Category: Insurance & Leasing
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Construction Industry Could Face Tariff Trouble
As the new year is starting up and U.S. citizens turn their sights to the 2025-2029 term president-elect Donald Trump’s new term and what it could mean, some of the construction industry is beginning to worry about the proposed tariffs. It has been anticipated that the Trump administration will place high tariffs on China, Mexico,…
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…
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Peabody General Contractors and Horsepower Site Services Rebrand as HEI Civil
HEI Civil, a heavy civil construction company, announced the official rebranding of Peabody General Contractors and Horsepower Site Services to HEI Civil. Peabody General Contractors was acquired by HEI Civil in 2018, and Horsepower Site Services joined the company in 2019. “This rebranding marks a significant milestone in our journey to become the nation’s premier…
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How to Prep for 2025’s New Construction Business Agenda
You are probably in the process of closing out 2024 and finishing your game plan, budget and cash flow projections for 2025. You are doing this, right? Some of your planning was based on your thoughts about the outcome of the election. If so, at least 50% of you got it right. So, seeing that…