ABC NewsU.S. builders boosted spending on construction projects by a modest amount in October, helped by big gains in spending on home construction and the biggest increase in government projects in 10 months. Construction spending rose 0.5 percent in October following no change in September, the Commerce Department reported Thursday.
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BonitzThe Bonitz Board of Directors is pleased to announce the appointment of Pete Larmore as President and CEO of Bonitz, Inc. effective January 1, 2017. Larmore becomes the 5th President in Bonitz' 63-year history. In his new role, he will be responsible for ensuring the company's continued growth both strategically and operationally.
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CISCA
Registration is now open for the 2017 CISCA Convention! Early Convention registration ends February 28th and pre-registration for the Convention ends March 17th. Click here to register. Call for Awards entries are now open - click here for more information. Submissions are due by January 31, 2017. Click here for information on the new awards criteria and awards submissions process.
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ConstructechThe construction industry is beginning to realize it’s facing disruption — either change or be displaced by a rapidly changing digital world. No longer can a construction manager sit in a jobsite trailer or office and assess what’s happening in the field. Today it’s all about realtime information that needs to be acted upon.
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Red HerringConstruction companies are increasingly tapping venture capital funding. In 2010, few or no start ups would seek Sand Hill Road or Bay Area investors for Series A or Series B. But in 2012, nearly $99 million reportedly financed nine investments. It has soared since then, escalating to $260 million in 2015 for 44 transactions according to CB Insights.
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Construction DiveThe California Department of Transportation (Caltrans) and the San Diego Association of Governments (SANDAG) have started construction on the first $700 million phase of a $6 billion, 40-year overhaul of San Diego's North Coast Corridor, according to the Times of San Diego.
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New AtlasWhat is claimed to be the largest "mass timber" building in the US, and the country's first major wooden multi-story building in more than 100 years, has opened in Minneapolis. T3, which stands for "Timber, Technology, Transit," provides 224,000 sq ft (22,000 sq m) of office and retail space.
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Business InsiderEveryone has business ideas. But it's probably not a stretch to say most of them aren't so great. "It's relatively easy to sit and come up with a list of random ideas," writes Ramit Sethi in GrowthLab's "Ultimate Guide to Starting an Online Business." "But without the right framework, you can't tell if these ideas will ever hold any weight."
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