Construction expert predicts flat material prices for second half of year
Construction Dive
JUNE 29, 2023
Labor shortages, a manufacturing boom and infrastructure work are keeping the industry from returning to pre-pandemic price levels.
Thu.Jun 29, 2023
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Construction workers secure 7.6% pay increase
Construction Enquirer
JUNE 29, 2023
Construction unions and contractors have agreed a pay increase from next month of at least 6% for around 500,000 site workers operating under the Construction Industry Joint Council agreement. In a two-stage CIJC deal, workers will receive a further 1.5% rise from 1 January 2024, delivering a compound increase of around 7.6%. Additionally, the lowest pay rate for labourers will increase by 8%, with the entire increase being introduced in July.
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Contractors swap hard hats for helmets
Construction Dive
JUNE 29, 2023
Increasing availability and better protection have made helmets the new standard for major contractors like Clark and DPR.
Costain cuts payments to company pension scheme
Construction Enquirer
JUNE 29, 2023
Costain has struck a deal to cut payments to the company’s pension scheme releasing more cash to invest in operations. Monthly payments to the defined pension scheme had increased to an annual payment of nearly £12m, paid in monthly instalments. But a new deal reached with pension trustees will see the payment cut to £3.3m a year, plus inflationary increases.
How Top Construction Firms Reinvent Cost Control
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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking. Learn how to structure contracts with price protections, streamline procurement workflows with automation, and avoid labor cost increases with smarter workforce planning.
Prologis acquires $3.1B Blackstone portfolio as industrial market cools
Construction Dive
JUNE 29, 2023
The multibillion-dollar move expands the real estate investment trust’s overall industrial portfolio into several key markets across the U.S.
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BMW breaks ground on $700M South Carolina battery assembly plant
Construction Dive
JUNE 29, 2023
The factory is part of the German automaker’s $1.7 billion investment to produce fully electric vehicles.
'Trade Secret' Startup Builds Modular Homes out of Ceramic
The Pro Builder
JUNE 29, 2023
'Trade Secret' Startup Builds Modular Homes out of Ceramic qpurcell Thu, 06/29/2023 - 09:28 A startup called Vantem constructs modular, factory-built homes that are energy efficient and affordable and can withstand extreme weather. Vantem achieves all that, explains founder and CEO Chris Anderson, by using an innovative panel for the floors, walls, and roofs.
Midyear check-in: How’s your construction firm doing?
Construction Dive
JUNE 29, 2023
As the halfway point of 2023 nears, UBS financial advisor Jason Lowy says that construction leaders should assess their year-end goals.
Eight Local Companies Kick Off A/E/C Intern Partnership Program
Civil + Structural Engineer
JUNE 29, 2023
The A/E/C Intern Partnership has kicked off its rotation schedule for the summer, offering interns from eight firms across the region the opportunity to better understand the cohesive work throughout the A/E/C industry. These experiences allow for interns to gain a deeper understanding of the work they could be doing in the future and how to work well with others.
The Constructor's Digital Transformation Playbook: Reducing Risk With Technology
Speaker: Dylan Secrest
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
HS2 team starts on UK’s first double composite viaduct – video
Construction Enquirer
JUNE 29, 2023
The first of 38 French-made steel beams that will be used to construct the UK’s first ‘double composite’ structure viaduct have arrived at HS2’s Wendover Dean site in Buckinghamshire. Manufactured by Eiffage Metal, 560 miles away from the Buckinghamshire site at a specialist facility in France, each of the 25m long steel beams are being transported on the back of extra-long lorries with special traffic management teams.
EV pothole threat prompts call for concrete roads
Construction News
JUNE 29, 2023
Data revealing the potential pothole damage caused by electric vehicles has strengthened the case for concrete roads, according to an industry body. Analysis by the University of Leeds shows that the average electric car more than doubles the wear and tear on roads, increasing the… The post EV pothole threat prompts call for concrete roads appeared first on Construction News.
Ant Yapi takes big fit-out job at Chelsea Barracks
Construction Enquirer
JUNE 29, 2023
Turkish-owned London specialist builder Ant Yapi UK has secured a major build project at the Chelsea Barracks redevelopment in South West London. The firm will deliver the fit-out for building 8 at the Belgravia scheme, which forms part of phase four of the long-running project. Multiplex is the principal contractor for phase four, which consists of three blocks, arranged around a private courtyard.
First beams for HS2’s ‘double composite’ low carbon Wendover Dean Viaduct arrive on site
New Civil Engineer
JUNE 29, 2023
High Speed 2 (HS2) is due to begin the deck construction of a 450m long viaduct in Buckinghamshire as the first of 38 steel beams for the low carbon structure have arrived on site. The post First beams for HS2’s ‘double composite’ low carbon Wendover Dean Viaduct arrive on site appeared first on New Civil Engineer.
Explore How Generative AI Is Optimizing Every Construction Stage
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Generative AI is already transforming how the construction industry operates. This concise guide walks you through its real-world impact on design, planning, job site logistics, and sustainability. Learn how contractors are using AI to reduce costs, improve worker safety, and shorten build times. Get a detailed look at the tools and platforms making it possible, including AI-driven robotics and material optimization.
WIN SOURCE Electronics Champions Sustainability in the Semiconductor Supply Chain
Civil + Structural Engineer
JUNE 29, 2023
SHENZHEN, China, June 28, 2023 (GLOBE NEWSWIRE) — As the semiconductor industry continues to grow, the need for sustainable practices within the supply chain becomes increasingly critical. WIN SOURCE , a top distributor in Asia, is leading the way in implementing sustainable measures within the semiconductor supply chain, focusing on construction, communication and implementation.
Annual Home Prices Fall for First Time in 6 Years, but There’s a Catch
The Pro Builder
JUNE 29, 2023
Annual Home Prices Fall for First Time in 6 Years, but There’s a Catch ldeakins Thu, 06/29/2023 - 12:59 U.S. home prices posted a gradual year-over-year decline in June, but affordability challenges persist amid rising mortgage rates and low for-sale inventory After six years of consecutive annual home price increases, the housing market posted its first decline since 2017 in June with median listing prices falling from the June 2022 all-time record high of $449,000 to $441,000, according to Rea
COWI to serve as Owner’s Engineer for green energy industrial parks in the State of Nevada
Civil + Structural Engineer
JUNE 29, 2023
COWI in North America has joined forces with SixCo Nevada, Inc., a green energy industrial park developer, to host and support biomass to green fuels, power-to-x, and renewable energy projects within rural Lincoln County, the State of Nevada, and across the United States. COWI, throughout the project development phase, will serve as Owner’s Engineer for SixCo and will be the lead technical integrator and optimization knowledge partner.
With Housing Market Supply and Demand Out of Sync, Home-Price Declines Are Shrinking
The Pro Builder
JUNE 29, 2023
With Housing Market Supply and Demand Out of Sync, Home-Price Declines Are Shrinking ldeakins Thu, 06/29/2023 - 13:07 Home prices posted a slight year-over-year decline in June, but monthly home-price drops are getting smaller The median U.S. home-sale price is down 0.9% year-over-year, but according to Redfin, home-price declines are shrinking. The typical U.S. home is selling for roughly $383,000 in June 2023, that's about $4,000 less than the all-time high set in June 2022.
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Aurigo Software to Modernize Statewide Planning and Federal Funding for Hawaii DOT
Civil + Structural Engineer
JUNE 29, 2023
AUSTIN, Texas , June 28, 2023 — Aurigo Software , the leading provider of capital planning and construction management software for infrastructure and private owners, announced it has entered into a multiyear contract with the Hawaii Department of Transportation (HDOT) to streamline the state’s transportation planning process. Hawaii’s Statewide Transportation Plan encompasses the state’s entire transportation infrastructure, ensuring that capital programs are comprehensive, integrated, and publ
Where the ‘Hidden’ Costs of Homeownership Are Adding up the Fastest
The Pro Builder
JUNE 29, 2023
Where the ‘Hidden’ Costs of Homeownership Are Adding up the Fastest ldeakins Thu, 06/29/2023 - 12:51 As regional home prices rise, so too are auxiliary costs, which include insurance, taxes, maintenance, and more U.S. home prices have risen from a median $327,100 in the fourth quarter of 2019 to $436,800 in the first quarter of 2023, and along with an uptick in the overall cost of today’s for-sale homes, auxiliary costs, including insurance, taxes, maintenance, and utility costs, are also reachi
Kaynemaile Announces Major Sustainability Move – up to 88% Gain
Civil + Structural Engineer
JUNE 29, 2023
(San Francisco, June 6, 2023) – Kaynemaile , a leading global designer and manufacturer of architectural mesh for commercial, residential, and public buildings, today announces a major shift from fossil-based raw materials to biomass content. Kaynemaile’s new RE8 Architectural Mesh (R.E/8 ) will deliver an ISCC PLUS certified sustainable share of up to 88% of its architectural product.
Annual Home Prices Just Fell for the First Time in 6 Years, but There’s a Catch
The Pro Builder
JUNE 29, 2023
Annual Home Prices Just Fell for the First Time in 6 Years, but There’s a Catch ldeakins Thu, 06/29/2023 - 12:59 U.S. home prices posted a gradual year-over-year decline in June, but affordability challenges persist amid rising mortgage rates and low for-sale inventory After six years of consecutive annual home price increases, the housing market posted its first decline since 2017 in June with median listing prices falling from the June 2022 all-time record high of $449,000 to $441,000, accordi
A Practical Guide to Profitable, Sustainable Construction Strategies
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The future of construction is sustainable, efficient, and cost-conscious. This guide offers a practical roadmap for reducing material waste, optimizing energy use, and integrating sustainable design principles. Discover how innovative construction firms are leveraging circular economy strategies, digital tracking, and energy-smart building solutions to reduce expenses and stay ahead of regulatory shifts.
On-the-ground net-zero progress is made by measurement
Construction News
JUNE 29, 2023
Richard Robinson is deputy co-chair of the Construction Leadership Council and chief executive of Atkins UK and Europe The built environment accounts for 43 per cent of UK carbon emissions. Without its contribution to the UK’s carbon-reduction efforts, the country will not meet its 2050… The post On-the-ground net-zero progress is made by measurement appeared first on Construction News.
The Housing Market Is Still Cooling, but Home-Price Declines Are Shrinking
The Pro Builder
JUNE 29, 2023
The Housing Market Is Still Cooling, but Home-Price Declines Are Shrinking ldeakins Thu, 06/29/2023 - 13:07 Home prices posted a slight year-over-year decline in June, but monthly home-price drops are getting smaller The median U.S. home-sale price is down 0.9% year-over-year, but according to Redfin, home-price declines are shrinking. The typical U.S. home is selling for roughly $383,000 in June 2023, roughly $4,000 less than the all-time high set in June 2022.
East West Rail CEO confirms commitment to Aylesbury ‘spur’ with business case prep
New Civil Engineer
JUNE 29, 2023
East West Rail's (EWR) chief executive Beth West has dispelled fears that a proposed “spur” of the planned railway connecting it with Aylesbury has been dropped. The post East West Rail CEO confirms commitment to Aylesbury ‘spur’ with business case prep appeared first on New Civil Engineer.
How Today’s Market Drivers Are Influencing Design Considerations
The Pro Builder
JUNE 29, 2023
How Today’s Market Drivers Are Influencing Design Considerations ldeakins Thu, 06/29/2023 - 13:21 The COVID-19 pandemic and its economic and cultural aftershocks have led to what Housing Design Matters calls a (new) new normal for home design The COVID-19 pandemic gave rise to one of the most volatile housing markets in U.S. history, and as the dust settles, some new design considerations may be here to stay, says Housing Design Matters.
Every Contractor Needs An Effective Website - Unlock the Key to Increased Leads
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Grow Leads & Visibility! Contractors need more than word-of-mouth. A strong website boosts visibility, draws in leads, showcases skills, and enhances your credibility. Learn how a quality site, that is easy to manage, can set you apart from the competition, and help can take your construction business to the next level. Marketpath is a leading provider of high-quality website solutions tailored for contractors and the construction industry.
Innovation competition launched to solve tidal lagoon challenges
New Civil Engineer
JUNE 29, 2023
The Welsh Government has launched its £750,000 challenge to innovators to break down barriers preventing development of tidal lagoons. The post Innovation competition launched to solve tidal lagoon challenges appeared first on New Civil Engineer.
Cochin Shipyard Limited Recruitment 2023 For Executive Trainees | 30 Posts | 20-07-2023
Construction Placements
JUNE 29, 2023
Cochin Shipyard Limited Recruitment 2023 For Executive Trainees | 30 Posts | 20-07-2023 Cochin Shipyard Limited Recruitment 2023 For Executive Trainees with 30 Posts vacancies, the last date to apply is 20-07-2023 The post Cochin Shipyard Limited Recruitment 2023 For Executive Trainees | 30 Posts | 20-07-2023 appeared first on ConstructionPlacements.
South London contractor owed creditors £9m when it collapsed
Construction News
JUNE 29, 2023
South London contractor Claritas Group owed more than £9m when it collapsed earlier this month. The Bromley-based firm underwent a creditors’ voluntary liquidation, citing the impact of inflation on its finances. A statement of affairs published on Companies House this week shows that it owed… The post South London contractor owed creditors £9m when it collapsed appeared first on Construction News.
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