National Diversity Excellence Award Winners Announced

FORT LAUDERDALE, Fla. – Associated Builders and Contractors officials announced that National Diversity Excellence Awards have been awarded to four member companies: Hensel Phelps, Wu & Associates Inc., Mechanical Engineering & Construction Corp. and United Rentals Inc. Representatives from each company received the award on March 2 during ABC’s 26th Annual Excellence in Construction Awards gala in Fort Lauderdale, Florida. “Associated Builders and Contractors honors the National Diversity Excellence Awards winners for making diversity a business priority and striving to achieve a fully inclusive and culturally competent workforce,” said 2016 ABC National Chair David Chapin, president of Willmar Electric Service, … Read more

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ABC Predicts Continued Growth for Construction

WASHINGTON, D.C. – Associated Builders and Contractors forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending. “As the mid-phase of the economic recovery continues, ABC forecasts growth in nonresidential construction spending of 7.4 percent along with growth in employment and backlog,” said ABC Chief Economist Anirban Basu. “The mid-phase of the recovery is typically the lengthiest part and ultimately gives way to the late phase, when the economy overheats. The current recovery … Read more

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