The Associated General Contractors recently recognized Brasfield & Gorrie at its 27th Annual Excellence in Construction Awards ceremony. The firm received two awards in recognition of recent construction projects. Brasfield & Gorrie received a Pyramid award in recognition of its work on the Cherry Point P163 Marine Air Support Squadron Maintenance and Operations Complex in Cherry Point, North Carolina. The firm also received a Pyramid award honoring its work on the Georgia Aquarium Sea Lion Exhibit in Atlanta, Georgia.
Alabama Electrical Training Instructor Named ABC’s Craft Instructor of the Year
WASHINGTON, D.C. – Associated Builders and Contractors has named its 2017 Craft Instructor of the Year: Roger Thompson of New Hope, Alabama, electrical craft training instructor for the North Alabama Craft Training Foundation and chief electrical estimator at Jesse Stutts Inc., both in Huntsville, Alabama. Thompson received the honor at ABC’s Careers in Construction awards ceremony on March 3 during the Workforce Week ’17 conference. “Associated Builders and Contractors is proud to recognize Roger Thompson as an innovative teacher with a positive attitude who promotes lifelong learning to the future workforce,” said 2017 ABC Chair Chuck Goodrich, president of Gaylor … Read more
ABC Acknowledges 2017 National Craft Champions
WASHINGTON, D.C. – Associated Builders and Contractors recognized the winners of the 30th annual National Craft Championships during its Careers in Construction awards ceremony on March 3 at the conclusion of ABC’s Workforce Week ’17. NCC is a part of ABC’s effort to raise the profile of careers in construction and highlight the $1.1 billion that ABC member companies spend annually on workforce development. This year’s field of competitors featured nearly 170 craft professionals from 28 states competing for top honors in 13 competitions across 11 crafts. Competitors first took an intense, two-hour written exam and then competed in a … Read more
Construction Input Prices Expand for Third Straight Month, Petroleum Prices Soar
WASHINGTON, D.C. – Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to a recent analysis of U.S. Bureau of Labor Statistics data and released by ABC. This represents the most rapid yearly growth in construction input prices in more than five years. Only four key inputs tracked by BLS experienced monthly price declines, principally natural gas. Natural gas prices declined 18 percent in February, but are still up by more than 66 percent over the past year. Crude petroleum prices are up 107 percent over the past year. … Read more
Nonresidential Construction Spending Slips
WASHINGTON, D.C. — Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released by Associated Builders and Contractors. Nonresidential spending fell 1.9 percent from December to $698.4 billion on a seasonally adjusted, annualized basis. This represents the first month total nonresidential construction spending dipped below $700 billion since July 2016. Despite the monthly setback, year-over-year progress remains intact, with nonresidential spending increasing 1.5 percent since January 2016. However, in real terms, that represents virtually nonexistent growth. Private nonresidential spending remained unchanged for the month, while public sector spending plunged 4.7 percent. The greatest loss in spending … Read more