Your source for construction industry news in the Carolinas
The construction industry added 20,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 248,000 jobs, an increase of 3.3%. Nonresidential construction employment increased by 16,300 positions on net, with growth…
Alcami, a leading contract development and manufacturing organization (CDMO), today announced that the build-out is underway of a new 65,000-square-foot cGMP biostorage facility. Located near the RTP corridor in North Carolina, this new facility will leverage Alcami’s Masy division’s industry-leading biostorage systems and processes and feature high levels of redundancy to ensure the protection of customer-owned…
Duke Energy today announced the recipients of $1 million in grants through the Duke Energy Foundation for North Carolina nonprofits working to advance social justice and racial equity. $25,000 grants will be distributed to 40 organizations across North Carolina. Since 2020, the Duke Energy Foundation has committed more than $8.6 million to social justice and racial equity organizations, with $7.5 million dedicated to support nonprofits across North…
National nonresidential construction spending was down by 0.3% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month. Spending was down on a monthly basis in seven of the 16 nonresidential subcategories….
The construction industry had 371,000 job openings in October, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings decreased by 52,000 last…
Associated Builders and Contractors released the following statement responding to guidance released today by the U.S. Treasury Department and Internal Revenue Service regarding tax credits for private clean energy projects funded by the Inflation Reduction Act conditioned on compliance with prevailing wage and government-registered apprenticeship requirements. “While we are still thoroughly assessing the IRS’ guidance and FAQs, so…
The U.S. Green Building Council (USGBC) is calling for greater action to address climate change following COP27. Even with the new COP27 agreements adopted last week, emission reductions, including those of the building and construction sector which accounts for 40% of energy-based carbon emissions, are not on track to reach net zero by 2050. USGBC…
In recognition of National Apprenticeship Week, November 14-20, The National Center for Construction Education & Research (NCCER) congratulates all apprentices currently training in the United States to become construction craft professionals. However, as the construction workforce ages, the industry is at a critical crossroads. Source: Construction Labor Market Analyzer, 2022. Here are three additional observations….
Titan America LLC is proud to announce the full conversion of its cement plants to the production of Type IL portland-limestone cement, a low-carbon construction material. TITAN Cement Group has committed to limit global warming to 1.5 degrees C and deliver net zero concrete by 2050. Titan America is the first US based cement company to fully convert to…
Nearly 200 of the Carolinas top construction industry young professionals gathered for the Carolinas AGC’s seventh annual Young Leader Conference November 10 – 11, at the Francis Marion Hotel in Charleston, South Carolina. This year’s event featured educational sessions, roundtable and panel discussions, two keynote addresses, leadership skill building, and several networking opportunities. This year’s keynote speakers, Thomas…
