Your source for construction industry news in the Carolinas
FMI Corporation, a leading provider of consulting and investment banking services to the built environment, is pleased to announce the release of the first quarter 2021 Heavy Civil Construction Index (HCCI) report, which presents construction spending forecasts for transportation, highway and street construction segments. This quarter’s questions polled participants about capacity, backlog and hiring goals for 2021….
SOUTH CAROLINA – February 16, 2021 – In recognition of the importance of the life sciences industry in South Carolina, Governor Henry McMaster today issued a proclamation recognizing February 15-19, 2021 as South Carolina Life Sciences Week in the Palmetto State. Governor McMaster made the announcement just steps from where SCBIO organizers were putting the…
The events of 2020 reshaped business significantly. The changes we experienced did not occur in ripples, but more like a 40-foot wave crashing down upon us. Despite the disruptions, it was amazing and surprising how quickly business adapted and adjusted. Yet while it may seem like the significant business changes that occurred were immediate in…
Power UP is celebrating six years of introducing young women to the unlimited career paths offered by the construction industry. Power UP’s founder Dr. Mittie Cannon has always wanted to expand the non-profit’s flagship event, Power UP: It’s a Mother-Daughter Thing, beyond Birmingham, Alabama. With the event being virtual this year, people from across the Carolinians can now…
Respondents to a NAIOP tracking survey of the pandemic’s impact on commercial real estate indicate improving rent collection rates, increased industrial investment activity, and a more positive outlook for employment in their firms. Fewer respondents now expect the pandemic will continue to significantly affect their business operations 12 months from now. “We are encouraged that there is…
Egnyte, a leader in cloud content collaboration and governance, today announced the release of Egnyte for Construction and Engineering, a new platform to help construction and engineering (C&E) firms increase project efficiencies while also enabling a variety of cloud-first processes and experiences for clients, partners and employees. “C&E companies have historically ranked among some of the…
The National Institute of Building Sciences virtual gathering focused on the “need for a coordinated program to advance collaboration and innovation in the building industry.” The National Institute of Building Sciences recently met with an exclusive list of leaders from public and private organizations to discuss the need for a coordinated program to advance collaboration and innovation…
Prairie Capital Advisors, Inc. (“Prairie”), a leading middle-market investment bank, recently released its ESOP Construction Industry Survey. Prairie works with owners of private construction businesses across the country, providing advisory services to support their growth and ownership transition strategies. Many of its clients in the construction industry have decided on an ESOP as part of…
The Request For Information (RFI) workflow is one of the most important processes that trade contractors use during the lifecycle of a project. It is the opportunity to ask a formal question to obtain a specific answer in regard to a deviation to the original project documents, plans or ever an Owner-initiated request in the…
Raleigh, NC – Feb 12, 2021 – Today, Governor Roy Cooper announced that Machelle Sanders, current Secretary of the NC Department of Administration, will now serve as Secretary of the Department of Commerce. Sanders will replace Tony Copeland who stepped down at the end of January. “Machelle has been an outstanding leader in this administration,…
