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- Bench & Trench 8/26/24
Bench & Trench 8/26/24
Industry Update 8/26/24
🏗️ Top Headlines
CTD 2024: Transforming Construction through Technology
The Construction Technology Day (CTD) 2024 will be held on November 18th and 19th at IISc Bengaluru, aiming to connect industry leaders and professionals.
Read more ➔A Silent Hazard in the Construction Industry Needs Attention
An op-ed highlights the overlooked hazards in the construction industry and calls for increased awareness and action.
Read more ➔Integrated Data Ecosystems Could Transform The Construction Industry
The free movement of data between systems and workflows is seen as the next big productivity unlock in construction.
Read more ➔
📈 Market & Trends
Construction’s Manufacturing Boom: Mapping the Biggest Facilities
New projects include a $1.4 billion sodium-ion battery factory in North Carolina and a $575 million semiconductor project in Texas.
Read more ➔Top Construction Events for the Second Half of 2024
A comprehensive list of industry conferences, expos, and meetings for the rest of the year.
Read more ➔Recruiting, Retention, and Training in Construction
A roundup of articles focusing on recruiting and retention strategies in the construction industry.
Read more ➔
🏢 Company News
Clark Construction Lands $524M Contract for DC Cybersecurity Hub
The award includes $115.8 million in Inflation Reduction Act funding for the new Cybersecurity and Infrastructure Security Agency headquarters.
Read more ➔Lendlease Reports $1B Loss as It Sells Off US Work
The Australian company plans to deploy funds from divesting into successful sectors at home.
Read more ➔AECOM Wins PM Contract for $8.2B Portal Project in San Francisco
The Transbay Joint Powers Authority seeks ways to fill a significant funding gap.
Read more ➔
💡 Technology & Innovation
JE Dunn’s Preconstruction Tech Wins Fast Company Award
The estimating tool, Align, helps users budget better by choosing from a menu of amenities.
Read more ➔Autodesk’s Amy Bunszel Talks BIM, GIS, AI, and Big Data
Insights into how these technologies are shaping the future of construction.
Read more ➔The Latest Technology Shaping the Construction Industry
An overview of the most impactful technologies in construction today.
Read more ➔
🌱 Sustainability
6 Sustainability Trends Impacting Commercial Properties
The SEC’s final climate rule will require public companies to disclose their climate-related risks and greenhouse gas emissions.
Read more ➔Risk Reports Highlight Compounding Impacts, Costs of Extreme Weather
The multiplying effects of more frequent and intense weather events on construction.
Read more ➔PCL and Stantec Picked for Expansion of San Diego Plant
The project aims to deal with Tijuana wastewater flows.
Read more ➔
👷 Workforce & Skills
Recruiting, Retention, and Training in Construction
Strategies and insights on improving workforce management in the construction industry.
Read more ➔Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
Implications for workforce mobility and competition in the construction sector.
Read more ➔Previous BLS Reports Overstated Employment, Including in Construction
Revised jobs report cuts the previous number by 0.5%, impacting workforce planning.
Read more ➔
🌍 International Projects
Honolulu’s Beleaguered Skyline Project to Start Third, $1.66B Phase
The light rail job resumes after cost overruns during the COVID-19 pandemic.
Read more ➔Lendlease Reports $1B Loss as It Sells Off US Work
The Australian company plans to focus on successful sectors at home.
Read more ➔New York’s New Gateway: The Overhaul of John F. Kennedy International Airport
A $19B overhaul including two massive new terminals is progressing swiftly.
Read more ➔
🏛️ Policy & Regulation
Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
The ruling impacts workforce mobility and competition in the construction sector.
Read more ➔The SEC’s Final Climate Rule
Public companies will need to disclose their climate-related risks and greenhouse gas emissions.
Read more ➔NY Cuomo Bridge Lawsuit Focuses on Stay Cable Anchors
The NY State Thruway Authority is suing the Fluor-led bridge project team.
Read more ➔
🧱 Materials & Innovation
Integrated Data Ecosystems Could Transform The Construction Industry
The free movement of data between systems and workflows is seen as the next big productivity unlock.
Read more ➔Why Building US Highways is So Expensive
Lower state DOT staffing levels and a lack of contractor competition drive up prices.
Read more ➔Architecture Billings Index Hits 18th Monthly Decline
More than half of firms continue to navigate economic challenges.
Read more ➔
💼 Financial & Legal
Lendlease Reports $1B Loss as It Sells Off US Work
The Australian company plans to focus on successful sectors at home.
Read more ➔Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
The ruling impacts workforce mobility and competition in the construction sector.
Read more ➔Previous BLS Reports Overstated Employment, Including in Construction
Revised jobs report cuts the previous number by 0.5%, impacting workforce planning.
Read more ➔
🔮 Looking Ahead
Top Construction Events for the Second Half of 2024
A comprehensive list of industry conferences, expos, and meetings for the rest of the year.
Read more ➔The Latest Technology Shaping the Construction Industry
An overview of the most impactful technologies in construction today.
Read more ➔Recruiting, Retention, and Training in Construction
Strategies and insights on improving workforce management in the construction industry.
Read more ➔
🚀 Innovation
JE Dunn’s Preconstruction Tech Wins Fast Company Award
The estimating tool, Align, helps users budget better by choosing from a menu of amenities.
Read more ➔Autodesk’s Amy Bunszel Talks BIM, GIS, AI, and Big Data
Insights into how these technologies are shaping the future of construction.
Read more ➔Integrated Data Ecosystems Could Transform The Construction Industry
The free movement of data between systems and workflows is seen as the next big productivity unlock.
[Read more ➔](https://www.forbes.com