After 75 years in operation, British construction business NMCN collapsed on October 6, 2021, following a failure to secure refinancing. The contractor went into administration — a situation similar to...
Multiple recent industry surveys have indicated that subcontractors around the US are looking positively to the future in terms of business growth — but must content with looming pandemic effects,...
2020 was a hard year for the construction industry, and the full cost of the COVID-19 pandemic’s impact is still being measured. While much of the US is largely back...
When the SBA rolled out the Paycheck Protection Program (PPP) at the onset of the pandemic, they provided forgivable loans that helped keep a number of struggling construction businesses afloat....
Sound the alarm! Sound the alarm! The construction industry is impacted by the coronavirus. And the impact is big. Cities across the country have already begun to shut down construction....