CISCA Monday Newsletter
 
Industry News
Nonfatal construction injuries and illnesses were down in both rate and number in 2017, according to the Bureau of Labor Statistics. This marked the second consecutive year that these numbers fell.
 
Hinge Research Institute surveyed more than 200 architecture, engineering and construction firms to determine what traits were shared by the most successful among them. Four common threads emerged.
 
Offering better benefits and on-the-job training and tapping into non-traditional demographics for employees are among the various ways firms are finding people to fill their openings.
 
9Wood
ProTech Spec Resources
With their fourth-quarter Modern Homebuyer Survey, real estate consultants ValueInsured found that 72 percent of Americans think their local housing market is seeing a correction after five months of growth. Two-thirds of those participating think a home bought in the neighborhood now will be worth less in a year.
 
Big data is a big missed opportunity right now, according to a whitepaper from FMI Corp. More than 95 percent of industry data captured goes unused by construction and engineering firms.
 
Lamvin Puts Safety First!
Lamvin Inc.
Lamvin Inc. recently completed certified laboratory pull testing on their Sonic Series, Hanging Baffle suspension tabs, becoming the industry’s first acoustic products manufacturer to complete and publish their results. Lamvin’s Dual Core suspension tabs withstand an average load of 131 lbs. per point. See Lamvin's website for further test results on ceiling mounted baffles and clouds.
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Despite boasting $532 million operating cash flow for the fourth quarter, AECOM has announced that the company will be exiting 30 countries and changing leadership. The moves are prompted by lower-than-expected EBITDA numbers for both fourth quarter 2018 and the full year.
 
On Center Software
Place your brand in front of the multi-billion dollar interior systems industry today!
 
Changes to the tax code have opened up the Research and Experimentation Tax Credit to construction companies. Determining whether a project qualifies requires a four-part test.
 
 

 

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