TDIndustries Earns Excellence in Construction Award for Healthcare Project

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The Associated Builders and Contractors’ South Texas Region awarded TDIndustries an Excellence in Construction award for work on HCA/Methodist Healthcare’s Stone Oak Hospital, located in San Antonio. The accolade came in the $2-$10 million category. TD renovated and expanded 27,000 square feet dedicated to operating, prep/recovery, decontamination and anesthesia care. The general contractor performed mechanical, plumbing, medical gas and ductwork installations and change-outs. In addition, TD installed two new air handling units (renovating a third), a water-cooled chiller package, roof drains and nozzles and more than 50 plumbing fixtures. Through collaboration, pull-planning and Lean construction processes, the team completed the … Read more

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Construction Input Prices Plummet in June, Says ABC

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Construction input prices decreased 1.3% on both a monthly and yearly basis in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. This is the first time in nearly three years that input prices have fallen on a year-over-year basis. Overall, nonresidential construction input prices declined 1.4% from May 2019 but are down just 0.8% from June 2018. Among the 11 sub-categories, only natural gas (+1.6%) and concrete products (+0.9%) prices increased compared to May 2019. On a yearly basis, three of the sub-category prices have declined by more than … Read more

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Nonresidential Construction Spending Slips Modestly in May, Says ABC

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According to a recent Associated Builders and Contractors analysis of U.S. Census Bureau data, national nonresidential construction spending declined 0.9% in May, totaling $788.5 billion on a seasonally adjusted annualized basis and a 4.4% increase compared to the same time last year. While total public and private nonresidential spending declined 0.9% since April, public spending was up 11.2% and private spending was down 0.1% year over year. Among the 16 nonresidential construction spending categories tracked by the Census Bureau, five experienced increases in monthly spending, including transportation (4%), communication (1.3%) and public safety (1.2%). Religious (-5.5%), commercial (-3.3%) and highway … Read more

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ABC Names Top-Performing Contractors in U.S. Commercial, Industrial Construction

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Associated Builders and Contractors released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours, with special designations identified. “ABC Top Performers are leading the way in the merit shop construction industry, where diverse participants are constantly striving to achieve the highest levels of personal and company performance in an environment of fair and open competition,” said Michael Bellaman, president and CEO of ABC. “These rankings will help the industry identify contractors that have achieved world-class safety performance, demonstrated their commitment to their workers and their communities and … Read more

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Construction Input Prices See Slight Increase in May, Says ABC

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Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago. Among the 11 subcategories, six saw prices fall last month, with the largest decreases in natural gas (-15.2%), unprocessed energy materials (-8.2%) and crude petroleum (-6.2%). Of the remaining five subcategories, only two experienced price increases greater than 1%: nonferrous wire … Read more

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