Brian Gallagher

2022 Total Compensation Benchmarking Tool for East U.S Architecture, Engineering, Construction (AEC) Firms

by GBC Staff on October 13, 2022

The “2022 Total Compensation Benchmarking Tool for U.S Architecture, Engineering, Construction (AEC) Firms – East Edition” report has been added to ResearchAndMarkets.com’s offering. The Total Compensation Benchmarking Tool is a comprehensive Excel-based tool for firm leaders to make real-time decisions that impact firm performance and profitability. Based on data from hundreds of AEC firms across the U.S., this tool is the new standard…

Anser Advisory Pledges to Increase Equity in Infrastructure and Support Building Generational Wealth for Historically Underutilized Businesses

by Brian Gallagher on October 12, 2022

Anser Advisory, ranked 14 in ENR’s 2022 Top 50 Program Management Firms, 2nd on the Zweig AE Fastest Growing Hot List for 2022, and a certified Great Places to Work organization, has increased their commitment to equity through supporting the Equity in Infrastructure Project (EIP). EIP’s mission is to build generational wealth and reduce the racial wealth…

Bobcat Company Celebrates Completion of Manufacturing Facility Expansion in Statesville, N.C.

by GBC Staff on October 12, 2022

Bobcat Company, a global leader in the compact equipment industry, today celebrated the completion of its Statesville manufacturing facility expansion with a ceremonial ribbon cutting attended by company leaders, employees and community members. The $70 million investment makes the location the company’s largest manufacturing facility in North America and will add hundreds more jobs in…

ABC’s Construction Backlog Indicator Jumps in September; Contractor Confidence Remains Steady

by Associated Builders and Contractors on October 12, 2022

Associated Builders and Contractors reports today that its Construction Backlog Indicator increased to 9.0 months in September, according to an ABC member survey conducted Sept. 20 to Oct. 5. The reading is 1.4 months higher than in September 2021. Backlog reached its highest level since May 2022 and is once again above the level observed…

ABC Opposes the Biden Administration’s New Independent Contractor Proposed Rule

by Associated Builders and Contractors on October 11, 2022

Associated Builders and Contractors today responded to the U.S. Department of Labor’s announcement of a proposed rule to rescind and replace a commonsense, ABC-supported final regulation on independent contractors. “ABC is deeply disappointed that the Biden DOL is moving forward with a proposed rule that will disrupt legitimate independent contractors, which are an essential component of the…

New Research Reveals Embodied Carbon Reductions Now a Top Priority in Concrete Construction

by Dodge Construction Network on October 11, 2022

New research released today by Dodge Construction Network reveals that the building industry is actively seeking to reduce the carbon footprint of concrete construction. The data shows that 81% of structural engineers and 69% of contractors working with concrete are tracking the embodied carbon on their projects, and about one third are already actively reducing it. Concrete…

Dodge Momentum Index Rises In September

by Dodge Construction Network on October 10, 2022

The Dodge Momentum Index (DMI), issued by Dodge Construction Network, improved 5.7% (2000=100) in September to 183.2 from the revised August reading of 173.4. The DMI is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. In September, the commercial component…

New Study Shows Power of Site Organization Analytics to Boost Productivity

by Dodge Construction Network on October 9, 2022

A new study from Dodge Construction Network and Versatile®, a construction technology pioneer using artificial intelligence (AI) and the internet of things (IoT) to optimize construction processes, found using data-backed measurements and benchmarks is the most effective way to enhance site organization efforts. A fundamental task of every construction project is site organization; however, various obstacles can prevent general contractors…

Boom Supersonic Announces Tooling and Automation Supplier for Overture Superfactory

by Boom Supersonic on October 7, 2022

Boom Supersonic, the company building the world’s fastest airliner, optimized for speed, safety, and sustainability, today announced that it has selected Advanced Integration Technology (AIT) as the tooling and automation provider and integrator for the Overture final assembly line. This strategic partnership is an important prerequisite for aircraft production at the Overture Superfactory in Greensboro, North Carolina. Site…

Despite a Weak Q3, Luxury Second Home Demand Remains Far Above Pre-Pandemic Levels

by Pacaso on October 7, 2022

Mortgage rate hikes, a weak stock market and general economic concerns, particularly regarding the housing market, combined to deter many buyers from purchasing a luxury second home in Q3 2022 resulting in a 28% quarter-over-quarter decline in mortgage rate locks across the country, according to data analyzed by Pacaso’s research team. “Remote work has become…