COLUMBUS, Ohio (July 26, 2016) – The fast-approaching presidential election is not the only government issue on the minds of small business owners this summer. Between changes in the Affordable Care Act (ACA), local minimum wage increases and employee overtime rules, small business owners are facing a triple whammy of regulatory changes, making the task of compliance more challenging.
Welcome to our Construction Industry News page, where we bring you the latest updates on mergers and acquisitions, key new hires, and significant industry shifts. Stay informed with breaking news and in-depth reporting to keep up with the fast-paced changes shaping the construction business.
The construction industry has transformed drastically over the past 20 years. Smartphone apps have enabled real-time information exchange; armloads of files and blueprints are being replaced by a few taps on a tablet. Technology is changing almost every aspect of the industry, and companies that refuse to adapt and implement it risk being outdone by tech-savvy competitors.
NATIONAL (August 22, 2016) - Knapheide recently announced its sweepstakes for customers and industry leaders. Time is running out to enter the Knapheide Win-A-Truck Sweepstakes! In this sweepstakes, one winner will receive a brand new work truck outfitted with a Knapheide body.
MOLINE, Ill. (Aug. 22, 2016) - Declared “the worst disaster to strike the United States since Superstorm Sandy” by the American Red Cross, the historic flooding to ravage Louisiana has claimed at least 13 lives, made 20 parishes federal disaster areas and forced thousands of people from their homes.
Events include free education & training for agents
CHICAGO (August 15, 2016)—The Council of Residential Specialists (CRS) will offer complimentary education and training programs focused on effective real estate business strategies during CRS Week, September 19 – 23, 2016. CRS Week is an annual event held at the local level across the United States. It is focused on promoting the value of Council’s prestigious Certified Residential Specialist designation.
Plunge by electric utilities offsets gains for commercial building & multifamily housing
NEW YORK (August 19, 2016) – At a seasonally adjusted annual rate of $586.3 billion, new construction starts in July fell 2 percent from the previous month, according to Dodge Data & Analytics. A steep drop by electric utilities pulled down the nonbuilding construction sector, which in turn contributed to the slight decline for total construction starts.
HOUSTON, Texas (August 16, 2016) - Tadano America recently announced the appointment of Heavy Iron LLC as a distributor for Tadano crane products. The company will be responsible for the sales, marketing and customer service for Tadano’s line of rough terrain and all-terrain cranes in the states of North Carolina, South Carolina and parts of Eastern Georgia.
WASHINGTON, DC (August 17, 2016) – The Architecture Billings Index (ABI) was positive in July for the sixth consecutive month, and tenth out of the last 12 months as demand across all project types continued to increase. As a leading economic indicator of construction activity, the ABI reflects the approximate 9 to 12 month lead time between architecture billings and construction spending.
35th annual list ranks fastest-growing private companies in America
SOUTH HAVEN, Minn. (August 17, 2016) – Legacy Building Solutions announced it has earned the position of 1952 on the 2016 Inc. 5000 fastest-growing private companies in America.
WASHINGTON, DC (August 18, 2016) – The Equipment Leasing & Finance Foundation (the Foundation) released the August 2016 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).
SCOTTSDALE, Ariz. (August 18, 2016) - Inc. magazine ranked GPS Insight number 3,668 with 3-year sales growth of 85% on its 35th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies.
Company recognized for its commitment to recycling, waste reduction & reuse
LANCASTER, Pa. (August 9, 2016) – Armstrong Flooring is the recipient of the 2016 Professional Recyclers of Pennsylvania (PROP) Outstanding Achievement Award. The honor is a direct result of the PA-based brand’s recently reimagined On&On Floor Recycling Program, in which flooring is recycled in a closed-loop, post-consumer stream. It is the first program of its kind to recycle installed Armstrong flooring products.
MENASHA, Wis. (August 12, 2016) – Darin Marsden, director of virtual construction at Faith Technologies will co-lead a panel with Dan Bayer, director of virtual construction at Miron Construction Co. Inc., on building information modeling (BIM) at Constructech’s Technology Day 2016 conference on Thursday, August 18, in Schaumburg, Illinois.
GUTHRIE CENTER, Iowa (August 9, 2016) DICA recently added a fifth patent to its SafetyTech outrigger pad patent portfolio. This most recent patent, issued in Canada (2,860,490) on July 12, 2016, is for C- or U-shaped TuffGrip handles used with any size or shape of SafetyTech outrigger pad.
New England company leverages full platform for estimating & operations
BOSTON (August 10, 2016) - B2W Software has announced that W. L. French Excavating Corporation has realized improved bidding, operational efficiency and equipment maintenance advantages by leveraging B2W Software’s Estimate, Dispatch, Track and Maintain applications.
WALNUT CREEK, Calif. (August 10, 2016) – ClickSafety has launched Spanish language versions of its Respirable Crystalline Silica Awareness in Construction and Respirable Crystalline Silica in Construction for the Exposed Worker.
WASHINGTON, D.C. (August 9, 2016) – Providence’s Runway 5 Extension at T.F. Green Airport (PVD) has received the Envision rating system’s Gold award from the Institute for Sustainable Infrastructure (ISI), which recognizes sustainable infrastructure across the full range of environmental, social, and economic impacts. Operated by the Rhode Island Airport Corporation (RIAC), the project is the 16th overall Envision-rated project and first project rated in Rhode Island.
MOLINE, Ill. (Aug. 8, 2016) - The latest 5-year forecast for the equipment rental industry released by the American Rental Association (ARA) projects a compound annual growth rate in revenue of 4.9 percent to reach $57.3 billion in the United States in 2020.
NEW YORK (August 5, 2016) – The Dodge Momentum Index moved slightly higher in July, increasing 0.5 percent to 134.7 (2000=100) from its revised June reading of 134.1. The index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.
NATIONAL (August 4, 2016) - APWA’s newly re-branded annual conference, PWX or “Public Works Expo,” will provide more than 120 education sessions on a broad array of the most current public works topics, with new inclusive learning experiences, new innovations and technologies, as well as new networking opportunities as part of the learning experience.