Your source for construction industry news in the Carolinas
According to a FEMA report, Earthquakes in the U.S. cause approximately $6.1 billion in building stock costs each year. Even if a company had the financial means to repair or rebuild after earthquake damage, this still presents a period of halting operations to make repairs. For residential structures, the stakes could be even higher, leaving people without…
North Carolina ranks as the nation’s top state business climate in 2020 in a two-way tie with Georgia, according to Site Selection magazine. North Carolina held the No. 2 spot in the magazine’s annual business climates study for five straight years before rising to the top spot this year. North Carolina enjoyed a six-year run in the…
Fluor Corporation (NYSE: FLR) announced today that David E. Constable, a member of the Fluor Board of Directors, has been appointed chief executive officer (CEO), effective January 1, 2021. Constable succeeds Carlos Hernandez, who will retire as CEO and a member of the company’s Board at the end of the year. David E. Constable Appointed Chief…
The astonishing toll of overrunning costs and schedules on major engineering and construction projects worldwide is laid bare in an analysis of claims and disputes published today by HKA. CRUX Insight 2020 is the product of investigations into more than 1,100 projects across 88 countries by HKA, the construction and engineering industry’s leading specialists in…
Last week I solo hiked 55 of the 700 miles of trails in Glacier National Park in Montana. The backcountry is wild, unpredictable, and beautiful. It always occurs to me that there are many parallels to how the wild open spaces relate to the nature of business. Below are some of the take-aways I can…
FMI Corporation, the leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of the fourth quarter 2020 Heavy Civil Construction Index (HCCI) report, which presents construction spending forecasts for transportation, highway and street construction segments. This quarter’s questions polled participants on trends affecting the competitive landscape, revenue expectations…
TPM invites the Carolinas construction community to consider attending one of their upcoming Virtual Training classes. Basic AutoCAD | Virtual Training November 10 – November 12 3 Days; 8:30AM-4:30PM daily. Cost: $995.00 This class covers all the basics of 2D drafting including drawing creation commands and commands used to edit manipulate and analyze the drawing…
Sending workers home safely every night is a common goal among construction firms. Founded in 1989 as a safety benchmarking and improvement tool, the Associated Builders and Contractors (ABC) STEP program has evolved into a world-class safety management system that dramatically improves safety performance among participants regardless of company size or type of work. Participating…
Gastonia, N.C. (October 30, 2020) – Kaufman Lynn Construction broke ground today for the Trenton Mill Lofts, located at 612 West Main Avenue in the heart of Gastonia’s Franklin Urban Sports and Entertainment (FUSE) District. Trenton Mill Lofts will serve the rising number of North Carolinians choosing to live in smaller cities like Gastonia, considered a vital…
Recent hurricane events and aging infrastructure have caused historic flooding throughout the Town of Cheraw, South Carolina. Using FEMA funding administered through the South Carolina Emergency Management Division (SCEMD), the Town will be developing a comprehensive stormwater master plan. Master planning will be aimed at improving long-term community resiliency against future flood hazards. In addition…
