Your source for construction industry news in the Carolinas
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading, according to an ABC member survey conducted from Jan. 20 to Feb. 2. Despite the monthly uptick, backlog is 0.9 months lower than in January 2020. ABC’s…
Gilead Sciences, Inc., a leading biopharmaceutical company developing innovative medicines, has selected North Carolina’s Research Triangle region as the location for a major business services and information technology hub, creating 275 jobs. The company will invest up to $5 million in Wake County. “With today’s announcement, Gilead confirms that North Carolina sits at the crossroads…
A connection to trees is something each of us has in common, and everyone deserves to enjoy the value which they offer. Trees help us to be happier, healthier and they also benefit our local economies in various ways. They are the environmental pillars of a more comprehensively healthful future. At the macro level, saving…
Graycliff Capital Partners, LLC (Graycliff Capital), a leading developer/owner in the multi-family sector headquartered in downtown Greenville, S.C., has acquired ViA, a Class A, mixed-use residential community in South Salt Lake City, Utah. The property is ideally located within a short walking distance to Utah Transit Authority (UTA) light rail stations – providing direct access…
Charleston, S.C. – Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has promoted Joey Smith, Phillip Marino, Alex Seglem, and Leigh Anne Conto. Joey Smith, who joined Frampton Construction in 2019 as director, has been named vice president. Smith leads the daily operations of the company’s Charlotte…
WASHINGTON, Feb. 1, 2020 —National nonresidential construction spending declined 0.8% in December 2020, 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 $790.2 billion for the month, 4.8% lower than in December 2019 but 3.8% higher than in…
Columbia, South Carolina — McCrory Construction announces the promotion of Barry Schilling to Director of Safety and Risk Management. Joining McCrory in 2012 as a Senior Project Manager and serving the last seven years as Compliance Manager, Schilling is responsible for implementing companywide safety and compliance measures among employees as well as with subcontractors on…
Bunnell Lammons Engineering (BLE), an engineering and environmental consulting firm, has opened a new office in Columbia, S.C. to accommodate the firm’s growth in the Midlands over the last year. This expansion allows BLE to increase its overall efficiency and strengthen partnerships in the Columbia market. The Columbia location will include traditional office space as well as…
New development of commercial real estate and of the ongoing operations of existing commercial real estate buildings in the United States – office, industrial, warehouse and retail – supported 8 million American jobs, contributed $1.01 trillion to the U.S. GDP in 2020, and generated $338.1 billion in personal earnings – according to “Economic Impacts of…
GREENVILLE, S.C. – February 1, 2021 – Despite a brutal pandemic that took thousands of precious lives too soon and wreaked havoc on communities and economies the world over, the people and businesses of Greenville County, South Carolina know this for certain: Greenville is blessed with a vibrant community and high quality of life, and…
