RALEIGH, N.C. (Sept. 19, 2024) — FMI Corporation, a provider of consulting and investment banking services to the built environment, released the 2024 Ownership Transfer and Management Succession Study focused on the engineering and construction industry. The report provides key insights and tactics to help owners and executives navigate their companies’ transitions. 

CLEVELAND (September 23, 2024) — Diversified Fall Protection (DFP), a turnkey fall protection integrator in the U.S. for regulatory-driven systems and services, has appointed Gabe Galvan as EBM Design Director. Galvan will play a key role in leveraging the company’s newly acquired California SIT (scaffold inspection and testing) license.

TORONTO (Sept. 18, 2024) — Augmenta, an artificial intelligence (AI) platform for the built environment, announced a partnership with ENG, a global building information modeling (BIM) company, to provide automated electrical design modeling solutions for the construction industry. As part of today’s partnership, Augmenta is announcing the commercial availability of an AI design solution that enables design automation for electrical subcontractors.

WASHINGTON (Sept. 12, 2024) — Construction input prices increased 0.1% in August compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.2% for the month.