Your source for construction industry news in the Carolinas
None of us knows how much time we have, so don’t put off making the changes you need to make in your life. On January 6, my wife and I spent about an hour and a half in the office of our friend and insurance agent, Brant Barnes, talking about flying (he became a pilot…
BC Construction Group, a national Design-Build construction firm announced the creation of its new Employee Stock Ownership Plan (ESOP), making the company now 100% employee owned. BC Construction Group was founded in 2009 with a clear, focused vision: “deliver the highest level of service to clients nationally.” They’ve achieved this through a proprietary, client-centered…
Duke Energy Carolinas today asked North Carolina regulators to review its rates as the company continues to strengthen the electricity grid to improve reliability for customers and facilitate a cleaner, more secure energy future in a manner that supports economic development across the state. The rate case includes a three-year plan to fund system improvements, including nearly $4.2…
Construction input prices fell 2.7% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also declined 2.7% for the month. Overall construction input prices are 7.9% higher than a year ago, while nonresidential…
With the growing retirement rate of experienced construction professionals and nearly 73,000 projected job openings for first-line supervisors through 2031, it is paramount for organizations to effectively prepare and train the next generation of construction leaders. To help organizations address this critical need, the National Center for Construction Education and Research (NCCER) has updated the Fundamentals of Crew…
Florida’s rapidly expanding biopharma marketplace is a major contributor to advances in pioneering patient therapies and technology-focused health solutions. In order to support the state on this mission, CRB – a leading global provider of engineering, architecture, construction, and consulting solutions to life sciences and food and beverage clients – today announces the opening of its new Jacksonville office. The…
Rogers Building Solutions (RBS) announced it has acquired Sluss+Padgett (S+P), a leading provider of commercial HVAC, plumbing, automation and controls, service, maintenance and retrofit services headquartered in Norcross, Georgia and serves customers in Georgia and South Carolina. RBS is a national HVAC, mechanical and plumbing contractor headquartered in Douglasville, Georgia, providing install, retrofit, service, and…
While spending on nonresidential construction picked up momentum toward the end of 2022, construction spending will moderate in 2023 and slow significantly in 2024, according to a new report from the American Institute of Architects (AIA). Despite macroeconomic headwinds such as inflation, rising interest rates, and weak consumer sentiment scores, the AIA’s Consensus Construction Forecast panel—comprising leading…
Carolinas AGC (CAGC) is pleased to announce the 2023 Foundation Board of Directors. The CAGC Foundation Board is made up of the following members: Chair: Edison Cassels, Edison Foard, Inc.Treasurer: Chad Webb, Cleveland Construction, Inc.CAGC Chair: Mark Johnnie, Balfour BeattyImmediate Past Chair: Claudia Dodgen, Crowder Constructors, Inc.Trustee: Evan Sowell, Langston Construction Co. of Piedmont LLCTrustee: Mike Hall, Hall Contracting CorporationTrustee: Scott Fant, ReevesTrustee: Grey Parks, SC Department of…
FMI Capital Advisors is pleased to announce the sale of Weeks Marine, Inc. (Weeks), one of the largest marine, dredging and tunneling contractors in North America, to Kiewit Corporation (Kiewit). FMI Capital Advisors served as the exclusive financial advisor to Weeks for this transaction. “This acquisition offers substantial opportunities for both companies,” said Kiewit CEO…
