ALACHUA, Fla. — Due to rising demand, particularly from the oil and gas sector, the construction industry is expected to face a shortage of as many as 2 million skilled craft professionals by 2017. According to the Construction Labor Market Analyzer's recently released 20/20 Foresight Report entitled “Skilled Worker Shortages Emerge: United States Energy Boom Increases Demand,” the industry's already insufficient pool of experienced labor will be further diminished over the next decade, with an estimated one-sixth of the current construction workforce expected to retire. Focusing specifically on the Southeastern United States, this detailed labor market report provides macro-economic perspective … Read more

NEW YORK, N.Y. — Turner Construction Company announced that the Second Quarter 2013 Turner Building Cost Index — which measures costs in the non-residential building construction market in the United States — has increased to a value of 859. This reflects a 1.18 percent increase from the First Quarter 2013 and 4 percent yearly increase from the Second Quarter 2012. “Larger urban markets appear to be expanding more rapidly than other regions. Contributing to the increase in construction costs is the limited capacity among those trade contractors with the available resources to manage and work on large, complex projects,” said … Read more

BREMEN, Ga. — R. K. Redding Construction of Bremen, Ga., has received two awards from AGC Georgia, the statewide chapter of The Associated General Contractors of America, Inc. at its “Build Georgia” award ceremony in Hilton Head Island, S.C. The firm’s work on the Trinka Davis Veterans Village was recognized with a First Place Award in the construction division and a Merit Award for best sustainable practices. “The Trinka Davis project was an exciting and humbling one for RKR, since we knew this facility would serve as a home to many military veterans in the area,” said Randall Redding, president/CEO … Read more