Your source for construction industry news in the Carolinas
The Electrolux Group said today it is planning total investments of approximately $500 million in its U.S. manufacturing operations, stepping up a strategic initiative to drive profitable growth in North America with new lines of innovative Frigidaire kitchen products. The company also said it will consolidate freezer production into its Anderson, South Carolina refrigeration facility….
Justin Baker is Executive Vice President with Gaylor Electric, Inc., a leading electrical contractor headquartered in Indianapolis with a major presence in the Carolinas. Baker was promoted to EVP last summer following five years as Vice President in charge of the firm’s Charlotte office, a hub location. In his expanded role, Baker has responsibility for…
Carolinas AGC (CAGC) presented its 2017 Pinnacle Awards on Saturday, February 3, 2018, at CAGC’s 95th Annual Convention in Boca Raton, Florida. Pinnacle entries are judged on unique aspects and challenges; special values; project management; budget and schedule; and safety performance. Project Awards CAGC bestowed the 2017 Pinnacle “Project” Awards to three construction projects which enhance…
PSMJ Resources, Inc. has teamed up with Talent Matters to create the newest Harrison Assessment Job Success Formula (JSF)—one specific to the project manager role in the architectural and engineering (A/E) industry. Earlier this year, about 100 project managers from seven engineering and architecture firms helped create the newest JSF, which offers the insightfulness of…
JB Knowledge, a leader in construction technology, recently released its 2017 Construction Technology Report. The report cites how over 3,600 construction companies are utilizing technology in their business. Key Highlights from the Survey IT Spending Despite a noticeable uptick in those allocating more than 1% of their annual sales volume to IT, construction continues to budget the…
Topcon Positioning Group announces the kickoff of the 2018 Topcon Technology Roadshow. The expandable semi-trailer truck with a seated theatre room and product showcase area will embark on its tour February 13 – 14, in Mebane, N.C., and then continue across North America stopping in more than 28 cities hosted by Topcon personnel along with…
North Carolina Gov. Roy Cooper has launched a new initiative, dubbed Hometown Strong, that focuses on partnering with local leaders to stimulate economies in rural communities and help businesses thrive in those areas. “Small communities like the one I grew up in have a special character and so much to offer,” Cooper said. “They deserve…
On Saturday morning, January 27, 2018, a group of women from the National Association of Women in Construction (NAWIC) in Columbia, S.C., happily awakened early to greet the sweet, smiling and curious faces of local youngsters — kindergarteners through 6th graders. “Each January, NAWIC members in South Carolina and North Carolina join their counterparts across the…
Financial indicators such as the liquidity ratios, leverage ratios, efficiency ratios and profitability ratios can be used to gauge the performance of your business. With the analysis of these ratios, you will be able to make the informed and right decisions for your business. The following are the top four types; Liquidity Ratios These are…
The recent employment report from the Bureau of Labor Statistics shows growth in both public and private construction spending, according to an analysis by Associated Builders and Contractors (ABC). Construction added 36,000 net new jobs in January, an impressive increase of 0.5 percent on a month-over-month basis. During the past 12 months, construction has added…
