Your source for construction industry news in the Carolinas
Barbara Mulkey is founder and retired chairman of Mulkey Engineers & Consultants, Inc., a mid-sized, multi-discipline civil and environmental engineering firm in Cary, NC. Thirty years later, the engineering consulting firm is a powerhouse in the region and is consistently recognized as one of Engineering News Record’s “Top 500 Engineering Companies.” Mulkey is the new elected chair of…
Carolinas AGC (CAGC) has announced its 2024 Hall of Fame and Hall of Fame Legacy winners. These individuals and their families will be celebrated at the CAGC Summer Summit and Expo in August. HALL OF FAME | LEGACY Andy Clark, Clark Pavement Marking Berry Jenkins, CAGC James Triplett, United Infrastructure Group Frederick Triplett, Sr., United Infrastructure Group…
GroundBreak Carolinas is pleased to share thoughts and insights from key construction industry leaders in the Carolinas. Phil Hughes, founder and President of Hughes Investments, offers a 2nd-Quarter 2024 perspective on doing business in the Southeast. What is your outlook on the construction industry? In my view, the construction industry seems to be in a…
EDP Renewables North America LLC (EDPR NA), a leading top five renewable energy developer and operator in North America, is pleased to present the recently completed Misenheimer Solar Park, located in the Village of Misenheimer in Stanly County, North Carolina. The solar project is one of the largest in the state, with an installed capacity of 74 megawatts (MW). Misenheimer…
Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs…
Vantage Group Holdings Ltd. (Vantage) launched today its U.S. Large Property offering through its U.S. insurance subsidiaries, further extending the company’s insurance capabilities for its brokers and clients. Vantage’s new U.S. Large Property team builds on the group’s existing property expertise and sustained portfolio growth. Designed to serve a broad range of middle market and corporate…
Duke Energy (NYSE: DUK) today released its 2023 Impact Report, its 18th annual accounting of its progress toward its sustainable business goals. This year’s report includes highlights from its 2050 clean energy transition strategy, which strives to deliver industry-leading reliability, competitive rates for customers, and accelerated infrastructure and economic development to meet the growing needs of its…
Many construction contracts, especially on private projects, contain alternative dispute resolution provisions. These provisions often incorporate the Construction Industry Rules and Mediation Procedures of the American Arbitration Association (AAA). These Rules and Procedures were revised effective March 1, 2024. Among the changes are the following: It is important for those engaged in the construction industry…
Looking for New Life in the National and Regional Economy Every year April brings beautiful images of new life, but this time we are also getting positive readings on the U.S. and regional economies. With the closing of 2023, we learned that real GDP growth for the nation perked along at a 2.5% rate, well…
FMI recently released their 2024 North American Engineering and Construction Overview: Second Quarter. According to the Outlook, engineering and construction spending is expected to end 2024 up 5%, but not all sectors will be the same. Manufacturing, lodging, and highway and street look poised for double-digit growth while those in the multifamily and commercial sectors…
