Commercial Building: Page 57
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Material prices back on the rise
An elevated producer price index indicates the economy remains overheated, said Anirban Basu, chief economist of Associated Builders and Contractors.
By Sebastian Obando • Feb. 17, 2023 -
Granite reports higher profits but stumbles on accounting again
A missed $12 million tax accrual will cause the California contractor to restate its books for the second time in two years.
By Joe Bousquin • Feb. 17, 2023 -
Explore the Trendline➔
Permission granted by Associated General Contractors of AmericaTrendlineLabor
A roundup of articles about issues affecting the workforce.
By Construction Dive staff -
Q&A
Award-winning CTE teacher attends State of the Union
Cory Torppa, who earned $100,000 for his Washington state high school’s construction program, said it's important to introduce students to the trades.
By Zachary Phillips • Feb. 16, 2023 -
Executive Moves
XL Construction appoints new president, COO
The Northern California firm, which specializes in life science construction, made other promotions in its science, technology and healthcare unit.
By Joe Bousquin • Feb. 16, 2023 -
Q&A
How a theater background helped set the stage for a career in construction
Bulley & Andrews’ Dana Erdman embraces technology as well as diversity in her dual roles at the Chicago-based construction firm.
By Jennifer Goodman • Feb. 15, 2023 -
Contractors confident in the face of falling backlog
New work declined in January but remains one month higher than this time last year, per a new Associated Builders and Contractors report.
By Sebastian Obando • Feb. 15, 2023 -
Executive Moves
Arco Design/Build appoints new CEO, president
The Atlanta-based firm named new leadership with Rob Steigerwald as chief executive officer and Jake Stefan as president.
By Sebastian Obando • Feb. 15, 2023 -
Ford to build $3.5B Michigan battery plant
The automaker and its partners have invested $17.6 billion in the EV business since 2019, including the groundbreaking of its Tennessee “mega-campus” last month.
By Kate Magill • Feb. 14, 2023 -
Construction’s labor gap tops 500K
As a large swath of the workforce reaches retirement age, newer recruits lack the same level of experience.
By Zachary Phillips • Updated Feb. 15, 2023 -
Project Wins
Turner Construction, Clark Builders win $54.5M mass timber student housing project
The facility at the University of Fraser Valley near Vancouver is being funded to a large degree by the province of British Columbia.
By Joe Bousquin • Feb. 14, 2023 -
Lendlease reports loss, points to new UK residential defect law
The Australian developer and contractor is in year two of a five-year course correction, CEO Tony Lombardo said in an earnings call Monday.
By Zachary Phillips • Feb. 13, 2023 -
Construction prices fall in some cities: Mortenson
Costs for projects in Milwaukee and Minneapolis shrank last quarter, while those in Phoenix were still on the rise.
By Joe Bousquin • Feb. 13, 2023 -
Project Wins
Turner wins $725M Agilent biotech project
The contractor plans to complete the 200,000-square-foot pharmaceutical manufacturing facility in Frederick, Colorado, by 2026.
By Sebastian Obando • Feb. 13, 2023 -
Q&A
NY union head: Material prices are construction’s ‘biggest challenge’
Felice Farber, new executive director for the Subcontractors Trade Association, talks about inclusion and construction’s most serious woes.
By Zachary Phillips • Feb. 10, 2023 -
The top and bottom 5 states for construction employment
High interest rates have negatively impacted some projects, but unemployment has dipped as contractors focus on their backlog.
By Zachary Phillips • Feb. 10, 2023 -
Contractor to pay $3.6M to settle unpaid shifts claim
The Las Vegas painting firm agreed to settle a Department of Labor lawsuit alleging it violated the Fair Labor Standards Act.
By Laurel Kalser • Feb. 9, 2023 -
Retrieved from Northland Career Center on February 08, 2023Column // Help Wanted
Missouri trade school gets $32M boost for larger facility
The Northland Career Center wants to construct a new, $60 million facility to better serve the skilled trade needs in the region.
By Zachary Phillips • Updated Feb. 9, 2023 -
The Super Bowl’s most recent stadiums and how much it cost to build them
SoFi Stadium was just two years old when it first hosted the Super Bowl last year, but Miami’s Hard Rock Stadium has hosted six times since 1987.
By Zachary Phillips • Updated Feb. 9, 2023 -
Commercial construction planning falls after months of gains
Despite a dip in the Dodge Momentum Index, levels of building activity remain comparatively strong.
By Sebastian Obando • Feb. 9, 2023 -
Boldt invests in VC firm founded by Green Bay Packers, Microsoft
A major focus of the investment includes technologies around modularization and automation, said Dave Kievet, president of The Boldt Co.
By Sebastian Obando • Feb. 8, 2023 -
AECOM profit grows on expanding backlog from city, state projects
The Dallas-based firm said many of its government clients have flush rainy day funds ahead of expected increases in infrastructure spending over the next several years.
By Joe Bousquin • Feb. 8, 2023 -
Jacobs beats estimates, maintains strong 2023 outlook
Government stimulus money will continue to boost the contractor’s performance this year, said CEO Bob Pragada during an earnings call last week.
By Sebastian Obando • Feb. 8, 2023 -
Biden details ‘Buy America’ plan in State of the Union
The president listed some of the types of materials and federally funded projects that would fall under his standard.
By Jennifer Goodman , Zachary Phillips • Feb. 8, 2023 -
Racism in Construction
Worker directed to use ‘colored door’ drops sub from suit
After asking to enter a trailer to use the microwave, the Black worker said a superintendent told him he had to use a separate entrance from White staff.
By Joe Bousquin • Updated Nov. 16, 2023 -
Collapse that killed 3 underscores importance of scaffolding safety
Safety experts emphasized focusing on planning ahead and utilizing tech tools to protect workers at heights.
By Katie Pyzyk • Feb. 7, 2023