FMI Releases Q1-2012 Construction Outlook Report

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RALEIGH, N.C. — FMI released the first-quarter, 2012 Construction Outlook Report. FMI’s forecast for total construction put in place in 2012 is a 5 percent increase compared to 2011, or $826.3 billion. The last time construction put in place was at this level was 2000-01. Despite slow growth projections and rising gasoline prices, the GDP is still growing and consumers are still spending, reflected in the Conference Board’s Consumer Confidence Index increasing to 70.8 in February compared to 70.4 a year ago. Along with the Federal Reserve’s intervention, these factors have served to keep growth slow and inflation in check. … Read more

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Arlington’s Pentagon Renovation Wins Grand Award for Best Construction Project of 2011

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HONOLULU — Arlington’s Pentagon renovation project was the most significant construction project of 2011, the Associated General Contractors of America announced. As a result, the project’s contractor, Hensel Phelps Construction Co., was the grand award winner while 15 other firms received the association’s Alliant Build America Award in other categories. “These projects demonstrate the qualities that have made the construction industry great: hard work, ingenuity and world-class skill,” said Kristine Young, the association’s president and the CEO of Des Moines, Iowa-based Miller the Driller. “Contractors like these are not only building exceptional projects, they”re building a better, more prosperous America.” … Read more

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Project/Construction Management

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Premier NYC Real Estate Owner/Development/Management Co. seeks hands-on Construction Project Manager with a minimum of 8 years experience running numerous capital improvement and/or construction projects in residential, office and retail properties. Unique opportunity to budget, bid and build a wide variety of property improvement projects, all in great Manhattan neighborhoods. This is a high energy position that requires visiting several job sites daily, devoting great attention to detail while juggling multiple jobs simultaneously. All candidates must be knowledgeable and experienced in both interior and exterior renovations and construction, NON-UNION job running, including mechanical, electrical, Local Law 11, apartment renos & … Read more

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Construction Materials Prices Accelerate Sharply in February

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The cost of construction materials accelerated dramatically in February after moderating for several months, according to an analysis of producer price index figures released by the Associated General Contractors of America. As a result, construction firms will be forced to pay more for key materials even as demand for construction remains weak, association officials noted. “Prices for a wide range of construction inputs rose sharply in February, threatening to put contractors out of business and leave public projects underfunded unless materials can be ordered before prices jump further,” said Ken Simonson, the association's chief economist. “Contractors had finally begun to … Read more

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TCA Announces Call for Entries for 22nd Annual Achievement Awards Program

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MOUNT VERNON, Iowa — The Tilt-Up Concrete Association has announced the call for entries for the 22nd installment of the Tilt-Up Achievement Awards. Established by the TCA in 1992, the Tilt-Up Achievement Awards program honors projects that use site-cast Tilt-Up concrete to introduce new building types, advance industry technology and provide unique solutions to building programs. The winning entries illustrate the variety, beauty and flexibility of the Tilt-Up construction concept. “All projects submitted are incorporated into our ever expanding project database and become the cornerstone for the association's marketing efforts for the year ahead,” said Ed Sauter, executive director of … Read more

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