Construction Input Prices Remain Flat in October, ABC Says

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WASHINGTON, D.C. — Construction input prices remained unchanged in October and are just 0.5 percent above where they were a year ago, according to analysis of the U.S. Bureau of Labor Statistics Producer Price Index released by Associated Builders and Contractors. Despite the modest increase in the aggregate input price level, the most recent report represents the largest year-over-year price increase since November 2014. Generally, construction input prices, particularly natural gas and crude petroleum, have headed lower since the summer of 2014. However, that pattern of falling prices no longer holds. Crude petroleum prices were up 10.5 percent on a … Read more

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Q&A with Todd Sachse, CEO and Founder of Sachse Construction

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A Chat with Todd Sachse, CEO and Founder of Sachse Construction Relationship building and teamwork drives success By Chris Maday Schmidt A construction industry veteran with more than 30 years of experience, Todd Sachse has led Sachse Construction through the completion of millions of square feet of commercial, institutional, multi-family and industrial projects throughout North America since he started his company in 1991. He and his business partner also own and operate six other companies. Join Construction Superintendent as Sachse discusses his journey from superintendent to company owner, and what he believes the No. 1 quality an aspiring superintendent should possess. … Read more

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Study Gives Insight Into Most Stolen, Recovered Construction Equipment

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CANTON, Mass., and IRVINE, Calif. – LoJack’s “2015 Construction Equipment Theft Recovery Report” and infographic highlights the ongoing problem of thieves targeting construction businesses for their high value equipment. The report identifies equipment categories and classes, manufacturers and geographies where theft is most likely to occur. Heavy equipment is the most vital asset of construction businesses. Contractors and rental fleet owners not only lose valuable assets, but also lose efficiency and miss schedule deadlines when equipment is stolen. The cost of equipment theft can be devastating to the national economy generally, as well as to the profitability of small and … Read more

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DBIA Announces 2016 Design-Build Project of the Year, National Award of Excellence Winners

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LAS VEGAS, Nev. – The Design-Build Institute of America recently announced the 2016 Project of the Year and National Award of Excellence. The Claude “Bud” Lewis Carlsbad Desalination Plant was recognized as the 2016 Design-Build Project of the Year. The Gateway Plaza office building, the SR-520 Evergreen Point Floating Bridge and Landings Design-Build Project, Champion Petfoods Kentucky DogStar Kitchens and the Spokane Central Service Center were also recognized for excellence. “This year’s Design-Build Project/Team Award winners are the best we’ve had. Our jury was particularly impressed that as we advance awareness of Design-Build Done Right, Design-Build is producing exceptional outcomes … Read more

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Hunt-Sundt Joint Venture Completes Phase II of Stadium Renovation

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TEMPE, Ariz. – Hunt-Sundt, a joint venture of Hunt Construction Group and Sundt Construction, Inc., has completed the 490,000-square-foot Phase II renovation of Arizona State University’s Sun Devil Stadium in Tempe, Arizona. The $162-million contract included the complete reconstruction of the lower stadium bowl, new stadium seating with chair backs and cup holders, new concessions, upgraded restrooms and amenities, along with new luxury suites on the east and west sides of the stadium. A new, 360 degree concourse was raised to 20 feet to increase airflow and circulation. Last year, Hunt-Sundt completed Phase I, which involved infrastructure work and rebuilding … Read more

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