The ACI Foundation’s Concrete Innovation Council gathered in Santa Fe, New Mexico, to discuss technology and innovation at the 2024 Technology Forum. The event took place May 14-16 at the Hilton Santa Fe Historic Plaza.
Labor productivity is the central economic engine that drives profitability for labor-intensive, self-performing contractors. FMI’s 2023 Labor Productivity Study found that contractors experienced approximately $30 billion to $40 billion in lost profits due to labor inefficiencies in 2022.
GMS Inc. announced May 1 the continuing execution of its strategic growth priorities with the acquisition of a single-location distributor of building products in Southern California.
L&W Supply has announced the induction of 26 branch managers into its Managing Partner Program. The designation is the highest level of achievement among the company’s branch managers and places them in a distinguished position of leadership at L&W Supply.
Construction input prices decreased by 0.9 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released on June 13.
Workplace retention and employee satisfaction go hand in hand, with 77 percent of workers more likely to stay with an employer if they were satisfied with the company’s organizational culture.
Simpson Strong-Tie has joined the Board of Directors of the ACE Mentor Program to promote construction trade careers to high school students across the U.S. The partnership includes a $50,000 donation to ACE and the addition of Simpson Strong-Tie Vice President Annie Kao to the ACE national Board of Directors.