For Love of Country and Construction: Meet CarolinaPower’s Veterans
Saluting all veterans who have served this great country – including those who now serve our customers – is an honored November tradition at CarolinaPower, a leading employee-owned, regional electrical contractor with four offices in South Carolina. “We are proud to be a military friendly employer. We have employees at all four of our locations…
Every State Had June Construction Unemployment Rates Below 10%
The national June 2025 not seasonally adjusted construction unemployment rate was 3.4%, a 0.1% increase from June 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis found that 18 states had lower estimated construction unemployment rates over the same period, 28 had higher rates…
ABC Carolinas Members Attend LegCon in Washington DC
Last week, a contingent of ABC Carolinas members descended upon Washington, D.C., for the annual ABC Legislative Conference (LEGCON), converging on Capitol Hill to learn policy, connect with peers, and press ABC’s agenda with top lawmakers. “Attending ABC’s Legislative Conference is always a powerful reminder of the impact we have when we show up and…
FMI Advises Endeavor Fire Protection in Sale to APi Group Corporation
FMI Capital Advisors is pleased to announce the sale of Endeavor Fire Protection (Endeavor), a portfolio company of Building Industry Partners (BIP), to APi Group Corporation (APi), a market-leading publicly traded provider of business services. FMI Capital Advisors served as the exclusive sell-side financial advisor to Endeavor for this transaction. Endeavor has rapidly emerged as…
FMI Releases its 2024 North American Engineering and Construction Outlook: Fourth Quarter
Raleigh-based construction consulting firm, FMI, released its North American Engineering and Construction Outlook, Q4 2024. After expanding by more than 40% cumulatively since 2020, engineering and construction growth in the U.S. is projected to slow for the industry overall during FMI’s forecast period. Despite broader U.S. economic challenges, this slower pace of investment should allow…
Why Geographic Expansions Fail—and How Construction Firms Can Avoid the Same Fate
In the construction world, few milestones feel as bold and ambitious as entering a new geographic market. For specialty contractors—especially electrical firms—geographic expansion promises access to more projects, stronger client relationships, and the allure of new revenue streams. But the truth is more sobering: most geographic expansions fail. Not because the idea was wrong—but because…
2024 Recruitment & Retention Report Released
Zweig Group released of its 2024 Recruitment & Retention Report of AEC Firms, which covers all areas of recruitment and retention from the search process, integrating a new candidate into a firm, HR departments’ involvement in the process and even the use of outside executive search firms for finding top talent. 2023 was a year of significant learning in…
What Makes a Website Great? A Comprehensive Guide to Success
Your website is often the first point of contact between your organization and your audience. In today’s digital age, it’s crucial to view your website as an asset that provides solutions and leaves a lasting impression. A great website goes beyond aesthetics; it encompasses a clear purpose, user-centric design, engaging content, and continuous improvements. I…
Marcum 2024 Q1 Report: Construction Sector Defies Rising Costs and Interest Rates, Continues Upward Trend
The Marcum Commercial Construction Index for the first quarter of 2024 reports that the construction industry continued growing despite various challenges. The index is produced by Marcum’s National Construction Services group. The construction industry continues to benefit from massive investment in manufacturing structures. “Construction spending on manufacturing structures is up 184% over the past four years,” said Anirban Basu,…
Aecon Celebrates Opening of Charlotte Office to Support Growth in the United States
Aecon Group Inc. (“Aecon”) is pleased to announce the opening of a new office in Charlotte, North Carolina, to support ongoing growth across the United States. “In alignment with Aecon’s strategic focus on projects linked to the energy transition, our new Charlotte office is strategically located in the power industry hub of the U.S.,” said…
