Business: Page 297

Construction Safety
Triax Technologies Introduce Intrinsically Safe (IS) Products to Boost Safety
Triax Technologies, Inc.
Solutions help organizations optimize capital projects, daily operations that enable safer operations through social distancing and contact tracing.
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Infrastructure
Infrastructure Construction Jobs Decline Even As Construction Adds 158,000 Workers In June
Associated General Contractors of America (AGC)
Gains in June are concentrated in home building as state and local governments postpone or cancel roads and other projects in the face of looming budget deficits
Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1%.
COVID-19
65% of Cities Cutting Infrastructure Projects in the Face of $360B Revenue Pitfall
National League of Cities study shows 70% of cities have not received funding through the CARES Act and 24 states have not yet announced plans to distribute Federal Coronavirus Relief Funds to local governments
Nlc Data1
Labor & Workforce Development
AEM to Host Virtual Workforce Solution Summit
This three-day virtual event, August 10-12 2020, will feature two 45-minute sessions per day delivering education and ideas on workforce solutions.
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Business
May US Construction Spending Bucked Rising Employment with a 2.1% Drop
Most of the drop owed to an 8.5% plunge in single-family housing spending but nonresidential was also negative, weighed down by falling power, commercial and manufacturing
May2020 Us Construction Spend History
COVID-19
Adapting to Post-COVID-Pandemic Construction
Linesight
The pandemic has caused almost all major industries to evolve how they operate, but construction has found itself with the unique opportunity to reform and innovate
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Business
ASCE Releases COVID-19 Infrastructure Report Card
The American Society of Civil Engineers (ASCE) released a 14-page report on how the Coronavirus pandemic is making the condition of our already crumbing roads and bridges even worse.
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Business
Hyundai Construction Equipment Adds Nordmax Inc. to Grow North American Distribution Network
Hyundai Construction Equipment Americas Inc.
With the addition of this new dealership, Hyundai’s North American network now includes over 75 dealerships operating in just over 160 locations.
Hyundai adds Nordmax Inc. to expand network.
Business
PPP Extended with $130B in Funds Remaining
How to apply for the Paycheck Protection Program’s forgivable loans, now modified with longer period to spend and lower percentage that must be dedicated to payroll
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Podcasts
Pennsylvania Contractor Poole Anderson Construction Shares Lessons Learned From the COVID-19 Pandemic
Stephanie Schmidt, president of Pennsylvania-based Poole Anderson Construction, shares how her company positioned itself to move ahead both during and after the coronavirus pandemic shutdown.
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Business Services
How Surety Bonds Work in Case of Construction Contractor Default
Bryant Surety Bonds Inc.
As a contractor, your surety provider can actually be your ally in finding creative, and equitable, solutions in case default can’t be avoided
A surety bond represents a business relationship that promises to offer construction contractors support and assistance if they run into financial or performance-related difficulties.
Construction Safety
Pure Safety Group Names Sales Leader for Western US
Pure Safety Group
Pure Safety Group (PSG) named Randy Fernandez as head of sales for PSG’s western region of the U.S.
Randy Fernandez
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