Your source for construction industry news in the Carolinas
The construction industry lost 5,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than 1 million (91%) of the jobs lost during earlier stages of the pandemic. Nonresidential construction employment declined by…
Associated Builders and Contractors today blasted President Biden’s executive order that encourages the use of controversial project labor agreement mandates on federal construction projects that are funded by taxpayers. “President Biden’s new policy will not help America ‘Build Back Better;’ instead, it will exacerbate the construction industry’s skilled workforce shortage, needlessly increase construction costs and reduce opportunities for local…
The South Carolina Department of Commerce today released its 2021 industry recruitment results, which break multiple records set throughout the past decade. In total, the state won 153 projects, accounting for $5.7 billion in capital investment and more than 18,000 new jobs. “South Carolina’s strong industry recruitment in 2021 proves that we are a state…
Eli Lilly and Company, a global health care leader, announced plans to build a new manufacturing site in Concord, North Carolina. The company will invest $1 billion toward the development of a new facility that will create nearly 600 jobs and utilize the latest technology to manufacture parenteral (injectable) products and devices. “Lilly’s choice brings more good…
CHARLOTTE, NC, January 26, 2022 – Gvest Capital partners with Choate Construction Company to break ground on the historic renovation of the Ervin Building. Held on the 57th anniversary of the building’s original opening date, the groundbreaking ceremony celebrates a new beginning for the historic east Charlotte complex. More than 40 surrounding neighborhoods, represented through community associations…
CHARLESTON, SC, January 28, 2022— Thomas & Hutton (T&H), a southeastern consulting and design firm with an emphasis on land development and infrastructure, names Chris Magaldi, PE as Regional Director for its Charleston region. Magaldi’s responsibilities will include business development and maintaining client relationships for all departments in the Charleston area, including Charleston, Berkeley, and…
Carolinas AGC (CAGC) has bestowed the 2020-2021 Pinnacle Awards to twelve construction projects which enhance their communities, and the “Build with the Best” Pinnacle Award to three individuals who collaborated to educate and support the construction industry during the pandemic. Pinnacle entries are judged on unique aspects and challenges, special values, project management, budget and…
Boom Supersonic, the company building the world’s fastest and most sustainable supersonic airliner, announced plans to build the Overture Superfactory that will serve as its primary manufacturing and production site in Greensboro, N.C. The new facility, which will be located at Piedmont Triad International Airport (PTI), builds upon the state’s storied legacy of aerospace innovation, starting with…
Baker Glasgow has been named the new president of Clancy & Theys following David T. “Tim” Clancy’s retirement. As of January 1, 2022, Baker began his role as president. He will define and lead corporate strategy and vision, oversee the company’s operations, and strengthen the organization’s infrastructure, systems and processes. Baker has a legacy of…
According to a new report from the American Institute of Architects, the nonresidential building sector is expected to see a healthy rebound through next year after failing to recover with the broader economy last year. The AIA’s Consensus Construction Forecast panel—comprising leading economic forecasters—expects spending on nonresidential building construction to increase by 5.4 percent in…
