FMI Releases Nonresidential Construction Index (NRCI) for the Third Quarter, 2010

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State and Municipalities Budget Cuts Expected, More Improvement/Alterations Work RALEIGH, N.C. — At 51.3 for the third quarter of 2010, the NRCI is in growth territory for the second quarter in a row; however, it retreated somewhat from the more positive outlook of 54.5 last quarter, according to FMI Corporation, management consultants and investment bankers to the engineering and construction industry. States and municipalities are expected to make significant budget cuts due to lower tax revenues next year, and the federal stimulus support for the market will start to wind down over the next year. The concern now is that … Read more

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OSHA Renews Agreement with Associated General Contractors of Colorado

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Safety Incidents Drop 46 Percent among Participating AGC Members DENVER — As Randy DeMario, board president of the Associated General Contractors of Colorado signed the historic agreement renewing AGC's partnership with the Occupational Safety and Health Administration, he recalled the profound impact the partnership has had on reducing worksite injuries and saving lives. “Since the program started in 2004, the number of injury incidents has dropped 46 percent, from 5.7 incidents per 100 employees in 2004 to 3.1 in 2009,” said DeMario, president of Heath Construction in Fort Collins. “We"ve demonstrated that the program with OSHA works.” Through the partnership, … Read more

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Turner Awarded $100M Contract to Manage Multi-Phase Renovation and Expansion of Harrah’s Cherokee Hotel Casino in Cherokee, N.C.

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NEW YORK — Turner Construction Company, the nation’s leading general builder, has been awarded a $100 million contract to manage the renovation and expansion of Harrah’s Cherokee Hotel Casino in Cherokee, N.C. Construction is underway with completion of the multi-phased project scheduled for January 2013. The Harrah’s Cherokee Hotel Casino Renovation and Expansion Project will add 110,000 sq. ft. gaming floor area to the casino while renovating the existing 130,000 sq. ft. gaming floor. The scope of work will also provide new modern bars, restaurants and entertainment stages to the casino and hotel. Additional features of the renovated resort will … Read more

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Construction Job Gains Become More Widespread, Losses Less Severe as Six States Add Jobs Between July 2009 & 2010; 27 States Add Jobs in the Past Month

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Kansas Tops Yearly and Vermont & New York Top Monthly Gainers; California and Nevada Experience Most Job Losses During Past Year While Illinois Experiences Largest Monthly Percent Decline Construction job gains were more widespread across the country and job losses were generally less severe in July than in June, the Associated General Contractors of America reported in an analysis of state employment data released today by the Labor Department. Twenty—six states added construction jobs in July, compared to 19 in June, while six states added construction jobs over the past year and most others are losing far fewer jobs than … Read more

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Westfield’s 1800 Larimer Office Tower Achieves Highest LEED Platinum Certification in U.S.

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DENVER, Colo. — 1800 Larimer, the Denver Central Business District’s first high-rise office in more than 25 years, has been awarded LEED Platinum certification by the U.S. Green Building Council (USGBC), Westfield Company, Inc. announced today. The certification makes 1800 Larimer one of the first high-rise office buildings in the United States and the largest west of the Mississippi River to receive LEED Platinum status — the highest awarded. In addition, the property is the first building in Colorado to be awarded LEED Platinum certification based on the LEED Core/Shell version 2.0, which has more stringent requirements than earlier versions. … Read more

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