Road to Recovery
What’s driving CMI companies’ successes
George Reddin and Rob Mineo of FMI Capital Advisors say price increases among companies in the Construction Materials Index are part of what is leading that group to outperform overall market growth. Keep Reading
ABC: Nonresidential construction spending dips in May
Nonresidential construction spending was down 0.6 percent in May, according to an Associated Builders & Contractors (ABC) analysis of federal data. Keep Reading
ABC: Construction employment near pre-pandemic levels
The Associated Builders & Contractors (ABC) says the construction industry added 60,000 jobs in February, reaching near pre-pandemic employment levels. Keep Reading
Executive order imposing PLAs draws industry ire
The Associated General Contractors of America and Associated Builders & Contractors say President Biden’s executive order encouraging project labor agreement (PLA) mandates will do more harm than good. Keep Reading
When the infrastructure bill’s funds might be available
Dodge Construction Network’s Richard Branch expects streets and bridges to be among the first nonbuilding construction segments to benefit in 2022 from the Infrastructure Investment & Jobs Act. Keep Reading
OSSGA conference shifts to virtual format
The Ontario Stone, Sand & Gravel Association’s (OSSGA) annual Operations, Health & Safety Seminar, scheduled for this month, will now be held virtually following a new measure by the Government of Ontario in Canada. Keep Reading
Aggregate Industries acquires Cowden assets
Cowden, which has two ready-mixed concrete plants and eight aggregate facilities in Washington state, is now part of the LafargeHolcim in the United States company. Keep Reading
AGC: Construction spending up in November 2021
The Associated General Contractors of America (AGC) says the increase from October was due to growth in private residential and nonresidential building. Keep Reading
What to expect in nonresidential construction in 2022
Although warehousing has fueled nonresidential construction of late, Dodge Construction Network’s Richard Branch expects other forms of construction in the sector to pick up the pace in 2022. Keep Reading