Genentech’s $2-billion North Carolina biomanufacturing expansion mid-build tests how power, water and labor constraints are shaping advanced manufacturing construction.
In May, Lumber, a construction workforce management platform, acquired BuilderFax, a digital credential management platform for construction craftworkers. Terms were not disclosed.
Associated Builders and Contractors Chief Economist Anirban Basu cites labor shortages, tariffs as continuing industry challenges while construction spending slows amid caution and the end of Biden administration funding.