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Construction Dive
Last month, The Wall Street Journal reported a commercial glass shortage, specifically for curtain wall, the non-structural, metal-framed glass that covers the exterior of many high-rises and other commercial buildings. According to The Journal, the shortage is driving construction costs up and has the potential to stall projects all over the country. So is there really a true glass shortage? Or can the tight supply be chalked up to the cyclical ups and downs of the construction industry?
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Green Building Elements
Single pane windows in existing homes and commercial buildings waste a lot of energy, but replacing them with modern, energy efficient windows can be costly. To address this issue, the U.S. Department of Energy's Advanced Research Projects Agency-Energy announced on Oct. 7 that it is providing up to $30 million in funding for a new initiative. Known as the Single-pane Highly Insulating Efficient Lucid Designs program, it will focus on improving the energy efficiency of buildings by reduce heat loss.
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Safety + Health Magazine
An OSHA final rule that would require electronic recordkeeping and reporting is under review by the White House’s Office of Management and Budget.
OMB received the Improve Tracking of Workplace Injuries and Illnesses rule on Oct. 5. Reviews are limited to 90 days but often are extended. OSHA issued a proposed rule hin November 2013
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Builder
The construction sector has seen more fatal occupational injuries, but a lower fatal injury rate in 2014, according to Bureau of Labor Statistics' recent release of the National Census of Fatal Occupational Injuries.
A total of 874 fatal occupational injuries in the construction industry were reported last year, up 5.6 percent from the revised outcome in 2013. Last year also marks the third year in a row that fatal injuries have climbed since the 2011 low of 738. However, construction's preliminary rate of fatal work injury was 9.5 percent per 100,000 full-time equivalent workers in 2014, down 0.2 percent from the prior year — an indication that a larger number of full-time workers have been added to the sector.
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By Fred Berns
What's it take to develop long-term customer relationships? How can you turn contacts into ongoing contracts? How can you convert current clients into continuing ones? Those are critical questions, and the best way to answer them is to put aside the binoculars you use to seek out new prospects. Reach instead for your microscope, so you can dissect your current client relationships and determine ways to expand those connections.
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For Construction Pros
The concept of strengthening a person's weaknesses is folly. It simply doesn't work. The current accepted practice is to identify each employee's strengths and position the employee to be spending as much time as possible performing tasks that play to those strengths.
Don't let a peer, friend or book tell you what role you should be playing in your business. Most people have this idea that a small business owner must be skilled at all parts of the business: sales, operations, administration, finance and staffing.
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The Wall Street Journal
In a positive sign for the U.S. economy — albeit incrementally so — the financial health of construction companies is improving.
Creditsafe Inc., a U.K.-based supplier of online business-credit reports, assessed the credit of roughly 1.7 million American construction firms to find that roughly 250,000 now rank as high credit risks, down by 5.8 percent from a year ago. Meanwhile, the number of those classified as low risk increased by 1.7 percent to roughly 1 million.
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