Groundbreak Carolinas

GroundBreak Carolinas

Your source for construction industry news in the Carolinas

Brian Gallagher

Greenidge Generation Announces Sale of South Carolina Property to Data Journey for $12.1 Million and 8% Stake in Planned Data Center’s Profits

by GroundBreak Carolinas Staff on

Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency data center and power generation company, today announced that it has entered into a definitive agreement to sell its 152-acre Spartanburg, South Carolina property (the “Spartanburg property”) to Data Journey LLC (“Data Journey”) for $12.1 million in cash and an 8%…

Graycor Promotes Dave Wing to Chief Executive Officer

by Graycor on

Graycor Co-Chairs Matthew Gray and Steven Gray announced that Dave Wing has been promoted to CEO from President and COO of the Graycor family of companies. Wing joined Graycor as a project engineer in 1991 and has been promoted several times throughout the past 33 years, helping to grow the company through safety leadership, client…

U.S. Put-in-Place Construction Forecasts – Winter 2024

by ConstructConnect on

ConstructConnect Projects US Put-in-Place Construction Spending of $2.15 Trillion in 2024 ConstructConnect Chief Economist Michael Guckes released the US Put-in-Place Construction Forecast for Winter 2024 today. According to the report, total put-in-place construction spending for 2024 is expected to reach $2.15 trillion, marking a 6.4% increase from 2023. Although slightly lower than the last quarterly projection of $2.16 trillion, this updated…

NAOIP Releases the Fall 2024 CRE Sentiment Index

by NAOIP on

KEY FINDINGS The NAIOP CRE Sentiment Index for September 2024 is 56, an increase from the April 2024 reading, indicating that respondents expect conditions for commercial real estate to improve over the next 12 months (see Figure 1). Respondents have a positive outlook for every component that comprises the Index except for construction labor costs,…

Carroll Daniel Construction Co. Acquires O’Neal Inc. Engineering

by Carroll Daniel on

Carroll Daniel Construction Company has acquired the assets of O’Neal Inc. Engineering of Greenville, SC. The business units of O’Neal Inc. will combine with Carroll Daniel’s existing in-house Engineering and Architecture groups, which will operate as Carroll Daniel Engineering going forward. The acquisition includes the addition of over 100 engineers and support staff to Carroll…

A Professional Approach to Holiday Parties

by Brian Gallagher on

Navigating Holiday Parties: Opportunities, Risks, and the Importance of Professionalism As the holiday season approaches, the calendar fills with office parties, client gatherings, and social events. These celebrations offer a fantastic opportunity to connect with colleagues, strengthen relationships, and recognize the successes of the year. However, they also come with risks that can have long-term…

Celebrating Project Success

by GroundBreak Carolinas Staff on

ABC Carolinas Celebrates Projects & People at 2024 Excellence in Construction (EIC) Awards Gala Associated Builders and Contractors Carolinas Chapter (ABC Carolinas) celebrated over 50 projects collectively worth $1.2 billion at the annual ABCC Excellence in Construction (EIC) Awards Gala on November 7, 2024. The ABC EIC Program is the industry’s leading competition that honors both…

Energy Prices Drive Construction Materials Costs 0.3% Higher in October

by Associated Builders and Contractors on

Construction input prices increased 0.3% in October compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data recently released. Nonresidential construction input prices also increased 0.3% for the month. Prices increased in all three energy subcategories last month. Natural gas prices increased…

Balfour Beatty Hires Annette Ebright as Vice President of Compliance

by GroundBreak Carolinas Staff on

Balfour Beatty is pleased to announce the hiring of Annette Ebright as the company’s vice president of compliance based out of the company’s Charlotte office in North Carolina. In her new role, Annette oversees the implementation of legal, regulatory, and operational compliance and manages risk assessments for Balfour Beatty’s Buildings and Civils businesses. She also…