Concrete Industry Management Program Shatters Previous Records by Raising $2.1M at 2023 Auction

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The National Steering Committee for the Concrete Industry Management program – a business intensive program that awards students with a four-year Bachelor of Science degree in Concrete Industry Management – has raised more than $2.1 million in gross revenue at its annual auction, held in conjunction with the World of Concrete on Jan. 18. In addition to the live auction, a silent auction was also held. This year CIM had record proceeds from the silent auction. Live and silent auction items included cement, fly ash, aggregate, concrete saws, drills, safety equipment, training sessions, reference books and software subscriptions, laptop computers, … Read more

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Total Construction Starts Increase in December

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Total construction starts jumped 27% in December to a seasonally adjusted annual rate of $1.185 trillion, according to Dodge Construction Network. During the month, nonresidential building starts increased 51%, nonbuilding starts increased 30% and residential starts rose less than 1%. Across 2022, total construction starts were 15% higher than in 2021. Nonresidential building starts rose 38% over the year, nonbuilding starts were up 19% and residential starts were down 3%. Nonbuilding construction starts rose 30% in December to a seasonally adjusted annual rate of $281.4 billion. The utility/gas category was the main driver of the growth due to the start of a transmission … Read more

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McShane Construction Company to Build 192 Apartment Units in Georgia

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McShane Construction Company was selected by Penler to provide design-assist construction services for Penler Cherokee. Located in Acworth, Georgia, the multi-family community will offer 192 units. Positioned on an 18.3-acre site, the development will incorporate eight two-story garden-style buildings. The wood frame buildings will integrate an exterior of painted brick veneer, stone veneer and fiber cement siding. The units will feature high-end finishes and features including quartz countertops and tile backsplashes in the kitchen, tile bath surrounds in the bathrooms and balconies. The property will provide 5,300 square feet of amenity space that will include a clubhouse with a clubroom, … Read more

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PMSJ Releases Quarterly Market Forecast

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PSMJ’s latest Quarterly Market Forecast survey of 115 A/E/C executives (collected between Dec. 28 and Jan. 10) revealed an overall proposal activity Net Plus/Minus Index value of just 8. Any NPMI value above zero indicates that more respondents are seeing an increase in proposal activity compared to the prior quarter (+100 indicates all respondents are seeing an increase in proposal activity, -100 indicates all respondents are seeing a decrease in proposal activity). Since proposal activity is a leading indicator for backlog, revenue, and — ultimately — cash flow, the latest NPMI values provide a valuable glimpse into cash flow over … Read more

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National Ladder Safety Month: The Perfect Time to ‘Step Up’ Employee Training

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According to the U.S. Bureau of Labor Statistics, ladder deaths accounted for 161 on-the-job fatalities in 2020, the most recent year for which statistics are available. That same year, there were 22,710 ladder-related workplace injuries, an injury stat that has remained relatively constant over the previous several years. March is National Ladder Safety Month, spearheaded by the American Ladder Institute. This, its seventh year, will focus on four key themes: Week One – Choosing Your Ladder Week Two – Safety Before the First Step (Inspection and Set Up) Week Three – Safety While Climbing Week Four – Safety at the … Read more

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