Your source for construction industry news in the Carolinas
Construction costs climbed again in March, with increases for a wide range of building materials, including many that are subject to proposed tariffs that could drive prices still higher and cause scarcities, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials warned that tariffs on…
Duke Energy’s new 750-megawatt combined-cycle natural gas plant at the W.S. Lee Station in Anderson County, S.C., began serving customers on April 5, 2018. The energy generated from this unit helps power the lives of customers in South Carolina and North Carolina. Construction of the $700 million plant started in March 2015. Customers rely on…
The Carolinas Associated General Contractors (CAGC) recently announced their Class of 2018 Hall of Fame/Legacy winners. CAGC and their members will honor the winners at the 2018 Summer Summit & Expo July 26-29, as they are formally inducted into the Carolinas AGC Hall of Fame. The Class of 2018 Hall of Fame/Legacy winners are: Hall…
The tragedy on Florida International University’s campus recently that resulted in six deaths and multiple injuries is a reminder to us the necessity of having a crisis communications plan. When tragedy occurs and the news spreads quickly, having a plan in place that can be easily implemented is key. No matter your organizational structure or…
The Economic Development Partnership of North Carolina is pleased to announce the release of our 2017 Annual Report. Titled “Making Connections,” this year’s report is dedicated to EDPNC’s network of investors, partners, and community members across the state. Economic development is a team sport—yes, it’s true that one of the biggest clichés in economic development…
Nonresidential construction spending inched 0.1 percent higher in February, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data released today. Nonresidential spending, which totaled $732.8 billion on a seasonally adjusted, annualized basis, has expanded 1.3 percent since February 2017. Private sector nonresidential construction spending increased 1.5 percent on a monthly…
Construction companies that work towards operational efficiency find ways to deliver goods and services in a cost effective manner without sacrificing quality. Obviously, an operational efficiency goal for all construction projects is to deliver the project on time and within budget. Because the scope of construction projects is so large, there are many ways to…
Contractors often understandably assume that the end of a contractual warranty period marks the end of their potential liability on a project. Unfortunately, while a warranty can effectively limit obligations to make certain repairs, liability for defective construction does not end with the warranty. Instead, the duration of risk is primarily determined by two types…
In Part I of this article, I opened with an experience I had as a contractor when my project superintendent called and said, “A Guy Just Died Out Here!” Part II of the article provides some insight into how you might handle the OSHA site inspection after an injury. We all believe we understand criminal…
FMI Corporation, a provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, released its 2018 first quarter construction outlook. The publication offers comprehensive construction forecasts for a broad range of market segments and geographies across North America, as well as information on key market drivers. Key highlights…
