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Surety Bonds 03.13.2021

Positive Predictions

  Up, up and away for public and private construction is the prediction of Ward Nye, CEO of building material supply company Martin Marietta—which is valued at over $21 billion. Optimism In The Air Martin…
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Positive Predictions
Surety Bonds 03.13.2021

Green Manufacturing Slated to Begin in Hazelton, PA

  Green construction company Nexii’s renovated manufacturing facility is set to open this spring in Hazelton, Pennsylvania. The goal: producing over 8 million square feet of building panels every year. Escalating Customer Demand Canadian based…
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Green Manufacturing Slated to Begin in Hazelton, PA
Surety Bonds 03.09.2021

Springing Forward: Construction Forecast

  As 2021 starts to gets its groove on, experts predict that the construction industry will be making up for lost time. Many contractors are likely to be hiring again—there could even be a labor…
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Springing Forward: Construction Forecast
Surety Bonds 03.09.2021

Constructing a Beach—In Manhattan!

On the radar for over 20 years, construction at Gansevoort Peninsula is underway, and when completed in 2023 there Manhattan will have a new ballfield—and a sandy beach Both are eagerly anticipated by Hudson River…
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Constructing a Beach—In Manhattan!
Surety Bonds 03.09.2021

Busy In Baltimore: E-Commerce Keeps Port Bustling

  There’s optimism flowing from the ports in Baltimore after 2020 finished much stronger than it began. Construction of a new berth in the port and eagerly anticipated work on the Howard Street Tunnel position…
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Busy In Baltimore: E-Commerce Keeps Port Bustling
Surety Bonds 03.04.2021

Green Light: $17 Billion in New York City

New York City plans to  “un-pause” over 1,700 projects before the end of March, in a recovery effort that will restart $17 billion in capital construction projects. Public Works and Jobs Too Mayor Bill de…
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Green Light: $17 Billion in New York City
Surety Bonds 03.04.2021

Anticipating State Funds For Transportation

At least 25 states across the country have this in common right now: their legislators are working on infrastructure bills to fund transportation projects. Massachusetts has already approved a $16.5 billion bond. State Legislation Underway…
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Anticipating State Funds For Transportation
Surety Bonds 03.04.2021

Commercial Construction: Pivot Time?  

As residential construction continues to boom, commercial contractors are jumping into the action. Some of the customers driving the boom are first-time buyers—who are making tech-enabled purchases without ever actually seeing their new home. Strong…
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Commercial Construction: Pivot Time?  
Surety Bonds 02.24.2021

Agility Helps As Builders Confront Supply Chain Woes

 Nearly a year into the pandemic, supply chain woes continue to challenge the construction industry. In response, contractors are demonstrating ever more agility. Material Shortages and High Pricing In Alabama, a custom home builder reports…
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Agility Helps As Builders Confront Supply Chain Woes