Construction
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Canada-based Bitumar takes over operations at Hudson Cos.
Liquid asphalt importer and provider Hudson Cos. announced Saturday that the Canada-based Bitumar Inc. has taken over most of the operations at its Providence plant, as part of the broader process of selling Hudson’s assets. more
Construction spending in U.S. increases on private building
Construction spending in the U.S. climbed in April, as private projects rose and public spending slumped. more
Construction employment drops in Providence metro in April
Construction employment declined in 123 of 339 metro areas – including the Providence-Fall River-Warwick area – rose in 170 out of 339 metro areas – including the New Bedford area – and stayed stagnant in 46 metro areas from April 2012 to April 2013. more
| 5/29/13
Building Futures wins Workforce Board’s innovation award
Building Futures, a program of The Providence Plan, was named the 2013 winner of the Governor’s Workforce Board’s Innovation Award. more
| 5/21/13
R.I. sees 3rd-highest construction job contraction in April
During the past year, construction employment in Rhode Island fell nearly 9 percent, or 1,400 jobs, according to the Associated General Contractors of America. more
Homebuilder confidence in U.S. climbs on improving outlook
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates. more
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Housing starts in U.S. surge on demand for multifamily units
New-home construction in the U.S. jumped more than forecast in March as multifamily projects climbed to the highest level in more than seven years. more
Construction employment drops 10% in Prov. metro in Feb.
Construction employment declined in 132 of 339 metro areas, – including the Providence-Fall River-Warwick area – rose in 158 out of 339 metro areas and stayed stagnant in 49 metro areas – including the New Bedford area – from February 2012 to February 2013, according to a report from the Associated General Contractors of America. more
| 4/10/13
Gilbane: Spending growth seems ‘here to stay’
After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
| 4/3/13
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