ABC: Monthly Construction Input Prices Increased 1.5%

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Construction input prices rose 1.5% in August compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released. Nonresidential construction input prices also increased 1.5% for the month, but are up just 0.2% from a year ago. Rising energy prices drove overall price increases in August. Crude petroleum prices were up 8.9% and unprocessed energy materials prices rose 5.4% last month.

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North Branch Capital Invests in STARC Systems

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STARC Systems, a manufacturer of reusable temporary modular wall containment solutions for occupied renovations, has been purchased by Illinois-based private equity firm, North Branch Capital. The acquisition marks a significant investment to continue fueling STARC’s innovation and market expansion serving contractors and facility managers across multiple industries. “We invest in middle market industrial businesses with strong growth prospects and leadership teams,” said Brian Gleason, Operating Partner at North Branch Capital. “STARC is well-positioned to continue its growth in this emerging category. Since its founding, the organization has developed a keen focus on innovation, providing an excellent value proposition to its … Read more

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ASCC Launches Sustainability Hotline

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The American Society of Concrete Contractors has established a telephone hotline and an email address for the sole purpose of receiving and answering questions about concrete construction as it relates to the industry’s sustainability initiative. Both are for members only. Jim Klinger, ASCC concrete construction specialist, answers both, with input from other ASCC technical staff and consultants. The dedicated hotline and email are the efforts of ASCC’s Sustainability Committee, co-chaired by Bruce Suprenant, Ph.D., P.E., FACI, and Bev Garnant, HACI. Members include representatives from PCA, NRMCA, ACI and CRSI, as well as concrete contractors, producers, cement manufacturers, consultants, general contractors … Read more

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Skanska Breaks Ground on Mass Timber Building in Cincinnati

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Skanska and Cincinnati Public Radio broke ground on the Cincinnati Public Radio Headquarters in Ohio. Once complete, the new HQ will be the first two-story mass timber building in the Midwest and the first of its kind in Cincinnati. The $32-million, 35,000-square-foot building will feature two on-air studios, two interview studios, one performance studio, 11,000 square feet of office space and a public gathering area. The building is set to open Winter of 2024. The new CPR HQ will serve as a beacon of innovation, housing technologies and sustainable construction methods, with a focus on the utilization of cross laminated timber. The entire … Read more

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The Digital Transformation of the Construction Jobsite

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The equipment used on jobsites has evolved to meet the ever-changing needs of construction professionals, and the industry must find ways to adopt these new technologies in order to be successful. In recent years, there has been talk of an oncoming digital transformation coming to the jobsite – and while there are some components of this transformation that have yet to be realized, in many ways the industry’s digital transformation has already begun. During his CONEXPO-CON/AGG 2023 educational session, “Digital Transformation of the Job Site,” Jason Anetsberger of AEM member company Komatsu spoke on the technology that is available, as well as … Read more

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