ELFA Survey Reports Overall New Business 2014 Volume Growth at 6.7%

WASHINGTON, D.C. — New business volume grew 6.7 percent in the equipment finance industry in 2014, according to the 2015 Survey of Equipment Finance Activity released by the Equipment Leasing and Finance Association. The rise in new business volume marked the fifth consecutive year that businesses increased their spending on capital equipment. The SEFA report, now celebrating its 40th year, covers key statistical, financial and operations information for the $903-billion equipment finance industry, based on a comprehensive survey of 100 ELFA member companies. The report includes an expanded executive summary and is available at www.elfaonline.org/SEFA.   ELFA also released a … Read more

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Clark Construction Welcomes Brick-Laying Robot

Last month, Clark Construction’s project team at the Lab School of Washington, in Washington, D.C., welcomed its newest member – SAM, the world’s first commercially available brick-laying robot. Working alongside the project mason, Manning Construction, SAM placed approximately 12,000 bricks along the exterior of the school’s new expansion. SAM, which stands for semi-automated mason, came to the site through a collaboration between Construction Robotics and Clark’s Research and Development Group. The robot excels at laying long, straight runs of brick, and The Lab School of Washington’s north and south elevations provided an ideal workspace. SAM is designed to supplement conventional … Read more

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Construction Unemployment Falls to Lower Level Since August 2001; Job Growth Slows

The number of unemployed workers with construction experience dropped to the lowest total for August since 2001, as hiring slowed despite robust demand for construction, according to an analysis by the Associated General Contractors of America. Association officials cautioned that the hiring slowdown likely has more to do with the lack of available workers in many parts of the country than it does low demand. “The recent slowdown in construction hiring appears to reflect difficulty in finding qualified employees rather than lack of projects needing workers,” said Ken Simonson, the association’s chief economist. “The pool of qualified construction workers will … Read more

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Level 10 Construction Builds New Exhibit at San Diego Zoo

SAN DIEGO, Calif. — Level 10 Construction has completed building a new 16,500-square-foot habitat for Asian Leopards at the San Diego Zoo in California. The exhibit, which opened in June, replaces the leopards" former Cat Canyon home and connects with the existing Panda Trek Exhibit to the north. The Asian Leopard habitat was designed by Architects Mosher Drew. The $2.8-million habitat has four separate exhibit areas with enclosed overhead passageways above the visitor walkways allowing the leopards to climb up high and cross between habitats. Each habitat is in a separate enclosure built of structural steel and enclosed with stainless … Read more

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Dodge Data & Analytics to Present Construction Industry's Economic Forecast

NEW YORK, N.Y. — The 77th annual forum for construction industry leaders, the 2016 Dodge Construction Outlook Executive Conference, will be held Oct. 29-30 at The Ritz-Carlton in Washington, D.C. The event features the release of the 2016 Dodge Construction Outlook, a mainstay in construction industry forecasting and business planning. The 2016 Dodge Construction Outlook Executive Conference is expected to draw more than 300 attendees from building product manufacturing, design and architectural, contracting, engineering and industry association firms. Attendees will receive an overview of industry trends and gain vital information needed to plan for business success in the coming year. … Read more

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