Tag: construction business: Page 22

Business

South Carolina’s Chipley Company named 2017 Contractor of the Year

Roy Chipley, owner of the Chipley Company in Florence, South Carolina, was named Equipment World’s 2017 Contractor of the Year at ceremonies in Las Vegas on Saturday. In 1995, Chipley walked away from from a successful career with Lockheed Martin—where he worked on space shuttle missions with NASA and later asset deployment with the Defense Department—to […]

March 13, 2017

Business

Construction spending falls 1% in January

U.S. construction spending fell 1 percent in January as residential gains weren’t enough to offset drops in nonresidential and government spending. Spending fell to a seasonally adjusted annual rate of $1.2 trillion in January but remains up 3.1 percent over the January 2016 total, according to preliminary data from the Commerce Department. Private homebuilding rose […]

March 2, 2017

Construction Equipment

John Deere optimistic for remainder of 2017 despite 24% 1Q profit decline

Though profit and equipment sales for John Deere were down in the first quarter, chairman and chief executive officer Samuel Allen says there is reason for optimism in 2017. “…All of our businesses remained solidly profitable,” Allen said in a statement included in the company’s quarterly earnings report for the period ending January 29. “Deere’s […]

February 27, 2017

Contractor of the Year

Virginia’s JBR Inc. combines a lifetime of construction experience with expert consulting

When Jack Bailey was a boy, his father took him to a piece of property he had bought and sold, tripling his money in only 90 days. “He said, ‘Son get out of construction. Development is where the money is at,’” as Bailey recalls. The boy listened, but the man has been unable to pull […]

February 22, 2017

Workforce

NAWIC to celebrate Women in Construction Week March 5-11

The National Association of Women in Construction (NAWIC) will celebrate Women in Construction (WIC) Week March 5-11, 2017. “NAWIC has enhanced the success of women in the industry for more than 62 years,” said NAWIC President Connie M. Leipard, CIT, in a press release. “We are proud to highlight contributions of women to the industry during […]

February 20, 2017

Business

Alexander Acosta is President Trump’s new nomination for Secretary of Labor

Less than 24 hours after Andrew Puzder withdrew his nomination as Secretary of Labor, President Trump announced the nomination of Alexander Acosta to fill the position during a press conference at the White House, saying, “I think he’ll be a tremendous Secretary of Labor,” The Hill reports. Acosta is a Republican and served on the National Labor […]

February 17, 2017

Business

Home starts drop in January as multi-family units settle from surge

The start of construction on new homes in the U.S. fell during January due to a drop in multi-family units. Total home starts fell 2.6 percent to a seasonally adjusted annual rate of 1.246 million but remain up 10.5 percent over the January 2016 rate, according to preliminary data from the Commerce Department. This latest data […]

February 16, 2017

Business

Construction adds 36,000 jobs; home starts end 2016 on strength of multi-family units

The latest data from the federal government indicate increases in both construction employment and the start of construction on new homes. The U.S. construction industry added 36,000 jobs in January and now employs 6.809 million Americans, according to preliminary data from the Labor Department. The figure represents a 2.5-percent increase over the January 2016 employment total […]

February 6, 2017

Business

Employers must now use new I-9 Form to verify employment eligibility of new hires

If you are hiring somebody new for your construction company this year, there is now a new and revised Employment Eligibility Verification form (Form I-9) that employers and employees must first fill out. The new form is required as of January 22 and has two parts, one filled out by the employer, the other by […]

January 26, 2017

Workforce

Though optimistic about 2017 demand, more U.S. contractors hobbled by skilled labor shortage

The latest construction hiring outlook from the Associated General Contractors of America contains both good news and bad. While the majority of U.S. contractors expect demand to grow in the public and private sectors across all market segments, they continue struggling to find qualified employees to meet that demand. And, according to the results of […]

January 11, 2017

Contractor of the Year

R. Brown Construction is built on expert operation through treacherous terrain, natural disasters

There’s no easy way to get to Willow Creek, California, where Roger Brown has been plying his skills as a contractor for more than three decades. Drive north on Interstate 5 until just near the Oregon border—and then hang a left into the some of the deepest woods and steepest mountains in the country. Keep […]

January 9, 2017

Business

Construction spending up 0.9% in Nov.

U.S. construction spending rose 0.9 percent in November thanks to gains in both homebuilding and nonresidential projects across the public and private sectors. Spending rose to a seasonally adjusted annual rate of $1.182 trillion and was 4.1 percent above the November 2015 mark, according to preliminary data from the Commerce Department. Private homebuilding spending rose 1 […]

January 5, 2017