Your source for construction industry news in the Carolinas
The BMW Group continues the roll-out of its electromobility plan with a new investment to expand Plant Spartanburg and the company’s manufacturing footprint in South Carolina. BMW Group Chairman of the Board of Management, Oliver Zipse, announced today a $1.7 billion investment in its United States operations, including $1 billion to prepare for the production of electric…
Co-founded by Aaron Bachik and Jason Munoz in 2014, SLATE Partners provides sell-side and buy-side mergers and acquisitions (M&A) advisory services to companies in the building materials and building services industries nationwide. The firm’s clients include family and entrepreneur-owned businesses as well as private equity-backed companies. The acquisition of SLATE Partners brings significant complementary talent…
American Woodmark Corporation (NASDAQ: AMWD), one of the nation’s largest manufacturers of cabinets, will expand its operations in Hamlet, North Carolina creating 131 jobs in Richmond County, Governor Roy Cooper announced today. “Strong rural communities like Hamlet provide manufacturing companies a great environment for expansion and growth,” said Governor Cooper. “From our skilled workforce to…
Associated Builders and Contractors today announced its strong support of the second annual Construction Inclusion Week, which kicks off today, and the need to champion and foster inclusion, diversity and equity throughout the construction industry. Created by ABC members, Construction Inclusion Week harnesses the collective power of the construction industry to build awareness regarding the need…
Everyone agrees that project management is a critical discipline for any firm in the AEC business. That’s why we spend as much as we do on PM training. Yet, somehow, I have always felt like most PM training missed the mark. If I ran an AEC firm today, there are a number of behaviors I…
The construction industry has seen a lot of change and numerous innovative approaches introduced over the last 20 or so years. Building Information Modeling (BIM) and Lean Construction are two of the most notable. For advanced construction companies, both initiatives have now been around long enough that they are simply a part of normal day-to-day…
The Marcum Commercial Construction Index for the second quarter of 2022 reports that the construction industry continues to face rising costs and shortages of both labor and materials, but now also must contend with a weakening economy and elevated borrowing costs. Notably, the residential sector has weakened significantly, while the outlook remains dicey for the nonresidential sector….
Growing up you might have heard the phrase, “Close the door! We’re not cooling the outside!” while running in and out of the house on those hot summer days. As a matter of fact, you might have used those exact words to your own kids – and grandkids. Parents did this because they knew the…
M. B. Kahn Construction Co., Inc., a general contractor headquartered in Columbia, SC, announced it has finalized an acquisition agreement with McKenzie Construction Corporation located in Virginia Beach, VA. The transition will be effective November 1, 2022. The presence of a permanent office location in Virginia will allow the company to best serve clients in…
The “2022 Total Compensation Benchmarking Tool for U.S Architecture, Engineering, Construction (AEC) Firms – East Edition” report has been added to ResearchAndMarkets.com’s offering. The Total Compensation Benchmarking Tool is a comprehensive Excel-based tool for firm leaders to make real-time decisions that impact firm performance and profitability. Based on data from hundreds of AEC firms across the U.S., this tool is the new standard…
