Cannon & Wendt is named ENR Southwest’s 2022 Specialty Contractor of the Year thanks to its strong regional performance in 2021 and its solid commitment to employees.
Steep inflation has exacerbated what was already a volatile market for construction materials, complicating specialty contractors’ efforts to navigate the post-pandemic environment.
Despite recent forecasts by many economists who predict that 2022 will be a robust year for construction, underlying difficulties persist in the form of labor shortages, supply-chain disruptions and the uncertain effects of ongoing inflation.
Legislation passed June 2 and set to be signed into law by Gov. Andrew Cuomo, limits to three years contractor liabilty for a subcontractor not paying wages.