Business: Page 524

Construction News
[Video] Doosan Bobcat North America Headquarters Grand Opening
Doosan Bobcat North America sets the foundation for future growth with its completion of a $9.5 million company headquarters expansion
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Construction News
Doosan Bobcat North America Completes $9.5 million West Fargo Headquarters Expansion
Bobcat Co.
Expansion doubles the square footage and employee capacity of the original headquarters building
Several dignitaries and special guests delivered remarks during the grand opening ceremony. From left: U.S. Senator John Hoeven; Elaine L. Chao, U.S. Secretary of Transportation; Rich Goldsbury, president of Doosan Bobcat North America; North Dakota Governor Doug Burgum; and West Fargo Mayor Rich Mattern.
Construction News
$527.8 Million in Airport Infrastructure Grants Announced
Grants awarded to 584 airports across the U.S. as part of the FAA’s Airport Improvement Program
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Business
April US Construction Spending Slips from Robust Q1 Level
The dip in value of US construction put in place in April was the largest in a year after March’s total construction spending was revised up to an all-time high for the series
Private spending on residential projects slowed in April, down 0.7% for the month on sinking multifamily outlays, even though spending on single-family construction grew 0.8%.
Business
Help Your State Officially Declare Careers in Construction Month, Win a Prize
Build Your Future is giving out prizes to the first 10 states who officially proclaim October as Careers in Construction Month
This year Build Your Future is giving out prizes to the first 10 states who officially proclaim October as Careers in Construction Month.
Business
Nonresidential Construction Spending Falls 1.7% in April
Associated Builders and Contractors Inc. (ABC)
In April, 13 of 16 nonresidential construction segments experienced spending declines
Nonresidential construction spending fell 1.7% in April 2017, totaling $696.3 billion.
Construction News
Trump's Budget Proposal Could Worsen the Skilled Labor Shortage
Career and technical education programs, apprenticeship grants, and the Workforce Innovation and Opportunity Act all face proposed budget cuts
In the President's proposed 2018 budget, career and technical education programs under the Department of Education could see a 15% budget cut.
Construction News
Construction Employment Continues to Increase with Strong Private Sector Demand
Associated General Contractors of America (AGC)
Construction employment increased in 217 out of 358 metro areas between April 2016 and April 2017
“Construction employment continues to expand in the majority of the nation’s metro areas,” said Ken Simonson, tagc’s chief economist. “Many firms are adding new employees as they work to keep pace with demand for new private-sector projects.”
Concrete
PCA Forecasts 3.5% Cement Consumption Growth Annually in Next Two Years
American Cement Association
Spring 2017 Forecast factors U.S. infrastructure, tax reforms, labor issues into outlook.
Construction News
Ritchie Bros. Completes Acquisition of IronPlanet
Ritchie Bros. Asset Solutions
Acquisition accelerates Ritchie Bros.’ strategy of becoming a one-stop, multichannel company where customers can buy, sell or list equipment, when, how and where they choose
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Business
Keeping Asphalt Cool
Researchers are working to reduce the heat island effect hot pavements can create for cities
Workers apply a cool pavement coating to a street Saturday May 20, 2017 in Canoga Park. The coating is designed to reduce temperatures on the the surface of streets during Southern California heat waves.
Events
[WEBINAR] Advocating for Your Construction Industry and Career
This free AGC webinar (June 8) will help you become an effective construction advocate when communicating with elected and federal regulatory officials
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