Investors are eager to sink money into construction technology, which could finally push the industry into investing time and other resources into automation, according to The Wall Street Journal. Quoting from a recent report from research company CREtech, The Journal reported that venture capital investment in private contech firms increased from $352 million in 2016 to more than $6 billion in 2018.

Eye injuries may not get as much attention as some of the other more common safety hazards, but that doesn't mean they are any less important. And most eye injuries are easily preventable with the proper personal protective equipment (PPE).

County courthouses, city halls and government buildings of all types are being renovated, sold or replaced. Most public facilities of this type are old, inefficient, costly to maintain and unable to accommodate new technology. Some are unsafe and no longer meet federal compliance standards. Contractors interested in pursuing contracting opportunities to provide upgrades or new construction will find lots of options in every state.

After an earthquake, hurricane, tornado or other natural hazard, it's considered a win if no one gets hurt and buildings stay standing. But an even bigger victory is possible: keeping those structures operational. This outcome could become more likely with improved standards and codes for the construction of residential and commercial buildings, according to a new report recently delivered to the U.S. Congress by the National Institute of Standards and Technology (NIST).

As a construction project manager or business owner, efficiently managing your field crew plays an important role when it comes to staying in budget and on schedule. But more importantly than budgeting and scheduling efforts, the proper management of your field team can easily lead to a boost in profits.

While the likelihood of a major infrastructure spending bill this year has dimmed dramatically - and the prospects for a big boost in related construction activity along with it - construction companies still face a shortage of both workers and the skills needed to effectively complete projects. Ryne DeBoer of construction sector technology provider Morey believes there is opportunity in developing rather than seeking out the skills needed.

Barely enough houses are being built to keep up with the number of U.S. households, according to an annual report released by the Harvard Joint Center for Housing Studies last week. The report described the continuation of the tight housing market, in which construction has barely kept pace with household growth for eight years, as "unprecedented" and noted that the slow pace of housing production keeps prices high.

Ask anyone familiar with construction hazards, and you'll likely hear about those on OSHA's Top 10 Safety Violations annual list or the agency's Fatal Four - falls, struck-by incidents, electrocutions and caught-in-between accidents. However, the American Industrial Hygiene Association is trying to make the industry aware of other site conditions that also pose a major threat to construction workers in its “Focus Four for Health: An Initiative to Address Four Major Construction Health Hazards."

In this age of the cloud and connected platforms, securing privileged and confidential information has become a challenging task for contractors. In fact, the construction industry overall is behind the curve when it comes to cybersecurity, and the jobsite use of wearables - i.e., personal devices that monitor heart rates, sensors that track worker location and detect falls, and hard hat inserts that check for fatigue - has added another layer of concern as to whether the information these tools collect is as safe as it could be.

When long term care is needed, there are only a few options available to pay for those types of expenses. Genworth Life Insurance Company and CISCA are working together to provide members with access to long term care insurance protection.

In California, most employers are required to have a written Injury and Illness Prevention Plan (IIPP).
The IIPP is a written document that provides the basics of how you intend to keep your employees safe
in the workplace. The IIPP sets out who is responsible when it comes to safety and the steps that you
will take when it comes to safety.

t's important for any company to have a vendor payments strategy in today’s business climate. But the reality is it’s twice as imperative for construction companies to implement this process because the industry’s payment challenges are bigger - yet so is the opportunity. Payments are at the center of two critical areas of the construction business: vendor relationships and job progress. So getting strategic about how you pay can make a big impact.

Technology moves rapidly, and over the past 20 years, it’s been developing at a lightning-fast pace. Only recently has it crossed into the construction industry, where new software and tools continuously emerge and evolve. However, many of these breakthroughs face pushback when they’re born out of an aimless development process, where software developers found a hammer and are looking for nails rather than finding a nail and grabbing a hammer.