The Fed is likely to cut interest rates twice more in 2019, the 2020 presidential election will have little to no effect on a booming economy, and the answer to the question everyone wants to know about the likelihood of a recession in the coming months is a resounding no. The mostly rosy economic forecast laid out…
Recession Unlikely in First Half of 2020, Says Mellon Investment Strategist
James M. Holmes Joins FMI Capital Advisors
James M. Holmes has joined FMI Capital Advisors as a Managing Director and Head of the Chemicals Group. He is based in FMI’s Denver, Colorado office. For more than 12 years, James has served mid-market chemicals companies by structuring and executing sell-side and buy-side M&A, capital markets, and other investment banking transactions. He has deep…
FMI’s Alex Miller Awarded 2019 Emerging Leader by The M&A Advisor
FMI Capital advisors, a subsidiary of FMI Corporation, is pleased to announce that Alex Miller, Managing Director, was recently awarded the 2019 Emerging Leader by The M&A Advisor. The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this award to promote mentorship and professional development amongst emerging business leaders….
Palmetto, a Charleston, SC-based Clean Energy Tech Company, Raises $6 Million in Funding
Palmetto, a clean technology company focused on the distribution and democratization of clean energy products, announced today that it has raised $6 million. The round was led by Greycroft, with participation from Lerer Hippeau, Box Group, and NBA commissioner emeritus David Stern. Palmetto harnesses its expertise in software, fulfillment, and financial solutions to streamline the…
Al Johnson: Still Motivated after 60 Years in the Surety Business
After 60 years in the surety business, Al Johnson has no plans for a traditional retirement. In fact, the 87-year-old continues to service a handful of longtime clients and looks forward to going into the office several days per week. For the past 25 years, Johnson has been associated with McGriff Insurance Services (formerly BB&T Boyle…
Views from the Salute to the Design and Construction Industry Sponsors
Once again this year, three leading design and construction industry service providers have teamed to sponsor the Salute to the Design and Construction Industry. The GroundBreak Carolinas’ staff had three questions for each of this year’s sponsors: BB&T Construction Risk Services What are the key trends impacting your business (or client’s business)? Construction project financing…
Four Ratios that Guide the Performance of your Construction Business
Financial indicators such as the liquidity ratios, leverage ratios, efficiency ratios and profitability ratios can be used to gauge the performance of your business. With the analysis of these ratios, you will be able to make the informed and right decisions for your business. The following are the top four types; Liquidity Ratios These are…
Tax Reform Impact on Construction Industry a Positive
Congress recently passed the most significant tax reform legislation since 1986. The tax reform legislation will have a positive impact on architecture, design and construction companies in North Carolina and South Carolina as key provisions of the legislation will converge to drive business investment, employment and wages. “The vast majority of construction companies will benefit…
Tax Reform and the Impact on the Design and Construction Industry
President Donald Trump and Congressional Republicans released a plan for tax reform, entitled Unified Framework for Fixing Our Broken Tax Code. The impacts of the proposed tax reform will have impacts on the design and construction industry. The proposals face significant scrutiny and debate before actual legislation is addressed by Congress. Leading democrats wasted little time…
Choate Construction Becomes Employee-Owned
Choate Construction Company recently announced that it is transferring beneficial ownership to its employees. The commercial construction firm has become 100% employee owned via the newly created Choate Employee Stock Ownership Plan (ESOP) Trust. “Choate is a tight-knit family, and we truly care for each other. We were solicited continuously over the years by larger…
More Finance / Bonding
Recession Unlikely in First Half of 2020, Says Mellon Investment Strategist
The Fed is likely to cut interest rates twice more in 2019, the 2020 presidential election will have little to no effect on a booming economy, and the answer to the question everyone wants to know about the likelihood of a recession in the coming months is a resounding no. The mostly rosy economic forecast laid out…
James M. Holmes Joins FMI Capital Advisors
James M. Holmes has joined FMI Capital Advisors as a Managing Director and Head of the Chemicals Group. He is based in FMI’s Denver, Colorado office. For more than 12 years, James has served mid-market chemicals companies by structuring and executing sell-side and buy-side M&A, capital markets, and other investment banking transactions. He has deep…
FMI’s Alex Miller Awarded 2019 Emerging Leader by The M&A Advisor
FMI Capital advisors, a subsidiary of FMI Corporation, is pleased to announce that Alex Miller, Managing Director, was recently awarded the 2019 Emerging Leader by The M&A Advisor. The M&A Advisor, renowned globally for its recognition of leading M&A, financing and turnaround professionals, created this award to promote mentorship and professional development amongst emerging business leaders….
Palmetto, a Charleston, SC-based Clean Energy Tech Company, Raises $6 Million in Funding
Palmetto, a clean technology company focused on the distribution and democratization of clean energy products, announced today that it has raised $6 million. The round was led by Greycroft, with participation from Lerer Hippeau, Box Group, and NBA commissioner emeritus David Stern. Palmetto harnesses its expertise in software, fulfillment, and financial solutions to streamline the…
