Favorable economic conditions are continuing in the hotel construction sector. Lodging Econometrics reports that Q3 had 3,516 projects consisting of 443,936 rooms. “The Pipeline has posted double-digit Year-Over-Year (YOY) increases for four consecutive quarters in both projects and rooms,” according to LodgingEconometrics.com. “In 3Q14, YOY increases are up 25…(Read More)
The construction, transportation, and health care industries are among those with high levels of interest in GPS-type technology. Indoor positioning technology offers wireless location services on mobile devices for locating objects or people when inside a building, according to Fieldlens.com. It can encompass a variety of evolving technologies, such as beacons that send…(Read More)
New research from McGraw Hill Construction finds that educators are committed to environmentally friendly building. The New & Retrofit Green Schools study indicates social benefits, such as improved health and productivity, are critical drivers for the education sector. A post on Construction.com also states these factors are equally as important as financial drivers. “Over…(Read More)
Construction positions that require client-facing work pay better wages than jobs that don’t emphasize face-time, according to research from FMI. The firm provides management consulting, investment banking, and research to the engineering and construction industry. Duane Craig writes on ConstructionInformer.com that since the 2008 recession, some fundamentals in the industry have…(Read More)
“Picking a company that will train your personnel in crane and rigging equipment is a process that has to be carefully thought-out and you have to choose a company that best fits your company’s objectives.” That’s according to a post from Industrial Training International. They offer seven tips to consider when hiring…(Read More)
Project management, bidding and estimates, accounting, and equipment management are all getting easier thanks to new apps. Described as all-encompassing software solutions, this post by Feeley and Driscoll, an accounting firm that specializes in construction, says the technology can be a joy for your operations. http://www.fdcpa.com/Construction/0713Construction-construction-apps…(Read More)
On Oct. 17, 1989, a 6.9 magnitude earthquake hit San Francisco, where Game 3 of the World Series had just gotten underway. No one at Candlestick Park was hurt, but the quake killed 63 people and caused $6 billion in damage. The ballpark was demolished and a new stadium built with private funds was…(Read More)
Reduced waste, precision assembly, and quality control are a few of the reasons construction companies opt for prefabrication. Jeff Dusing writes on Modspace.com that reduced waste is another advantage. Factory construction allows builders to keep materials in stock and ready to use. “Remnant materials are used where possible instead of being discarded as scrap…(Read More)
Slips, trips, and falls are common occurrences on construction sites. Employers and contractors face delays and additional costs when an accident occurs, according to a post on ContractorLink.ca. Safety training, especially for new construction workers, is critical. “Most of the time, these are workers that are hired per project and have no experience working…(Read More)
A potential significant rise in construction costs may be looming, according to Rider Levett Bucknall’s Third Quarter 2014 USA Construction Report. A lack of skilled labor is creating a strain on the industry, states a post on GlobeSt.com. RLB, which tracks construction costs in 12 major U.S. cities, found that between April…(Read More)
