Archive for the 'Construction' Category

Wells Fargo New Jersey Labor Market Update: March 2017

New Jersey payroll employment slipped by 17,500 jobs in March while February’s gain was revised down to 10,900 jobs. The unemployment rate still dropped to 4.2 percent in March, matching its pre-recession low.

New Jersey’s Unemployment Rate Falls to 16-Year Low

Similar to the U.S. jobs report, March was a disappointing month for nonfarm payrolls in New Jersey, but the unemployment rate continued to drop. Nonfarm payrolls declined by 17,500 jobs during the month, with losses fairly broad based across the private sector. The largest cuts were in leisure & hospitality, professional & business services and trade, transportation & utilities. Some of the softness may have been temporary or weather-related, as the state was hit by a large winter storm during the March survey week. Most of the state’s major employment sectors added to payrolls over the past year, although construction hiring appears to have pulled back at bit, which bears watching.

New Jersey’s household employment data was less impacted by the weather and was much more positive. Notably, the state’s unemployment rate fell 0.2 percentage points to 4.2 percent which matched its pre-recession low. Civilian employment rose by 9,800 workers, while the labor force declined slightly. As a result, the number of unemployed declined. New Jersey’s unemployment rate is the lowest since May 2007. The state’s labor force participation rate is 2.7 percentage points lower, however.

NJ Employment Back to Pre-Recession Level: Now More Diverse

Benchmark revisions reveal that New Jersey payroll employment had actually surpassed its previous cycle high in September 2016, contrasting with previously published data. Now that the state has passed this milestone, we looked at how New Jersey’s employment base has changed over the past decade. Manufacturing employed 80,000 fewer workers in 2016 than in 2006, while government payrolls were down by 35,000 jobs. The combination of fallout from the housing bust and automation erased thousands of jobs in the finance, information and construction industries. A decade ago, New Jersey housed back office operations of financial firms in New York City— jobs vulnerable to automation and streamlining. Similarly, most of the decline in the information industry was in telecommunications and print publishing—sectors also impacted by changing technology.

New Jersey’s employment base is now more diverse, making it less exposed to industry-specific declines than a decade ago. The bottom chart illustrates that declines in government, manufacturing, construction, finance and information jobs were offset by gains in a broad spectrum of industries. Ambulatory health care, which includes outpatient care and doctors’ offices, saw the largest increase over the decade, followed by professional services, education and food services. Although it took New Jersey more than two years longer than the nation to rebuild its job base after the Great Recession, the diversification of the Garden State’s industrial base should make the state a little less cyclical than it has been in the past.

Source: U.S. Department of Labor and Wells Fargo Securities

James Joseph Elliott passed away August 4, 2016 at the age of 94

James Joseph Elliott May 03, 1922 - August 04, 2016

James Joseph Elliott May 03, 1922 – August 04, 2016

James Joseph Elliott passed away August 4, 2016 at the age of 94. James was born in Hastings, Nebraska, the youngest of seven children born to Joe and Anna Elliott. He enlisted in the United States Marine Corp with the 7th Regiment 1st Division while attending Hastings College. James was in the landing invasion of Okinawa and active in combat with the Japanese for the 86 day fight to secure the island. He then served in China for 9 months and was honorably discharged in 1946. James married Leitha Seberg and they shared 27 years together. After the passing of Leitha, he later married Jeannie Markert and they resided in Visalia for 28 years. Jeannie passed away on January 10, 2007. He leaves behind his companion of ten years, Betty Peters of Visalia. James is also survived by his children, Anne Hickman and Gregory Elliott and wife Mary, all of Bonanza, Oregon. James leaves the Elliott grandchildren, Teri Torres and husband, George Torres and Daniel Hickman and wife, Pamela; three great grandchildren Austin Torres, Hunter and Bryce Hickman. James was preceded in death by his son-in-law, Jeffrey Hickman and granddaughter Leanna Torres. He was a member of Grace Lutheran Church of Visalia for 27 years where he served as an usher for many years. James’ greatest love was for the Lord. He was a very spiritual man. He was a member of Avenue of the Flag, Veterans of Foreign Wars and American Legion. James volunteered at Kaweah Delta District Hospital as a Blue Boy and was a member of Lifestyle Center for 18 years. James worked as an advertising/public relations executive for over 60 years. Baseball was his passion. Our Dad had a great sense of humor; loved his family and loved life. Memorial services will be held on Wednesday, August 10, 2016 at 11:30 a.m. at Grace Lutheran Church, 1111 S. Conyer Street in Visalia. Remembrances may be made to Grace Lutheran Project “The Next 100 Years” or Avenue of the Flag, PO Box 1261, Visalia, CA. Tributes and condolences may be made at www.millerchapel.com. Arrangements entrusted to Miller Memorial Chapel, 1120 W. Goshen Ave., Visalia, CA (559) 732-8371.

Jim will be missed and remembered by his numerous friends in the construction industry where he plied his skills as an advertising and public relations executive for the Associated Construction Publications (ACP) from 1972 to 1990. Jim was ACP’s Western Regional representative responsible for all 14 ACP magazines (California Builder & Engineer, Construction, Construction Bulletin [no loner with the ACP magazines],Construction Digest, Construction News, Constructioneer, Dixie Contractor, Michigan Contractor & Builder, Midwest Contractor, New England Construction, Pacific Builder & Engineer, Rocky Mountain Construction, Texas Contractor, Western Builder) – a big territory, from Oregon to the Dakotas all the way to Texas. After leaving the ACPs Jim was an independent rep for several publications including the Associated Equipment Distributors (AED) association magazine.

Jim really was an industry icon.

Greg Sitek

CASE Construction Equipment Announces 2016 “Diamond Dealer” and “Gold Dealer” Award Winners

Diamond Dealer Logo copyNorth American dealers recognized for excellence in five categories related to sales and support of CASE construction equipment.            

CASE Construction Equipment has released its list of 2016 “Diamond Dealer” and “Gold Dealer” award recipients as a part of its North American Construction Equipment Partnership Program. The awards recognize dealerships across the US and Canada for leadership in growing the CASE dealer network, as well as excellence in five categories: sales performance, marketing and communications, product support, parts support and training.

The 2016 Diamond Dealer award winners are: ASCO (Texas), Birkey’s Construction Equipment (Ill.), J.R. Brisson Equipment (Ontario), Burris Equipment Company (Ill.), Groff Tractor (Pa., Md. and N.J.), Hills Machinery (N.C., S.C.), HiTrac (Manitoba), Kucera Farm Supply (Ontario), McKeel Equipment (Ky.), Miller Bradford & Risberg (Wis., Mi. and Ill.), Nueces Power Equipment (Texas), Redhead Equipment (Saskatchewan) and State Equipment (Ky., W.Va.).

The 2016 Gold Dealer award winners are: Crawler Supply Company (La.), Diamond Equipment (Ill., Ind., Ky. and Tenn.), Eagle Power & Equipment (Pa., Del.), Hopf Equipment (Ind.), Longus Equipment (Quebec), McCann Industries (Ill., Ind.), Medico Industries (Pa.), Monroe Tractor (N.Y.), OCT Equipment (Okla.), Potter Equipment (Ark., Mo.), RPM Machinery (Mich., Ind.), Scott Equipment (La., Ark.), Sequoia Equipment (Calif.), Townline Equipment (N.H.), Triebold Implement (Wis.) and Yukon Equipment (Alaska).

“I would like to congratulate these exemplary dealers who have displayed true leadership and dedication in growing the CASE brand,” says Scott Harris, vice president for CASE Construction Equipment in North America. “These high-performing dealerships live up to the CASE brand promise throughout every aspect of their business; hiring the right people, delivering a differentiated level of service in market, and building enduring relationships with customers.”

CASE’s Partnership Program is designed to increase dealer performance per the results of a dealer assessment while encouraging them to excel in their role as a “Professional Partner” to customers.

ARTBA Announces: Contractors from Virginia, Michigan and Florida 
Receive National Safety Awards

292e959e-725e-47e9-b81f-3973809ceb6bTransportation construction companies from Virginia, Michigan and Florida were recognized for their outstanding corporate worker safety programs at the 2015 American Road & Transportation Builders Association’s (ARTBA) National Convention in Philadelphia. An awards ceremony took place during a Sept. 30 luncheon.

Winning firms were the top honorees of ARTBA’s Transportation Development Foundation’s (TDF) annual “Contractor Safety Awards,” a program developed to promote worker safety and health as core values of the transportation design and construction industry. Award winners demonstrated a low “OSHA Recordable Rate” as measured against benchmark metrics established by the Bureau of Labor Statistics.

Finalists were selected based on their achievements, as evidenced by recordable rates below the industry average. Representatives from each company were invited to make a presentation before a panel of industry professionals during the association’s convention. An ARTBA member panel of judges evaluated the entries based on corporate safety culture, operational safety plans and worker training programs. Awards were presented in three categories, based on the number of employee hours worked during the previous year:

  • 500,000 or fewer hours: Hardman Construction, Ludington, Michigan
  • 500,001 to 800,000 hours: Branch Highways, Inc., Roanoke, Virginia
  • 800,000 or more: Superior Construction Company Southeast, Jacksonville, Florida

Charlie Luck Takes Over As Chairman of the National Stone, Sand & Gravel Association

image001Charles Luck IV, president and CEO of Luck Companies, Richmond, Va., is the 2015 Chairman of the Board of the National Stone, Sand and Gravel Association (NSSGA). His election came during the NSSGA Board of Directors’ meeting at the association’s annual convention in Baltimore.

“Charlie’s insights into what the aggregates industry faces each day, coupled with his values based leadership, will take NSSGA to the next level,” said NSSGA President and CEO Michael W. Johnson. “He is well-prepared to lead and execute our Rocks Build America strategic plan and will advance our association as the leading voice of the industry.”

Charlie Luck IVIn his acceptance address to the NSSGA Annual Membership meeting, Luck urged all to think about how the aggregates industry impacts America. “Let’s never forget that we are building the future infrastructure of our country that enables a quality of life that many other countries can only wish to have,” he said.

He also called on the entire aggregates industry to be a part of the effort and to make a difference. “When all of us are engaged and committed, NSSGA is doing well. When NSSGA is doing well, we are building a better future for this country.”

Luck also outlined a key priority for 2015: a Board Evolution Initiative. “We have a best-in-class strategy, now how do we get a best-in-class board structure?” he asked.

The plan calls for a task force to provide recommendations on a new board structure and rule changes to align the governance of NSSGA with the Rocks Build America strategic plan. “The goal is to have representation in every state with highly qualified and highly committed leaders to ensure the long-term health of NSSGA and the aggregates industry,” Luck said.

Luck considers himself the guardian of a family legacy, built on the founding principles of honesty, integrity and reliability. A 1983 graduate of the Virginia Military Institute with a Bachelor of Science degree in Civil Engineering, Luck is an active member in several professional and trade associations as well as numerous community organizations.

He oversees a growing corporation that employs approximately 800 and has locations in the mid-Atlantic and northeast through its four distinct business units: Luck Stone; Luck Stone Center, Har-Tru Sports and Luck Development Partners. One of Luck’s goals is to ensure the future growth and development of employees and the corporation, while maintaining the company’s leadership role in the aggregates industry.

In April 2011, Luck was honored as the University of Richmond’s Robins School of Business Executive of the Year. He is active in civic affairs in Va., and currently serves as a board member for a number of organizations including: the Virginia Foundation for Independent Schools; Virginia Military Institute’s Jackson Hope-Fund; and the Virginia Business Council.

Founded in 1923 and having thrived under the leadership of three generations of the Luck family, Luck Companies has embraced creativity, commitment, leadership and integrity as its core values, and strives to build a culture centered on the success of others. Luck Companies inspires its associates, customers, partners and communities to positively impact their lives and the lives of those around them through Values Based Leadership. Luck Companies believes the best path to exemplary personal and business performance is through making a difference in the lives of others around the world. To learn more about Luck Companies, please visit luckcompanies.com.

NSSGA is the leading voice and advocate for the aggregates industry. Its members – stone, sand and gravel producers and the equipment manufacturers and service providers who support them – produce the essential raw materials found in homes, buildings, roads, bridges and public works projects and represent more than 90 percent of the crushed stone and 70 percent of the sand and gravel mined annually in the United States. Production of aggregates in the U.S. in 2014 totaled 2.17 billion metric tons at a value of $20.3 billion. The aggregates industry employs approximately 100,000 highly-skilled men and women.