Equipment Leasing, Finance Industry Confidence Reaches Three-Year High

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WASHINGTON, D.C. — The Equipment Leasing & Finance Foundation recently released the January 2015 Monthly Confidence Index for the Equipment Finance Industry. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $903-billion equipment finance sector. Overall, confidence in the equipment finance market is 66.1, an increase from the December index of 63.4 and the highest level in the last three years.   When asked about the outlook for the future, MCI-EFI survey respondent Thomas Jaschik, president, BB&T Equipment Finance, said, … Read more

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Gilbane’s Report Finds Multi-Sector Gains in 2015 Growth & Profits

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PROVIDENCE, R.I. — Gilbane Building Company recently announced the findings from its in-house quarterly economics report: Building for the Future – Construction Economics: Market Conditions in Construction. Among its most notable findings, the report indicates 2014 construction spending will finish the year 5.4 percent higher than 2013, noting all sectors have contributed to growth. Further, most major nonresidential markets, including education, healthcare, commercial retail, office and manufacturing, along with residential construction will all realize much-needed spending increases in 2015. Still, favorable growth conditions in the coming year will be met with an ongoing shortage of available skilled workers, driving up … Read more

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Most Construction Firms Expect Growth this Year, Says AGC

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Eighty percent of construction firms plan to expand their payrolls in 2015 while only 7 percent expect to reduce headcounts according to survey results released by the Associated General Contractors of America. The survey, conducted as part of Ready to Hire Again: The 2015 Construction Industry Hiring and Business Outlook, indicates that most contractors are optimistic about the year ahead and ready to expand, but will have to cope with challenges including worker shortages and regulatory burdens. “Contractors are extremely optimistic about the outlook for 2015,” said Stephen E. Sandherr, the association’s CEO. “Indeed, if their predictions prove true, industry … Read more

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Two Weitz Projects Receive Honors at 2014 Build Florida Awards

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The Florida East Coast Chapter of the Associated General Contractors of America has recognized The Weitz Company for excellence in construction for two prominent projects: a private-jet terminal at Palm Beach International Airport and a clubhouse at one of the country's most prestigious golf communities. The awards were announced at the AGC's “Build Florida” awards banquet on Dec. 3 in West Palm Beach, Florida. Weitz won top honors in the Building Construction category for the complete replacement of a 63,500-square-foot clubhouse at the Lost Tree Club in North Palm Beach. The new clubhouse includes dining space, expansive dining terraces overlooking … Read more

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Registration Open for the Turner School of Construction Management

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Turner Construction, in partnership with The Associated General Contractors of America, has opened registration for their 2015 School of Construction Management training course. This nine-week course is offered free of charge to small, minority and women-owned businesses in the Denver, Colorado metro area. This year's program will begin from 6-8 p.m. on Feb. 3, with classes being held every Tuesday evening through March 31, at the Associated General Contractors Denver office at 1114 W. 7th Ave. Courses will be led by various business professionals including Turner staff members and a construction lawyer from Moye White. Topics include green building, project … Read more

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