Tag: Manufacturing

February 23, 2024

Despite this year’s initial sluggishness, Branch said expected interest rate cuts in the second half of 2024 should push some of these projects in the planning queue through to break ground, leading to a rising trend in construction activity as […]

November 27, 2023

All robots, as well as the paint shop and other equipment in automaker Rivian’s Normal, Ill., production facility were designed by its in-house team, which also did design of parts for its R1S and R1T electric vehicles. The Biden administration’s […]

November 14, 2023

The push to bring manufacturing back to the United States is unlike anything Didi Caldwell has seen in her career. Private companies have spent more than half a trillion dollars since 2021 to onshore facilities back to the U.S., according […]

October 19, 2023

While the construction starts report measures projects that have broken ground, the American Institute of Architects’ Architecture Billings Index tracks building design work for jobs to come. That index, which leads actual construction by nine to 12 months, posted its […]

October 2, 2023

Spending levels remained mostly positive among large nonresidential segments, according to the Associated General Contractors of America construction spending report. Manufacturing-related spending continues to lead the way, posting a 1.2% uptick in August, according to the report. Spending on power, […]

September 1, 2023

It’s been a busy year for manufacturers in the U.S. In the 12 months since the passage of the Inflation Reduction Act, companies have hurriedly launched a variety of manufacturing plans in pursuit of the law’s lucrative tax credits for […]

June 28, 2023

The U.S. now is the most expensive country for construction, says the latest global cost analysis by U.K. professional services consultant Turner & Townsend, with six cities among the list’s top 10—dislodging London and Hong Kong for the first time. […]

May 18, 2023

The dip follows Branch’s warning last month that starts were “likely to erode” from their previous highs, and in many cases, that is beginning to play out on a monthly basis. The mixed monthly bag across different sectors in April […]

January 23, 2023

U.S. contractors have a lot on their minds as they look to the year ahead. Snarled supply chains and rising inflation could bring higher costs and lower profits in 2023. Workforce shortages, which make projects take longer and cost more, […]

November 16, 2022

Managers and supervisors in the construction and manufacturing industries need to protect their employees from various work-related hazards, including the presence of silica dust. These particles can spread through the air when drilling, cutting, grinding, or sanding certain types of […]

October 11, 2022

Backlog in heavy industrial increased sizably in September, spurred by a 21.5% year-over-year increase in manufacturing-related construction spending. The booking of new projects, plus an even more optimistic outlook on profits and hiring, defies predictions of a recession taking the […]

July 12, 2022

Though the slight increase wasn’t dramatic, Dodge chief economist Richard Branch said it’s another data point that shows a sign of strength in the construction industry. A total of 27 projects with a value of $100 million or more entered […]

July 11, 2022

In the building industry, convergence is a blurring of lines between technology, process and sectors such as architecture, manufacturing and entertainment. The goal? Finding better ways to design, build and make space. “Architects and builders are looking to manufacturing to […]

April 13, 2022

Daechang Seat Co. is planning to construct a new metal automotive seat frames manufacturing plant on a 22-acre site at the Phenix Industrial Park in Phenix City. The project scope includes construction of a 200,000-sq-ft building; installation of stamping presses […]

April 12, 2022

The construction industry has experienced severe changes in recent decades. Historically, it counted on abundant labor and a false notion that natural resources were infinite, but nowadays the sector has struggled to find innovations that will allow it to become […]

May 3, 2021

The Charlotte, North Carolina-based company leverages offsite manufacturing and lightweight steel construction to help developers and general contractors create multifamily and hospitality projects more quickly and with less expense, according to the firm. All of its components are made from […]

January 26, 2021

Manufacturing and labor groups including the AFL-CIO applauded the order, which tightens policies already in place. “The Trump administration used the right words but never put in place policies to affect meaningful change,” Richard Trumka, president of the AFL-CIO, said […]

April 22, 2020

While digital twins have been used for years in manufacturing and aviation, adoption is slowly making its way to construction. These virtual models collect real-world information about a structure via sensors, drones and other wireless technology. The “twin” continuously learns […]

March 6, 2020

Amid coronavirus fears, global manufacturing and service sectors experienced the steepest fall since 2009, according to the February edition of IHS Markit Manufacturing Purchasing Managers’ Index, released in early March. China’s economy has seen the largest fall, with South Korea, […]

July 26, 2019

The steel and aluminum tariffs imposed in 2018 had a significant effect on Caterpillar, with Bonfield last year citing material costs up 2% due to higher steel prices, but the effects appear to be stabilizing now. “It’s now been a […]