WASHINGTON (May 6, 2022) — The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%. 

GREENVILLE, S.C. and CINCINNATI, Ohio (May 4, 2022) — AMECO, a leading provider of construction and maintenance Site Services planning and delivery, announced today that it has acquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programs.

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 has acquired Axxis, LLC, a provider of fastening tools and collated fasteners. The transaction is PrimeSource’s fourth acquisition during Clearlake’s ownership. Financial terms were not disclosed.

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 safety best practices on construction jobsites. STEP is a proven system, more than 30 years old, that enables top-performing members to achieve incident rates 645% safer than the U.S. Bureau of Labor Statistics construction industry average.