Photo: Tudor Van Hampton For ENR Concrete people say the housing sector, one of the hardest-hit construction sectors, is holding back a recovery. “The housing market is definitely not on the way back up,” said Kevin L. Klein, vice president of engineering for slipform-paver producer Gomaco Corp., Ida Grove, Iowa. “I’m thinking it’s still going to be another two to three years.” Gomaco was one of more than 1,000 vendors displaying goods at this year’s annual World of Concrete, held January 18-21 in Las Vegas. In addition to a slow housing recovery, show attendees said, future road and bridge construction
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.