The construction industry is in the midst of a period of exceptionally steep and fast-rising costs for a variety of materials, compounded by supply-chain disruptions and...
The co-owner of Belgrade, Montana-based H&H Earthworks pled guilty April 8 to failing to pay $2.8 million in employee and employer taxes, a felony, and failure...
The chief economist for the Associated Builders and Contractors maintains his opinion that 2022 will be a year of growth, but 2023 could be very different. “The economy...
Fuel is a critical component to the entire construction process. As a result, Associated General Contractors of America Chief Economist Ken Simonson says construction firms and their workers...
Prices for numerous construction materials are still rising in conjunction with the response from governments and manufacturers to the war in Ukraine. Stainless steel, aluminum coil,...
Heavy equipment and parts are in short supply, inventories are low, and prices have been escalating for two years. Most people blame Covid-19, bu Benjamin Duyck,...
Note: This story was updated March 9. Manufacturers of construction equipment are halting exports or production of their products in Russia, following the countries’ invasion of...
Painting a broader picture of 2022, the general mindset is one of optimism as construction contractors expect increasing demand for various types of projects, despite ongoing...
Forgive your equipment suppliers if they’ve been a bit winded these days. “The standard conversation in the industry is that they’d never seen anything like 2021,”...
With a reduced supply and high demand, contractors have been put in a sticky situation when it comes to equipment acquisition. And unfortunately, when a specific...
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