May Construction Data Paints Mixed Picture

June 15, 2015

The Dodge Momentum Index, a monthly measure of the first report for nonresidential building projects in planning, dipped ever-so-slightly in May, extending what has been an essentially flat 2015. However, in better news, construction hiring increased in the month, continuing that trend.

The May Momentum Index came in at 122.3, a hair lower than April’s 122.6. According to a Dodge Data & Analytics release, “After rising over the course of 2014, the Index thus far in 2015 has been basically flat, consistent with other measures highlighting sluggish economic conditions. Even with this near term pause, the Index in May was still up 6.1 percent compared to the same month a year ago.”

According to the National Estimates Branch, Current Employment Statistics Survey, U.S. Bureau of Labor Statistics, “Construction employment continued to trend up (+17,000) over the month. Employment in construction has grown by 273,000 (+4.5 percent) over the past 12 months.”

 

GAP Announces Director of Finance for New Partnership

June 4, 2015

Ariel Peralta has joined Graham Architectural Products (GAP) as director of finance for the company’s new partnership with Continental Glass Systems, LLC, Hialeah, Florida.
In this position, Peralta will lead, direct and implement the company’s strategic and tactical financial reporting and accounting activities for the new and growing window wall business. In addition, he will …

Retrofit Magazine Highlights GAP’s Historic Replication Work

June 1, 2015

When it comes to renovating historic architecture, only a handful of companies are able to replicate the look of the original windows while designing the thermal performance enhancements necessary to achieve optimal energy- and cost-efficiency.
Yet this unique ability is increasingly in demand as more older buildings are repurposed and more owners seek to defray …