MIAMI, FL – Coastal Construction, one of the largest general contractors in Florida and the Southeast, is winning national recognition for using artificial intelligence to accelerate the estimating of some of the most eye-catching and luxurious real estate in America.

The Associated General Contractors of America (AGC) has named …

Digital transformation is not a new concept, but the middle market’s approach to it has shifted. One of the remarkable changes since the beginning of the COVID-19 pandemic has been a reorientation to – and renewed investment in – productivity-enhancing software, equipment, and intellectual property.

Data shows a real, and …

The Great Recession was a once-in-a-generation event that resulted from the global financial crisis of 2007−09, set off by the U.S. housing market crash that sent the construction industry into a downward spiral. It was not apparent then that these events would continue to define the next two business cycles …

Our baseline forecast for the American economy next year calls for a mild recession by the second half of the year as the impact of higher interest rates sets in.
For some time, our forecast has included a 65% probability of recession over the next 12 months. Next year, we …

WESTMINSTER, Colo. —Trimble (NASDAQ: TRMB) announced that the company has changed its headquarters from Sunnyvale, California to Westminster, Colorado.

Westminster is Trimble’s largest employment center in the U.S. and serves as a central business hub for several of Trimble’s core market segments including agriculture, construction and geospatial. In addition, …

Changes in construction employment are often viewed as an indicator of economic activity. Before a recession, the construction industry typically sheds workers, as developers slow their projects amid a slowing economy.

From this perspective, the October jobs report would seem to represent a peak, as the construction industry added only …

Tax increases and IRS funding commitments in the Inflation Reduction Act of 2022 are intended to affect larger corporations and high-income individuals. However, middle market businesses and their owners who understand how they might be affected can position themselves to take advantage of new credits and incentives, avoid unpleasant income …

AUSTIN, TX — HKS opens a new office in Austin, the firm’s 25th overall. HKS creates and delivers environments of distinction through architectural, planning, interior design, research, and commitment to ESG (environmental, social, and governance). Since 1981, HKS has been a part of designing more than 200 Austin-based projects including …

It has been a year since inflation in the United States started to become a dominant economic issue. Now, with rising prices proving to be stickier than expected, business leaders have been facing a challenge – how to set prices in a highly inflationary environment.

In many industries that are …

COLLEGE STATION, TX — G-CON Manufacturing, Inc. acquires Plasteurop, a France-based manufacturer of critical cleanroom components. Plasteurop's core competence is the automated production of monolithic cleanroom wall panels and doors. These components are used in a variety of industries with stringent standards for cleanliness and quality. Plasteurop was founded …

The national infrastructure bill translates into plenty of expected opportunities for contractors to win bids on government contracts. This is true even for contractors who have only worked commercial jobs.

“One thing is for sure, this infrastructure bill is going to create huge opportunities for companies in the construction ecosystem …

IRVING, TX — Lehigh Hanson, Inc. announces that it has acquired all assets of Meriwether Ready Mix. These assets include four ready mixed concrete plants and a fleet of mixer trucks. Formed in 2005, Meriwether Ready Mix is a producer of ready mixed concrete with a well-established residential and …

AUSTIN, TX — Martin Marietta Materials, Inc. announces that it has entered into a definitive agreement to sell its Colorado and Central Texas ready mixed concrete operations to Smyrna Ready Mix Concrete LLC.

“As we have previously stated and consistent with our SOAR (Strategic Operating Analysis and Review) 2025 …

MANSFIELD, TX — Mansfield Texas-based Ramtech Building Systems, a company that focuses on design-build modular construction for relocatable and permanent structures, announces that the company is celebrating its 40th anniversary in the modular building industry. Ramtech is now entering their fifth decade of serving education, health care, commercial, and …

AUSTIN, TX — Billd, a provider of material financing and other payment solutions for commercial subcontractors, has solidified its growing portfolio Intellectual Property (IP) through Patents and Trade Secrets through collaboration with ipCapital Group Inc., an intellectual property strategy consulting firm. The company will leverage its patent portfolio for …

HOUSTON, TX — Multidiscipline engineering firm Coffman Engineers, Inc. (Coffman) announces the opening of its Houston, Texas, office in The Woodlands, Texas. The new location allows the firm to support clients in the industrial, oil & gas, health care, federal/military, higher education, hospitality, and energy markets.

Coffman's second Texas office …

DALLAS, TX — Hoar Construction announces the opening of its newest office in McKinney, Texas, to kick off the 25th anniversary of the firm’s presence in the state. This is the third Texas-based office for Hoar Construction, joining established divisions in Houston and Austin. The North Texas division becomes the …

DALLAS, TX — ISN, a company focusing on contractor management services, announces an expanded partnership with the National Center for Construction Education and Research (NCCER). This partnership will provide access to NCCER's pipeline training through ISNetworld's Learning Management System (LMS) tool beginning in April, with new courses being added …

PLANO, TX — Think Power Solutions, an infrastructure management solutions provider, announces the spin-off of KYRO. KYRO is a software solution that provides collaboration, data gathering, and analytics specifically designed to support field service employees and workflows in mission critical infrastructure industries such as utilities, telecom, and construction. KYRO's …

FORT WORTH, TX — National civil engineering and surveying firm Manhard Consulting has opened a new office in Fort Worth, Texas. The firm’s newest location, its 10th office nationwide and third office in Texas, is managed by new hire Jonathan Russell.

Formerly Engagement Manager at Dunaway Associates, Russell brings …

NORCROSS, GA — At an event held in conjunction with this year’s Associated Equipment Distributors meeting, Hyundai Construction Equipment Americas, Inc., recognized NED (National Equipment Dealers) as its top dealer of 2021.

NED, through the recent merger of Four Seasons Equipment, May Heavy Equipment, Rob’s Hydraulics Inc. …

When is a crisis not considered a crisis? The ongoing and evolving COVID-19 pandemic has put organization and corporate leaders in a constant state of crisis management. Just when we think we’ve rounded a corner and things are getting “back to normal” at work, a new variant emerges and we’re …

Many of the most famous structures of ancient times were constructed from a material we often think of us as modern. The workers who built them needed a material that could be shaped into blocks and other forms more easily than carving from stone. Finally, someone concocted a mixture of …

Imagine a multimillion dollar construction project that was so large it had its own accounting department. This system appeared to work until the 18-month project was complete and the owners found that a number of line items had gone over budget. This prompted an internal investigation to understand where things …

Last fall, President Biden signed a $1.2 trillion infrastructure package – the Infrastructure Investment and Jobs Act – providing historic funding levels to improve public works, including roads, bridges, highways, internet access and the power grid, as well as to mitigate the effects of climate change. The bill does not …

RESTON, VA — Bowman Consulting Group Ltd. announces the acquisition of 1519 Surveying, LLC. Established in 1974 and headquartered in Waco, Texas, 1519 delivers a variety of engineering and survey solutions to a diverse base of private and public clients. Services include land surveying, aerial imaging, GIS mapping, 3-D …

RESTON, VA — Bowman Consulting Group Ltd. announces it has entered into a definitive purchase agreement for the acquisition of Terra Associates, Inc. (“Terra”).

Headquartered in Houston, Texas, Terra delivers civil design and engineering solutions to clients focused on traffic and transportation planning, water-wastewater solutions, landscape and irrigation systems, office …

FT. WORTH, TX — Dunaway, a multi-discipline design and engineering firm, is celebrating its 65th year. Amid leadership transitions, acquisitions, and expansions the Fort Worth-based company marked its 65th anniversary as one of growth.

Earlier this year Dunaway named Chris Wilde as its new CEO, taking the helm from …

ASHLAND, WI — Kinperium Industries (Kinperium) announces it has acquired K.A. Group, consisting of K-Tec Earthmovers (K-Tec) and Ashland Industries (Ashland). Kinperium partnered with the owners and management of K-Tec and Ashland to acquire a majority stake of the company. K-Tec & Ashland are manufacturers of pull-pan earthmoving scrapers …

AUSTIN, TX — Leslie Doggett Industries, one of the largest family-owned businesses in Houston, expanded its footprint in the Austin region with new dealership acquisitions adding over $120 million in annual sales to Doggett’s revenues approaching $2 billion.

Through its heavy duty truck division, Doggett acquired dealerships for Freightliner …

DALLAS, TX — Primoris Services Corporation announces two heavy civil awards with a combined value of more than $32 million. The projects, secured by the company’s Energy/Renewables Segment, were awarded by the Texas Department of Transportation.

The first project involves construction of a section of highway SL 121 in …

Companies develop safety programs for reasons that may seem obvious: they want to prevent injuries of all kinds, so workers don’t suffer the physical effects and both workers and companies don’t endure negative financial or operational impacts. In addition, safety programs can also minimize the potential for damage to facilities …

HOUSTON, TX — The Shaw Group announces the completed acquisition of Chemex Global Inc., an engineering, procurement, fabrication, and project management company specialized in modular and conventional refinery and energy projects.

This acquisition represents a strategic combination of complementary capabilities and significantly expands The Shaw Group’s credentials in modular …

The future is looking bright for the construction industry, with project pipelines full and the promise of infrastructure spending infusing the industry with confidence and optimism. But as we face another year of supply chain issues and crippling workforce shortages, it’s possible that our industry’s biggest challenge could be too …