Strong Man Adds New Colors, Sizes to Debris Netting Lineup

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Strong Man Safety Products offers new sizes and colors for two of its most popular products, the SBN-22 Safety Debris Netting and the SBN-324 Debris Netting. Strong Man’s classic SBN-22 Safety Debris Netting is available in green fire-retardant in 4-foot by 150-foot sizing and both orange fire-retardant and blue fire-retardant in 12-foot by 150-foot sizing. The 12-foot-wide SBN-22 allows for floor-to-ceiling protection without any gaps, keeping construction crews safer than ever. Two new colors of SBN-324 Debris Netting are also available in various sizes including blue fire-retardant in 4-foot by 150-foot, 8-foot 6-inch by 150-foot and 10-foot by 150-foot, and … Read more

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ABC’s Construction Backlog Indicator Rebounds in 2017

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WASHINGTON, D.C. –The most recent Construction Backlog Indicator from the Associated Builders and Contractors rose to 9 months during the first quarter of 2017, up 8.1 percent from the fourth quarter of 2016. CBI is up by .4 months, or 4 percent, on a year-over-year basis. Highlights by Region Surging financial markets helped support activity in financial centers like New York, Philadelphia and Boston. Expanding cyber-security and life sciences activity supported markets as geographically diverse as Washington, D.C./Baltimore, Maryland; Austin, Texas; Silicon Valley, California and Seattle, Washington. Though backlog is slightly lower in the South on a year-over-year basis, it … Read more

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Construction Input Prices Flat, Crude Petroleum Prices Plummet, ABC Says

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WASHINGTON, D.C. — Construction input prices remained unchanged in May, ending five consecutive months of price expansion, according to analysis of  Bureau of Labor Statistics data released by Associated Builders and Contractors. Construction input prices expanded 3.4 percent on a year-over-year basis. Nonresidential construction input prices also remained unchanged on a monthly basis but increased by 3.1 percent on a yearly basis. Only crude petroleum prices experienced a significant month-over-month change in May, with prices falling 19.6 percent from April’s level. Natural gas prices remain significantly higher—up 66 percent—from the same time one year ago. “Since March 2016, construction input … Read more

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Dodge Momentum Index Resumes Growth in May

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NEW YORK, N.Y. – Following a dip in April, the Dodge Momentum Index advanced 4 percent in May to 139.1 (2000=100) from its revised April reading of 133.7. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. In May, the commercial component of the momentum index increased 4.8 percent to an eight-and-a-half year high, which suggests that construction activity for commercial buildings will continue to rise over the next year, even with signs of decelerating … Read more

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Ground to be Broken on $68M Chappaqua Crossing

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QUINCY, Mass. – In one of the largest ground-up development projects in its 40-year commercial real estate history, The Grossman Companies, Inc. has partnered with Summit Development to develop a high-end 120,000-square-foot, $68-million retail development on 19 acres at 480 Bedford Road, part of the long-time, former Readers Digest world headquarters located in Quincy, Massachusetts. The entire site consists of 114 acres. Chappaqua Crossing will be ready for its anchor tenants, Whole Foods and Life Time Fitness, each 40,000 square feet, in mid- 2018. Other tenants that have already signed leases include Pet Valu, Chase Bank, AT&T and Go Health … Read more

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