Your source for construction industry news in the Carolinas
As one of the largest industries in the county, the electrical contracting industry is valued at more than $130 billion annually. There are more than 70,000 electrical contracting firms and more than 650,000 electrical workers who work every day to provide homes, businesses, and public services providers with the power they need. (Image provided by:…
According to OSHA, more than 20% of all private-industry worker deaths occur in construction, making the construction industry one of the most dangerous professions. In 2020, the pandemic ushered in a new host of health and safety issues and focused on workers’ health and safety. This emphasis will likely continue in 2021 — and even…
U.S. News – Best Lawyers® released the 2021 “Best Law Firms” rankings and Elmore Goldsmith Kelley & deHoll, P.A. has been recognized in four areas. For the Greenville metropolitan area, the firm has received tier one rankings for Construction Law, Litigation–Construction, Litigation–Securities, and Commercial Litigation. Firms included in this eleventh edition are recognized for professional…
A new office space demand forecast published by the NAIOP Research Foundation projects a period of negative absorption through late 2020 and early 2021, but total net absorption from Q2 2021 to Q3 2022 will exceed negative absorption from the recession, resulting in overall gains. In addition, the forecast negative absorption is less than the negative absorption…
The Equipment Leasing & Finance Foundation (the Foundation) releases the November 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. The index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $900 billion equipment finance sector. Overall, confidence in the equipment finance market is…
Revised versions of NCCER’s Core: Introduction to Basic Construction Skills, Concrete Construction Levels 1 – 2, Electronic Systems Technician Levels 3 – 4 and Roofing Levels 1 – 2 will be released in 2021. Written in conjunction with national subject matter expert committees, these curricula offer the standardized training and portable credentials trusted by the…
Last week concluded the annual Greenbuild Conference & Expo, presented by the U.S. Green Building Council (USGBC) and owned and operated by Informa Connect. Throughout this year’s virtual event, USGBC delivered key updates intended to help push the industry closer to a regenerative future as outlined through LEED Positive, while prioritizing solutions that promote social equity, resilience…
Total construction starts rose 12% in October to a seasonally adjusted annual rate of $787.9 billon. While sizeable, the increase does not erase September’s substantial pullback in starts. All three major categories moved higher over the month, nonbuilding starts rose 25%, nonresidential buildings increased 19%, while residential activity gained 2%. Four of the five regions…
While final vote presidential votes tallies are still being calculated amid legal challenges, leaders of design and construction firms should prepare for how the new Biden presidency will impact the construction industry. From regulations and taxes, to renewable energy, infrastructure spending and immigration, the Biden administration will have a profound impact on the construction industry….
Right now, the steel and construction industries are in a labor shortage that hasn’t been seen in quite some time. Making this even more difficult is the fact that there is no shortage of projects to do. However, with steel structures getting more and more complex, there’s a need for more people to do the…
