Your source for construction industry news in the Carolinas
AbbVie (NYSE: ABBV) today announced a $1.4 billion investment to build a 185-acre pharmaceutical manufacturing campus in Durham, North Carolina. The state-of-the-art campus will integrate advanced manufacturing and laboratory technologies with artificial intelligence (AI) to support the production of AbbVie’s immunology, neuroscience and oncology medicines. This is AbbVie’s first major investment in North Carolina. The AbbVie…
As artificial intelligence (AI) rapidly transforms industries and becomes an essential jobsite tool for construction and industrial businesses, a new national study from DEWALT, Stanley Black & Decker’s (NYSE: SWK) professional brand, reveals an emerging disconnect – the construction workforce is eager for AI, but lacks the hands-on training needed to unlock its full potential. Experience…
Commercial construction firms are finding work and pursuing growth, but many are still being forced to slow down or walk away from profitable projects when the timing of cash flow falls out of step with project costs. New research from Mobilization Funding, a provider of construction contract financing, shows that cash flow timing is shaping which…
Construction input prices increased 2.2% in March compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 2.3% for the month. Overall construction input prices are 4.8% higher than one year ago, while nonresidential construction…
The construction industry added 26,000 jobs in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 57,000 jobs, an increase of 0.7%. Nonresidential construction employment increased by 12,200 positions, with gains in all three subcategories….
Balfour Beatty continues to make significant progress on several key projects in the Charleston area, reinforcing the company’s commitment to delivering exceptional buildings for clients and the local community. Leveraging expertise across adaptive reuse, mixed-use, hospitality, multifamily and senior living market sectors, Balfour Beatty is delivering and transforming spaces that reflect the region’s growth and…
The NAIOP Research Foundation’s latest Industrial Space Demand Forecast projects steady improvement in U.S. industrial real estate fundamentals as economic conditions stabilize and occupiers regain confidence following a turbulent 2025. Greater clarity around interest rates and reduced concerns about the effects of tariff policy have helped improve the outlook for 2026, according to the report. While political…
Landmark research tool, AI Impact Barometer, by Cushman & Wakefield, offers a data-driven view of where AI is creating demand, risk and opportunity across property markets Cushman & Wakefield (NYSE: CWK) today announced the launch of its AI Impact Barometer, by Cushman & Wakefield, a trailblazing data-driven tool designed to help investors, occupiers and developers…
The Associated General Contractors of America is launching a nationwide campaign to push for new federal highway and transit funding to preserve economic growth in communities across the country, association officials announced today. The campaign, called America’s Moving Forward, launches as a new association analysis of federal employment data found that most major metro areas in the country…
Artificial intelligence is beginning to transform how industrial real estate deals are sourced, evaluated, negotiated, and executed. At the recent NAIOP I.CON West conference in Los Angeles, industry leaders discussed how rapidly advancing AI capabilities are changing the speed and structure of the development and investment process. In a panel moderated by Denice Tokunaga, partner…
Artificial intelligence is rapidly becoming a defining competitive force in the construction industry. But while many firms are experimenting with tools, few are approaching AI as a strategic leadership issue. In his new book, Building Smarter with AI, construction strategist and industry leader Brian Gallagher reframes the conversation. Rather than focusing on technology features or…
As artificial intelligence (AI) rapidly transforms industries and becomes an essential jobsite tool for construction and industrial businesses, a new national study from DEWALT, Stanley Black & Decker’s (NYSE: SWK) professional brand, reveals an emerging disconnect – the construction workforce is eager for AI, but lacks the hands-on training needed to unlock its full potential. Experience…
Associated Builders and Contractors today announced the winners of its 2026 National Craft Championships, who were honored at ABC’s Careers in Construction Awards ceremony during ABC Convention 2026 in Salt Lake City on March 20. The 37th annual competition showcased the skills of more than 200 of the nation’s best craft professionals in trades like carpentry, electrical, HVAC, plumbing, power line…
Commercial construction firms are finding work and pursuing growth, but many are still being forced to slow down or walk away from profitable projects when the timing of cash flow falls out of step with project costs. New research from Mobilization Funding, a provider of construction contract financing, shows that cash flow timing is shaping which…
Construction input prices increased 2.2% in March compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 2.3% for the month. Overall construction input prices are 4.8% higher than one year ago, while nonresidential construction…
CarolinaPower, a leading regional electrical contractor with offices in South Carolina, recently showcased electrical contracting to high school students enrolled in the Building Construction Technology program at the Donaldson Career Center at SCTAC – part of Greenville County Schools in the Upstate region. CarolinaPower team members Chris Traugh, Paul Yanovskiy, David Steffens, Gage Schatz, and…
As artificial intelligence (AI) continues to redefine how we learn and work, DeVry University today announced it will embed AI literacy and skill-building into every course by the end of 2026. This commitment expands access for every student to develop the technical proficiency and applied fluency needed to succeed in an AI-augmented workforce. “Innovation is a foundational element of…
