Your source for construction industry news in the Carolinas
Today, the U.S. Green Building Council (USGBC) released the annual list of the Top 10 States for LEED (Leadership in Energy and Environmental Design), the world’s most widely used green building rating system. The list ranks states in terms of certified square feet per resident in 2017. The list draws attention to states throughout America…
Babcock & Wilcox Enterprises, Inc. (B&W) (NYSE: BW) announced today that it has appointed Leslie C. Kass to serve as Chief Executive Officer and a member of the Company’s Board of Directors, effective immediately. Jim Ferland will work closely with Ms. Kass, the management team and the Board in the role of Executive Chairman until…
The construction industry is in the midst of a skilled workers shortage across all lines of work. It affects design and construction professionals along with trade craftsmen. Skilled workers have left the industry as a result of the economic downturn, an aging workforce, and insufficient pipeline of younger workers. The overall economy masked the shortage…
Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman issued the following remarks on President Donald Trump’s State of the Union speech. “Associated Builders and Contractors appreciates President Trump’s focus on creating a strong economy with limitless opportunities for all Americans. The president is right, America is a nation of builders, and ABC…
President Donald Trump delivered his first State of the Union Address last night. During the address, the President touted key programs that will have a significant impact on the construction industry. This included legislation focused on workforce development, infrastructure and immigration. “I am asking both parties to come together to give us the safe, fast, reliable, and…
The S.C. Department of Commerce released its 2017 industry recruitment results. In total, the state won 157 economic development projects last year, accounting for $5.24 billion in capital investment and 18,445 new jobs. “South Carolina has become an industrial powerhouse,” said Secretary of Commerce Bobby Hitt. “To recruit more than $5 billion in capital investment…
The U.S. economy grew by 2.3 percent in 2017, while fixed investment increased at an annual rate of 7.9 percent, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Economic Analysis. The economy expanded at an annual rate of 2.6 percent during the fourth quarter of 2017…
Helga Salling Traore, a recognized leader in the life sciences sector in the USA and Europe, has been appointed Vice President of Strategic Consulting USA for DPS Group. In her new role, Helga will be responsible for growing the DPS consulting business and expanding the team in the Americas, reporting directly to Sue Cooke, Managing…
Katerra, a technology company redefining the construction industry, announced today an $865 million Series D funding round led by the SoftBank Vision Fund. The financing will be used to fund Katerra’s continued manufacturing expansion and for further investment in its R&D efforts. “The construction industry is ripe for digital disruption,” said Michael Marks, chairman and…
Forty-two states added construction jobs between December 2016 and December 2017, while 32 states and the District of Columbia added construction jobs between November and December, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials said a new federal infrastructure measure would help guarantee continued…
