Wed.Jul 31, 2024

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Construction job openings plummet 19%

Construction Dive

Analysts continue to attribute major changes in labor demand to residential construction, as the commercial sector retains momentum.

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Top Countries with the Highest Construction Expenditure in 2024

Building Radar

The global construction industry is a dynamic sector where expenditure patterns can reveal much about economic priorities and growth strategies. As we move into 2024, several countries are leading the way in construction expenditure, reflecting their commitment to infrastructure development and urban expansion. This article explores the top countries with the highest construction expenditures this year and provides insights into the factors driving these investments.

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Idaho hangar builder cited for ‘irresponsible construction methods’

Construction Dive

OSHA fined two companies over $200,000 collectively, just a few weeks after the families of two workers who died filed suit against the contractors.

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Deal With US Investment Firm Advances $3.6B Kenyan Road Project

ENR Construction

A recent agreement signed with Everstrong Capital will allow Kenya to revive a much-needed highway project linking Nairobi and Mombasa.

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A Practical Guide to Profitable, Sustainable Construction Strategies

The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.

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More contech deals, fewer dollars mark 2024’s first half

Construction Dive

Innovations focused on green construction raked in the most money in the second quarter, capturing about 35% of total investment, according to Cemex Ventures.

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July 2024 wins: Contractors report their latest awards

Construction Dive

Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Granite, Gilbane, Tutor Perini, Bechtel and McCarthy.

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Obituary: Jim Maxwell, 76, Was Innovator in Deep Foundations Work

ENR Construction

Chair of Chelmsford, Mass.-based Hub Foundation Co. Inc.

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Brinkmann Constructors founder steps down

Construction Dive

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

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Obituary: Jim Maxwell, 76, Was Innovator in Foundations

ENR Construction

Chair of Chelmsford, Mass.-based Hub Foundation Co. Inc.

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The Funding Blueprint for Your Construction Business – Your Guide to Growth

Take your construction business to the next level with our comprehensive 2025 funding guide! Whether you're managing seasonal cash flow challenges, dealing with unexpected equipment repairs, or planning to scale your operations, securing the right funding is essential for success. This guide explores a range of fast and flexible financing options tailored for construction businesses.

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Mentor-Protégé Program Pitfalls: Insights from Yorktown and Threat Tec’s Dispute

Federal Construction Contracting Blog

Under the Small Business Administrations (SBA) mentor-protg program, smaller businesses are afforded the tools to compete for government contracts by partnering with larger businesses that serve as mentors to the small businesses. In theory, both the mentor and the protg benefit under the program, with the mentor gaining access to set-aside small business contracts that it would not otherwise be eligible for and the protg receiving the advantages of the mentors experience, knowledge, and resourc

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Keynote Speakers to Watch at Construction Industry Events in 2024

Building Radar

In 2024, the construction industry is set to host a series of dynamic events featuring influential keynote speakers. These events provide industry professionals with insights into the latest trends, technologies, and strategies. Here, we highlight some of the keynote speakers you should watch out for at these events. Top Keynote Speakers 1. Michael Green Michael Green, a renowned architect and advocate for sustainable building practices, will be speaking at multiple events this year.

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How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth

Construction Business Owner

How to Leverage Construction Metrics and KPIs for Profitability and Long-Term Growth Unlocking strategic insights for long-term profitability for your construction business. mhodges Wed, 07/31/2024 - 09:19 Long-term construction profitability requires a methodical approach based on timely, accurate, and complete information. While financials are an essential indicator of project and company success, large, complex projects involve many factors that demand scrutiny beyond mere financial metrics.

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Top Construction Trade Shows and Exhibitions to Attend in 2024

Building Radar

The construction industry is rapidly evolving, with new technologies and methodologies being introduced each year. Attending trade shows and exhibitions is an excellent way for professionals to stay updated on the latest trends, network with peers, and discover innovative solutions. Here are some of the top construction trade shows and exhibitions to attend in 2024. 1.

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How Poor Planning and Budgeting Lead to Construction Cost Overruns

Budgeting, forecasting, and financial planning directly impact construction project outcomes. Inaccurate projections lead to cost overruns and delays. This guide outlines best practices for financial discipline, including forecasting methodologies, resource allocation strategies, and risk mitigation frameworks. Industry leaders recognize that precise financial control is essential for profitability and project stability.

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Must-Attend Construction Industry Events in 2024

Building Radar

The construction industry is constantly evolving, with new technologies, methodologies, and best practices emerging every year. Staying ahead of the curve requires continuous learning and networking, which is why attending industry events is so crucial. Here are some must-attend construction industry events in 2024 that offer invaluable opportunities for professionals to expand their knowledge, network with peers, and discover the latest innovations. 1.

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Discover the Largest Construction Company in the World in 2024

Building Radar

As the construction industry evolves, certain companies lead the way in scale, influence, and innovation. In 2024, the title of the largest construction company globally goes to China State Construction Engineering Corporation (CSCEC). This article delves into CSCEC’s background, achievements, and its significant impact on the industry. In-Depth Profile: The Largest Construction Company Company Background and History China State Construction Engineering Corporation (CSCEC) was founded in

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Understanding the Contribution of the Construction Industry to US GDP

Building Radar

The construction industry plays a pivotal role in the US economy, contributing significantly to the Gross Domestic Product (GDP). This article explores the construction industry’s impact on GDP, highlighting its economic importance and the factors that drive its contribution. The Construction Industry’s Economic Impact Contribution to GDP The construction industry is a major component of the US economy.

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How Technology Will Impact the Construction Industry in 2024

Building Radar

The construction industry is on the brink of a technological revolution. As we move into 2024, advancements in technology are set to transform how construction projects are planned, executed, and managed. This article explores the key technological trends and their implications for the construction industry. Key Technological Trends in Construction Building Information Modeling (BIM) Building Information Modeling (BIM) has been a game-changer in the construction industry.

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The Constructor's Digital Transformation Playbook: Reducing Risk With Technology

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

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The Role of Technology in Promoting Sustainable Construction Practices

Building Radar

Sustainable construction practices are increasingly critical as the world grapples with environmental challenges. Technology is playing a pivotal role in advancing these practices, driving efficiency, reducing waste, and promoting greener building methods. This article explores how technological innovations are shaping sustainable construction and highlights the benefits they bring.

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Exploring Different Building Products for Modern Construction Projects

Building Radar

Modern construction projects are increasingly defined by the materials used, which impact everything from durability and energy efficiency to aesthetics and cost. This article explores a range of innovative building products transforming the construction industry today, highlighting their applications and benefits. Innovative Building Products 1. Sustainable and Eco-Friendly Materials Sustainable construction materials are at the forefront of modern building practices.