Tag: construction business: Page 18

Business

Brooks leads National Association of Women in Construction

The new executive vice president of the National Association of Women in Construction has hit the ground running. Since joining the organization in September, Beth Brooks “has begun to realign staff and has assessed ways to better serve our members, renew partnerships and increase our national sponsorships,” says NAWIC President Catherine Schoenenberger. Brooks comes to […]

January 31, 2018

Business

PCA economist: Construction economy is good, but Trump’s infrastructure proposals will take time to show benefit

It’s no mirage. “No matter how you look at it, the near-term economy is in good shape,” says Ed Sullivan, senior vice president and chief economist at the Portland Cement Association. Even better, there’s at least a couple more years of strong economic growth ahead, he says. After 2020 the picture is still good, but […]

January 30, 2018

Business

Fifth-generation construction family prevails with hard work, community spirit and Texas attitude

If you can’t work hard, you won’t last long in Texas. It’s just part of the culture, and something the world saw this summer when Hurricane Harvey dumped 5 feet of rain along the Texas Gulf Coast. Just east of Beaumont, KAT Excavation and Construction was swamped by that deluge. Flooded shop and offices. Water […]

January 22, 2018

Roadbuilding

The Electric Summer: EVs will have big impact on road construction industry

1967. I was a teenager. The Summer of Love. Fast forward four decades , and it appears we just experienced the Summer of Electric drive vehicles, or EVs, in 2017. No less than GM, Volvo, Daimler, Honda, and even Dyson – yes, the vacuum cleaner people – have announced a coming EV in the last few […]

January 22, 2018

Business

How an insurance rating could unfairly cost contractors jobs

A complicated calculation for determining workers compensation premiums has evolved into a do-or-die benchmark on whether contractors are qualified to bid on many jobs, and some say that’s not fair, especially for smaller contractors. It’s called the experience modification rate (EMR), and it’s based on previous workers comp claims versus payroll and other factors. The […]

January 17, 2018

Workforce

Construction industry unites to launch Go Build America, a nationwide workforce initiative

Across the nation, employers need more than a million workers to meet construction industry demand – but the work force is shrinking, becoming older, and fewer young people are entering the trades. The average age of a tradesman today is 47, and only one out of 10 are women, according to Go Build America, a […]

January 5, 2018

Business

Construction spending up 0.8% in November

U.S. construction spending rose during November on gains from both the residential and nonresidential markets. Total spending rose 0.8 percent from October to a seasonally adjusted annual rate of $1.256 trillion. The total represents a 2.4-percent improvement over the November 2016 rate. Residential spending by private homebuilders rose 1 percent during November to a rate […]

January 4, 2018

Workforce

Contractors expect growth in 2018 – along with worsening labor shortage

Anticipating that the economy will be better than last year for the industry, a majority of construction firms plan to expand their payrolls in 2018. But their optimism is tempered by concern over a growing shortage of skilled workers. That’s according to a survey released today by Associated General Contractors of America and Sage Construction and […]

January 3, 2018

Workforce

Construction jobs reach 10-year high, yet contractors face increasing challenges filling openings

Construction employers added 24,000 jobs in November and 184,000 over the year – yet the need remains high for more workers to fill open positions, according to the Associated General Contractors of America. Employment in construction jumped to 6.955 million jobs in November – the highest level since November 2008, according to an analysis of […]

January 1, 2018

Contractor of the Year

Precision excavation, machine tech key to Tenn. contractor’s growth

Joe Palmer wasn’t exactly your typical teen. Midway through his senior year in high school, Palmer took his savings from the many jobs he’d been working and bought a new set of wheels: a dump truck. With that truck and some compact equipment, Palmer started his company, doing hauling and light demolition. By the grand […]

December 25, 2017

Contractor of the Year

Here are our 2018 Contractor of the Year finalists

Equipment World has named its 2018 Contractor of the Year finalists, ushering in the 18th year of the program. Each year, the editors of Equipment World vet Contractor of the Year applications from across the country, examining each contractor’s references, business acumen, equipment management practices, attention to safety and community involvement. The program, which recognizes […]

December 12, 2017

Workforce

Construction adds 24,000 jobs in November

The U.S. construction industry increased employment for a fourth consecutive month in November, with the addition of 24,000 jobs. Total construction employment rose to 6.955 million Americans during the month, a 2.7-percent improvement over the November 2016 total, according to preliminary data from the Labor Department. The November jobs data also brought a revision to […]

December 11, 2017