Construction Employment Shows Mixed Geographic Pattern, Reports AGC

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Construction employment showed a mixed pattern geographically in the latest 12 months, increasing in 219 out of 358 metro areas between January 2016 and January 2017, declining in 104 and stagnating in 35, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that firms in many parts of the country are either benefitting from growing demand for construction or having a hard time finding enough qualified workers to keep up with demand, while firms in other parts suffer from declining demand “While construction employment is growing at a healthy … Read more

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Adolfson & Peterson Construction Wins Minnesota Construction Association Award of Excellence

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MINNEAPOLIS, Minn. – Adolfson & Peterson Construction received the Minnesota Construction Association’s Award of Excellence for “New Project Total Value Over $15 Million” for its work on the Minnesota Masonic Heritage Center, completed last year. Each year, MCA hosts the Awards of Excellence Gala to acknowledge and honor construction projects and members that make substantial contributions to the community and association. The gala was held this year on Wednesday, Jan. 25 with nearly 200 construction industry professionals in attendance. During the event, members of Minnesota Masonic Heritage Center’s project team – Mark Liska, AP senior vice president; Patrick Sims, AP … Read more

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Construction Firms Struggle to Keep Pace with Growing Demand, Says AGC

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Thirty-nine states added construction jobs between January 2016 and January 2017 while 38 states and D.C. added construction jobs between December and January, according to a recently released analysis by the Associated General Contractors of America. Association officials said that many firms report they are having a hard time finding enough qualified workers to hire as they work to keep pace with growing demand. “Even as firms continue to find ways to expand their headcount, they are increasingly concerned about the lack of available, qualified workers,” said Ken Simonson, chief economist for the association. “There is only so much firms … Read more

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Construction Spending Slips in January

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Construction spending slipped from December to January but increased modestly from a year ago, as private construction grew solidly but public infrastructure outlays tumbled, according to an analysis by the Associated General Contractors of America. Association officials said the January data indicates the need for new public investments in infrastructure along the lines of the trillion dollar proposal President Trump outlined during his Congressional address last night. “These numbers suggest that demand for residential and private nonresidential structures remain strong but all levels of government are struggling to fund needed projects,” said Ken Simonson, the association’s chief economist. “It appears … Read more

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Lendlease Celebrates the Opening of River Point Tower

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CHICAGO, Ill. – Lendlease recently celebrated the opening of River Point, an ultra-modern office tower located in Chicago’s (Illinois) West Loop. River Point is the first office tower to open in Chicago since 2009. Lendlease served as the general contractor for the 52-story, approximately 1,350,000-gross-square-foot building. River Point features an impressive three-story lobby with views of the 1.5-acre plaza and Chicago riverwalk. The convex curtainwall design with efficient, column-free floor plates and floor-to-ceiling glass window wall allows for outstanding panoramic views of the city. The building’s amenities include an advanced fitness center, formal dining and parking for 150 vehicles. Photo … Read more

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