WASHINGTON (May 3, 2022) — The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Labor Statistics. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.
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IRVING, Texas, SANTA MONICA, Calif. and SCHAUMBURG, Ill. (May 3, 2022) — PrimeSource Brands, a North American provider of specialty branded residential building products backed by Clearlake Capital Group, L.P., announced that it has acquired Axxis, LLC, a provider of fastening tools and collated fasteners. The transaction is PrimeSource’s fourth acquisition during Clearlake’s ownership. Financial terms were not disclosed.
URBANDALE, Iowa (May 2, 2022) — Kerry Koberg, strategic accounts manager for DICA, was named chairman of the Specialized Carriers & Rigging Association’s (SC&RA) Allied Industries Governing Committee. Koberg’s nomination was approved on April 26 during the association’s annual conference in Washington, D.C.
WASHINGTON (April 29, 2022) — Associated Builders and Contractors (ABC) today unveiled its 2022 Safety Performance Report, an annual, comprehensive study of the impact of the STEP Safety Management System and guide to safety best practices on construction jobsites. STEP is a proven system, more than 30 years old, that enables top-performing members to achieve incident rates 645% safer than the U.S. Bureau of Labor Statistics construction industry average.
LAKE MARY, Fla. (April 28, 2022) — FARO Technologies, Inc., a global leader in 4D digital reality solutions, announced it has joined forces with Oracle to help architecture, engineering and construction (AEC) professionals create opportunities to solve their toughest challenges at the new Oracle Industry Lab.
FARMINGTON HILLS, Mich. (April 28, 2022) — The American Concrete Institute (ACI) has opened a second resource center, located in the Chicago metropolitan area, to serve Midwest communities in the concrete industry. This new ACI Resource Center — Chicago/Midwest will help meet the increased demand for ACI knowledge through hands-on training, educational offerings, and on–demand access to ACI Certification Programs.
ORLANDO, Fla. (April 28, 2022) — RedTeam Software, a leading construction management software platform provider, has named Traci VanDalsem vice president of client experience.
WASHINGTON (April 28, 2022) — The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors (ABC) analysis of data released today by the U.S. Bureau of Economic Analysis.
WASHINGTON (April 27, 2022) — The not seasonally adjusted (NSA) national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC).