The merger and acquisition (M&A) market took a nosedive in recent years, but rebounded swiftly. Investors who pulled back on purchases previously are looking to make use of their cash reserves while interest rates are low and tax rates are advantageous. If you are looking to sell your business...
This Week's Second Look
In Construction Career Collaborative (C3)’s endeavors to create a safe, skilled and sustainable craft workforce, we encounter outstanding workforce programs that frequently fly under the radar of construction employers. One of those is United Way of Greater Houston’s THRIVE, which administers a...
Later this year, Democrats in the US House of Representatives plan to restart their push to penalize companies that compensate their workers as independent contractors when, by law, they should be classified as employees and compensated as such. Of course, there are many legitimate uses of...
Business leaders met recently at Amegy Bank in Houston for a town hall discussion on the need for immigration reform to alleviate unprecedented labor shortages as the number of open jobs in the US remains at an all-time high. Experts on immigration policy made the case for bipartisan legislation...
Some worksites may look like a scene from one of the Terminator movies soon if construction firms adopt widespread use of bionic suits for some of their skilled craftsmen and women.As far as we can tell, no one in the industry believes the exoskeletons will be widely adopted until the year 2020....
The Piedmont at River Oaks is a four-story luxury apartment complex comprised of 80 residential units and a parking garage. Located in Montrose, also known as “The Heart of Houston”, the residents are minutes from restaurants, parks, museums, retail and running trails. Built in 2006, time and...
The following article originally appeared in the January newsletter to clients of FMI Corporation. Reprinted with permission.The war for talent continues and exacerbates. Many industries seek the logical, orderly minds that are the hallmark of our industry’s best project managers and...
In the construction industry, there are many terms that attorneys have written into modern-day contracts to confuse contractors with legalese and intimidate them into agreeing to terms they do not fully understand. Learning these terms is essential to the survival and success of construction...
How companies in the commercial construction industry are addressing the worker shortage in their respective organization varies greatly. From compensation to prefabrication, they are doing what is necessary to meet their needs in recruiting and retention. So, with July being National Retirement...
