Construction Industry Round Table Announces Board Elections & New Chairman

MCLEAN, Va. — The Construction Industry Round Table has elected Patricia “Pat” Rodgers, president & CEO of Rodgers Builders, Inc., as chairman of the organization for a term of one year. She succeeds Steven T. Halverson, president & CEO of The Haskell Company, Jacksonville, Florida. Rodgers was elected during CIRT’s Annual Spring Meeting, which also welcomed new directors. Commenting on her election, Rodgers said, “It is truly an honor to work with my fellow CIRT members, who share common goals to meet the needs of the design and construction industry through collaboration and leading edge innovation. Joining our voices together … Read more

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McCarthy Lab Renovation Project includes Unique Equipment for Washington University in St. Louis

St. Louis, Mo. — McCarthy Building Companies, Inc. served as construction manager for a research laboratory fit-out project recently completed at Washington University in St. Louis, Missouri. McCarthy worked with Washington University to finish the interior and install specialized equipment in an existing 15,000-square-foot space in Rudolph Hall on the Danforth Campus. The new space is the home of the Institute of Materials Science & Engineering, established in July 2013 to foster a culture of interdisciplinary materials science research and education at the university. Washington University, with McCarthy’s assistance, installed a new, $3-million, Secondary Ion Mass Spectrometer, one of only … Read more

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New Water Resources Legislation Provides Needed Reforms, Investments

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in response to the release of the final version of the joint House-Senate conference committee's Water Resources Reform & Development Act: “The release of this water resources bill is yet another sign that investing in infrastructure is something members of both parties in both houses of Congress can and do support. Republicans and Democrats alike understand and appreciate the economic wisdom of improving our aging system of inland waterways, harbors, ports, locks and dams. They also clearly support the need to adequately … Read more

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ASLA Announces Commitment to Industry Statement on Resilience

WASHINGTON, D.C. — For the first time, leaders of America’s design and construction industry, along with building owners and operators, have agreed to promote resilience in contemporary planning, building materials, design, construction and operational techniques to help make the nation’s aging infrastructure more safe and secure. CEOs of almost two dozen leading design and construction industry associations, with more than 700,000 members generating almost $1 trillion in GDP, used the occasion of “Building Safety Month” to issue a joint statement on resilience, which can be found here. The statement was unveiled at a press conference at the National Building Museum, … Read more

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Nonresidential Construction Index Continues to Grow

NRCI = 65.8 RALEIGH, N.C. — FMI announces the release of the 2014 Second Quarter Nonresidential Construction Index report. The NRCI shows slight improvement of a 0.9 point increase from Q1 and a 5.7 point increase from Q2 2013. Although growth continues, it is beginning to slow indicating that the economy still holds a lingering recession mentality. The largest repercussion of this mindset is that it keeps companies from investing, banks from lending and consumers from spending. Thus, the pressure to keep prices low continues along with the need for greater profitability, leading to two key challenges: How to improve … Read more

Filed under: Economic News, News