Senior managements need to be looking beyond the current turmoil and toward what their companies will look like coming out of the down cycle. RALEIGH, N.C., β FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its 2011 U.S. Markets Construction Overview, offering insight into some of the engineering and construction industry's most complex business challenges. This year's Overview consists of three major pieces: a compilation of trends in the current environment, important issues facing nine client groups served by FMI and the fourth quarter 2010 economic forecast. A … Read more
TD Bank Constructing the First Net-Zero Energy Bank Location in the U.S.
CHERRY HILL, N.J. and PORTLAND, Maine β TD Bank announced it is building the first net-zero energy bank location in the United States. The new net-zero energy TD Bank store will open this spring in Ft. Lauderdale, Fla. A June 2010 report by the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory defined a net-zero energy building (NZEB) as a residential or commercial building that produces and exports in a year at least as much renewable power as the total energy it uses. According to the report, an NZEB has two key energy features: The building is constructed with … Read more
US Department of Labor Announces Grant Increment to Continue Assisting Texans Affected by Layoffs in Construction and Manufacturing
WASHINGTON, D.C. β The U.S. Department of Labor recently announced a $1,179,312 increment to continue providing assistance to about 500 workers affected by layoffs from multiple companies in the construction and manufacturing industries in central and southeastern Texas. “The Labor Department remains committed to helping these Texans prepare for new jobs that will lead to long-term careers,” said Secretary of Labor Hilda L. Solis. “As our economic recovery takes hold, it is important to continue support for individuals who have lost jobs through no fault of their own and are still doing their best to re-enter the workforce.” On Dec. … Read more
MIOSHA and AGC of Michigan Sign Alliance to Protect Construction Workers
Michigan Occupational Safety and Health Administration (MIOSHA) Director Doug Kalinowski recently announced the signing of a strategic alliance with the Associated General Contractors (AGC) of Michigan to protect the safety and health of Michigan’s construction workers. The construction industry is one of the most hazardous industries in Michigan. Only about four percent of Michigan’s workforce is employed in construction – however, construction fatalities account for more than 40 percent of all fatal workplace accidents. “By combining our resources, the AGC of Michigan and MIOSHA can have a significant impact on safety and health prevention efforts at construction job sites,” said … Read more
Latest Construction Employment Numbers Released
Las Vegas, Nev. and Napa, Calif. Lost Most Jobs while Columbus, Ohio And Hanford-Corcoran, Calif. Top List of Metro Areas Adding Jobs for the Year Construction employment declined in 232 out of 337 metropolitan areas between December 2009 and December 2010, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that construction employment was likely affected by severe winter weather in many states and the winding down of a number of stimulus and other temporary federal construction programs. βIt looks like severe winter weather put an early halt … Read more