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| GroundBreak Carolinas Construction Digest
04/25/2024
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Clemson University's 3rd Annual Construction Industry Symposium, a one-day regional conference, is scheduled for Thursday, October 11, from 8:30 a.m. to 4:30 p.m. at the Greenville, S.C. Marriott. Themed, "The Ever-Changing World of Construction: Today's Challenges, Tomorrow's Opportunities," the day will kick off with an economic outlook for the construction industry presented by keynote speaker, Dr. Bruce Yandle, Dean Emeritus, Clemson University College of Business & Behavioral Science.
Conference organizers are projecting an audience of more than 250 construction and design professionals — primarily from the Carolinas and Georgia. Like previous events in 2016 and 2017, Clemson's 2018 Symposium will bring together a cross-section of attendees — facility owners, construction companies, specialty contractors, designers, vendors and
other construction industry service providers.
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"Pay-if-paid" and "pay-when-paid" clauses are commonly found in construction contracts. Their potential benefit – at least to the upstream contractor – is obvious: if the clause is interpreted literally, risk of non-payment from an owner or general contractor is pushed downstream. In other words, the contractor is under no obligation to pay his subcontractors unless – and until – the general is paid by the owner. However, in practice, these clauses actually function far differently than how they may initially appear. State legislatures and courts often dictate how these clauses will be interpreted, and that interpretation can vary greatly from state to state. Read More
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Carolinas AGC (CAGC) presented Top Young Leader Awards to Traci Griswold Strickland (Eldeco, Inc.) and Tyler Turnbull (Catalyst Surety Partners, LLC) at this year’s Summer Summit & Expo at Jekyll Island, Ga. CAGC’s Top Young Leader Award recognizes those who play critical roles in the community and professional arenas of the construction industry. Read More
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The Site Selectors Guild (SSG), the association of the world’s leading corporate location advisors, will hold its 2018 Fall Forum in Greenville, S.C., from September 10 – 12. The Forum will bring economic developers and site selection consultants from around the globe to the Hyatt Regency Greenville. The South Carolina Department of Commerce is hosting the 2018 Fall Forum.
Read More
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More than 400 attendees representing Triangle area construction industry companies and service providers united around a common cause – the health, safety and wellness of the community –at the Third Annual Hard Hats with Heart event on Thursday evening, September 6, 2018. Presented by Brasfield & Gorrie, Skanska, RMF Engineering and Builder Mutual, Hard Hats with Heart was held at PNC Arena in Raleigh.
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Construction is a risky business, which is why builder’s risk insurance can help your business. Unforeseeable forces, like fire or other natural disasters, can destroy or damage new construction. They can also push back the timeline causing financial harm to owners and subcontractors. Read More
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ENR recently selected its Southeast Specialty Contractor of the Year—Davidson, N.C.-based Wayne Brothers Inc. The specialty concrete and civil construction contractor experienced good revenue growth in 2017, the year covered by this year’s survey. The firm’s Southeast revenue for 2017 totaled roughly $96.7 million, up roughly 16% from the $83.38 million it reported for last year’s ranking.
Read More
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The forecast for demand for industrial space has risen because of increased expectations of broad macroeconomic growth and job generation for the remainder of 2018 and 2019. According to Dr. Hany Guirguis of Manhattan College and Dr. Joshua Harris of New York University, quarterly net absorption is expected to increase to an average of 60 million square feet for the latter half of 2018 and then moderate to 56 million square feet per quarter in 2019. Read More
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FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, released its 2018 Construction industry compensation data.
FMI Compensation offers a holistic picture of total rewards, including compensation benefits, work-life balance, rewards and recognition, training and development, retirement, phones, vehicles, pay practices, family leave and more.
Read More
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National nonresidential construction spending declined 0.3 percent in July, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $748.8 billion on a seasonally adjusted, annualized rate in July, an increase of 5.3 percent from the same time last year. Private nonresidential spending fell 1 percent in July, while public nonresidential spending expanded 0.7 percent
Read More
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GroundBreak Carolinas LLC
10 Gilder Point Ct
Simpsonville, SC 29681
United States
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