NEW YORK, N.Y. — According to FMI's 2015 Issue 2 M&A Advisor, public engineering and construction firms are underperforming the broader market. Public E&C firms historically have outperformed the broader market during periods of expansion and underperformed during periods of contraction. However, this has not been the case for the E&C industry during the latest bull market. Between June 30, 2010 and June 30, 2015, the S&P 500 outpaced the growth of FMI's contractor index by 61 percent. Over that time, the S&P 500 grew by over 100 percent; whereas, the median share price of the firms in FMI's contractor … Read more

ST. LOUIS, Mo. — The American Society of Concrete Contractors held its 14th annual conference Sept. 24-27 at the Hyatt Regency—Dallas in Texas. Concrete contractors, manufacturers, designers and other industry professionals gathered for educational events and networking. Industry experts and leaders offered concrete seminars on important industry and educational topics. Speakers included Ken Hover, Jen Crisman, Colin Lobo and Crystal Washington. Seminar topics included: Mock ACI Technical Committee Meeting, The Silicate Debate, Profiling for Filling Management Positions and Building and Protecting Your Online Reputation. Four workshops covered Safety Leadership Training, Sales, Improving the Contractor/Producer Relationship and Landing a Solid Workforce. … Read more

ST. LOUIS, Mo. — Dan Baker, CEO, Baker Concrete Construction, received a Lifetime Achievement Award from the American Society of Concrete Contractors, St. Louis, Missouri, on Sept. 24 at the organization's annual conference in Dallas, Texas. The Lifetime Achievement Award is ASCC's highest honor, acknowledging recipients for their body of work within the industry and their service to ASCC. Baker served on the board of ASCC and has made significant donations of people and monies to both the ASCC and its education and research foundation.   He was the first subcontractor to serve as president of the American Concrete Institute … Read more