Business: Page 269

Factory_OS Raises $55 Million to Advance Modular Construction to Help Solve Housing Crises

Factory_OS announced that it has raised $55 Million in Series B funding to further advance industrialized construction, market expansion, and technology and policy innovation to make building multifamily housing safer, more sustainable and less expensive.

Building nearly 1000 units to date, Factory_OS creates multifamily housing using off-site factory construction that delivers high-quality housing faster and at lower costs. The Mayfair is one example, built in El Cerrito, Calif., with 156 units at a rapid transit system station.

Labor & Workforce Development

How Much Should a Concrete Finisher Make?

Concrete finishers earn an average of $30,000 - $70,000 per year. How much should you be making?

The average salary for a concrete finisher in the United States is $30,000 to $70,000.

Equipment Finance Sector Shows Activity Up 6% in October But Down 9% YOY

Equipment Leasing & Finance Foundation

Cumulative new business volume year-to-date is down almost 6% compared to 2019 as pandemic continues to impact activity.

Newbusinessvolume 1020

How MIPS Technology Can Reduce Brain Injuries Hard Hats Don’t Cover

Multi-directional Impact Protection System can help mitigate risks and make workers safer on jobsites.

Construction Employment is Down in Three-fourths of States Since February, After 36 States Add Construction Jobs In October

Associated General Contractors of America (AGC)

New York and Vermont post worst losses since February as Virginia and South Dakota add the most; Maryland records worst one-month job losses, while California and Alaska post biggest gains

Construction Costs Reverse Seven Months of Decline in November

The IHS materials and equipment cost sub-index continues to fall, but the sub-index for subcontractor labor cost increased across virtually all regions in the US and Canada

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Treasury Confirms Expenses Paid with Forgiven PPP Funds Not Deductible

‘If a business reasonably believes that a PPP loan will be forgiven in the future, expenses related to the loan are not deductible, whether the business has filed for forgiveness or not,’ said the U.S. Treasury Department.

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Construction Technology

Intel CEO Asks Biden to Invest in Manufacturing

Bob Swan, Intel's CEO, addressed an open letter to President-Elect Joe Biden, calling for an increase in U.S. manufacturing and digital infrastructure.

Intel CEO Bob Swan

Construction Technology

Zoom Improves Cybersecurity, Receives Awards

Zoom has added new features to its video conferencing service to improve security.

Zoom encryption

Personal Protection Equipment

5 Tips for Choosing the Best Construction Gloves

Finding the right glove for the job is as important as matching any other tool of the trade to the task at hand.

Professional-grade work gloves make the job more comfortable and protect your hands to keep you safer on the jobsite.

Training & Education

NCCER and BYF Announce Scholarship and I BUILT THIS! Contest Winners

The National Center for Construction Education and Research (NCCER)

BYF, an initiative to recruit the next generation of craft professionals, presents the recipients of the Careers in Construction Month scholarships and I BUILT THIS! contest winners.

Build Your Future (BYF) is NCCER's national image enhancement and recruitment initiative for the construction industry.

Time To Drive Pervasive Slavery Out of Construction

18% of today’s forced labor occurs in the construction and producing construction materials, and the industry can act to deliver slavery-free infrastructure

Slavery

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