With varying degrees of optimism, leading economic experts in the construction industry have come to a general consensus that this year will be better than last.
According to one survey, many working within the industry feel the same.
At the start of each of the past five years, the Associated General Contractors of America (AGC) has surveyed its member base of more than 20,000 in order to get a comprehensive outlook on the overall market from the ... [Full Story]
Guardian Industries issued a letter to customers recently informing them of a price increase to take effect May 19, 2014. The company implemented a similar price increase last November.
Several products are listed in the letter, signed by Bill Widmann, vice president of sales and marketing.
“Guardian continues to experience higher costs for the materials and services used in manufacturing and distribution of high quality glass products,” the letter reads. “We are working diligently to increase the ... [Full Story]
Following hearings held on April 4, 2014, the U.S. Bankruptcy Court for the Western District of Pennsylvania entered an Order denying Frank Dlubak’s Motion to Convert from a Chapter 11 to Chapter 7 bankruptcy case. In conjunction, the Court also entered an Order allowing the Committee to file an amended Disclosure Statement within by May 4.
In addition, the court granted a Motion for Authority to Prosecute Avoidance Action filed by the Official Committee of Unsecured ... [Full Story]
Construction economists don’t always see eye-to-eye, and that’s okay, according to Bernard Markstein, chief economist for Reed Construction Data.
"We seem to agree on most things, but not everything …we're economists. That's what we do,” he says.
But during a recent economic forecast, there was at least one thing on which Markstein and several others agreed: the weather.
“In spite of the weather, we’ve had pretty healthy numbers in the first quarter,” says Kermit Baker, chief economist for ... [Full Story]
Stakeholders in the glass industry continue to assess the Occupational Safety & Health Administration’s (OSHA) proposal to reduce the permissible exposure limit (PEL) of crystalline silica, the public comment period for which recently ended.
The argument behind the proposed rulemaking is straightforward, and the issue is simple in the minds of proponents of the OSHA initiative. The rule governing exposure to silica and the PEL have not been updated for more than 40 years. Proponents of ... [Full Story]
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