Construction Industry News

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.

FARMINGTON HILLS, Mich. (July 19, 2021) – The American Concrete Institute (ACI) has announced that Rex C.

HAMILTON, N.J. (July 20, 2021) — Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to data from Dodge Data & Analytics. All three major sectors (residential, nonresidential building and nonbuilding) pulled back during the month. Single family housing starts are feeling the detrimental effects of rising materials prices.

TAMPA, Fla. (June 16, 2021) – Skanska recently announced the promotion of three executives in its Florida building division. Mandy Weitknecht has been promoted to Vice President of Business Development for the state of Florida and Nelmarie Bowe and Brian Peterson have been promoted to Project Executives.

WASHINGTON, (June 28, 2021) – The National Institute of Building Sciences, created by Congress in 1974, has named the first woman to serve as Chair of the Board of Directors.

Anne M. Ellis, P.E., Hon.M.ACI, F.ASCE, M.NAC, executive director with the Charles Pankow Foundation, was recently elected to serve alongside several new officers. They include: 

ARLINGTON, Va. (July 14,2021) — Unprecedented price increases for a wide range of goods and services used in construction pushed up contractors’ costs by a devastating 26.3% from June 2020 to June 2021, according to an analysis by the Associated General Contractors of America (AGC) of government data.

HAMILTON, N.J.  (July 13, 2021) — The latest issue of the Civil Quarterly (TCQ) from Dodge Data & Analytics reveals that most civil contractors are optimistic about the volume of work they expect in 2021 and 2022, and they anticipate both revenue and profit margin increases for their companies as a result.

WASHINGTON (July 8, 2021) — The nation's leading building trade unions recently released an update to its first-of-its-kind report on the economic impact of the long-standing partnership between skilled craft unions and the biopharmaceutical industry. America's building trades helped drive $23.6 billion in investment across 14 states on major construction projects over $5 million active at any point between 2015 and 2020.

HAMILTON, N.J. (July 8, 2021) – Following 6 months of consecutive gains, the Dodge Momentum Index fell to 165.8 in June, down 5% from the revised May reading of 175.1.

ARLINGTON, Va. (July 7, 2021) — Construction employment declined by 7,000 between May and June as the industry still employs 238,000 fewer people than before the pandemic, according to an analysis of government data by the Associated General Contractors of America (AGC).

DUBUQUE, Iowa (June 18, 2021) — Spahn & Rose Lumber Co. has entered into an agreement to purchase Metro Building Products, based in Marietta, Georgia. The planned acquisition unites two successful longtime lumber and building-material companies.

WASHINGTON (July 1, 2021) — National nonresidential construction spending declined 0.7% in May, according to an Associated Builders and Contractors (ABC) analysis of data by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.

SURFSIDE, Fla. (June 29, 2021) — More than 100 people are still unaccounted for after a collapse of a Florida condo building, The Champlain Towers South, on Thursday, June 24, 2021; 12 residents are confirmed dead. Despite the reported neglect of the building, a total collapse on this scale is still incredibly rare.

WASHINGTON (June 29, 2021) — Associated Builders and Contractors today announced that it has awarded an Inclusion, Diversity and Equity Initiative Grant to ABC of Michigan and its Greater Houston, Ohio Valley and Pacific Northwest chapters.

WASHINGTON (June 28, 2021) — After more than a decade leading The American Institute of Architects (AIA), Chief Executive Officer (CEO) Robert Ivy, FAIA, will retire at the end of 2021.

ARLINGTON, Va. (June 25, 2021) — Construction employment in May remained below the April level in 40 states and the District of Columbia, according to an analysis by the Associated General Contractors of America of government employment data released today. Association officials said skyrocketing materials prices and excessive delays in receiving key construction supplies were holding back the industry’s recovery.

DUBLIN (June 22, 2021) —  The global architectural services market size is anticipated to reach USD 474.36 billion by 2028, registering a compound annual growth rate (CAGR) of 4.7% over the forecast period.

SALT LAKE CITY, Utah (June 23, 2021) — Featuring a new wash building, facilities for both satellite and integrated diesel fueling with an existing CNG bus fueling building, and a parking lot for employees and visitors of Utah Transit Authority (UTA), Big-D Construction recently marked the completion of its first phase of UTA’s Depot District Clean Fuels Technology Center (DDCFTC). 

DENVER (June 21, 2021) — Colorado Governor Jared Polis has signed SB21-246, making his state the first in the nation to pass an electrification policy with support from organized labor. The Colorado BlueGreen Alliance-backed legislation will help Coloradans upgrade to efficient electric appliances, furnaces and water heaters that keep their bills low and air clean.

LAKE MARY, Fla. (June 7, 2021) — FARO Technologies, Inc. a global leader of 3D measurement, imaging, and realization solutions for the 3D Metrology, AEC (Architecture, Engineering & Construction), and Public Safety Analytics markets, today announced the acquisition of HoloBuilder, Inc.