Your source for construction industry news in the Carolinas
Lonza, one of the world’s leading suppliers to the pharmaceutical, biotech and specialty ingredients markets, today announced plans to expand operations in Greenwood County. The company is investing $46 million over the next five years and is expected to generate 30 new jobs as a result. “Lonza is making a significant investment in our operations…
Nonresidential construction spending declined 0.3 percent in March, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. Nonresidential spending, which totaled $740.9 billion on a seasonally adjusted, annualized basis, has expanded 2.5 percent on a year-over-year basis. February’s spending estimate was revised roughly $10 billion higher, from $732.8…
This is a question we sometimes get from contractors who are either on the receiving end of a payment bond claim for the first time or have deeper concerns about their current bonding relationship. An important first step is to review the fundamental difference between insurance policies (which provide coverage against the risk of defined…
How Robots are Changing Construction (Robotics Break New Ground in the Industry) Earlier this year, a San Francisco-based technology firm, Built Robotics, made headlines by sharing its progress toward self-operating construction machinery. The company led by a former Google engineer has received several million in venture capital to continue its development of the automation technology…
GroundBreak Carolinas Guest Column This is a critical week in deciding which path South Carolina takes on a vital question of economic and energy policy. Will the state Senate support a permanent solution to the new nuclear failure at the V.C. Summer plant or go with a temporary action that could be damaging in the…
SGA Architecture, which has office locations in Charleston, Greenville and Pawleys Island, SC, and John Tarkany Associates, based in Charleston have announced plans to merge. John Tarkany will be joining SGA as a principal of the firm. Architects Chris Owings, Joseph O’Callaghan and Todd Baxley will also be joining SGA. who will lead the firm’s…
Once again this year, three leading design and construction industry service providers have teamed to sponsor the Salute to the Design and Construction Industry. The GroundBreak Carolinas’ staff had three questions for each of this year’s sponsors: BB&T Construction Risk Services What are the key trends impacting your business (or client’s business)? Construction project financing…
Construction activity in South Carolina continues at a brisk pace. But what does the future hold for construction activity in the Palmetto State? “If you thought 2017 felt like it was a good year, then you ought to feel pretty good about 2018 and 2019,” said Dr. Bruce Yandle, an economist with George Mason University, and…
Trimble (NASDAQ: TRMB) announced today it has entered into a definitive agreement to acquire privately-held Viewpoint from Bain Capital in an all-cash transaction valued at $1.2 billion. Viewpoint is highly complementary to Trimble’s e-Builder business, and will extend Trimble’s ability to provide more complete and integrated project, jobsite and business workflows across the construction lifecycle….
Thirty-eight states and the District of Columbia added construction jobs between March 2017 and March 2018, while 29 states added construction jobs between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials said the job gains are coming amid strong private-sector demand…
