Your source for construction industry news in the Carolinas
The construction industry had 459,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings…
National nonresidential construction spending decreased 0.1% in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories. Private nonresidential spending…
Florida destinations dominated the U.S. growth cities list again in 2023, with the Palm Bay-Melbourne market netting the largest number of movers in one-way U-Haul® equipment last year. Three destinations in the Carolinas were in the top 10. The U-Haul Growth Index found seven Florida markets among the top 25 growth cities last year. It marks the seventh year in a…
Redwood Services, a home services firm focused on investing in residential HVAC, plumbing, and electrical services companies in growing U.S. markets, today announced its investment in B&J Plumbing, Heating, and Air Conditioning. B&J is a family business that was founded in 1976 in Wilson, N.C. Today, B&J has more than 60 employees and more than…
Science and technology. Health and safety. ESG and sustainability. A few years ago, board committees on such topics were nearly non-existent. But as boards expand their role to address a broadening array of topics, they are not only assigning responsibilities to existing committees but also starting to form new types of committees. As detailed in…
Celebrating a milestone achievement, the joint venture of Warhaft Group and Atlas Capital Group proudly announces the addition of Alfa Laval, a global leader in heat transfer, separation, and fluid handling solutions, to its newly completed Class A, multi-tenant industrial park, Atlas at Inland Port Greer in Greer, SC. This strategic move emphasizes the success and appeal…
The AIA/Deltek Architecture Billings Index (ABI) remained below 50 for the fourth consecutive month. The score of 45.3 increased by one point from October, indicating slightly fewer firms reporting a decline in billings. Any score below 50.0 indicates decreasing business conditions but there are encouraging signs of the pipeline. “This marks the seventh month…
The American Institute of Architects (AIA) is pleased to announce the inauguration of Kimberly Dowdell, AIA, as its 100th president. “Being elected as the 100th president of AIA is both an honor and responsibility that I embrace wholeheartedly. My journey in architecture, from my roots in Detroit, to this influential role, has deepened my conviction…
Charlotte-based Southern Engineering and Testing, P.C. has acquired the Geotechnical Engineering and Construction Services Division (GECS) of Raleigh-based Stewart. This acquisition benefits Southern Engineering and Stewart by allowing them to concentrate on core strengths and invest in key areas to accelerate expansion and meet growing market demand throughout the Carolinas. Southern Engineering and Stewart are independent engineering firms that…
McShane Construction Company has been selected by repeat client Flournoy Development Group to build a 262-unit multi-family community in Greenville, South Carolina. “We’re excited to kick off our second project with Flournoy Development,” shared Scott Hoppa, Senior Vice President & Regional Manager at McShane. “Located in one of the fastest growing cities in the country, this project…
