Bench & Trench 8/26/24

Industry Update 8/26/24

🏗️ Top Headlines

  1. 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 ➔

  2. 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 ➔

  3. 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 ➔

  1. 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 ➔

  2. 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 ➔

  3. Recruiting, Retention, and Training in Construction
    A roundup of articles focusing on recruiting and retention strategies in the construction industry.
    Read more ➔

🏢 Company News

  1. 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 ➔

  2. 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 ➔

  3. 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

  1. 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 ➔

  2. Autodesk’s Amy Bunszel Talks BIM, GIS, AI, and Big Data
    Insights into how these technologies are shaping the future of construction.
    Read more ➔

  3. The Latest Technology Shaping the Construction Industry
    An overview of the most impactful technologies in construction today.
    Read more ➔

🌱 Sustainability

  1. 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 ➔

  2. Risk Reports Highlight Compounding Impacts, Costs of Extreme Weather
    The multiplying effects of more frequent and intense weather events on construction.
    Read more ➔

  3. PCL and Stantec Picked for Expansion of San Diego Plant
    The project aims to deal with Tijuana wastewater flows.
    Read more ➔

👷 Workforce & Skills

  1. Recruiting, Retention, and Training in Construction
    Strategies and insights on improving workforce management in the construction industry.
    Read more ➔

  2. Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
    Implications for workforce mobility and competition in the construction sector.
    Read more ➔

  3. 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

  1. 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 ➔

  2. Lendlease Reports $1B Loss as It Sells Off US Work
    The Australian company plans to focus on successful sectors at home.
    Read more ➔

  3. 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

  1. Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
    The ruling impacts workforce mobility and competition in the construction sector.
    Read more ➔

  2. The SEC’s Final Climate Rule
    Public companies will need to disclose their climate-related risks and greenhouse gas emissions.
    Read more ➔

  3. 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

  1. 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 ➔

  2. Why Building US Highways is So Expensive
    Lower state DOT staffing levels and a lack of contractor competition drive up prices.
    Read more ➔

  3. Architecture Billings Index Hits 18th Monthly Decline
    More than half of firms continue to navigate economic challenges.
    Read more ➔

  1. Lendlease Reports $1B Loss as It Sells Off US Work
    The Australian company plans to focus on successful sectors at home.
    Read more ➔

  2. Federal Judge Strikes Down US Agency Non-Compete Agreement Ban
    The ruling impacts workforce mobility and competition in the construction sector.
    Read more ➔

  3. 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

  1. 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 ➔

  2. The Latest Technology Shaping the Construction Industry
    An overview of the most impactful technologies in construction today.
    Read more ➔

  3. Recruiting, Retention, and Training in Construction
    Strategies and insights on improving workforce management in the construction industry.
    Read more ➔

🚀 Innovation

  1. 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 ➔

  2. Autodesk’s Amy Bunszel Talks BIM, GIS, AI, and Big Data
    Insights into how these technologies are shaping the future of construction.
    Read more ➔

  3. 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