Your source for construction industry news in the Carolinas
Economic and geopolitical uncertainties are affecting nearly every construction market sector, but customers are moving key projects forward in spite of them, according to the latest Market Conditions Report from DPR Construction. “Just about every market is facing its own unique headwinds in addition to things like inflation, supply chain and labor challenges, and election year jitters,” said Matt…
Kyowa Kirin, Inc., an affiliate of Kyowa Kirin Co., Ltd. (Kyowa Kirin) (TSE: 4151), a global specialty pharmaceutical company based in Japan, announced that its board of directors has approved plans to invest up to $530 million to build a new, state-of-the-art manufacturing facility in Sanford, North Carolina. The 171,700-square-foot, two-reactor facility will accelerate the company’s development and production…
The Marcum Commercial Construction Index for the first quarter of 2024 reports that the construction industry continued growing despite various challenges. The index is produced by Marcum’s National Construction Services group. The construction industry continues to benefit from massive investment in manufacturing structures. “Construction spending on manufacturing structures is up 184% over the past four years,” said Anirban Basu,…
Construction Partners, Inc. (NASDAQ: ROAD) (“CPI” or the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Hudson Paving, Inc., headquartered in Rockingham, North Carolina. The transaction adds a hot-mix asphalt plant and related crews and equipment serving the Sandhills region…
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 2.7% in May to 179.0 (2000=100) from the revised April reading of 174.3. Over the month, commercial planning progressed 5.5% and institutional planning slowed by 3.4%. “Owners and developers are gaining confidence in 2025 market conditions, alongside more stable and predictable interest rates –…
Today, Dave & Buster’s, the ultimate entertainment, restaurant, and sports watching destination for families and friends, announces the opening of its completely reimagined location in Winston-Salem, North Carolina, at 3320 Silas Creek Parkway, #300 on June 7. The Future of Play is Here! Literally. The newly updated location takes everything families and crew connectors alike love about Dave &…
JETSET Pilates – the Miami-based, modern Reformer Pilates franchise, combining curated music and fitness for the ultimate revitalizing experience – is thrilled to announce its plans to further expand in North Carolina through franchising. With one multi-unit deal already signed in Raleigh, the brand is seeking aspiring entrepreneurs to bring its 360-workout experience to local communities such as Asheville, Raleigh and Charlotte. The new…
Viewpoint, the acclaimed educational program hosted by renowned actor Dennis Quaid, is thrilled to announce a series of upcoming episodes for the latter half of 2024, dedicated to exploring sustainable technologies in building sciences and architecture. By partnering with leading content providers and industry experts, Viewpoint Project reviews the latest advancements and best practices in sustainable…
Construction vehicle featured in 2024 collection. Hess Corporation announced the release of the newest Mini Toy Truck Collection for $35.99 with free standard shipping and Energizer® batteries included, exclusively at HessToyTruck.com. The annual release of the Hess Mini is a limited-production set of highly detailed, small-scale versions of classic holiday Hess Toy Trucks. This year’s 5-in-1 set includes a mix…
In the second annual Inclusion Barometer, released today by executive search firm Bridge Partners, business leaders show a continued commitment to diversity, equity, and inclusion. Despite a year filled with attacks and criticisms of DEI programs from some well-known business and civic leaders including Bill Ackman, Elon Musk, and Senator Tom Cotton, 72% of C-Suite and Human Resources leaders…
