Articles Tagged with ''supply chain''

Even before projects reach the shovel-ready phase, a “business as usual” mindset can stunt sustainability goals, says John Delaney, sustainability director at Beyer Blinder Belle Architects & Planners.

The International Longshoremen’s Association halts work at East and Gulf coast ports, potentially impacting construction materials and equipment.

Revenue for the Top 250 International Contractors is at its highest since 2015, rising to $499.7 billion last year.

But project development continues in the state—with builder Skanska gaining a $861M NYC port upgrade contract—and in the US, with federal lease auctions now set for offshore Maine and Oregon as first of 12 through 2028, and NJ announcing it will seek up to 4 GW capacity add.

With the worst of the pandemic-related production issues now largely resolved, the construction equipment market is returning to a more normal state of affairs, despite a rise in prices over recent years.

Despite industry-wide challenges from labor shortages and frustrating supply chain snags, most specialty contractors across the West Coast saw revenue gains in 2022.

Regional subcontractors are navigating the highs and lows of a busy post-pandemic construction environment, growing exponentially while battling continuing labor and supply chain challenges that call for creativity alongside cautious optimism.

Many trade contractors were forced by the COVID-19 pandemic to take a hard look at their supply chains.

Construction firms in the mountain states are plenty busy. A surge of people moving to the region—especially Colorado, Utah and Idaho—has created a “solid funnel of multifamily housing projects,” says Jeff Palmer, executive vice president at Layton Construction.

Lingering supply chain issues, inflation, rising materials costs and labor shortages weren’t enough to keep contractors in the Midwest down in 2022.