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Record Jump in Material Prices and Supply Chain Disruptions Threaten Construction Firms’ Ability to Complete Vital Nonresidential Projects

New Producer Price Index Data Shows Costs Outstripping Contractors’ Bid Prices as Firms Cope with Growing Delivery Delays, Limited Supplies of Key Items; Association Urges Relief from Tariffs An unprecedented leap in the price of goods used in construction and supply-chain disruptions are wreaking hardships on contractors and slowing projects, according to an analysis by [...]

2021-04-09T13:34:13-04:00April 9th, 2021|News, Press Releases|

CONSTRUCTION SPENDING DIVERGES IN DECEMBER WITH SLUMP IN PRIVATE NONRESIDENTIAL SECTOR, MIXED PUBLIC WORK, AND BOOM IN HOMEBUILDING

Demand for Nonresidential Construction and Public Works Will Decline Amid Ongoing Pandemic Concerns, Worsening State and Local Budgets as Association Officials Call for New Recovery Measures Construction spending in December exhibited sharply varied trends, with downturns from a year earlier in every private category, mixed results for public construction, and double-digit increases in residential construction, [...]

2021-02-01T16:27:19-04:00February 1st, 2021|News, Press Releases|

SIX PROJECTS SELECTED FOR THE BUILD MAINE AWARDS

December 30, 2020, Augusta, Maine-Six Maine construction projects have been selected for the 2020 Build Maine Awards organized by AGC Maine. With many complicated projects to review and the industry's competitive nature, celebrating the best of the year is typically held with a social event between competing firms. Judges award in basic categories but can [...]

2020-12-31T12:26:21-04:00December 31st, 2020|News, Press Releases|

Knowles Industrial Services Wins Award for Renovation on Historic Building

AGC Maine announced that Gorham, Maine-based Knowles Industrial Services, Inc earned the distinguished Build Maine Award for Building Renovation at the Thompson Block in Portland. The Build Maine Award is a competitive review by an independent panel of judges from the design, engineering, construction community, and representative who carefully grades the projects into consideration. The [...]

2020-12-31T12:22:34-04:00December 31st, 2020|News, Press Releases|

Sargent Earns Award for Route 3 Construction on Busy Bar Harbor Road

Sargent earned a Build Maine Award for the Bar Harbor Route 3 Reconstruction project. The Build Maine Award is a competitive review by an independent panel of judges from the design, engineering, construction community, and representative who carefully grades the projects into consideration. Bar Harbor and Acadia National Park are both a valuable part of [...]

2020-12-31T12:22:19-04:00December 31st, 2020|News, Press Releases|
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