Construction Enquirer

JUNE 16, 2023

“It is estimated that 6000 small construction firms will become insolvent this year, driven largely by unprecedented cost pressures but made unmanageable by large companies exploiting their power and using a myriad of poor payment practices.” ”

Banking 115

Banking Accounting Procurement Contract 115

Business Facilities

AUGUST 25, 2021

The Korean automotive supplier has purchased the former Alo Tennessee building in the Washington County Industrial Park, where it will create 117 new jobs. The company’s Telford facility will produce bumpers, rear components and side framing for customers including General Motors, Hyundai, Kia, Volkswagen and BMW. in Telford, TN.

Tennessee 118

Tennessee Washington America Employment 118

Construction Enquirer

JUNE 21, 2023

Its AIM-listed parent company Nexus issued a profit warning to the market following the Enquirer’s report yesterday that Ilke Homes has filed a notice of intention to appoint an administrator. Many other contractors and suppliers are warning they will be hit if the firm does fall into administration. ”

Work in Progress 80

Work in Progress Profitability Housing Contractors 80

Pro Builder

AUGUST 24, 2022

After attending several building industry events so far this year, the consistent message heard from building materials suppliers, manufacturers, and home builders is: “I’ve never made more money … and had less fun.” . Distribution capacity and trucking capacity also weigh on builders. 7 Steps to Building Homes Faster and Reducing Cycle Time.

Materials 98

Materials Schedule Products Profitability 98

Green Building Law Update

NOVEMBER 14, 2021

The impact of ESG is not limited to public companies. There are just over 4,000 public companies traded on an exchanges in the U.S., There are just over 4,000 public companies traded on an exchanges in the U.S., Register today for the live virtual program. And regulation is already here that impacts some small businesses.

Maryland 177

Maryland Regulation Electrical Legal 177

Lets Build

MAY 11, 2020

The study points out that even if companies have policies in place to deal with such risks, they are not activated until it is too late. Companies preferred the traditional office work arrangement for those not working on the field. Virtual conferences will become the norm. Part of the work will be done remotely.

Industrial 178

Industrial Construction Conference Compensation 178

Construction Marketing

SEPTEMBER 9, 2021

Poor deployment of resources – when communication is poor, scheduling and staffing becomes inefficient. However, this is easier said than done in an era in which supply chains are becoming increasingly complex in the face of heightened demand for delivery services. Communication Breakdowns. Material and Supply Issues.

Lien 179

Lien Construction Schedule Risk 179

Levelset

FEBRUARY 3, 2023

One of the most significant challenges during that time was the lack of financing for commercial construction companies. Influent Energy, a Kansas City-based solar company, saw an increase in its working capital with Materials Financing. I’m not scrambling to find money to make payroll at the last minute.

Finance 52

Finance Cash Flow Materials Security 52

Levelset

AUGUST 15, 2022

In the construction industry, where credit is an integral part of companies’ processes , credit teams have to assess the creditworthiness of their customers individually, and it’s neither a straightforward nor simple process. Assessing the creditworthiness of suppliers is a whole other process, and one that poses a new set of problems.

Construction 52

Construction Lien Contractors Management 52

HardHatChat

APRIL 20, 2017

Anyone in the commercial construction industry knows there are a variety of certifications and designations that individuals, companies and projects can achieve to show they follow a high level of green commercial construction practices. are standard green procedures for ground-up construction projects. Here are a five examples: 1.

Commercial 275

Commercial Green Construction Materials 275

Pro Builder

JUNE 9, 2021

Whether we just got sick of our previously acceptable environs or genuinely need more or improved space, this rising tide has lifted all boats, from The Home Depot and Lowe’s, to paint stores and carpet companies, to remodelers and, of course, home builders of all types and sizes. . Why is it some builders aren’t feeling the labor crunch?

Profitability 98

Profitability Remodeling Cash Flow US 98

Autodesk Construction Cloud

SEPTEMBER 13, 2023

Learn how companies like DPR Construction harness these technologies to safeguard the well-being of their craft teams, deliver quality work, and exceed customer expectations. As change accelerates, professionals struggle to keep up, and vulnerabilities become exposed, threatening project integrity and widening industry disparities.

Autodesk 80

Autodesk Las Vegas Industrial Innovation 80

Lets Build

JULY 29, 2022

Construction companies worldwide are embracing lean construction principles in hopes of reducing waste, lowering costs, and increasing productivity. In traditional construction processes, companies and contractors focus on what the customer wants to build—the specifications included in the plans. Rethink customer value.

Construction 147

Construction Schedule Materials Plans 147

Lets Build

MAY 20, 2020

Taking all that into account, it quickly becomes apparent that construction can’t afford to waste this crisis. The more innovative and more investing companies will have a lot to gain. Like every other industry around the world, construction is suffering the unprecedented impact of the Coronavirus outbreak. And I think they will.

Construction 179

Construction Innovation Industrial BIM 179

Levelset

MARCH 21, 2022

Even though the insurance company isn’t your customer, the property owner may be depending on that insurance check to pay for your work. To cover these expenses, restoration contractors need to manage their cash flow to ensure they have enough money in the bank — especially when the insurance company is dragging their feet.

Cash Flow 98

Cash Flow Insurance Lien Management 98

Pro Builder

SEPTEMBER 1, 2021

“Outdoor space has never been more important,” says Leslie Adkins, VP of marketing for Trex Company, a leading engineered decking manufacturer. A new or extended deck, namely off the back of the house, has become a symbol of luxury and stylish outdoor living at almost every price point. Click for more info. . .

Products 98

Products Engineering Maine Housing 98

Construction Marketing

OCTOBER 24, 2014

You want to be the first person or company a customer will think of and go to when they have a project that needs to be completed. Send things to your customers quarterly that will help their bottom line such as: books, whitepapers, articles, or even just updates on supplier or industry news. Prioritize. Help Customers.

Schedule 236

Schedule Documentation Industrial Contract 236

Pro Builder

FEBRUARY 4, 2022

Builders and their trades and suppliers need one another to survive and grow their businesses, which has become even more challenging in today’s market. . As a builder, put yourself in a trade’s or supplier’s shoes to ensure you foster a motivational environment that promotes positive work. Fri, 02/04/2022 - 17:27. Here’s how.

Residential 98

Residential Software Software Contractors 98

Pro Builder

JUNE 21, 2021

Those decisions by consumers and companies are a major reason some analysts think the recent rise in inflation is the result of temporary mismatches in supply and demand, rather than a harbinger of runaway price increases stoked by all the money pouring into the economy. Manufacturers + Suppliers. Read More. . Building Materials.

United States 59

United States New York Remodeling Bidding 59

Levelset

MAY 4, 2022

But why is it that some companies are able to grow and thrive while others stagnate or go out of business entirely? . Of course, not every small business wants to become a construction industry powerhouse — but everyone wants to get paid for their work. Know who you’re doing business with. Make yourself visible in the payment chain.

Lien 98

Lien Contractors Cash Flow Construction 98

Pro Builder

FEBRUARY 14, 2023

After all, 25 years is a long time, and although Deming has become a household name in major industries around the world, home building remains largely ignorant of his teachings. A Deming Dozen: Nuggets of Wisdom to Work and Live By ibush Tue, 02/14/2023 - 12:23 Wise words from quality and efficiency expert Dr. W. Edwards Deming abound.

Management 97

Management Wisconsin IDEA Products 97

Viewpoint Construction Technology

JULY 27, 2017

When you’re dealing with jobs that are in the six, seven, and even eight figure budgets, project management can become very complex with many variables to account for. While you may have solid relationships with legacy suppliers, it’s smart to check market and competitor prices regularly. Comparison shop. Schedule smart.

Viewpoint 153

Viewpoint Contractors Inventory Profitability 153

Autodesk Construction Cloud

FEBRUARY 25, 2022

Evaluating a subcontractor’s health before awarding work has become more important than ever for general contractors. Like the Quick Ratio, Current Ratio measures a company’s ability to pay off its short-term liabilities with its current assets. For one thing, circumstances can change quickly in today’s uncertain construction industry.

Safety 94

Safety Debt Liability Equity 94

Viewpoint Construction Technology

NOVEMBER 8, 2017

Gregg Schoppman of Viewpoint partner FMI says it’s important to establish a value proposition for potential hires and make your company a magnet for top talent. In addition to reaching out to friends and friends of friends, tap into the resources your partners, suppliers, and vendors have. So where’s the disconnect? Get social.

Viewpoint 158

Viewpoint Software Software Resource 158

Pro Builder

JULY 26, 2021

First, many cannot find enough trade contractors to build the homes, with six-month cycle times becoming all too common. Can We Make Home Building a Little Less ‘Interesting?’. Mon, 07/26/2021 - 07:00. Builders are feeling their margins being squeezed. How to respond? Here are 10 suggestions. Scott Sedam, Contributing Editor.

Overhead 105

Overhead Profitability Housing Materials 105

Autodesk Construction Cloud

AUGUST 5, 2022

DPR is a privately-held, employee-owned commercial general contractor and construction management company. For 32 years, there has been DEI within this company. Walk us through your career and what led you to becoming Global DEI Leader. . At my last company, they offered me an opportunity to work in the DEI space full time.

Organization 98

Organization Construction Industrial Equity 98

Levelset

AUGUST 29, 2022

Having access to extra cash flow can eliminate financial barriers before they become roadblocks for your business. “Our employees are very happy because they see I put every penny I gained back into growing this company. It’s project-based, flexible, and allows you to maintain supplier relationships. Learn more here. .

Finance 52

Finance Cash Flow Materials Banking 52

Levelset

APRIL 5, 2022

Do you project how much money will be going in and out of your company at any given time? Do you project how much money will be going in and out of your company at any given time? Do you look at your cash flow before starting a large job, or do you just jump in and hope the payment arrives in time to pay your suppliers?

Cash Flow 52

Cash Flow Finance Construction Materials 52

Autodesk Construction Cloud

JANUARY 27, 2023

Additionally, research by McKinsey found that companies with strong gender and ethnic diversity are more likely to financially outperform their peers by 25% and 36%, respectively. shares valuable insights and examples of how companies can improve their initiatives. Maggie Farrell , Diversity & HR Manager at S. Wilson & Co.

St. Louis 105

St. Louis Management US Organization 105

Pro Builder

JUNE 9, 2021

Whether we just got sick of our previously acceptable environs or genuinely need more or improved space, this rising tide has lifted all boats, from The Home Depot and Lowe’s, to paint stores and carpet companies, to remodelers and, of course, home builders of all types and sizes. . Why is it some builders aren’t feeling the labor crunch?

Remodeling 52

Remodeling Cash Flow Profitability US 52

Fieldwire

MARCH 20, 2023

Companies prioritize diversity and inclusion, as hiring people from different backgrounds leads to well-rounded culture and better business outcomes. How can your construction company be accessible to everybody? Why Should Construction Companies Diversify? The built environment’s workforce has stayed homogenous.

Industrial 52

Industrial Construction Safety Accidents 52

Autodesk Construction Cloud

JUNE 26, 2023

The potential for improvement is a huge opportunity, but companies still need help capturing new value from their markets. After years of investment and multiple partnerships with technology companies, they now feel the need to formulate their strategic initiatives better and need a third party to talk to. What is our mission?

Construction 52

Construction Innovation Modeling Sustainability 52

Autodesk Construction Cloud

JULY 13, 2023

And while profit margins in construction are notoriously tight (4-6%), there are steps you can take to increase your profitability without compromising the quality of your work. To help you navigate this challenge, we discussed protecting margins with global construction professionals for effective strategies for profitability. Have a look below.

Profitability 98

Profitability Risk Construction Autodesk 98

Construction Specifier

MARCH 4, 2022

Most companies in the industry were content to stay in their lane, with advancement efforts mostly focused on providing a slightly modernized version of the same basic niche product that has existed for decades. Photos courtesy Legacy Building Solutions. By Ben Fox and Ellie Fox. The importance of metal building software.

Fabrication 52

Fabrication Life Cycle Software Software 52

Pro Builder

SEPTEMBER 10, 2021

Not long ago I visited Zappos’ headquarters in Las Vegas to learn how one of the world’s hottest shoe companies gained its reputation for memorable customer experiences. What Do New Homes Have in Common With a Pair of Shoes? Fri, 09/10/2021 - 11:16. A new approach to improving customer satisfaction during the homebuying journey. Jimmy Diffee.

Las Vegas 98

Las Vegas Design US Retail 98

Construction Law Monitor

JANUARY 4, 2012

Over the past holiday season, I was at a Christmas party discussing with a friend of mine who runs an electrical supply company here in South Louisiana, the intricacies of notice provisions before a company like his can file a lien on a private project. 9:4801 et al ), are suppliers. MATERIAL SUPPLIERS ( see La R.S.

Lien 76

Lien Louisiana Leases Equipment 76

Constructonomics

JULY 2, 2021

The situation forced US-based companies to look for local manufacturers of products or in closeby countries like Mexico. There is hardly any industry around the globe that is not affected by the Coronavirus. In 2020, almost all commercial activities came to a halt for a while and badly affected the economy. A lot of U.S. A lot of U.S.

Industrial 100

Industrial Construction Safety Guidelines 100