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State of the Construction Industry: January Roundup

Viewpoint Construction Technology

We’re one month into 2019 and already there are some big stories making waves across the United States — from the government shutdown and battle over a potential border wall to the impacts from tariffs and concerns of a slowing economy. A number of high-profile infrastructure projects could give the construction industry a boost in 2019.

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Norfolk Southern Supported Nearly $2B In Investment In 2019

Business Facilities

Industrial customers across 16 states developed 54 new and 23 expanded rail-served commercial projects which are expected to create more than 1,160 jobs. Read: Norfolk Southern Supported Nearly $2B In Investment In 2019 at BusinessFacilities.com.

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Survey Reveals the Impacts of the Coronavirus Pandemic on Contractors

Construction Junkie

More than half of the respondents were involved in building construction, 25% in highway and transportation, and 23% in both federal construction projects and utility infrastructure. 32% the firms surveyed said that they have not seen any change in headcount year over year, while another 27% have actually added employees since 2019.

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Harbor Freight Tools’ South Carolina Expansion To Create 500 Jobs

Business Facilities

Work on the new project is expected to break ground by the end of 2017, with completion expected in early 2019. A $5 million Rural Infrastructure Grant was also awarded to Dillon County to assist with the costs of site preparation.

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Key Takeaways from the AGC and Autodesk 2021 Workforce Survey

Autodesk Construction Cloud

Represented firms provide building, highway and transportation, federal construction, and utility infrastructure services. In our 2020 survey, 38% of firms reported that they believed it would take six months for their business to return to 2019 levels. Revenue sizes range from under $50 million to over $500 million.

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Aireon Relocating, Expanding HQ In Virginia

Business Facilities

Additionally, Fairfax County has access to world-class public transportation, shops and restaurants and attracts some of the most educated workforce from the abundance of globally recognized local universities. We saw this as the perfect location to grow our company and enter the next stage of our operations.”.

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Steel Manufacturer Expanding At Port Of Indiana

Business Facilities

Ratner Steel Supply is investing $8.83M to double the size of its operations at the Port of Indiana-Burns Harbor in Portage, creating up to 37 new jobs by 2019. Read Steel Manufacturer Expanding At Port Of Indiana on Business Facilities - Area Economic Development, Site Selection & Workforce Solutions.

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