construction companies

5 ESOP Advantages for Construction Companies

Construction companies have often been difficult to buy and sell because: More recently, buying and selling as well as acquisitions and mergers of construction companies have declined due to higher interest rates. Construction companies are nothing if not creative. Business owners are utilizing employee stock ownership plans (ESOPs) as another way to receive liquidity for ownership […]

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Making Construction Companies Labor-Competitive

The U.S. construction industry recorded 383,000 unfilled jobs in April 2023, but construction companies are consistently passed over by applicants. Job seekers say they are searching for innovative, diverse company cultures driven by ethical standards. What does that mean? An ethical business is one that considers the impact its actions, products, and services have on

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How Construction Companies Maximize Tech

The mega-corporation companies know how to maximize construction technology and acquire the tech talent to do it. They can afford it. But small to midsize construction companies can make the most of digital development, too. The Infrastructure Investment and Jobs Act (IIJA) is a $550 billion “historic investment” that was much needed to update: Airports Bridges Broadband

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Is It Time for Construction Companies to Rethink Business Travel?

Business travel for construction companies has changed in 2020. We couldn’t hop on a flight or drop-in anywhere without masking, social distancing, vaccination-proving, and concerns. The pandemic will eventually be over but there are threats of other contagious diseases for 2022. Virtual meetings and Zooms – things we did because we had to in 2020 – may

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U.S. Construction Industry Expected to Expand in 2015

Recent data on construction employment suggests that improvements will continue and that the U.S. construction industry will expand even further in 2015. Increases in construction employment were identified in more than 250 metropolitan areas around the country between December 2013 and December 2014, according to data from the Associated General Contractors of America (AGC). The

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Crane Companies Are Looking to New Avenues of Business to Weather Economic Downturn

Like many other segments of the construction industry, crane companies have been hit hard by the recent decline in building. While prospects for these companies are looking up, work isn’t always found in the traditional large building projects. The crane’s versatility and wide variety of uses has been keeping crane companies busy in some unexpected

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