Tag: flow
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How Construction Companies Can Protect Cash Flow Amid Industry-Wide Payment Delays
Late payments and slow cash flow have plagued the construction industry for so long that most of us think of it as the norm. And it’s only getting worse – according to one recent report, 82% of contractors now face payment waits of over 30 days, up from 49% just two years ago. Slow payments…
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Why Cash Flow Determines Long-Term Success in Construction
In the construction industry, it’s easy to get caught up by seven-figure contracts and impressive profit margins. But while revenue and profitability are important, they can mask an underlying threat that has taken down many otherwise successful contractors: poor cash flow management. Profit Isn’t Enough: The Cash Flow Blind Spot Many business owners equate financial…
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Egnyte Launches Project Hub to Streamline AEC Data Flow
Egnyte, a leader in secure content collaboration, intelligence, and governance, today announced a new product for its architecture, engineering, and construction (AEC) offerings. Project Hub, an AI-powered project data infrastructure, is designed to solve documentation and coordination challenges by enabling consistent, secure collaboration and oversight in an intuitive structure throughout the project lifecycle. “Our customers…
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John Reutter Appointed President of GF Building Flow Solutions Americas
GF Building Flow Solutions Americas, the manufacturer of Uponor branded products, has announced John Reutter as President. John joined the organization in 2018 as vice president of Finance and has been an instrumental leader over the past seven years. He will continue to be based out of the North America headquarters in Apple Valley, Minn.,…
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Cash isn’t king. Cash flow is.
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Bruce Orr is founder and chief data scientist at ProNovos, a provider of financial forecasting tools for contractors. Opinions are the author’s own. “Cash is king” might be the most overused phrase in construction finance — and…
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KIOTI Introduces Flow+ System for Compact Loaders
KIOTI Tractor, a division of Daedong-USA, Inc., launches Flow+ technology, an advancement in hydraulic performance for its compact construction equipment lineup. Available now, the Flow+ Compact Track Loaders (TL750) and Skid Steer Loaders (SL750) enhance hydraulic capabilities for operators, who need more power than standard flow, without the excessive cost or fuel consumption of full…
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Cash flow problems continue to plague subcontractors: report
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: There are stark divides between how builders manage their profit margins and how they retain available capital for sudden emergencies, according to a new report from Billd, a financial solutions firm for subcontractors. In its…
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Aviation Innovation: Enhancing Passenger Experience & Flow
Swinerton Builders’ (Swinerton) expertise crafts seamless experiences for travelers and airport personnel alike. Recognized among the top 20 aviation general contractors by Engineering News-Record (ENR) and Building Design + Construction (BD+C), our portfolio spans international hubs like Los Angeles International Airport (LAX) and Hartsfield-Jackson (ALT) to regional facilities such as Long Beach Airport (LGB) and beyond.…