Price of Construction Materials Declines in November, ABC Predicts Moderate Increases in Early 2019

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Construction materials prices fell 1.8 percent in November, according to the Associated Builders and Contractors’ recent analysis of U.S. Bureau of Labor Statistics data. Despite the monthly decline, materials prices are still 5.3 percent higher than they were on a year-over-year basis. Nonresidential construction input prices fell 1.7 percent for the month, and are up 5.8 percent compared to the same time last year. Prices declined in five of 11 subcategories, with crude petroleum (down 29.5 percent) and unprocessed energy materials (down 11.5 percent) experiencing the largest decreases. Only natural gas recorded a substantial increase in price: up 15 percent … Read more

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Adolfson & Peterson Construction Earns Distinguished Building Award

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TEXO announced the 2018 Distinguished Building Award recipients and Adolfson & Peterson Construction was acknowledged for its work on USPI Southlake Medical Office Building located in Southlake, Texas. Developed by USPI and designed by E4H, the facility is home to Baylor Scott & White Southlake Family Medicine and Touchstone Medical Imaging, among others.The awards embody the skill, commitment and passion that TEXO members have for construction. Winning an award automatically qualifies projects for the state and national award competitions for both ABC and Associated General Contractors of America. AP was selected in the Health Care 2 ($10-30 million) Category and … Read more

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Robins & Morton Wins Awards from ABC of Alabama

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BIRMINGHAM, Ala. – Robins & Morton received six Excellence in Construction awards from the Associated Builders and Contractors of Alabama at the annual Excellence in Construction Banquet in November. ABC recognized the following projects: UltraStar Multi-tainment Center at Harrah’s Cherokee in Cherokee, North Carolina: Commercial $10 Million to $25 Million, Excellence Award (First Place) Florida Hospital Carrollwood in Tampa, Florida: Healthcare $50 Million to $100 Million, Excellence Award (First Place) Brookwood Baptist Medical Center Hybrid Suite in Homewood, Alabama: Healthcare Less Than $10 Million, Merit Award (Second Place) Kanvwotiyi Residential Treatment Center in Robbinsville, North Carolina: Healthcare $10 Million to … Read more

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ABC Predicts Construction Sector Will Remain Strong in 2019

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WASHINGTON, D.C. — Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. Job growth, high backlog and healthy infrastructure investment all spell good news for the industry. However, historically low unemployment has created a construction workforce shortage of an estimated 500,000 positions, which is leading to increased compensation costs. “U.S. economic performance has been brilliant of late. Sure, there has been a considerable volume of negativity regarding the propriety of tariffs, shifting immigration policy, etc., but the headline statistics make … Read more

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ABC Elects 2019 National Chair, Executive Committee

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LAS VEGAS, Nev. ― The Associated Builders and Contractors board of directors elected Tony Rader, telecom vice president for National Roofing Partners, to serve as the 2019 national chair during the association’s annual Leadership Institute in Las Vegas, Vegas. Ray Zamora, president of AnchorBuilt Inc., was elected chair-elect, and Steve Klessig, vice president of architecture and engineering, Keller Inc., was elected secretary. Members of ABC’s 2019 executive committee who will take office Jan. 1: Tony Rader, telecom vice president, National Roofing Partners, Coppell, Texas, chair Ray Zamora, president, AnchorBuilt Inc., Albuquerque, N.M., chair-elect Steve Klessig, vice president of architecture and … Read more

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