Welcome to the Construction Informer blog – featuring news, information and commentary for contractors
Benefit Everyone with the New Stub-EASE
Until now, conduit stub-ups had been universally accepted as a necessary evil in concrete construction applications. Previous methods of protection and awareness varied from spraying or flagging the stub-ups, to setting concrete blocks over them, only serving to highlight or hide the hazards on a raceway.
Stub-EASE allows the customer to keep future extensions of the conduit from projecting beyond the top of the concrete slab, by attaching to the embedded conduit via a threaded coupling. After the concrete pour, the HDPE (High Density Poly-Ethylene) sleeve and support are cut down to the top of concrete elevation and left in the slab until the future raceway is ready to be safely extended into a wall cavity. At this time, the electrician can use a driver with standard size paddle bit on the plastic partition wall in the middle of the sleeve, to expose the embedded threaded coupling.
Simplify Your IoT Home
FetchitGo is your universal home device controller to interact with all the IoT devices and mobile services and keeps track of all your tasks and reminders.
A press of a button can turn on a smart light and start your coffee at the same time, and also add reminder for “out of milk” and taking medication. Through machine learning have IoT’s mirror the personality of the household to take away the pain of programming.
The May 2016 construction products announcements include unusual items like invisibility glass, and new items like a pre-packaged solar power system.
The digitizer made construction takeoffs faster and more accurate for many decades, but it’s been replaced by software. Digitizer history.
This month’s 2016 new construction products feature a staffing agency, way to quote jobs right from your website, a book on using Chief Architect, and more.
Engineers outline the advantages of plastic pipe for municipal and infrastructure projects.read more
By Alexandra Crews and FreightCenter.com Freight shipping is an essential function of the construction industry. For professionals, the process of procuring materials and equipment can easily cut into your bottom line. Regular shipments include anything from...read more
Last week I did a podcast with Cesar Abeid over at Construction Industry Podcast about construction waste. I've written about this before, right here, but in this podcast we also talked about the global front and about how some places with civil unrest and disasters...read more
Slowing M&A Deals Blamed on Uncertainty
From PwC’s Global Engineering and Construction M&A
Deals Insights Q1 2017
Q1 17 M&A activity decreased to $12 billion which is the lowest level in the last three years. While there are some seasonal influences on the first calendar year quarter in any year, the drop in Q1 17 was far more pronounced than in previous years suggesting ongoing levels of heightened market uncertainty as well as tempered demand from Asia, and specifically Chinese investment. – Colin McIntyre, US Engineering and Construction Deals Leader
- Deal value in the E&C sector decreased from $23.3 billion in Q4 16 to $12 billion in Q1 17. Deal volume also dropped by more than half from the previous quarter.
- Two megadeals were announced in Q1 17 with a total aggregate disclosed value of $4.8 billion.
- The civil engineering category had the largest share in terms of both value and volume – 47% and 35%, respectively.
- In Q1 2017, financial buyers deal value decreased by 43% and 38% as compared to Q4 16 and Q1 16, respectively. Strategic investors had a higher drop in deal value, decreasing by 51% and 53% during the same period.
- Asia and Oceania continued to lead the region, but only marginally in an otherwise down quarter across the globe.
- China M&A activity in Q1 17 continued a trend of declining comps versus the prior year, reflecting continued influence of currency controls in the market making completion of overseas transactions more challenging for Chinese outbound investors.
Using Ice to Lower AC Costs Really Works
How To Stop Silica Dust Dangers
Infographic Courtesy of Bosch Tools
Half of Mature U.S. Workers Will Wait Until At Least Age 70 to Retire
CHICAGO and ATLANTA, March 31, 2017 /PRNewswire/ — Is 70 becoming the new retirement age? According to a recent CareerBuilder survey, 30 percent of U.S. workers ages 60 and older plan to retire at age 70 or older. Another 20 percent don’t believe they will ever be able to retire.
While delaying retirement can be fueled by a number of reasons, financial motivations typically top the list as mature workers work to ensure they have a large enough nest egg. But, just how much they’ll need in the bank to enjoy their golden years remains a mystery or moving target for some. One third of workers ages 60+ (34 percent) say they aren’t sure how much they’ll need to save in order to retire.
Asked how much money they think they’ll need to save in order to retire, 42 percent of U.S. workers ages 60+ believe they will need at least $500,000. A quarter (24 percent) believe they’ll need less than $500,000.
- Less than $500,000: 24 percent
- $500,000 to less than $1 million: 25 percent
- $1 million to less than $2 million: 13 percent
- $2 million to less than $3 million: 3 percent
- $3 million or more: 1 percent
When asked if they’re currently contributing to retirement accounts, more than 1 in 4 (26 percent) workers 55+ said they do not participate in a 401(k), IRA or other retirement plan.
Three out of four workers ages 55+ (74 percent) don’t earn their desired salary, and they’re taking steps to change that. Eight percent took on a second job in 2016, and 12 percent plan to change jobs this year.