Groundbreak Carolinas

GroundBreak Carolinas

Your source for construction industry news in the Carolinas

Seamon Whiteside

Helen Johnson

Global Spending in Construction to Reach $17.5 Trillion by 2030, Finds Frost & Sullivan

by Frost & Sullivan on

The construction industry is in the middle of a transition toward new business models that are technology- and data-driven, better collaboration between stakeholders, and higher productivity. The increasingly aging workforce and digitization are prompting greater investments in workforce management and digital solutions. By 2030, global spending in construction is expected to touch $17.5 trillion, with China, the US, and India leading the way and accounting for…

ISM® Reports Economic Growth To Continue In 2020

by Institute for Supply Management on

Economic growth in the United States will continue in 2020, say the nation’s purchasing and supply management executives in the December 2019 Semiannual Economic Forecast. Expectations are for a continuation of the growth that began in mid-2009, as indicated in the monthly ISM® Report On Business®. The manufacturing sector is optimistic about growth in 2020, with revenues expected to increase in…

HGTV Opens The Doors To The Spectacular HGTV Dream Home 2020 On The Coveted Hilton Head Island, South Carolina

by HGTV on

HGTV today unveiled the 24th edition of HGTV® Dream Home, a sprawling Southern-style approximately 3,500-square-foot home on the highly sought-after destination Hilton Head Island, South Carolina. HGTV, a member of the Discovery, Inc. family of brands, will award the newly built, fully furnished residence to the grand prize winner, along with a brand new Honda Passport Elite…

A M King’s Renovation for U.S. Waffle Showcases Smart Use of Repurposed Materials

by GroundBreak Carolinas Staff on

Carolinas-based A M King , an integrated Design-Build firm, is making progress on a renovation project for U.S. Waffle Company, Inc. in Liberty, S.C. The 310,000-square-foot bakery will house five production lines with capacity for nine lines, positioning the international food manufacturer for continued high growth in the breakfast products category. When the project is…

Scope of Work Changes Leading Cause of Construction Disputes

by GroundBreak Carolinas News Editor on

Changes to a construction project’s scope of work was identified as the most frequent contributor to disagreements between owners and contractors according to a report by HKA, a leading construction claims and dispute resolution firm. The company recently released: 2019 CRUX Insight, A Global Market Sector Analysis into claims and dispute causation factors. HKA publishes…

ABC’s 2020 Construction Economic Forecast: Momentum Persists, Despite Uncertainties

by Associated Builders and Contractors on

Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine. Although ABC’s Construction Backlog Indicator—a leading indicator that reflects projects under contract yet to be executed—climbed…

Dodge Momentum Index Increases in November

by Dodge Data and Analytics on

The Dodge Momentum Index moved 2.9% higher in November to 155.3 (2000=100) from the revised October reading of 150.9. 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…

Nonresidential Construction Employment Rises in November, Says ABC

by Helen Johnson on

The construction industry added 1,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 146,000 jobs, an increase of 2.0%.  Nonresidential construction employment increased by 1,600 jobs on net in November…

Little Leaf Farms to Build High-Tech Greenhouse Project

by EDPNC on

A new wholly-owned subsidiary of Little Leaf Farms, LLC, an innovative producer of fresh lettuce, will build a state-of-the-art greenhouse complex in Yancey County, creating up to 100 jobs. The company will invest up to $86 million in Burnsville in a multi-phased planned expansion. “North Carolina is known for innovation and agriculture. Projects like Little…

Hilti Introduces World’s First Cordless Breaker

by Helen Johnson on

Hilti Inc.expands its industry-leading cordless tool offering with the addition of the world’s first cordless breaker, the TE 500-A36. Specifically engineered for the challenges associated with breaking concrete and masonry, this new tool gives construction professionals the power of a corded breaker with the mobility and productivity of a cordless solution. Hilti continues to build upon…