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CBO Editorial Staff

  • Accounting

    Bob Chaney Joins D.C. Office of CliftonLarsonAllen

     ARLINGTON, Va.—January 11, 2012—CliftonLarsonAllen, one of the nation’s top 10 certified public accounting and consulting firms, is pleased to announce Bob Chaney has joined the firm’s District of Columbia office as a Senior Advisor in the firm’s Forensic Accounting practice.Chaney has extensive experience in the law enforcement and legal community in the Washington metropolitan area. He will assist with the development of investigative strategies, security reviews related to causation issues and client development. “We are thrilled Bob has joined CliftonLarsonAllen. He has an impressive law enforcement background, which will be a great addition to our firm,” said Yassir Karam, managing partner of the firm’s Special Advisory Services. “We are eager to leverage Bob’s expertise to further strengthen and build our Forensic Accounting practice in D.C....

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  • Resources

    U.S. Construction Costs Up +2.12% in 2011

    Construction costs for non-residential buildings were up +2.12 percent year-on-year in the fourth quarter of 2011, according to the Turner Building Cost Index, produced by Turner Construction Company, a subsidiary of Hochtief. Costs were up +0.49 percent in the fourth quarter of the year, compared to the previous three months. According to Turner, this was the first time construction costs have risen since 2008, following two years of declines in 2009 and 2010. Karl Almstead, Turner’s vice president responsible for the Index said, “Commodity and material prices, although stable, are putting slight upward pressure on construction prices. There are some indications of material prices increases in the first part of 2012. However, price increases predicted by producers have not materialized.” Averaged across the year, costs...

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  • Equipment Management

    Nissan Forklift Launches NFCdirect.com, Enhanced E-Commerce Parts Portal

    MARENGO, Ill., January 2012 – Nissan Forklift Corporation recently launched NFCdirect.com, a new online portal for Nissan Forklift’s dealers and other partners.     NFCdirect.com allows Nissan Forklift to provide more personalized content to its partners and simplifies many online processes.     The system makes ordering easier by allowing users to make complete orders from their own spreadsheets by uploading an Excel file instead of individually ordering each item needed. It also offers one-click reordering, making it simple to order items that require frequent restocking.    Its real-time inventory status reduces back ordering and helps dealers to stock parts more efficiently.     Some features of the new system include: an all-in-one search tool, activity overviews, order status and history summary, price quote histories, embedded parts catalog, direct...

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  • Resources

    Highway and Water Funding Cut in FY 2012

    Congressional appropriators slashed investment levels for both highway and water infrastructure projects in appropriations bills passed in the closing days of the first session of the 112th Congress. These cuts will further impede a drastically underfunded and outdated infrastructure system.

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  • Risk Management

    Marsh Appoints Vincent C. Marrot Global Leader, Energy Engineering and Leader of Construction Engineering in International Division

    New York,  January 12, 2012 — Marsh announced the appointment of Vincent C. Marrot as Global Leader, Energy Engineering and Leader of Construction Engineering in Marsh’s International Division. In this newly created position, Mr. Marrot will be responsible for delivering Marsh’s risk engineering prodVincent Marrotucts and services on a globally consistent basis for Marsh’s Energy Practice and for Marsh’s Construction Practice outside of North America. Mr. Marrot brings to Marsh 20 years of engineering experience, including the last 12 years as an insurance loss adjuster. Mr. Marrot joins Marsh from AquaTerra Adjusters, a division of Cunningham Lindsey International, where he was a senior vice president. “In the aftermath of a number of large losses in the energy and construction sectors, our clients are focusing more...

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  • Project Management

    ESI Announces Top 10 Project Management Trends for 2012

    ARLINGTON, VA, USA –  As the project environment grows in complexity, project management will require team, stakeholder and executive collaboration in 2012 like never before. On-the-job application of training, custom-made project approaches, innovative project tools and smarter resource management will be essential for driving the greatest business impact. Not only project management, but also the definition of “project success” has changed to encompass more than the triple constraint. Collaboration is a common theme throughout many of the 2012 Top 10 Trends for project management, which were determined by a global panel of ESI International senior executives and subject matter experts. 1.    Program management will gain momentum, but resources remain in short supplyIncreasingly, large initiatives undertaken by corporations and government agencies are being recognized for what...

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  • Resources

    Hollister Construction Services Completes 26,585-Square-Foot Fit-out for Emerging Biofuel Company

    KING OF PRUSSIA, Pa. (Jan. 9, 2011) – Hollister Construction Services, a leading full-service general contractor and construction manager specializing in corporate, educational, healthcare, industrial and retail construction, announced that the firm has completed an intricate, 26,585-square-foot office fit-out for the new headquarters and technology center of emerging biofuel company Renmatix. Hollister Vice President Scott Levy oversaw the project, which is located at 660 Allendale Road in King of Prussia, Pa. Hollister utilized natural products to construct the space, which was designed by noted architecture firm KlingStubbins, and features an open-area design with wood-cladded office pods, as well as an abundance of natural light through exposed high ceilings and clear-story windows. Hollister also constructed an indoor park setting with tree and plant boxes, and garage...

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  • Equipment

    Terex Restructures Fort Wayne Facility to Improve Customer Support and Position for Growth

    OKLAHOMA CITY – Terex has announced a restructuring of its Fort Wayne manufacturing facility to adjust to current market conditions and refine its front discharge mixer truck line to meet customer needs well into the future. “After the boom of the mid-2000s, the mixer truck market has experienced a deep, unprecedented multi-year recession in which ready mix concrete producers are keeping trucks in their fleet for longer periods of time,” says David Rinas, site director for Terex Roadbuilding, Fort Wayne. “As a result, parts sales and field service demand has been on the rise, so we are adjusting our business to better support our customers now and after the economy rebounds.” Terex is taking advantage of the economic downturn to streamline and update its manufacturing...

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  • Resources

    International Equipment Solutions Names Stephen Andrews Chief Executive Officer

    New York, NY– International Equipment Solutions, LLC (“IES”) announced that it has named Stephen Andrews as its Chief Executive Officer. Mr. Andrews was previously President and Chief Executive Officer of Pettibone LLC, the parent company of fourteen diversified global industrial businesses. IES, through its Paladin and Crenlo business units, is a global engineered equipment company serving the construction, agriculture, landscaping, infrastructure, recycling, demolition, mining and energy markets. IES is owned by KPS Capital Partners, LP, a private equity firm with over $2.7 billion of assets under management, which formed the company in September 2011. Mr. Andrews said, “I am thrilled to lead International Equipments Solutions. IES’ acquisitions of Paladin and Crenlo are just the first steps in the creation of an international engineered equipment manufacturer...

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