The construction management joint venture has committed to a target of 35% of project subcontracts to be awarded to local and minority- and woman-owned businesses.
Nearly 1,000 U.S. construction workers died of work-related injuries each year from 2011 to 2020, with the industry accounting for 20% of all workplace deaths, even though it made up just 7.3% of the national workforce.
With demand for construction equipment running high amidst a busy few years of construction, the hunger for new machines was visible at the triennial CONEXPO-CON/AGG trade show, held March 14-18 in Las Vegas.
As compensation for labor and staff continues to rise, executives are keeping pace and garnering some of the biggest pay increases seen in the C-suite in over 15 years.
With the economy so far navigating through recession risks, ENR’s Construction Industry Confidence Index shot up 11 points this quarter to a cautiously pessimistic 44 rating, with 68% of survey respondents seeing the current market as either stable or improving, up from 62.7% last quarter.
If you could foresee construction problems, wouldn’t you prevent them from happening? In the 2002 film “Minority Report,” police use the foreknowledge of psychics called “precogs” to predict and preemptively stop crimes.