Sources: Turner Construction Co., New York
The First Quarter 2016 Turner Building Cost Index, a key measurement of the U.S. nonresidential market, has increased 1.15 percent from the prior quarter to a value of 970. “The shortage of skilled labor is outweighing the impact of declining material prices,” says Turner Construction Vice President Attilio Rivetti, who compiles the Cost Index. “As the volume of work remains relatively high, we expect subcontractors to continue to be strategic in pursuits, ultimately resulting in upward cost pressures.”
Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff
Set for early-July release, NRMCA’s Improving Concrete Quality shows ready mixed company executives and managers how to boost operational performance; reduce labor and material costs; and, lower the environmental footprint of concrete while raising the overall quality of cast-in-place construction.
Set for a premier this month in Las Vegas at 2014 World of Concrete, the Lo-Pro 327D model has time- and labor-saving potential, underscored by self-erecting and self-leveling features enabling installation without a crane. The plant can be erected on steel mats, eliminating the need for concrete foundations. It features large capacity (16 yd.) aggregate weighing bins with a low 10 ft., 7 in. charging height.