Your source for construction industry news in the Carolinas
Congress has continued to make dramatic progress in approving an historic tax reform, with the Senate now joining the House in having approved separate versions of tax reform legislation. The effort to enact a reform of U.S. tax law providing a more competitive tax system for business taxpayers and improved economic opportunities for individuals and…
WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today announced that it has entered into a definitive agreement whereby Williams Scotsman International, Inc. will acquire the entity that owns Acton Mobile (ActonMobile.com) from Prophet Equity for a cash purchase price of $235 million, subject to customary adjustments. Brad Soultz, president and chief executive officer of Williams Scotsman, commented,…
Economic growth in the United States will continue in 2018, say the nation’s purchasing and supply management executives in the December 2017 Semiannual Economic Forecast. Expectations are for a continuation of the economic recovery that began in mid-2009, as indicated in the monthly ISM® Report On Business®. The manufacturing sector is optimistic about growth in…
Beck Technology, a leading software and service firm for the commercial construction industry, announced that the national construction and design firm Rodgers Builders has selected the DESTINI® Suite of software to provide a comprehensive, end-to-end estimating platform for its estimators and team members through a five-year enterprise licensing agreement. Based in Charlotte, North Carolina, Rodgers…
Providing more evidence of a strengthening economy, Associated Builders and Contractors’ (ABC) Construction Backlog Indicator (CBI) set a record as it expanded to 9.45 months during the third quarter of 2017, up 9.8 percent from the second quarter to the longest backlog reading in the eight-year history of the series. CBI is up by 0.8…
The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Nonresidential construction employment added 8,600 net new jobs in November, a figure that would have been substantially higher were it not…
Construction employment increased by 24,000 jobs in November to the highest level since November 2008, according to an analysis of new government data by the Associated General Contractors of America. Association officials said that tight margins are keeping firms from paying even more to attract hard-to-find workers, noting that efforts to cut tax rates should…
Coworking, the style of work marked by open shared spaces among workers of different companies and popularized by “solopreneurs” and tech workers, is quickly being embraced by those who manage real estate needs for large corporations. The trend is explored in a new whitepaper, The Evolution of Coworking and Impact on CRE, released by CoreNet Global, the…
Atlantic Coast Pipeline, LLC announced today it has signed Project Labor Agreements with the nation’s four leading building and construction trade unions. The agreements reaffirm the Atlantic Coast Pipeline project’s commitment to hiring skilled union workers for the pipeline’s construction. The agreements were signed with the Laborers’ International Union of North America (LiUNA), Teamsters National Pipeline (Teamsters),…
Parker Poe Consulting, a wholly-owned subsidiary of Parker Poe Adams & Bernstein LLP, is strengthening its position as a leading Southeastern government relations resource through the addition of experienced lobbyists Chuck McMullen and Amy Odom. Long serving on opposite sides of the political aisle, each with impressive records of legislative successes, Odom and McMullen are…
