Construction Employers Add 228K Jobs Throughout Year, Industry Unemployment Rate Lowest Ever for Month

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Construction employment increased by 228,000 jobs over the past year despite a weather-related dip last month, and the industry’s unemployment rate fell to 7.4 percent, the lowest yet for March, according to an analysis of new government data by the Associated General Contractors of America. Association officials called for revitalizing and adequately funding career and technical education and training programs to ensure that employment in the high-paying industry would continue to grow. “Construction employment indicators are still signaling strong demand on an annual basis, even though unusually bad weather in several regions probably depressed hiring in March,” said Ken Simonson, … Read more

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TEXO Honors TDIndustries with Distinguished Building Award

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DALLAS, Texas – TEXO recently announced their 2018 Distinguished Building Award recipients. TDIndustries was acknowledged for its work on the Texas Health Resources Recovery and Wellness Center. TEXO honored the mechanical contractor for the Mechanical 1 category, which represents projects less than $5 million. With the accolade in hand, TD’s project advances to state and national competitions. The list includes a total of 30 categories. The Beck Group, which partnered with TD on the health center, also earned an award for the project in the Design-Build 3 (over $30 million) category. The TEXO awards “embody the skill, commitment, and passion … Read more

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Construction Begins on Ally Charlotte Center

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General contractor Brasfield & Gorrie is beginning construction on one of Charlotte, North Carolina’s most anticipated mixed-use projects, Ally Charlotte Center. Developed by Crescent Communities, this uptown property will house Ally Financial as its anchor tenant. Crews have mobilized on the project to construct a 26-story, 742,000-square-foot office tower, as well as an eight-story parking deck. Future plans for the 3.54-acre property include retail space, a large public plaza and a hotel to be constructed and owned by White Lodging. Brasfield & Gorrie is teaming up with Little Diversified Architectural Consulting as the architect-of-record on this project, which is set … Read more

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Dodge Momentum Index Climbs in March

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NEW YORK, N.Y. – The Dodge Momentum Index moved 6.1 percent higher in March, rising to 155.0 (2000=100) from the revised February reading of 146.0. The momentum index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. March’s gain was the result of a 9.6 percent increase in the commercial component – more than erasing the 5.1 percent decline it had seen the previous month. The gain in the institutional sector meanwhile was milder, moving 1.6 percent higher, … Read more

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ABC, BCSP Ink Deal to Promote Construction Safety

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Associated Builders and Contractors and the Board of Certified Safety Professionals signed a memorandum of understanding to collaborate on improving occupational safety and health at construction workplaces throughout the United States. The partnership is centered on developing effective prevention strategies and technologies, as well as encouraging students and other professionals to choose occupational safety and health as a career and advance their competency in that field. “ABC is committed to an incident- and accident-free workplace, which we advance through research on best practices, education and benchmarking tools—our Safety Training Evaluation Process,” said Greg Sizemore, ABC vice president of HSE & … Read more

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