According to McGraw-Hill Construction, publisher of Engineering News-Record, the pace of new Georgia construction contracts accelerated in August, with the state experiencing an 18% gain in new work. The gain resulted in an estimated $874.8 million in new contracts during the month. The biggest gains came in the nonresidential category, which saw a 52% improvement for an August total of $426.9 million. Residential work also improved, with contracts totaling $313.8 million for the month, a 9% increase. The nonbuilding category, which includes infrastructure work, declined by 22%, however, delivering an estimated $134.2 million in new contracts.On a year-to-date basis, McGraw-Hill
The value of North Carolina construction contracts signed in August totaled more than $1.1 billion, an increase of 11% compared to a year ago, according to McGraw-Hill Construction. The nonbuilding and nonresidential sectors led the way in August. Nonbuilding, which includes infrastructure work, totaled $182.4 million for the month, an increase of 59% compared to the same period of a year ago. Nonresidential contracts totaled $474.1 million, an uptick of 35%. The volume of residential contracts declined, however, by 14%, to tally $469.4 million.On a year-to-date basis, North Carolina’s 2011 construction contracts total $9.9 billion through August. That represents a
The overall value of new South Carolina construction contracts totaled $650.1 million in August, a 46% jump over the same period of a year ago, according to McGraw-Hill Construction, publisher of Engineering News-Record. The nonbuilding sector, which includes infrastructure work, more than doubled compared to the same period of a year ago. The category recorded an estimated $204.2 million in new contracts in August, well ahead of the $80.7-million total from a year ago. Residential work also picked up the pace, with the $325.9 million in August contracts representing a 42% gain over last year. Nonresidential contracts fell by 11%,
The overall value of new Florida construction contracts fell precipitiously in July, for a monthly total of less than $1.6 billion, according to McGraw-Hill Construction, publisher of Engineering News-Record. The monthly total was a 60% decline from the same period of a year ago. Related Links: Residential Sector Boosts Georgia Contract Activity in July North Carolina Contracts Jump 58% in July South Carolina Contracts Decline 13% in July The biggest dropoff was in the nonbuilding sector, which includes infrastructure contracts. Its July total of $442.2 million was 83% lower than the nearly $2.6 billion recorded last July. The nonresidential category
Due to a burst of infrastructure contracts, North Carolina’s overall total for new construction climbed an estimated 58% in July, for a total of more than $1.8 billion, according to McGraw-Hill Construction, publisher of Engineering News-Record. Related Links: Fla. Contracts Experience Dog Days in July Residential Sector Boosts Georgia Contract Activity in July South Carolina Contracts Decline 13% in July The company estimated the value of North Carolina’s July nonbuilding contracts at $897.1 million, well ahead of last July’s $180.3 million total for this sector. The other two construction sectors were down slightly for the month. Residential contracts totaled $470.6
New contracts for future Georgia construction activity increased by 10% in July, according to McGraw-Hill Construction, publisher of Engineering News-Record. The state recorded $957.4 million in new contracts during the month. Related Links: Fla. Experiences Dog Days in July North Carolina Contracts Jump 58% in July South Carolina Contracts Decline 13% in July Residential provided most of the increase. For July, this category was 37% ahead of last year’s pace, with an estimated $402.4 million in new contracts moving forward. Nonresidential contracts also posted an increase, of 3%, for a nearly $397.3 million total. The nonbuilding sector, which includes infrastructure
A significant decline in infrastructure work caused South Carolina’s overall total for July construction contracts to decline by 13%, for a total of $482.3 million, according to McGraw-Hill Construction, publisher of Engineering News-Record. Related Links: North Carolina Contracts Jump 58% in July Residential Sector Boosts Georgia Contract Activity in July Fla. Contracts Experience Dog Days in July In July, the nonbuilding sector, which includes infrastructure, fell 56% compared to the same period of a year ago, for a total of just $76.6 million in new contracts. Residential contracts fell, too, by 5%, for a $242.4 million total. Nonresidential experienced a
Despite the economic downturn, Baker Roofing Co. is reaching new heights, literally and figuratively, as it ventures into new market sectors and broadens its reach in the Southeast. The Raleigh-based company, 96 years in the roofing business, is moving into renewable energy markets. Baker continues to focus on its home Southeast turf, but it is expanding into more cities in the region. The strategies have paid off. Although its profit margins are down, Baker's regional revenue climbed a strong 29% last year, to $117.1 million. The company has also maintained its work force at more than 750 during tough economic
Nightmarish ground conditions and a fast-tracked schedule are not stopping the design-build team for a 1.2-million-sq-ft airplane assembly plant in South Carolina from delivering the building in just 18 months and on budget. There was no time for a learning curve for the 1,037-ft x 616-ft Boeing Co. facility, which encloses the equivalent of 12 football fields, says the team. “Speed was the [project's] overriding theme,” says Kenny Anderson, project executive for BE&K Building Group, Charlotte, N.C. “We signed a contract on Nov. 7, 2009, and within 10 days we were breaking ground.”BE&K joint-ventured with longtime partner Turner Construction Co.,
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