If you have worked in the construction industry for any amount of time, you know that payment is not guaranteed. You also know that even if you are paid, it is often later than originally promised. This is because the construction industry runs on credit. You provide labor and materials that you...
This Week's Second Look
A recent survey by Dodge Data & Analytics and Sevan Multi-site Solutions of owners who have multi-site construction and contractors who do that work reveals some vastly different positions on “critical success factors” in the construction process. The survey findings were reported in a Dodge...
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...
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...
The Home Depot Foundation announced that it was making a commitment of $50 million to the expansion of its training programs and to training 20,000 skilled craft workers over the next 10 years.This new commitment comes on the heels of their “pilot trades training program” for separating military...
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...
Construction Career Collaborative (C3) offers the construction workforce development professional certificate course developed by National Center for Construction Education & Research (NCCER). The course, focused on preparing individuals to run the...
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...
