Ware Malcomb announced on Feb. 20 that construction is complete on Creekside Logistics, a new Class A warehouse development located just outside of Nashville, Tennessee, in the town of Smyrna, Tennessee. Ware Malcomb provided architecture and interior design services for the 371,000-square-foot, three-building project.
Associated Builders and Contractors reported on Feb. 13 that its Construction Backlog Indicator declined to 8.4 months in January, according to an ABC member survey conducted from Jan. 22 to Feb. 4. The reading is down 0.6 months from January 2023.
Ware Malcomb announced that Azin Khorram and Lisa Reed have joined the firm as directors of strategic accounts. In their roles, Khorram and Reed will focus on building global and national corporate account relationships to support Ware Malcomb’s regional leaders.
RectorSeal continues to press forward on the acquisition trail. On Feb. 6, RectorSeal announced the acquisition of Dust Free indoor air quality products.
The not seasonally adjusted national construction unemployment rate of 4.4 percent was unchanged in December 2023 from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released on Feb. 5 by Associated Builders and Contractors.
Construction input prices increased 0.4 percent in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released on Aug. 13.