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Tag: construction firms
Technology
Nearmap uses planes, not drones, to offer high-res aerial map views for construction
As many construction firms go to drone technology for site mapping, Australian-based company Nearmap is offering an advanced, digital take on a more traditional form of aerial photography: airplane flyovers. The Australian-based company flies over 72 percent of the U.S. population up to three times a year with plane-mounted cameras. It offers high-resolution aerial views, […]
March 11, 2019
Workforce
AGC Charities presents $195,000 in Hurricane Harvey aid to construction workers
Eighty-three construction workers who suffered damage to their homes from Hurricane Harvey got a $2,350 surprise. Each received a check in that amount from AGC Charities, the philanthropic arm of the Associated General Contractors of America. AGC Charities began raising money nationwide after Harvey’s winds and floods devastated Texas. It left many construction workers with […]
January 29, 2018
Business
Fluor to diversify offerings with purchase of NetherlandsÂ-based Stork
Headquartered in Irving, Texas, construction giant Fluor Corporation is buying Stork, one of Europe’s oldest industrial companies, founded in 1827. The purchase price for Stork is estimated at $755 million, for a company which specializes in maintenance and modification of large industrial facilities in the oil and gas, chemical, petrochemical, and power generation markets. Stork […]
December 21, 2015
Business
Construction firms paying their bills earlier the latest indicator of U.S. industry’s strength
Calling the findings evidence of a clear “upswing” in the U.S. construction industry, a U.K.-based credit reporting agency says American construction firms are, on average, paying their bills earlier than they were last time. According to a report from the Wall Street Journal, Creditsafe Inc. assessed roughly 1.7 million U.S. construction firms and found that they […]
October 12, 2015
Technology
Ohio’s Danis Building the second construction firm granted drone exemption by FAA
A large Ohio construction firm will soon begin to fly drones regularly over its jobsites with the good graces of the Federal Aviation Administration. Danis Building Construction of Miamisburg, Ohio, tells WKEF TV it applied for a commercial drone exemption from the FAA in October and was given the thumbs up by the agency in […]
June 15, 2015
Business
After 40 years in business, Savannah firm J.T. Turner Construction to cease operations
In announcing that Savannah-based firm J.T. Turner Construction Co. Inc. is closing its doors, founder Jim Turner said his company is the latest victim of the recent economic recession. According to a report from the Savannah Morning News, the company suffered from “reduced profit margins in an increasingly competitive environment, as well as investment in several failed […]
March 16, 2015
Roadbuilding
Majority of construction firms have a hard time finding skilled workers
The problem of not being able to find enough skilled craft workers is reaching nearly universal levels in the U.S. construction industry, according to a new survey. In response, the Associated General Contractors of America today released a workforce development plan aimed at repairing what it calls a “decimated” pipeline of qualified workers to the industry. Of […]
October 24, 2014
Workforce
How one construction firm is using drag racing to recruit new talent
If you want to catch a fish you need bait. And if you want to catch the attention of a mechanic, a 10,000 horsepower, 300 mile-per-hour car is a good start. Mechanics and technicians, as we all know, are in short supply. To recruit them Herzog Contracting, the Association of Equipment Management Professionals and the […]
September 4, 2014
Home
Construction firms are turning down work due to the labor shortage, but most are willing to pay more to find workers
A majority of construction companies across the U.S. are facing a shortage in skilled labor and a large number of them have been forced to turn down work in the last year because they didn’t have the workers needed for the job, according to a recent survey conducted by the Associated General Contractors of America […]
August 28, 2014
Business
Granite Construction names Christopher Miller executive VP and COO
Christopher S. MIller is Granite Construction’s new executive vice president and chief operating officer, effective August 4th. Reporting to James H. Roberts, president and chief executive officer, Miller will oversee Granite’s day-to-day operations. MIller comes to Granite with executive experience at CH2M Hill, serving in the position of managing director, global operations and president of […]
July 16, 2014
Business
How 5 construction companies are passing the baton to the next generation
[Editor’s Note: This is Part Two in a four-part series chronicling the stories of contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] [Editor’s Note II: The names in the article below have been changed due to the personal nature of […]
February 4, 2014
Business
How to choose who to sell your construction company to and when
[Editor’s Note: This is Part Four in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] Stever Robbins, executive coach with Stever Robbins Incorporated, says assuming you’ll pass your business along to your […]
February 4, 2014
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