Related Links: Dept. of Justice press release The former chief executive of a Pennsylvania company that made concrete bridge beams has been convicted on multiple counts of fraud and money laundering in what the U.S. Dept. of Transportation says is the largest reported Disadvantaged Business Enterprise fraud in the department’s 45-year history.The Justice Dept. said a jury in U.S. District Court in Harrisburg on April 5 found Joseph W. Nagle guilty on 26 of the 30 charges in a federal indictment. Nagle (pronounced NOGG-ull) was president, CEO and part-owner of Schuylkill Products Inc. (SPI), Cressona, Pa., and its CDS Engineering
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.