Your source for construction industry news in the Carolinas
Consulting firm Deloitte recently released its outlook on the industry. The construction industry added more than $900 billion to the US economy in the first quarter of 2020—its highest level since the 2008 recession. It employed 7.64 million people in February 2020, also the highest levels since 2008. Then, COVID-19 reached the United States, causing…
A new industrial space demand forecast, published by the NAIOP Research Foundation, projects total net absorption in 2021 to be 314.9 million square feet, with a quarterly average of 78.7 million square feet. In 2022, net absorption is projected to be 231.6 million square feet, with a quarterly average of 57.9 million square feet. According to…
Gilbane Building Company is pleased to announce the addition of Rob Clark as Client Account Manager for Gilbane’s Federal Facilities U.S. Business Unit. Rob is a 25-year veteran of the U.S. Army Corps of Engineers (USACE), most recently as the Commander of the Wilmington (NC) District. In this position, Rob led a team of more…
Fluor Corporation (NYSE: FLR) announced today that its joint venture team, Fluor-Lane South Carolina, comprised of Fluor and The Lane Construction Corporation, has opened phase one of the Port Access Road for the South Carolina Department of Transportation (SCDOT) in Charleston, South Carolina. Fluor JV completes first phase of Charleston, S.C. port access road. (Photo: Business…
Officials of BMW Manufacturing, along with South Carolina Secretary of Commerce Bobby Hitt, broke ground for a new $20 million, 67,000 square-foot training center on the BMW campus. The investment is a continuation of BMW’s 2017 commitment to invest $200 million over five years into workforce training. When completed in the summer of 2022, the…
Construction input prices increased 2.5% in January 2021 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 rose 2.1% for the month. Construction input prices rose 4.8% from a year ago. Nonresidential construction input prices…
Measure Denies Workers Absolute Right to Secret and Fair Union Elections, Forces Them to Become the Victims of Union Disputes, Will Unleash Strikes and Disruptions that Will Kill Jobs, Hurt Recovery The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the introduction in Congress today…
This is part 2 of 10 helpful tips for developing your RFI process to manage and handle RFIs from the Field Crew to your Office Staff. Construction projects average hundreds of request for information (RFIs) each year, making it essential that project stakeholders maintain an efficient RFI process in the field. Additionally, it is essential…
Soaring Prices And Delivery Delays For Lumber, Steel And Other Inputs Squeeze Finances For Construction Firms Already Burdened By Pandemic
Offering Undocumented Immigrants a Path to Legal Status Will Put an End to Unfair Competition and Labor Exploitation, But Bill Fails to Create a Construction Worker Visa Program, Has Other Flaws The Associated General Contractors of America’s chief executive officer, Stephen E. Sandherr, issued the following statement in reaction to the introduction in Congress…
