job safety in the Toolbox Talks on our blog. We have covered scaffolding, ladder safety, heat stress, and women’s PPE. Today, we want to talk about something a little bit different: Off-the-job safety. Every year 55,000 people die accidental deaths off-the-job. These deaths come mostly…
National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.1%,…
It has now been nearly two years since firms saw sustained growth. However, clients are still expressing interest in new projects, as inquiries into work have continued to increase during that period. However, those inquiries remain challenging to convert to actual new projects in the pipeline, as the value of newly signed design contracts declined…
While Construction Science and Management (CSM) students at Clemson University were on summer break, the Nieri Department of Construction, Development and Planning hosted a camp attended by 15 high school students of various ages from across the country. The camp was organized by Alastair Boulding, Professor of Practice in Clemson’s Department of Construction, Development and…
Carolinas AGC Foundation awarded $20,000 ($8,000 more than in past years) to eleven students who are entering the commercial construction industry. After having a record-breaking number of applicants, the selection committee had the hard task of narrowing down the applications and selecting this year’s scholarship recipients. Congratulations to these 11 students selected to receive scholarships. The future is looking…
