Your source for construction industry news in the Carolinas
Fluor Corporation (NYSE: FLR) announced today the results of its strategic review and operational review. As a result of the strategic review, the company concluded that the divestitures of select businesses will simultaneously improve the financial stability of the company and allow the remaining businesses to refocus on engineering, construction and maintenance services in core…
In testimony before the U.S. House Energy & Commerce Committee’s Subcommittee on Energy, the American Institute of Architect’s 2018 President Carl Elefante, FAIA, outlined critical steps the United States must prioritize in order to reduce greenhouse gases in the built environment. “The threat posed by climate change to our homes, cities, nation, and the planet…
The Q3 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index) released today climbed to a record high score of 77, up from 74 in Q2 2019. Half of all contractors expect revenue increases over the next year, rising 14 points quarter-overquarter. Also, notably higher is the expectation for profit margins to…
Michael and Robyn Nieri are laying a foundation for student success at Clemson University. As the University’s fifth Cornerstone Partner for Athletics, they created the Nieri Family Student-Athlete Enrichment Center. Now, the Nieri legacy at Clemson will expand even further as they become the University’s fifth Academic Cornerstone Partner with a gift of $5 million…
Ben Lehnerer, a project manager in A M King’s Greenville office, spends his days managing construction projects for industrial manufacturing and commercial clients. On any given day he might be tracking finances through a job, analyzing contractual risks or prequalifying subcontractors. He also provides ongoing direction to interns, project engineers and assistants. What Lehnerer has…
The National Safety Council (NSC) made specific asks of the American business community and unveiled a new toolkit that employers can use to address the opioid crisis. NSC called on all employers to equip their workplace first aid kits with naloxone, an overdose reversal drug, provide supervisor education around opioid misuse and include access to treatment options in…
The Fed is likely to cut interest rates twice more in 2019, the 2020 presidential election will have little to no effect on a booming economy, and the answer to the question everyone wants to know about the likelihood of a recession in the coming months is a resounding no. The mostly rosy economic forecast laid out…
Demand for design services in August took a markedly downward swing compared to July’s already soft score, according to a new report released today from The American Institute of Architects (AIA). AIA’s Architecture Billings Index (ABI) score of 47.2 in August showed a significant drop in architecture firm billings compared to the July score of…
Prolonged economic expansion, a near 50-year low unemployment rate, and a 40 percent increase in non-residential construction spending over the last several years has led to an increase in compensation for architects. Pay for architectural staff positions has risen by more than six percent per year since early 2017, according to the 2019 AIA Compensation…
BIM Track announces their enterprise partnership with DPR Construction. DPR is centralizing design coordination issue management on a project-by-project basis for all relevant project stakeholders. “At DPR, we pride ourselves in leveraging the best people and processes, and the right technology to enhance our project delivery to bring value to our clients. BIM Track bridges the communication…
