Tag: commercial building

April 15, 2021

The administration pulled the grades from the American Society of Civil Engineers’ infrastructure report card, according to U.S. News and World Report. The ASCE gave the country as a whole a C-minus grade — an improvement over its previous score […]

April 12, 2021

Today, the White House released state-by-state fact sheets that highlight the needs in every state across the country for the investments proposed by President Biden in the American Jobs Plan. The fact sheets highlight 12 key areas to be addressed […]

April 9, 2021

The Blue Book Network Velocity Index ticked up 0.5% to 100.9 in February from a revised 100.5 in January (December 2018 = 100). This the most stable the Index has been since before the pandemic began. The Blue Book Network […]

March 24, 2021

Earlier this month, the American Society of Civil Engineers designated 13 new projects as Infrastructure Gamechangers — groundbreaking projects and programs that represent the latest innovations in transportation, water and energy infrastructure. Located across the country, these projects make use […]

March 24, 2021

U.S. hospitals, according to the American Hospital Association, lost $323 billion in 2020 revenue, primarily due to the elective and non-emergency procedures that were canceled last year so that COVID-19 patients could be given priority. The association estimates that 2021 […]

February 26, 2021

On the call, Larkin explained the company’s internal investigation uncovered issues related to the timely recording of forecasted costs in its heavy civil group. Since taking over leadership last fall, he said he’s headed a “cultural reinvigoration” to emphasize clear-cut […]

February 19, 2021

Plaza Construction, a New York City-based construction management firm that has mostly focused on commercial construction in recent years, has re-launched its luxury Plaza Homes division to meet surging demand in the sector as other nonresidential contractors pile into the […]

February 16, 2021

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]

February 12, 2021

A standard ESOP will see existing stockholders sell all or some portion of their shares to the program for allocation to employees. Qualifying employees are allocated shares according to their part of total payroll. The vesting period (the time an […]

February 3, 2021

Nexii recently released plans for its first U.S. production facility, located in Hazleton, Pennsylvania. Once fully operational this spring, the plant will be able to produce more than 8 million square feet of building panels a year for projects in […]