Your source for construction industry news in the Carolinas
To delegate or not to delegate? That is the question. Delegation is something that’s a struggle for many. The two biggest obstacles to delegation and causes of micromanagement are CONTROL and TRUST. The person delegating wants to control what’s done, when it’s done and how it’s done. In that case, it shouldn’t be delegated because…
Cullum, a full-service mechanical maintenance and construction company headquartered in North Charleston, South Carolina, announces that Jose Monteiro has been promoted to Superintendent. Monteiro found his love of construction at an early age, helping his father build and renovate homes in Brazil. After serving in the Brazilian Army, Monteiro worked for eight years as the…
The Dodge Momentum Index dropped 3% in August to 148.7 (2000=100) from the revised July reading of 154.0. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a…
A privately-owned business reflects a lifetime of hard work, and it is understandable to wish those values to continue when it is time for a company to change hands. With an ESOP, an owner will have the opportunity to establish a legacy and help provide for the future of the company’s employees that have helped…
LyonJay announced their new joint venture company, Gaskin Banks. Gaskin Banks has joined together experts in land development to provide solutions that will better service institutional Build-For-Rent aggregators. The company’s main goal is to redefine land development by adding value and providing unmatched service, with a vision of bringing communities to life. By partnering with…
The law firm of Elmore Goldsmith Kelley & deHoll is pleased to announce that the firm’s attorneys have been selected by their peers for inclusion in The Best Lawyers in America® for 2022: L. Franklin “Frank” Elmore: Construction Law and Litigation–Construction Mason A. “Andy” Goldsmith, Jr.: Construction Law and Litigation–Construction Bryan P. Kelley: Construction Law…
The “2021 Total Compensation Benchmarking Tool for U.S Architecture, Engineering, Construction (AEC) Firms – East Edition” report has been added to ResearchAndMarkets.com’s offering. This Excel-based tool for firm leaders to make real-time decisions that impact firm performance and profitability. The Total Compensation Benchmarking Tool: Total Compensation Benchmarking Tool – Dynamic Excel File Base compensation Bonus dollar figures Bonus as…
National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $786.7 billion for the month. However, spending was down on a monthly basis in six of 16 nonresidential subcategories. Spending in…
Forty years ago, Metallica’s Lars Ulrich took out a classified ad in a Los Angeles newspaper that landed him and his soon-to-be Metallica co-founder James Hetfield the job of their dreams. This Labor Day, Carhartt and Metallica’s All Within My Hands foundation are taking a page out of the band’s playbook to recruit a new generation of people to the skilled trades as the U.S. faces…
Caterpillar Inc. (NYSE: CAT) today announced it will begin offering Cat® generator sets capable of operating on 100% hydrogen, including fully renewable green hydrogen, on a designed-to-order basis in late 2021. More immediately, the company will launch commercially available power generation solutions that can be configured to operate on natural gas blended with up to 25% hydrogen. These…
