Tag: construction business: Page 27

Business

Nashville may soon require contractors to hire significantly more local workers on metro projects

An amendment that will be presented to Nashville voters in August is drawing the ire of some members of the local construction industry there. According to a report from Nashville Public Radio, the proposed amendment would require construction companies contracted by the city to ensure that 40 percent of all worker hours on major projects […]

June 19, 2015

Business

St. Louis construction firms help establish $10 million Contractors Loan Fund for minority- and women-owned businesses

Aiming to boost the number of construction companies owned by minorities and women in the St. Louis area, a group of firms and banks joined forces to establish the Contractors Loan Fund. According to a report from St. Louis Public Radio, the $10 million loan fund will be a big help to those companies who […]

June 4, 2015

Business

Palm Beach high school construction academies seek to fill Florida’s skilled worker shortage

The Palm Beach County school district has opened three construction academies that are equipping students from ninth through 12th grades with valuable construction skills through real-world, hands-on experience. According to a report from the Palm Beach Post, academies have opened at high schools in Delray Beach, Loxahatchee and the Glades as construction firms across the state […]

June 2, 2015

Success Stories

This “crazy diverse” Iowa contractor thrives on doing work that other companies shun

“I knew from high school I wanted to be a contractor,” says Jeff Pettiecord. So he started doing small remodeling jobs shortly after graduating, and eventually started his company in 1984. But it was the early 1980s and times were tough. “I literally chased fire trucks,” Jeff recalls. He’d call on the owners of the fire-damaged […]

June 2, 2015

Business

Construction spending up 2.2% in April to $1 trillion, 6-year high

Big gains in nonresidential boosted total construction spending in April 2.2 percent, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.006 trillion, the highest figure in more than 6 years and up 4.8 percent over April 2014. Total residential construction spending rose 0.6 percent to a rate of $359 billion while […]

June 1, 2015

Business

Construction lending is outpacing that of completed buildings with rates at their lowest since 2007

It’s OK. You can call it a comeback. Though much of the talk around whether or not the construction industry has truly rebounded or not has died down in the last six months or so, a new study has highlighted a particularly interesting statistic that points to just how strong the industry’s turnaround is. According […]

May 28, 2015

Business

Construction spending falls 0.6% in March with lone gains in nonresidential

With decreases across all sectors save for private nonresidential, U.S. construction spending fell 0.6 percent in March to a seasonally adjusted annual rate of $966.5 billion, according to preliminary estimates from the Commerce Department. Spending remained 2 percent above the March 2014 level. Total residential spending fell 1.6 percent to a rate of $354.7 billion and […]

May 5, 2015

Business

Material Tracker site matches contractors for receiving construction materials or dumping excess

In its sales pitch, Material Tracker makes a scary-good point: “Unknowingly, you may have driven past a dump site that could help save time, fuel costs and make more money.” Having too much or too little material on construction sites has just been a harsh reality of the business. Now, it’s just one more cost the […]

May 1, 2015

Business

How to de-clutter your construction office into a (nearly) paperless, more efficient work space

Spring is the time of year when everything is new and fresh, so now that the season has officially arrived, people turn their attention to cleaning and organizing tasks. It’s the perfect time to tackle organizing work space, as well. A cluttered office not only makes you look disorganized to your employees and clients, but […]

March 23, 2015

Business

Succession planning: How one future contractor takes preparation to assume the family business seriously

In the past, second- and third-generation contractors often assumed the helm of the company because it was all they’d known, and what they were expected to do. They had years of experience in the field, but often had limited decision-making skills and little management experience. The focus on succession planning has often been on steps […]

March 4, 2015

Business

Construction company expands into the crime scene/meth lab cleanup business

In construction, it’s always good for business owners to explore diversification, to look into new ways their outfit is equipped to quickly flex and serve another need in their area. Some common ones are landscaping or snow plowing, others might get into environmental cleanup. But one North Carolina contractor took an extra step outside the […]

February 24, 2015

Success Stories

Precision Pipeline worked around the recession and desert turtles to become one of Utah’s top contractors

Landon Floyd grew up in construction. His father ran a small excavation and pipeline company in Southern California but moved to Utah when Landon was a boy because it seemed a better place to raise a family. Although his dad handed the reins over about 10 years ago, Landon grew up working for the company. […]

February 10, 2015