FMI Releases Q1-2014 Construction Outlook Report

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RALEIGH, N.C. — FMI recently released its Q1-2014 Construction Outlook. The forecast continues to show optimistic growth. As a whole, construction-put-in-place is predicted for an 8 percent increase for 2014, with continued growth over the next few years. Select market predictions include : Commercial — Investors are beginning to help lift commercial construction out of a slump by taking more risks. The industry is expected to grow another 7 percent in 2014 to $52.6 billion — the highest mark since 2008. Healthcare — Construction will grow 2 percent in 2014, however a jump to 6 percent is predicted in 2015 as … Read more

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Equipment Finance Confidence is at Two-Year High for Second Consecutive Month

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WASHINGTON, D.C. — The Equipment Leasing & Finance Foundation released the April 2014 Monthly Confidence Index for the Equipment Finance Industry. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $827-billion equipment finance sector. Overall, confidence in the equipment finance market is 65.1, remaining at the highest index level in two years for the second consecutive month.   When asked about the outlook for the future, MCI survey respondent Thomas Jaschik, president, BB&T Equipment Finance, said, “The first quarter of … Read more

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Danny Lehman Joins Skanska as Superintendent

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With its continued growth in Nashville and the Middle Tennessee region, Skanska has hired Danny Lehman as a superintendent. “As our work in Middle Tennessee continues to increase, it is important for Skanska to have the right personnel in place to best serve our clients,” said Skanska Co-Chief Operating Officer Joey Hatch. Lehman is overseeing field operations for the $51-million Williamson Medical Center expansion and renovation. He has 18 years of industry experience and has been involved with many construction projects in Nashville, including the Vanderbilt University Medical Center’s Critical Care Tower and the Centennial Medical Center Cardiology expansion.

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Pratt Institute, Turner Construction Company Establish Partnership to Grow Talent Pipeline

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Pratt Institute is partnering with Turner Construction Company to increase the number of students pursuing a degree in construction management. The aim of the Pratt/Turner partnership is to address the shortage of graduates possessing both the rigorous technical foundations and the broader preparation in analysis, planning and management essential to this rapidly changing field and industry. The Pratt/Turner partnership has awarded scholarships — equal to 50 percent of a year's tuition — to six New York City high school students: three from Brooklyn Tech and three from Urban Assembly School of Construction and Design. The students, selected after a competition … Read more

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Stevens Construction Expands Fort Myers Team

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FORT MYERS, Fla. — Stevens Construction has expanded its Fort Myers, Fla. team with the addition of superintendents Mark Jackson, Jim Ruby and Will Houser. Jackson joins the company with more than 30 years of construction experience with a specialty in concrete and tilt wall construction. Prior to joining Stevens Construction, Jackson served as superintendent for a large commercial contractor where he completed more than 170,000 square feet of healthcare construction, including numerous projects for Sarasota Memorial Hospital, Radiology Regional Centers and 21st Century Oncology. At Stevens Construction, Jackson is the superintendent for Landmark Hospital, an 86,676-square-foot, 50-bed, long-term, acute … Read more

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