Construction Industry News

WASHINGTON (Aug. 10, 2021) — The United States Senate has passed the bipartisan Infrastructure Investment and Jobs Act in a 69 to 30 vote this week. The bill would provide $550 billion in new infrastructure investments and, according to a White House fact sheet, will supply approximately 2 million jobs per year over the next decade.

MOUNTAIN VIEW, Calif. (Aug. 4, 2021) — Egnyte has published a research report that analyzes reported ransomware incidents among its architecture, engineering and construction (AEC) industry customers.

MILWAUKEE, Wis. (Aug 6, 2021) — The Manitowoc Company, Inc., a leading global manufacturer of cranes and lifting solutions, announced today that it has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc., one of the largest rental equipment companies in the U.S. Under the terms of the agreement, Manitowoc is expected to pay approximately $130 million funded by a combination of cash on hand and existing debt availability.

WASHINGTON (Aug. 6, 2021) —The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data by the United States Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ARLINGTON, Va. (Aug. 2, 2021) — Construction officials have outlined a series of steps public officials and the construction industry should take to address the impacts of the built environment on climate change. The new initiative from the Associated General Contractors of America (AGC) is designed to lessen the carbon footprint of the built environment while also making the process of building projects even more efficient.

ARLINGTON, Va. (July 28, 2021) — Construction employment declined or stagnated in 101 metro areas between February 2020, the last month before the pandemic, and last month, according to an analysis by the Associated General Contractors of America (AGC) of government employment data released today. Association officials said that labor shortages and supply chain problems were keeping many firms from adding workers in many parts of the country.

PEOSTA, Iowa (July 30, 2021) — The Mi-T-M Corporation is celebrating its 50th anniversary in 2021. The company was founded in 1971 by A.J. Spiegel who engineered and developed the very first 1000 PSI self-contained, gas-powered pressure washer.

NORWALK, Conn. (July 28, 2021) – John L. Garrison, Jr., chairman, president and chief executive officer of Terex Corporation, has announced that Simon A. Meester has been appointed president of Genie, effective August 1, 2021. Meester will continue to report to Garrison and join the company’s executive leadership team.

WASHINGTON, (July 28, 2021) — The not seasonally adjusted (NSA) national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of United States Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC).

WASHINGTON (July 21, 2021) — Architecture firms reported increasing demand for design services in June according to a new report from The American Institute of Architects (AIA).

MCCONNELLSBURG, Pa. (July 27, 2021) — JLG Industries, Inc. and Jerr-Dan Corporation, LLC have announced that Maria Silva has been named vice president of human resources for the Access Segment. In her new role, Silva will lead the company’s workplace transformation efforts, including the career growth of existing and acquisition of new team members and the implementation and execution of HR policies, programs and services.

MARTINSBURG, Pa. (July 26, 2021) — Curry Supply Company has announced that Christopher Rearick has been named by the board as a sales manager in the Northeast region. Rearick is a sales veteran who will be responsible for the distribution and sales of Curry Supply’s products and services throughout the Northeast.

CINCINNATI (June 9, 2021) — STACK Construction Technologies recently announced the acquisition of SmartUse Solutions, Inc, an intuitive and responsive software solution for document viewing, markup and collaboration in the field.

The combination of STACK and SmartUse will empower construction teams to work more effectively and efficiently – wherever their work takes them.

FARMINGTON HILLS, Mich. (July 19, 2021) – The American Concrete Institute (ACI) has announced that Rex C.

HAMILTON, N.J. (July 20, 2021) — Total construction starts lost 7% in June, slipping to a seasonally adjusted annual rate of $863.6 billion, according to data from Dodge Data & Analytics. All three major sectors (residential, nonresidential building and nonbuilding) pulled back during the month. Single family housing starts are feeling the detrimental effects of rising materials prices.

TAMPA, Fla. (June 16, 2021) – Skanska recently announced the promotion of three executives in its Florida building division. Mandy Weitknecht has been promoted to Vice President of Business Development for the state of Florida and Nelmarie Bowe and Brian Peterson have been promoted to Project Executives.

WASHINGTON, (June 28, 2021) – The National Institute of Building Sciences, created by Congress in 1974, has named the first woman to serve as Chair of the Board of Directors.

Anne M. Ellis, P.E., Hon.M.ACI, F.ASCE, M.NAC, executive director with the Charles Pankow Foundation, was recently elected to serve alongside several new officers. They include: 

ARLINGTON, Va. (July 14,2021) — Unprecedented price increases for a wide range of goods and services used in construction pushed up contractors’ costs by a devastating 26.3% from June 2020 to June 2021, according to an analysis by the Associated General Contractors of America (AGC) of government data.

HAMILTON, N.J.  (July 13, 2021) — The latest issue of the Civil Quarterly (TCQ) from Dodge Data & Analytics reveals that most civil contractors are optimistic about the volume of work they expect in 2021 and 2022, and they anticipate both revenue and profit margin increases for their companies as a result.

WASHINGTON (July 8, 2021) — The nation's leading building trade unions recently released an update to its first-of-its-kind report on the economic impact of the long-standing partnership between skilled craft unions and the biopharmaceutical industry. America's building trades helped drive $23.6 billion in investment across 14 states on major construction projects over $5 million active at any point between 2015 and 2020.