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Business: Page 302
Business
Coronavirus Rarity: Construction is Starting on a 42-unit Luxury Condo Building in Chicago's Loop
The timing is curious because the developer behind the $34 million building at 1400 W. Monroe St., JK Equities, has halted work on a much larger Chicago project because of COVID-19 safety concerns
Business
May's Highway Trust Fund Receipt Plunge is a Transportation-Funding Tsunami for States
American Association of State Highway and Transportation Officials (AASHTO)
Tax-receipt deposits credited to the trust fund in May fell 79% from May 2019 levels, and the lag in reporting tax-receipt data allows congressional attention to supporting states through the coronavirus crisis to wander
Trench Shoring & Shielding
United Rentals Offers Free Trench Safety Stand Down Digital Learning Series
United Rentals Inc.
The trench safety digital learning series takes place during the Trench Safety Stand Down, June 15 to 19
Apps
Trade Hounds
Trade Hounds plans to use the funds from the seed round to continue to expand its user base, roll out a Jobs platform and expand its team
Business
Coronavirus Disruptions Expected to Shrink French Construction Industry by 9.4% in 2020
Despite being exempted from the nationwide COVID-control lockdown, the French construction industry’s growth fell sharply by 14.1% in the first quarter of 2020
Safety Equipment - Other
Brokk Atomized Water Mist System
Brokk
System combat harmful silica dust and other airborne particles created by the demolition process
Business
Why Contractors Should Attend the Ignite Construction Summit
The Ignite Construction Summit is the industry’s premier management-focused education and networking program, specifically designed for business owners and top-level managers who are dedicated to “lighting a fire” within their company.
Business
Construction Input Prices Rise in May
Associated Builders and Contractors Inc. (ABC)
The rise in prices was driven primarily by the three energy subcategories -- crude, natural gas and unprocessed energy products -- which experienced significant increases over the previous month
Construction News Tracker
[NEWS TRACKER] Construction Delays Expected from Coronavirus and Protests
Caterpillar - Cat
Construction in several major cities has been impacted by ongoing protests and delays continue from impacts of the coronavirus pandemic; plus more industry news in the June 11, 2020, edition of Construction News Tracker.
Construction Safety
New Jersey Contractor Racks Up $1.9M in OSHA Fines for Willful and Serious Violations
Occupational Safety & Health Administration
Dept. of Justice filed suit early in 2019 against the framer to collect 2013 and 2017 penalties, and new investigations beginning last December yielded citations for exposing workers to safety hazards at four Bergen County, New Jersey sites
Construction News
Marcum Issues First Quarter Construction Index
Construction spending data stable, investment in structures down, almost one million construction jobs lost.
Business
Bankers Urge Streamlining of PPP Loan Forgiveness Process
Independent Community Bankers of America told the Treasury Department why an unnecessarily complex forgiveness process compromises the Paycheck Protection Program potential to facilitate a strong economic
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