Third Quarter Nonresidential Fixed Investment in Structures Rises 12.3%

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Fixed investment in nonresidential structures and intellectual property grew 12.3 percent and 2.2 percent, respectively, in the third quarter, according to the U.S. Commerce Department's Nov. 7 report on gross domestic product. However, the growth was tempered by a 3.3 percent decline in fixed investment in nonresidential equipment. “Today's GDP release represents the last piece of information regarding U.S. output and nonresidential fixed investment that is untouched by the federal government shutdown in October and the most recent debt ceiling debate,” said Associated Builders and Contractors Chief Economist Anirban Basu. “Of course, September economic activity could have been impacted by … Read more

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Skanska Tops Out GRU Education Commons Building

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AUGUSTA, Ga. — Skanska USA and Georgia Regents University recently celebrated a construction milestone at a “topping out” ceremony for the J. Harold Harrison, M.D. Education Commons building. The “topping out” ceremony marks the safe and successful end of vertical construction of the building. Skanska erected the last steel beam into place during the event. In attendance were GRU President Ricardo Azziz and Susan Barcus, GRU senior vice president of advancement. The three-story, 172,000-square-foot building will house two 300-seat auditoriums, a 26,620-square-foot simulation laboratory, 13 learning communities, classrooms and Medical College of Georgia administrative offices. “This has been an exciting … Read more

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Mortenson Construction Publishes Second Children’s Book About Renewable Energy

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As the interest and demand for solar energy continues to increase at record levels, Minneapolis, Minn.-based Mortenson Construction announces the release of its new children's book entitled, “Catch the Sun,” designed to educate future generations about the importance of solar energy. “Catch the Sun” is the second book in the Mortenson “Discover Renewables” series. The first book in the series, “Catch the Wind,” which was launched in 2008, was developed to teach readers about wind energy and the importance of making environmentally responsible choices. The book reached thousands of students in classrooms across North America. Targeted to reading levels for … Read more

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Tilt-Up Concrete Association Announces Winners of 23rd Annual Achievement Awards

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MT. VERNON, Iowa — The Tilt-Up Concrete Association has announced the recipients of the 23rd Annual Tilt-Up Achievement Awards. The achievement awards program was established by TCA to honor projects that represent an increasing diversity of building types constructed with site-cast tilt-up concrete, as well as those that advance industry technology, apply innovative form and provide unique solutions to building programs. As in previous years, entry submissions were judged on aesthetic expression, schedule, size, originality, finishes and special conditions. Ultimately, the competition is designed to raise awareness not only of the effectiveness and maturity of the market, but also the … Read more

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AEM Elects 2014 Officers, New Directors

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The Association of Equipment Manufacturers announced its newly-elected 2014 officers, as well as directors elected at its recent annual meeting.  AEM officers for 2014 are: Chair Richard Patek, group president aggregate and mining, Astec Industries Inc. Vice Chair Robert Kolb, vice president global business development, GEA Farm Technologies Inc. Treasurer Michael Haberman, president, Gradall Industries Inc. AG Chair Leif Magnusson, president, CLAAS of America and regional director Americas, CLAAS CE Chair John Patterson, chairman and CEO, JCB Inc. Secretary Dennis Slater, full-time president, AEM AEM officers and directors work on behalf of all AEM member companies to provide strategic direction … Read more

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