2022

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Exploring Exit Plan Strategies

Construction Business Owner

Exploring Exit Plan Strategies. Alex Headley. Mon, 01/10/2022 - 09:25. The United States construction market is a $2.4 trillion dollar industry, with over 4 million participants as of September 2021. Since the aftermath of the 2008-2009 financial recession, the growth in new construction companies has ballooned; approximately 81,000 new construction companies per year have entered the market, on average, since 2014.

Plans 380
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3 Ways Machine Learning Can Be Useful in Construction

Pro Builder

3 Ways Machine Learning Can Be Useful in Construction. ibush. Thu, 02/10/2022 - 16:11. When most people hear “machine learning” or “artificial intelligence,” the last thing that comes to mind is a technology that requires human interaction. Usually, it’s the opposite. More computers and more technology mean fewer humans need to be involved. Machine learning can, however, improve the daily lives of humans in industries of all natures, particularly in construction.

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Manufacturer, Agribusiness To Invest Over $94M In South Carolina Expansions

Business Facilities

In South Carolina, SHL Medical to invest $90 million in its new North Charleston manufacturing site; City Roots will invest $4.4 million to expand in Richland County.

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5 Reasons to Move to Integrated Digital Delivery (IDD)

Autodesk Construction Cloud

The last few years have been a challenge for Singapore’s construction sector. Amid falling demand, spiralling debts and waning investor confidence, the arrival of a global pandemic almost brought the industry to its knees. And, as borders closed, so too did access to the vital pool of migrant labour and the pre-cast components used in built-to-order construction projects.

BIM 130
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Forecasting With Confidence: How Contractors Can Solve Four Common Challenges

At the highest level, contractors understand the importance of accurately predicting and preparing for variances in costs or schedules when delivering a construction project. In fact, leaders know it is essential to the profitability, cash flow and potential viability of projects. For that reason, forward-thinking decision-makers who know that forecasting is a complex process, also realize that this is not feasible by using out-of-date systems.

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Rethinking rebar: Reinforcement goes green

Construction Specifier

Photo by Ricardo Gomez Angel. By Chris Bennett, iSCS, CDT, and Aurora Jensen. Reinforcing bar, commonly known as “rebar,” comes in the form of mesh, wires, or bars, and is designed to strengthen concrete under tension. Describing it in a more humanistic manner, one could consider rebar as a part of the muscular skeletal system of a building. Together, rebar and concrete work to resist tensile forces and increase the utility of a structure.

Green 128

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Why Construction Scheduling Software is More Efficient

Lets Build

Construction projects are complex, and project managers have to take many factors into account. Fortunately, construction scheduling software makes it easier to keep your project on track and stay in control. We’ll cover the benefits of scheduling software for construction crews, the best construction scheduling apps, and how to improve your communication and coordination throughout every project. 5 advantages of construction project scheduling software.

Schedule 179
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5 Questions for Effectively Recruiting a Younger, More Diverse Workforce

Construction Business Owner

5 Questions for Effectively Recruiting a Younger, More Diverse Workforce. hirvin. Mon, 06/20/2022 - 15:36. Several years ago, the construction industry was faced with a looming concern: the overwhelming number of workers set to retire over the next decade. A study conducted in 2019 determined that 41% of the construction workforce at the time was expected to retire by 2031.

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Infrastructure Study Finds Inefficiencies & Opportunities for Design-Build

Construction Business Owner

Infrastructure Study Finds Inefficiencies & Opportunities for Design-Build. Alex Headley. Fri, 01/28/2022 - 08:30. Travelers, the second-largest writer of United States commercial property casualty insurance and the largest writer of surety bonds in North America, has released the findings of a new infrastructure study that followed 224 heavy civil construction projects from 2004 to 2020.

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Protecting Against Environmental Risk in Changing Climates

Construction Business Owner

Protecting Against Environmental Risk in Changing Climates. Alex Headley. Tue, 01/18/2022 - 09:45. Already expecting a downturn, the commercial construction industry was further impacted when COVID-19 either delayed or shuttered projects nationwide and a seemingly endless barrage of storms caused more than $95 billion in damages across the United States alone.

Risk 367
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Leading the Way in Construction EHS Software

The Verdantix Green Quadrant: EHS Software 2023 is an independent third-party analysis of 23 EHS software vendors (including Intelex) that provides an in-depth look at the technical capabilities, application breadth, innovation focus, and momentum of key environmental, health, and safety management software market players. The guide is essential reading for EHS software benchmarking, especially for understanding unique vendor strengths and capabilities.

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Modern Technology Provides the Solution for Recruiting New Employees

Construction Business Owner

Modern Technology Provides the Solution for Recruiting New Employees. Alex Headley. Thu, 01/20/2022 - 09:35. Employees are the backbone of every company, no matter what industry they are in. To create a culture of top-notch results, a company must have high-quality employees at the helm. It takes a companywide effort, from the executives to the bottom line, to make a company successful.

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Reality in Job Cost Integrity

Construction Business Owner

Reality in Job Cost Integrity. Alex Headley. Wed, 01/12/2022 - 08:45. The vicious job loop is an endless cycle of misrepresentations and mistruths. There are so many things that can go wrong in job cost reporting and the interesting thing is that most of the issues lie not in information technology but with human psychology. Sure, there was a time when there was not a great, seamless system of real time feedback, allowing construction organizations to make project course corrections.

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Louisiana Is Built For Film And TV Production

Business Facilities

Louisiana’s many advantages­ — including incentives, facilities and skilled crews — attract major productions. The post Louisiana Is Built For Film And TV Production appeared first on Business Facilities Magazine.

Louisiana 137
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Inside the Mind of the High-Performance Homebuyer

Pro Builder

Inside the Mind of the High-Performance Homebuyer. ldeakins. Wed, 01/05/2022 - 14:29. New data sheds light on what homebuyers really care about when it comes to sustainability, helping builders improve their products. Suzanne Shelton. In the summer of 2020, in collaboration with the Energy & Environmental Building Alliance ( EEBA ), my firm, Shelton Group , launched WNDO, a survey platform specifically designed to gain actionable insights from high-performance homebuyers at five points along the

Income 136
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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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Rankings Recognize Best Metros For Corporate HQs, Business Climate

Business Facilities

In Business Facilities’ 2022 Metro Rankings Report, cities across the U.S. and Canada are hot spots for corporate headquarters, best business climates.

Metro 145
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Sustainable Manufacturers Invest $24.5M In South Carolina Growth

Business Facilities

Greif will invest $13 million over the next five years to expand in Greenville County; Aerofoam USA is establishing a $11.5 million operation in Abbeville County. .

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3M Company Investing $470M In East Tennessee Expansion

Business Facilities

Fortune 100 company 3M will add nearly 600 new jobs at its manufacturing operations in Clinton, TN by 2025. The post 3M Company Investing $470M In East Tennessee Expansion appeared first on Business Facilities Magazine.

Tennessee 131
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Workforce Development To Get The Job Done

Business Facilities

Access to a quality workforce is a top priority for companies considering where to relocate or expand. Here’s a look at what some top locations across the U.S. are doing to address today’s workforce.

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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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The New Home Trends Institute Releases New Insights Report

Pro Builder

The New Home Trends Institute Releases New Insights Report. ecatalano. Fri, 07/22/2022 - 10:44. The New Home Trends Institute recently released its July 2022 Survey Insights Report, outlining changing homebuyer expectations, the reallocation of indoor and outdoor spaces, and how floorplan design continues to react to new consumer demands. The New Home Trends Institute, from John Burns Real Estate Consulting in partnership with Pro Builder , just released its July 2022 Survey Insights Report.

Housing 125
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Exact Sciences Commits $350M To Wisconsin Expansion

Business Facilities

Cancer screening and diagnostics company Exact Sciences will create 1,300 jobs at its new Madison, WI facilities. The post Exact Sciences Commits $350M To Wisconsin Expansion appeared first on Business Facilities Magazine.

Wisconsin 126
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Construction Worker Suicide: A Fragile Balance

Pro Builder

Construction Worker Suicide: A Fragile Balance. ibush. Fri, 08/05/2022 - 07:00. Construction workers often struggle with mental health, and suicide rates in construction are high compared with other industries. The construction industry is finally paying attention to this issue and including mental health in the conversation about construction jobsite safety.

NAHB 124
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The Eyes Of Texas

Business Facilities

Texas remains at the front of the pack in terms of economic development. And, interest in the Lone Star State from companies that need to relocate or expand might just be starting to heat up even more.

Texas 122
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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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Level Up Design and Coordination Workflows with Accessible Reality Capture 

Autodesk Construction Cloud

Picture this: your construction firm is looking to bid on a project to renovate an old factory into a new office building. The owner wants to preserve the structure’s historic look and feel while revamping the building’s internal layout and adding modern amenities. . It’s an exciting project, but it also comes with a host of challenges.

Design 119
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Virginia Leads States In Tech Talent Pipeline, Cybersecurity Rankings?

Business Facilities

Virginia once again earned top spots for both Tech Talent Pipeline and Cybersecurity in Business Facilities' 18th Annual Rankings Report.

Virginia 136
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Alabama Launches $231M Rail Project Program

Business Facilities

A $231.6M program of rail projects has been proposed to upgrade economic development infrastructure in central and southern Alabama. The post Alabama Launches $231M Rail Project Program appeared first on Business Facilities Magazine.

Alabama 120
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Design Ideas for Cost-Efficient Single-Family Detached Homes

Pro Builder

Design Ideas for Cost-Efficient Single-Family Detached Homes. ibush. Fri, 04/01/2022 - 07:00. Detached-home solutions ranging from 900 to 2,300 square feet that offer attainable single-family housing with flair. Creating attainable single-family detached homes was really difficult before the pandemic. Now, with material supply shortages and ever-escalating sales prices, the challenge has become even more intense while the need has never been more critical.

IDEA 119
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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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AU 2022 Is Back In Person and We Want to Hear from You

Autodesk Construction Cloud

Call for Construction Session Proposals. Autodesk University 2022, a top construction industry event, will be here before you know it. This year, we’re thrilled to announce we’ll be back as an in-person conference on September 27-29 in New Orleans, Louisiana. The event promises to bring even more value and insight this year, and we want you to be a part of it!

Autodesk 119
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Metro Rankings Report Honors Thriving Industrial Parks, Logistics Leaders

Business Facilities

Elk Grove Business Park, IL leads Industrial Parks, while Memphis, TN tops Logistics Leaders in Business Facilities’ 18th Annual Rankings Report.

Memphis 131
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The Power of Augmented Reality (AR) in Construction

Autodesk Construction Cloud

Augmented reality (AR) has proven its value across multiple industries and has demonstrated that it can be leveraged beyond the realms of gaming and entertainment. As such, the AR/VR market is expected to see a 77% CAGR from 2019-2023. In retail, brands are adopting augmented reality to enrich the online shopping experience, allowing shoppers to see what an item (e.g., a piece of furniture or appliance) might look like in their own environment.