Market Report Reveals $97B in Additional Material, Labor Costs for Subcontractors in 2022

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Billd has released its third-annual construction industry market report, the 2023 National Subcontractor Market Report: $97 Billion in Extra Weight on the Shoulders of America’s Subcontractors. Billd surveyed nearly 900 commercial construction professionals across the country, largely consisting of business owners and executives. The report indicates that subcontractors continued to bear the brunt of rising input costs for materials and labor in 2022 to the tune of $97 billion in unplanned expenses. Rising material costs and price volatility are not new issues for subcontractors, with 81% of those surveyed reporting a negative effect on their businesses in 2022; 80% expect that trend to continue. It is … Read more

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Robins & Morton Completes Facilities Leased to Northrop Grumman

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Robins & Morton and Corporate Office Properties Trust completed two build-to-suit facilities and a parking deck in Huntsville, Alabama, which have been leased by Northrop Grumman. The project team also included Powers Brown Architecture.   The two Class A tilt-wall buildings total approximately 260,000 square feet and each stand five stories tall.   Sitework and construction began in February 2021. The campus features executive office space, program management and engineering design space, a 15,000-square-foot hardware-in-the-loop integration lab, a 16,000-square-foot data center, a 350-person auditorium to facilitate classified program meetings and a 144,000-square-foot parking deck with nearly 400 spaces.   During … Read more

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FMI Consulting Report Projects Continued Design-Build Growth

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A report from FMI Consulting forecasts continued growth of design-build over the next three years, despite recent industry challenges and market volatility. FMI’s findings indicate that design-build is anticipated to account for 47% of construction spending and a 22.5% growth in total design-build spending by 2026. Building on FMI’s 2021 report on design-build utilization, the survey reexamined the industry following the challenges of the past three years, including the COVID-19 pandemic, labor shortages and supply chain issues. The flexibility and collaboration inherent in design-build uniquely position the project delivery method to resist stagnation, and respondents overwhelmingly indicated that design-build project … Read more

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AEM Hall of Fame Invites Nominations for 2023 Halls of Fame Ceremony

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The Association of Equipment Manufacturers’ Hall of Fame celebrates the people who create the equipment and technologies that build, feed and power the world. While creating the equipment and technologies that have changed the world, many of the inductees have created a positive, inclusive and thoughtful environment for the people around them to make it possible, and AEM is seeking nominations for the 2023 induction ceremony. The inductee in 2022, Sherman Ward “Bud” Bushnell, founder of Genie, was particularly recognized for the way he treated his people and built his teams, in addition to his products. In 2021, Trimble Senior Vice President … Read more

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Azure Printed Homes to Deliver 26 Affordable Homes to California

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Azure Printed Homes alongside Laconic WPC LLC have been selected to build 26 affordable 3D printed homes in Twentynine Palms, California. The community, called Veterans Village, will provide housing for veterans in need in the local community and will consist of 2-bedroom homes that are 900 square feet. Azure Printed Homes is a company that uses 3D printing technology to construct modular homes quickly and efficiently. The use of 3D printing technology will significantly reduce construction time and costs, making it possible to provide affordable housing for veterans in need. The homes will feature modern design and innovative construction techniques, … Read more

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