Strong Surge for Architecture Billings Index

WASHINGTON, D.C. — As the prognosis for the design and construction industry continues to improve, the Architecture Billings Index is reflecting its strongest growth since November 2007.   As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to twelve-month lag time between architecture billings and construction spending.   The American Institute of Architects reported the January ABI score was 54.2, up sharply from a mark of 51.2* in December.   This score reflects a strong increase in demand for design services (any score above 50 indicates an increase in billings).   The new projects inquiry … Read more

Filed under: Economic News, News

IFPE 2014 Issues Call for Abstracts

Industry educators, engineers, researchers and scientists have an ideal opportunity to share their knowledge with peers worldwide during the IFPE 2014 exposition.   IFPE has issued a “call for abstracts” for presentations in its signature education programs. The programs deliver critical information on new power transmission and motion control technologies for engineers and others involved in the design and manufacturing process. Deadline is June 6 to submit abstracts for the opportunity to give a technical or application presentation at IFPE 2014. IFPE is the leading international exposition and technical conference dedicated to the integration of fluid power with other technologies … Read more

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Construction Materials Prices Increase

Prices for construction materials moved higher in January, propelled by large jumps in items used in new housing and nonresidential building renovations, according to an analysis of new federal figures released today by the Associated General Contractors of America. Association officials said that contractors were paying more for materials even as the pending federal spending “sequestration” threatens to cancel an estimated $4 billion worth of construction activity this year. “Contractors had to contend with huge leaps in prices for gypsum, wallboard and lumber, as well as significant increases in the cost of insulation and architectural coatings such as paint,” said … Read more

Filed under: Economic News, News

Build Your Future Initiative to Sponsor NASCAR Truck Series Driver David Starr in 2013

ALACHUA, Fla. — The Build Your Future Initiative announced it has renewed its sponsorship of No. 81 NASCAR Camping World Truck Series driver David Starr for the 2013 season. After his successful fifteenth Truck Series season in 2012, BYF was eager to expand its support of Starr in its third consecutive season as a sponsor. This expanded sponsorship will include a brand new BYF racing suit, in addition to BYF’s season-long presence on the No. 81 Toyota. BYF and Chasco Constructors will adorn Starr’s Toyota at the season-opening Nextera Energy Resources 250 at the famed Daytona International Speedway on Friday, … Read more

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KPH Construction Continues Commitment to Mentorship

MILWAUKEE, Wis. — In an ongoing effort to offer networking and educational opportunities to small and disadvantaged contractors in the construction business, KPH Construction participated in an event Feb. 14 that drew dozens of such firms eager to learn more about possible work for the federal government. The event at the Milwaukee War Memorial was presented by AGC of Greater Milwaukee, AIA Wisconsin, WPI and ECBI, also known as the Emerging Construction Business Incubator, founded by KPH Construction for this very goal. Topics for the day included “The Federal Market Opportunity,” offering a glimpse of the federal contracts awarded for … Read more

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