HAMILTON, N.J. (Oct. 19, 2021) — Total construction starts rose 10% in September to a seasonally adjusted annual rate of $889.7 billion, according to Dodge Construction Network. All three sectors improved: nonresidential building starts rose 15%, residential starts moved 9% higher and nonbuilding starts increased by 6%.
DEERFIELD, Ill. (Oct. 19, 2021) — Caterpillar Inc. is creating the position of chief sustainability & strategy officer, enhancing its environmental, social and governance (ESG)-related disclosures and tying a portion of executive compensation to ESG. These actions reflect stakeholder feedback and illustrate the company’s longstanding commitment to sustainability.
WASHINGTON (Oct. 18, 2021) — Associated Builders and Contractors has released the following statement about the importance of Construction Inclusion Week, which runs Oct. 18-22.
ARLINGTON, Va. (Oct. 15, 2021) — The prices contractors pay for construction materials far outstripped the prices contractors charge in the 12 months ending in September, despite a recent decline in a few materials prices, while delivery problems intensified, according to an analysis by the Associated General Contractors of America (AGC) of government data.
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TALLAHASSEE, Fla. (Oct. 13, 2021) — Associated Builders and Contractors (ABC) of Florida has announced the creation of an internal advisory panel of industry experts who will play a critical role in discussions relating to building structure safety in the wake of the Surfside tragedy.
SAUK CENTRE, Minn. (Oct. 12th, 2021) — Felling Trailers Inc., a national leader in industrial and commercial trailers, has appointed Joel Lindmeyer as their Great Lakes Regional Sales Manager. In this role, he will be responsible for all sales development, activity, and dealer support within Minnesota, Wisconsin, Illinois, Michigan, Indiana, Ohio and Kentucky.
WASHINGTON (Oct. 12, 2021) — Associated Builders and Contractors (ABC) has reported that its Construction Backlog Indicator fell to 7.6 months in September, according to an ABC member survey conducted Sept. 20-Oct. 4. The reading is down 0.1 months from August 2021, but up 0.1 months from September 2020.