Fri.Sep 13, 2019

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Best Strategies for Cash-Flow Management in Construction

Construction Business Owner

According to a Kabbage survey of construction firms, 28% cited cash flow as the biggest challenge during their first year in business, outweighing finding new customers. As your business grows, the struggle to manage a positive cash flow may continue.

Cash Flow 251
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At least 30 U.S. cities have adopted stricter building energy codes since 2017

BD+C

At least 30 major U.S. cities have adopted stricter building energy codes since 2017, according to the 2019 City Clean Energy Scorecard released by the American Council for an Energy-Efficient Economy (ACEEE).

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professionals

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Daikin Investing $195M In Alabama

Business Facilities

The company chose to expand and create 20 new jobs at its Decatur, AL fluorochemical plant over locations in Japan and China. - Read: Daikin Investing $195M In Alabama at BusinessFacilities.com.

Alabama 69
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7 construction OEM stocks to watch

Construction Dive

How these public companies perform in response to a potential slowdown will likely be the focus of sector analysts for the foreseeable future.

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Optimize Operational Processes With an Industry-Specific ERP

As the use of Enterprise Resource Planning systems in the construction industry is critical to optimizing operations, it's critical that decision makers conduct a thorough software evaluation to find the one that best aligns to their needs.

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VR Helps Workers Spot Design Errors

Construction Equipment

ENR reports that construction workers with less than three years of job experience were able to double their ability to spot design errors in a 3D model using a VR interface.

Design 56

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Construction Employment Up 14,000 Jobs in August

Construction Equipment

Construction employment increased by 14,000 jobs in August and by 177,000, or 2.4 percent, over the last 12 months. The number of unemployed jobseekers with construction experience also remained near historic lows according to the Associated General Contractors of America.

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Red Bull Senior VP Joins ServiceTitan as Chief People Officer

Contractor Magazine

Chris Trombetta is the former senior vice president of Strategy and Talent for Red Bull and a graduate of the United States Military Academy at West Point and Harvard Business School.

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VF Corporation Investing $7.5M In Tennessee Expansion

Business Facilities

The company will expand in Lauderdale County and locate a new facility in Tipton County, bringing more than 220 jobs to West Tennessee over the next three years. - Read: VF Corporation Investing $7.5M In Tennessee Expansion at BusinessFacilities.com.

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IAPMO, WaterAid and Millennium Water Alliance Team for WASH Partnership Event

Contractor Magazine

The event highlighted the important role partnerships play in solving the global water, sanitation and hygiene (WASH) crisis.

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The Ultimate Procurement Software Buyer’s Guide

Choosing the right procurement software is a crucial step in ensuring third-party risk management, process governance, and bidding efficiency. With so many procurement solutions to choose from, it can be overwhelming without a frame of reference and a solid starting point. This free buyer’s guide will cover: Benefits of Procurement Software –– Why do you need it?

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Learning in Action at Vermont Association of Hospitals and Health Systems Annual Meeting

PC Construction

PC Construction was pleased to sponsor the Vermont Association of Hospitals and Health Systems Annual Meeting, which winds down today after three days of looking at key issues in Vermont health care. It was great.

Vermont 42
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Dominium receives eight MADACS Awards

BD+C

Dominium was recognized at the Minnesota Multi Housing Association’s Multi Housing Achievement in Design, Advertising and Community Support Awards. . MINNEAPOLIS —September 11, 2019 — Dominium, a Minneapolis-based leading apartment owner, developer and manager, announced today that it won eight awards at the 24th annual Multi Housing Achievement in Design, Advertising and Community Support (MADACS) awards, hosted by the Minnesota Multi Housing Association (MHA).

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Thompson Pump Wins Award of Merit for Work in Puerto Rico

Contractor Magazine

Pumps and employees saved region from flooding, provided safe drinking water in the aftermath of hurricane Maria.

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Researchers use U. of Arkansas buildings as testbed for CLT panels

BD+C

A new residence hall on the University of Arkansas campus will serve as a testbed for researchers to study Cross-Laminated Timber (CLT) panels.

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Stop Making These Mistakes and Start Scaling Your Specialty Contractor Business

Anything that is built on a poor foundation will soon crumble from the ground up. This is literally the case in the construction stage of projects and it applies just the same during the pre-construction stage. This free eBook is your ultimate guide to scaling your business with customizable software as early as during the bidding stage.

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Gear up with weekly industry trends

Green Industry Professionals

From new product releases to exciting industry event coverage, the Grass Roots podcast has you covered. Take a listen now, you won't be disappointed!

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ASSE Publishes Requirements for Electric Heated Water Dispensers

Contractor Magazine

Water dispensers covered by this standard include an integral electrically powered heater or cooler.

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Gear up with weekly industry trends

Green Industry Professionals

From new product releases to exciting industry event coverage, the Grass Roots podcast has you covered. Take a listen now, you won't be disappointed!

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EGIA’s Cracking the Code Show: 3 Steps to a Powerful Customer Experience

Contractor Magazine

EGIA experts explain how to create a culture of excellent HVAC customer service.

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The Specialty Contractor's Guide to Job Cost Accounting

Supply chain challenges and rising material costs are forcing specialty contractors to pay more for what they need to complete each job. Following a simple set of principles, this easy-to-follow guide can help you manage job costs, ease the pains of accounting, and run a more profitable businesses. If you are a Specialty Contractor or Self-performing GC, you do not want to miss out on this essential guide!

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ABC Supply Co. opens a branch in Sharonville, Ohio

BD+C

BELOIT, Wis. —Sept.

Ohio 45
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Vince Gillette Sr., Stalwart in ACCA, Texas HVAC Contracting, Dies at 88

Contractor Magazine

Pioneer in mechanical contracting preached quality, on-time work for a wide variety of commercial mechanical contracting customers.

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Spending on megaprojects, already on the rise, could spike hard in the coming years

BD+C

Societies continue to move toward megacity cultures, lifestyles, and economies that are becoming more vital, in some cases, than the countries that spawn them. One result of this trend has been a growing tendency among owners, developers, and their Building Teams to package smaller and multiple commercial projects into large, single megaprojects whose construction costs exceed $1 billion, in spite of such projects’ historically erratic success rates and shortcomings.

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AHR Expo 2020 New Products Preview

Contractor Magazine

Attendees can anticipate previewing new-to-market products and a full range of solutions.

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Report: Optimism for Construction Growth in the Next Year Remains High

Research reveals 96% of respondents are very or fairly optimistic about their organization’s growth prospects for the next year. The InEight Global Capital Projects Outlook also finds over half see digital technology as the greatest growth opportunity. But these are only some of the findings. Don't be kept in the dark when it comes to the future. Read the report today!

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A primer on progressive design-build

BD+C

Using this method, owners manage only one single source design-build entity contract as opposed to the multiple contracts used in traditional design-bid-build project delivery. Design-build entities are selected based on a procurement process that asks them to develop a design and cost proposal with performance guarantees with either a fixed price or a Guaranteed Maximum Price (GMP).

Design 79
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Nalco Water Opens Customer Experience Center

Contractor Magazine

Center showcases latest smart technologies to reduce freshwater use.

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Spending on megaprojects, already on the rise, could spike hard in the coming years

BD+C

Societies continue to move toward megacity cultures, lifestyles, and economies that are becoming more vital, in some cases, than the countries that spawn them. One result of this trend has been a growing tendency among owners, developers, and their Building Teams to package smaller and multiple commercial projects into large, single megaprojects whose construction costs exceed $1 billion, in spite of such projects’ historically erratic success rates and shortcomings.