Category: Business Services
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…
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Peabody General Contractors and Horsepower Site Services Rebrand as HEI Civil
HEI Civil, a heavy civil construction company, announced the official rebranding of Peabody General Contractors and Horsepower Site Services to HEI Civil. Peabody General Contractors was acquired by HEI Civil in 2018, and Horsepower Site Services joined the company in 2019. “This rebranding marks a significant milestone in our journey to become the nation’s premier…
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Defining ‘Five Stars’ in the Construction Industry
What’s the first thing we all do in a new city? Search Google or Yelp for places to eat. Then, we ask a few folks to see if the “five-star reviews” translate into meaningful experiences. In industries like ours, delivering world-class service every day is not only the norm but the entry price for civil…
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How to Prep for 2025’s New Construction Business Agenda
You are probably in the process of closing out 2024 and finishing your game plan, budget and cash flow projections for 2025. You are doing this, right? Some of your planning was based on your thoughts about the outcome of the election. If so, at least 50% of you got it right. So, seeing that…
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Q4 2024 Construction Hires and Promotions
Across the span of a few months, the construction industry made sure 2024 went out with a bang. At the end of 2024, many companies in the construction industry announced some big promotions and important new hires. Here are some of the highlighted appointments from the end of 2024. Hy-Brid Lifts Appoints Director of Sales…
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Associated Builders Celebrates 75 Years
Associated Builders and Contractors (ABC) is celebrating its 75-year anniversary with several events during the coming months. According to ABC: The association will turn 75 on June 1, 2025. To commemorate the milestone, ABC and its members will gather at several commemorative events, beginning with ABC Convention 2025 in Las Vegas. “For 75 years, members…