Your source for construction industry news in the Carolinas
Fluor Corporation (NYSE: FLR), which has significant operations in Greenville, SC, announced financial results for its first quarter ended March 31, 2017. Net earnings attributable to Fluor for the first quarter were $61 million, or $0.43 per diluted share, compared to $104 million, or $0.74 per diluted share a year ago. The primary reason for…
Construction employment increased in 224 out of 358 metro areas between March 2016 and March 2017, declined in 92 and stagnated in 42, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Based on percent change in construction employment, the Greenville-Spartanburg-Anderson was ranked as the #12…
Construction spending dipped slightly in March, just one month after building activity hit an all-time high. According to the Commerce Department, construction spending slipped 0.2 percent in March to a seasonally adjusted $1.218 trillion. Last month, construction spending rose 1.8 percent to a record high of $1.22 trillion. “Construction spending totals during the past two months are at…
Hiatt & Mason Enterprises, Inc., a structural steel erection services company, has agreed to pay $35,000 and provide other relief to settle a racial harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The EEOC had charged that Hiatt & Mason violated federal law when it subjected a…
LS3P recently announced that three projects were honored with awards for design excellence during the 2017 AIA SC Design Conference held in Charleston on April 22. The Secret Hollow Trail Residence, designed by LS3P’s residential team Neal Prince Studio, won an Honor Award in the Robert Mills Residential Award category. The residence, a 3,000 square…
As part of the company’s never-ending commitment to accepting nothing less than Zero Harm for anyone coming into contact with its work, Balfour Beatty US has kicked off its Safety Week 2017 activities. Joining forces with over 60 national and global construction firms to sponsor the week-long campaign beginning May 1, Balfour Beatty teams and…
The Construction Financial Management Association (CFMA) joins companies across the U.S. in drawing attention to efforts to ensure workers’ safety and well-being on construction jobsites during National Safety Week, May 1-5, 2017. While jobsite safety often includes discussions around injuries, hazards, incident reporting, and first aid, CFMA has been focused on promoting mental health and…
Builders Mutual, a leading writer of commercial insurance for the construction industry in the Southeast and Mid-Atlantic, announces the establishment of the Job-Site Safety Institute (JSI), a nonprofit organization dedicated to conducting safety research for residential and commercial job-sites to produce studies that improve safety and protect lives in Raleigh, NC. The establishment of JSI…
Crowder Construction was recently honored as a winner of the Charlotte Business Journal’s Family Business Awards for family businesses with more than 250 employees. This award honors multi-generational, family-owned businesses in the Charlotte area for overall excellence, innovation, ethics, philanthropy and contribution to the strength of the region.of this project to be September 2018 Read…
Expectations for the construction industry 2017 are less optimistic, but the majority of industrial and commercial construction contractors still expect to experience growth this year, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales and staffing levels—fell by more than five…
