Your source for construction industry news in the Carolinas
Intelligent Highway Solutions, Inc. (OTC PINK:IHSI) announced today that the last three months sales results for Cresent Construction Co, Inc. exceeded $1.3M. Devon Jones, CEO of Intelligent Highway Solutions stated, “It’s time we began discussing the incredible value that Cresent Construction brings to our company. For the prior three months, Cresent finished with over $1.3M…
The nearly 48,000-mile Interstate Highway System literally moves the U.S. economy. It carries 75 percent of the nation’s heavy truck traffic. A new report finds there is the equivalent of one “structurally deficient”-rated bridge, on average, for every 27 miles of our major highway network. The 1,800 structurally deficient Interstate bridges are crossed 60 million…
US business investment projects accounted for $142 billion in capital investment in 2016, according to the EY 2017 US Investment Monitor (USIM), an annual report prepared by Ernst & Young LLP’s Quantitative Economics and Statistics (QUEST) and Indirect Tax practices. Nearly 5,400 business investments were announced in 2016 and are expected to create or retain…
NCCER recently released the much anticipated second edition of its Heavy Highway Construction curriculum, now with two levels. In addition to modules designed specifically for heavy highway construction, the revised program offers a new Heavy Highway Helper credential and introduces trainees to the various crafts that are utilized in the heavy highway industry. Comprised of…
Today, the U.S. Green Building Council (USGBC) released the annual list of the Top 10 States for LEED (Leadership in Energy and Environmental Design), the world’s most widely used green building rating system. The list ranks states in terms of certified square feet per resident in 2017. The list draws attention to states throughout America…
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until…
The construction industry is in the midst of a skilled workers shortage across all lines of work. It affects design and construction professionals along with trade craftsmen. Skilled workers have left the industry as a result of the economic downturn, an aging workforce, and insufficient pipeline of younger workers. The overall economy masked the shortage…
Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union speech. “Associated Builders and Contractors appreciates President Trump’s focus on creating a strong economy with limitless opportunities for all Americans. The president is right, America is a nation of builders, and ABC…
President Donald Trump delivered his first State of the Union Address last night. During the address, the President touted key programs that will have a significant impact on the construction industry. This included legislation focused on workforce development, infrastructure and immigration. “I am asking both parties to come together to give us the safe, fast, reliable, and…
The S.C. Department of Commerce released its 2017 industry recruitment results. In total, the state won 157 economic development projects last year, accounting for $5.24 billion in capital investment and 18,445 new jobs. “South Carolina has become an industrial powerhouse,” said Secretary of Commerce Bobby Hitt. “To recruit more than $5 billion in capital investment…
