Construction Industry News

WASHINGTON (Aug. 2, 2024) — The construction industry added 25,000 jobs on net in July, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 239,000 jobs, an increase of 3.0%. 

VIRGINIA BEACH, Va. (Aug. 6, 2024) — Hampton Roads Sanitation District (HRSD) has chosen Garney as the design-builder for the Nansemond SWIFT Facility, an advanced water treatment facility in Suffolk, Virginia. Garney leads the project team, which includes Tetra Tech as the lead design engineer, Carollo Engineers specializing in advanced treatment design and MEB as a contractor partner.

KENNEDY TOWNSHIP, Pa. (Aug. 1, 2024) — Rosedale Technical College announced the launch of its new carpentry program, aimed at preparing students for employment in carpentry and construction. The new 16-month program equips students with the necessary knowledge, skills

WASHINGTON (July 17, 2024) — Spending on nonresidential buildings is projected to increase more than 7% this year, according to The American Institute of Architects (AIA) midyear Consensus Construction Forecast. The spending will slow to only 2% in 2025 as market challenges continue to impact the pace of growth.

ANAHEIM, Calif. (July 29, 2024) — Isuzu Commercial Truck of America Inc. has been awarded zero-emission certifications by the California Air Resources Board (CARB) and the Environmental Protection Agency (EPA) for the Isuzu NRR-EV.

AUBURN, Ala. (July 24, 2024) — Stone Martin Builders (SMB), a homebuilder across Alabama and the region, announced a new division dedicated to providing commercial construction services. The Alabama builder will launch Stone Martin Commercial to meet the needs of developers seeking to build master-plan communities and small-scale construction projects that blend into the local community.

ATLANTA (July 25, 2024) — Takeuchi is demonstrating commitment to environmental preservation by developing and implementing sustainable technologies wherever and whenever possible. Takeuchi facilities have been transformed to carbon neutral was part of that plan, first in Japan and then in the U.S. Recently, Takeuchi-US put that plan into action by installing energy-efficient solar panels at its locations in Pendergrass, Georgia, and Moore, South Carolina.

NEW YORK (July 18, 2024) — New York-based Coast, which offers solutions for U.S. companies to manage fuel and fleet spending, has raised $40 million in new Series B financing, led by ICONIQ Growth. The round included participation from existing investors Accel, Insight Partners, Vesey Ventures and Avid Ventures, as well as new investors Thomvest.

WASHINGTON (July 19, 2024) — Today, the National Labor Relations Board (NLRB) moved to withdraw its appeal of the U.S. District Court for the Eastern District of Texas’ decision to vacate the 2023 Joint Employer final rule, which means the court’s favorable decision will become final. The Board had appealed the decision on May 7.

GAINESVILLE, Fla. (July 17, 2024) — Infotech, a provider of infrastructure construction software solutions, was acquired by Diversis Capital Management LP, a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations.

MADISON, Wis. (July 16, 2024) — McShane Construction Company announced that Alison Gorham was promoted to vice president of the firm’s Wisconsin regional office in Madison.

Gorham joined McShane in 2012 as a project engineer and was subsequently promoted to project manager. In 2018, she established McShane’s Madison office and was promoted to director of Wisconsin operations.

BEDFORD, Mass. (July 9, 2024) — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased by 10.4% in June to 198.6 (2000=100) from the revised May reading of 179.9. Over the month, commercial planning increased 14.5% and institutional planning ticked up 0.2%.   

KENOSHA, Wis. (July 12, 2024) — The newly founded National Equipment League is broadcasting its first events online in partnership with HD Hyundai Construction Equipment North America.

ATLANTA (July 11, 2024) — KAI announce the grand opening of its new office located just east of Downtown Atlanta at 659 Auburn Avenue. This strategic relocation to the Old Fourth Ward neighborhood near Inman Park signifies KAI's robust growth trajectory and commitment to deepening its engineering-focused practice in Atlanta's dynamic landscape.

DAHLONEGA, Ga. (July 9, 2024) — RefrigiWear, a manufacturer of insulated industrial workwear, accessories and personal protective equipment (PPE), announced the appointment of Leigh Stadelmeier as vice president of B2B outdoor sales. In this role, Stadelmeier will build sales strategies to drive growth and revenue his division.

TAMPA (June 20, 2024) — At RealComm, a major gathering of real estate technology leaders in Tampa, the administrator of the U.S. General Services Administration (GSA) announced plans to invest $80 million from the Inflation Reduction Act (IRA), the largest climate investment in U.S. history, into smart building technologies that will help reduce emissions, increase efficiency and reduce costs, and enhance comfort across an estimated 560 federal buildings.

LOS ANGELES & HOUSTON (July 8, 2024) — B. Riley Financial Inc. has acquired the assets of Interface Consulting International Inc., an engineering and construction consulting and expert services firm.

RICHMOND, Va. (July 3, 2024) — Twenty-two Richmond-area small and diverse business leaders are positioned to take their firms to new heights following their successful completion of Clark Construction Group's Strategic Partnership Program (SPP).

ATLANTA (June 27, 2024) — Document Crunch, an artificial intelligence (AI) contract intelligence and compliance platform for the construction industry, announced that it has been named the winner of “Best Overall Large Language Model (LLM)” in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a market intelligence organization that recognizes the top companies, technologies and products in the globa

WASHINGTON (July 2, 2024) — The construction industry had 339,000 job openings on the last day of May, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 2,000 last month but are down by 38,000 from the same time last year.