Construction Industry News

WASHINGTON  (Aug. 18, 2021) — The Architecture Billings Index (ABI) recorded its sixth consecutive positive month, according to a new report from The American Institute of Architects (AIA).

PROVIDENCE, R.I. (Aug. 17, 2021) — Gilbane Building Company has announced that it will be joining five other general contractors: DPR Construction, Turner, Mortenson, McCarthy and Clark Construction Group to announce the inaugural “Construction Inclusion Week,” which will be held Oct. 18 — Oct. 22, 2021. Gilbane is chairing the first Construction Inclusion Week with the theme of “Building the Foundation for Inclusion.”

IRVINE, Calif. (Aug. 17, 2021) — MAZO Capital Solutions, a leading full-service commercial finance company dedicated to serving America's small business community, has announced a significant strategic partnership with Heave, the Tampa-based heavy equipment platform built to provide contractors the easiest and fastest way to receive quotes from dealers.

HOUSTON (Aug. 16, 2021) — Last week Ritchie Bros. sold US$99+ million of pipeline construction equipment in its largest-ever single-owner auction, for Barrilleaux Inc. In less than two days, the company sold 3,100+ items from three Barrilleaux locations in New Mexico and Texas to thousands of online bidders from around the world.  

ARLINGTON, Va. (Aug. 12, 2021) — Extreme price increases continued in July for a wide range of goods and services used in construction, according to an analysis by the Associated General Contractors of America (AGC) of government data. Association officials urged President Biden to immediately end tariffs and quotas on steel, aluminum, lumber and other essential construction items to help stave off inflationary pressure in the construction industry.

GREELEY, Colo. (Aug 9, 2021) — The Hensel Phelps board of directors has announced the addition of Hydro Construction to Hensel Phelps. Based in Fort Collins, Colorado, Hydro Construction specializes in the construction of water and wastewater treatment facilities and related projects.

WASHINGTON (Aug. 2, 2021) — Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator remained unchanged at 8.5 months in July, according to an ABC member survey conducted July 20-Aug. 2, up 0.7 months from July 2020.

WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in new infrastructure investments and, according to a White House fact sheet, will supply approximately 2 million jobs per year over the next decade.

MOUNTAIN VIEW, Calif. (Aug. 4, 2021) — Egnyte has published a research report that analyzes reported ransomware incidents among its architecture, engineering and construction (AEC) industry customers.

MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc., one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cash on hand and existing debt availability.

WASHINGTON (Aug. 6, 2021) —The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ARLINGTON, Va. (Aug. 2, 2021) — Construction officials have outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change. The new initiative from the Associated General Contractors of America (AGC) is designed to lessen the carbon footprint of the built environment while also making the process of building projects even more efficient.

ARLINGTON, Va. (July 28, 2021) — Construction employment declined or stagnated in 101 metro areas between February 2020, the last month before the pandemic, and last month, according to an analysis by the Associated General Contractors of America (AGC) of government employment data released today. Association officials said that labor shortages and supply chain problems were keeping many firms from adding workers in many parts of the country.

PEOSTA, Iowa (July 30, 2021) — The Mi-T-M Corporation is celebrating its 50th anniversary in 2021. The company was founded in 1971 by A.J. Spiegel who engineered and developed the very first 1000 PSI self-contained, gas-powered pressure washer.

NORWALK, Conn. (July 28, 2021) – John L. Garrison, Jr., chairman, president and chief executive officer of Terex Corporation, has announced that Simon A. Meester has been appointed president of Genie, effective August 1, 2021. Meester will continue to report to Garrison and join the company’s executive leadership team.

WASHINGTON, (July 28, 2021) — The not seasonally adjusted (NSA) national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of United States Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC).

WASHINGTON (July 21, 2021) — Architecture firms reported increasing demand for design services in June according to a new report from The American Institute of Architects (AIA).

MCCONNELLSBURG, Pa. (July 27, 2021) — JLG Industries, Inc. and Jerr-Dan Corporation, LLC have announced that Maria Silva has been named vice president of human resources for the Access Segment. In her new role, Silva will lead the company’s workplace transformation efforts, including the career growth of existing and acquisition of new team members and the implementation and execution of HR policies, programs and services.

MARTINSBURG, Pa. (July 26, 2021) — Curry Supply Company has announced that Christopher Rearick has been named by the board as a sales manager in the Northeast region. Rearick is a sales veteran who will be responsible for the distribution and sales of Curry Supply’s products and services throughout the Northeast.

CINCINNATI (June 9, 2021) — STACK Construction Technologies recently announced the acquisition of SmartUse Solutions, Inc, an intuitive and responsive software solution for document viewing, markup and collaboration in the field.

The combination of STACK and SmartUse will empower construction teams to work more effectively and efficiently – wherever their work takes them.