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Here you will find the latest news and information from the construction industry. To keep up with the goings-on, don’t miss a thing by subscribing to our CBO Alert newsletter, as well as our all-product edition, the CBO Product Report.

  • Construction Job Openings Increased in March; Demand for Labor Remains Strong, Says ABC
    WASHINGTON (May 3, 2022) — The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau
    Read More →: Construction Job Openings Increased in March; Demand for Labor Remains Strong, Says ABC

  • PrimeSource Acquires Axxis, Expanding Portfolio of’Specialty Residential Building Products
    IRVING, Texas, SANTA MONICA, Calif. and SCHAUMBURG, Ill. (May 3, 2022) — PrimeSource Brands, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P., announced that it
    Read More →: PrimeSource Acquires Axxis, Expanding Portfolio of’Specialty Residential Building Products

  • Kerry Koberg Named Chairman of SC&RA’s Allied Industries Group Governing Committee?
    URBANDALE, Iowa (May 2, 2022) — Kerry Koberg, strategic accounts manager for DICA, was named chairman of the Specialized Carriers & Rigging Association’s (SC&RA) Allied Industries Governing Committee.  Koberg’s nomination was approved
    Read More →: Kerry Koberg Named Chairman of SC&RA’s Allied Industries Group Governing Committee?

  • ABC 2022 Safety Performance Report: Top-Performing STEP Members Are Six Times Safer Than Industry Average
    WASHINGTON (April 29, 2022) — Associated Builders and Contractors (ABC) today unveiled its 2022 Safety Performance Report, an annual, comprehensive study of the impact of the STEP Safety Management System and guide to
    Read More →: ABC 2022 Safety Performance Report: Top-Performing STEP Members Are Six Times Safer Than Industry Average

  • FARO Enables AEC Professionals to Harness Power of Data at Oracle Industry Lab
    LAKE MARY, Fla. (April 28, 2022) — FARO Technologies, Inc., a global leader in 4D digital reality solutions, announced it has joined forces with Oracle to help architecture, engineering and construction (AEC)
    Read More →: FARO Enables AEC Professionals to Harness Power of Data at Oracle Industry Lab

  • American Concrete Institute Opens New Midwest Resource Center in Illinois
    FARMINGTON HILLS, Mich. (April 28, 2022) — The American Concrete Institute (ACI) has opened a second resource center, located in the Chicago metropolitan area, to serve Midwest communities in the concrete industry.
    Read More →: American Concrete Institute Opens New Midwest Resource Center in Illinois

  • RedTeam Names Traci VanDalsem Vice President of Client Experience
    ORLANDO, Fla. (April 28, 2022) — RedTeam Software, a leading construction management software platform provider, has named Traci VanDalsem vice president of client experience.  In her new leadership position, VanDalsem plays a
    Read More →: RedTeam Names Traci VanDalsem Vice President of Client Experience

  • GDP: US Economy Contracts, Investment in Structures Down Again, Says ABC
    WASHINGTON (April 28, 2022) — The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9%
    Read More →: GDP: US Economy Contracts, Investment in Structures Down Again, Says ABC

  • State Construction Unemployment Is Down in 45 States From a Year Ago, Says ABC
    WASHINGTON (April 27, 2022) — The not seasonally adjusted (NSA) national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states
    Read More →: State Construction Unemployment Is Down in 45 States From a Year Ago, Says ABC

  • 16 GOP Governors to Biden: Back Off Project Labor Agreement Mandates
    WASHINGTON (April 26, 2022) — Associated Builders and Contractors (ABC) today applauded a letter sent to President Joe Biden by 16 Republican governors, led by Asa Hutchinson of Arkansas and Bill Lee of
    Read More →: 16 GOP Governors to Biden: Back Off Project Labor Agreement Mandates

  • New Crane Index & Quarterly Cost Report from Rider Levett Bucknall Reveal Construction Trends in Cities Throughout North America
    PHOENIX, Ariz. (April 19, 2022) — The latest Crane Index and Quarterly Cost Report (QCR) was released by Rider Levett Bucknall (RLB), an independent global construction and property consultancy providing management and
    Read More →: New Crane Index & Quarterly Cost Report from Rider Levett Bucknall Reveal Construction Trends in Cities Throughout North America

  • Sullair Announces Climate Change Action With Goal of Reaching Carbon Neutrality in 2023
    MICHIGAN CITY, Ind. (April 26, 2022) — Sullair, a Hitachi Group Company, announced its long-term climate action strategy and goal to globally reach carbon neutrality. It will be achieved by undertaking capital
    Read More →: Sullair Announces Climate Change Action With Goal of Reaching Carbon Neutrality in 2023

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