The Home Depot, the nation’s largest home improvement retailer, finalized its $18.25 billion acquisition of SRS Distribution, enhancing its position in the building materials industry and expanding its market by an estimated $50 billion.
THE TOTAL NUMBER of construction insolvencies in April 2024 was 4,401, according to official figures from the Insolvency Service. This is a 7.6% increase on the 4,089 insolvencies recorded in April 2023, and a 36.8% increase on the 3,218 in 2019. Construction Insolvencies Up 7% Construction has the highest rate of insolvency in the latest figures.
John DeRosa, director of contractor training at SRS Distribution, shares ideas on how to reframe time management to optimize your sales efforts.
Balfour Beatty has secured a £192m job to construct three new substations in Argyll, Scotland, on behalf of SSEN Transmission. The contract has been awarded through the GIS2 RIIO T2 framework, to which the company was appointed in 2022. Balfour will unite its Power Transmission & Distribution expertise with its regional capabilities in Scotland, to
Plans to build a mini Eden project at the site of a former gas works in Dundee have got the green light. Work to create an Eden Project on the East Dock Street site of the city would include the conversion of the existing gasholder and demolition of other buildings on the site. A separate
Business insurance giant QBE Europe is pulling-out of the construction bonds market for major contractors. QBE is a major player in the surety bonds market and the move will be a massive blow to main contractors already struggling to get cover. One contractor said: “QBE are a key provider in the construction market so this
United Utilities has announced another 18 partners who will help to deliver the largest environmental water programme in the North West in more than a century The water giant recently confirmed seven partners who will help to deliver major infrastructure projects for the company between 2025 and 2030. The 18 announced today are detailed design
In this video, Matt DiBara of The Contractor Consultants shares important strategies and tips that will supercharge your hiring process.
Federal authorities raided a roofing contractor’s company in Mitchell, S.D., for the second time, seizing firearms and ammunition; the owner, age 44, faces multiple federal and state charges from a December 2023 raid uncovering 125 firearms and drugs.
Beacon announced that Brooke Laizure, owner of Whirlwind Roofing & Construction, won the 2024 North American Female Roofing Professional of the Year, recognizing her dedication to the roofing industry and community empowerment.
