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…
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…
CIRT Sentiment Index Rises
The CIRT Sentiment Index shows strong optimism going into the first quarter of 2024. The overall index score rose to 64.9 from 58.9 in the fourth quarter of 2023. The Design Index also increased sharply to 74.3 from 62.7. CIRT members recorded much stronger optimism across index components, especially with respect to: the U.S. economy, the economy where members operate,…
Association Sues to Block Biden Administration’s Unlawful Effort to Mandate Project Labor Agreements for Major Federal Construction Projects
The Associated General Contractors of America and its Louisiana AGC chapter filed suit today in federal court to block the Biden Administration’s unlawful effort to mandate project labor agreements for major federal construction projects. Association officials noted that President Biden lacks the legal and constitutional authority to impose such sweeping labor policies that undermine current labor…
“Cutting Carbon” Webinar Series to Feature Multidisciplinary Perspectives on Reducing the Embodied Carbon of Building Projects
Simpson Gumpertz & Heger (SGH) will host a four-part webinar series in October describing the impacts of embodied carbon on building projects and exploring how the architecture, engineering, and construction (AEC) industry has responded to calls for reducing greenhouse gas emissions. These complimentary learning sessions will feature SGH experts holding carbon-related discussions from varying angles, including…
The Toro Company and Lowe’s Announce Strategic Partnership
The Toro Company (NYSE: TTC) and Lowe’s Companies, Inc. (NYSE: LOW) today announced a strategic retail partnership through which Lowe’s will carry Toro zero-turn riding mowers, walk mowers, portable power equipment and snow blowers in both the gas and rapidly expanding battery categories. The Toro product lineup will be available at all Lowe’s stores nationwide and online…
