ABC: Construction Industry Must Attract 439,000 Workers in 2025
“While the construction workforce has become younger and more plentiful in recent years, the industry still must attract 439,000 new workers in 2025 to balance supply and demand,” said ABC Chief Economist Anirban Basu. “If it fails to do
Huron Capital Announces Acquisition of Premier Mechanical
DETROIT, MI — Leading lower middle-market private equity firm Huron Capital has announced that its portfolio company, The Exigent Group, along with its operating company, Smith-Boughan Mechanical has acquired Premier Mechanical. Premier is a commercial and industrial HVAC and mechanical
Handwashing is Best Defense Against Spread of Norovirus
MENOMONEE FALLS, WI — If you or someone you know has been sick with a stomach bug lately, chances are it is the highly infectious norovirus, which causes symptoms like vomiting and diarrhea. Medical experts emphasize the most effective way
6 Reasons You Should Not Remain a Single Truck Operator
You’re a single truck operator. You’re proud of your independence. No one’s your boss and you don’t have any employees to make life difficult. And you’re cheating yourself and your family. Here’s six reasons why. 1. There is Little Work/Life
Weekly Product Gallery: Grundfos, DHT, NIBCO, Picote, California Faucets, Watermark
This week's product gallery highlights a hot water recirculation system, an electric boiler, a press manifold, a miller for unblocking and removing tree roots, a pop-down sink drain, and an industrial-looking sink faucet. Source link
Active Construction Market Accelerated Mergers and Acquisitions in 2024
A recent report from Capstone Partners, a US-based investment banking firm, found the active Construction market helped accelerate Construction merger and acquisition (M&A) activity in 2024 as buyers increasingly turned to acquisitions as a way to bolster growth, expand
International Code Council’s 45th Annual Building Safety Month Campaign to Kick Off First Week of May
WASHINGTON, DC — This year Building Safety Month, the month-long educational campaign which raises awareness about the importance of building codes in establishing and ensuring the safety of the built environment, kicks off on May 1, 2025. This year’s theme,
AIA Consensus Forecast Predicts Slower Growth
By KERMIT BAKER, FAIA, Chief Economist, American Institute of Architects [Editor's Note: this article first appeared on HPAC.com.] WASHINGTON, DC — After increasing by almost 20% in 2023 and another 6% last year, construction spending for nonresidential buildings—commercial, industrial, and institutional facilities—is projected
Clarience Technologies Announces Addition of Ranger Design
SOUTHFIELD, MI — Clarience Technologies, a global provider of visibility and safety and digital technology solutions for transportation, has added Ranger Design, a leading manufacturer of high-quality upfitting solutions for commercial vehicles to its team of companies. This addition
Frontier-Kemper-Tutor Perini JV Gets $1.2B Contract for NYC Side of Hudson Tunnel
The Gateway Development Commission voted on Feb. 3 to approve a $1.2-billion design-build contract with Frontier-Kemper-Tutor Perini JV for the Manhattan end of the $16-billion Hudson River rail tunnel between northern New Jersey and New York City. The commission’s