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$170 million down the drain: Lessons to learn from Quirky’s bankruptcy

Construction Marketing Ideas

The quirky.com website (scrolling down from the bankruptcy notice at its top.) The bankruptcy notice. I expect that many products were rushed to market with high-volume manufacturing that would have proven less-than-effective with a little more testing and patience. Alas the idea didn’t work.

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Chinese Military Hackers Charged with Disrupting U.S. Solar Market

Green Building Law Update

A grand jury in the Western District of Pennsylvania has indicted Chinese military hackers for computer hacking, economic espionage and other offenses directed at a solar products manufacturer in America. Asbeck, founder and CEO of SolarWorld, issued an open letter to President Barack Obama requesting his “support for both the U.S.

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Transforming Construction Payments: Autodesk's Strategic Move with Payapps Acquisition 

Autodesk Construction Cloud

Late payments and non-payments are, unfortunately, pivotal contributors to declining contractor productivity eventually, in some cases, leading to bankruptcy for many GCs and subcontractors. Industry research supports these sentiments.

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Construction Estimating

Chianelli Estimating

Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. A good estimate requires time to develop which directly effects the Owner’s, Contractor’s, Architect’s and Engineer’s cost of doing business.

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Completed Operations: A Contractor’s Guide to Coverage, Cost, & More

Levelset

It covers the damages caused by faulty work, product failure, or other causes. However, completed operations won’t cover the cost to replace the faulty work or product itself. When purchased to cover a product, rather than building work, it is typically called product-completed operations insurance.

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Hang In There Revel Casino, Your Luck May Turn

Constructonomics

Basically, Revel Casino has 16 with the dealer showing a face card and after their second bankruptcy in less than 18 months, they need to take a hit. Not only because I want it too, but also because the building is awesome and it is a product of some of the most talented architects, engineers, and contractors we have in this country.

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Lifeway Foods Acquires Golden Guernsey Dairy Plant For $7.4 Million

Buisness Facilities Contributed Content

a leading supplier of kefir cultured dairy products, has announced the $7.4 Adding the 170,000-square-foot plant to Lifeway’s existing 50,000-square-foot facility in Morton Grove, IL, will more than quadruple the company’s production capacity and provide much-needed expansion abilities. Posted by Heidi Schwartz.