Equipment Leasing and Finance Industry Confidence Remains Steady in July

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WASHINGTON, D.C. — The Equipment Leasing & Finance Foundation releases the July 2014 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 $827-billion equipment finance sector. Overall, confidence in the equipment finance market is 61.4, unchanged from the June MCI-EFI.   When asked about the outlook for the future, MCI-EFI survey respondent Adam D. Warner, president, key equipment finance and chairman of the Equipment Leasing and Finance Association, said, “I don’t believe … Read more

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Momentum Increasing for Architecture Billings Index

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WASHINGTON, D.C. — The Architecture Billings Index is signaling improving conditions for the overall design and construction industry. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The American Institute of Architects reported the June ABI score was 53.5, up from a mark of 52.6 in May. This score reflects an increase in design activity (any score above 50 indicates an increase in billings). The new projects inquiry index was 66.4, up noticeably from the reading of 63.2 the previous month and its highest level … Read more

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Strong Man Wraps Itself In a New Name

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POMPTON PLAINS, N.J. — Strong Man, supplier of debris netting and weather enclosure products, is taking on a new name. Established in 1974 as Strong Man Building Products Corporation, the family owned company is celebrating 40 successful years in the industry with a name change that reflects the core of their business. Effective July 27, Strong Man Building Products will now be known as Strong Man Safety Products. “It's a seemingly small change,” notes Strong Man Founder Jay Kinder. “But the fact is, we"re not just in the debris netting business. We"re in the business of selling safety. That's true … Read more

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Benefits of Prefabrication Proven in New Study

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Construction of the new $623-million, 831,000-square-foot Saint Joseph Hospital in Denver, Colorado is scheduled to be completed this month—nearly 2.5 months earlier than normal—thanks in part to the construction technology of prefabrication. The practice and growing trend of designing and assembling components of a building off-site prior to delivery and installation was a key driver in meeting the regulatory need of having the new hospital open and operational by December 2014. Mortenson now has released a new study on the project that proves how this evolution of construction can pay big dividends to customers today. Prefabrication: Benefits & Drivers for … Read more

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NoteVault, CMiC Integration Simplifies Construction Reporting

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SAN DIEGO, Calif. — NoteVault, a provider of voice-to-text-based mobile reporting solutions for the commercial construction industry, recently announced its integration with CMiC, a full ERP software solutions provider for the construction industry. The integration between the two systems provides greater transparency and visibility for executives into the day-to-day project reporting and saves hours of administration time for project managers and superintendents. “Having access to the daily reports through the CMiC portal is a huge advantage,” said NoteVault CEO Peter Lasensky. “It allows construction companies to keep all their information and daily reports in one place. That's where the record … Read more

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