See what delivers results and keep up to date with important news topics within our industry.
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SAVING PERFORMANCE REVIEWS: WHY AND HOW YOU SHOULD KEEP THEM AROUND
It’s that time of the quarter again: review time. Every three months, our
team reviews employees
, asking for feedback from that past quarter. Each time, I stay up to read as many of them as possible. I enjoy seeing what the different teams are working on, and it helps me
stay in touch
with projects and how our biggest investment — our team — is feeling.
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6 problems the construction industry should resolve
The market for the construction industry is there, and what’s more, it’s growing. Construction is already one of the most significant sectors, according to PwC, contributing to 11 percent of the world’s GDP. Within about 19 months, that figure global construction growth is
predicted to rise to 13.2 percent
. However, this intense and unwavering demand puts even more pressure on the industry to address its underlying challenges.
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US construction industry has a bright future
A new report from the Equipment Leasing and Finance Foundation,
Vertical Market Outlook Series – Construction
, said the near-term residential and commercial construction markets should continue to grow. In the report, ELFF highlighted the i
ndustry's record spending in 2017 and predicted a 5% industry growth in 2018, according to the
Monitor
.
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West Virginia headed in the right direction
West Virginia is headed in the right direction and there is much to celebrate. Our unemployment rate is low, job growth is high, we anticipate a budget surplus for the first time in years and our workforce participation rate is improving. And this is just the beginning.
Our teachers received a historic raise. We are seeing an incredible amount of infrastructure development. Road and bridge construction is underway at an unprecedented rate and multiple interstate natural gas pipelines are being developed, which will help grow our state’s gas industry and the jobs it provides.
Gov. Jim Justice is leading the charge with President Donald Trump to assure mining and power plant jobs are retained in West Virginia. The Trump-Justice Plan will ensure the safety of America’s power grid while helping grow our economy here at home.
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Kalkreuth Sponsoring Debbie Green 5K in Wheeling
For the third year, Kalkreuth Roofing and Sheet Metal has been named as title sponsor for the Debbie Green Memorial 5K Run/Walk for Leukemia, with a donation of $7,500 for the cause.
The event raises funds to donate to children suffering from all forms of pediatric cancers each year. Race organizer Ron Green said the race tends to bring in enough to assist one to three children in the area, which is their goal and their upper limit.
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Construction for new 264-bed dorm on WVU Tech's campus to begin within next few weeks
In Fall 2019, a set of WVU Tech students will be the first to live in a new, built from the ground up, residence hall with amenities current students requested would make their experience at Tech a better place.
The West Virginia University Board of Governors officially authorized Friday for the University to enter into a lease and development agreement for new student housing on WVU Tech's campus.
Richard Carpinelli, WVU Tech's Dean of Students, told The Register-Herald the new housing facility was specifically designed based upon requests from students. He said focus groups were conducted among students on campus, who requested the soon-to-be 264-bed dormitory to have a fitness center, laundry facilities and food services.
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Shell plant gets football-field-sized tower delivered by barge
Shell Pennsylvania has moved a football-field-long, 1,800-ton tower integral to its Beaver County ethane cracker from Texas to the Potter Township site in the past few weeks.
The Quench Tower, as it’s called, is a critical step in the key work that will be done at the facility when it’s up and running early next decade. The tower is where the ethylene stream is cooled by water. It was shipped from overseas to the Port of Houston and then shipped by barge up the Mississippi and Ohio rivers to Beaver County, where a specially made dock along the Ohio straddling the site disembarked the tower on its side.
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JSW Could Invest In ‘Ridiculously Exciting’ Plan With a Possible Total of $500M
The restart of the electric arc furnace could be joined by a second furnace and a total investment of $500 million in rebuilding the former Wheeling-Pittsburgh Steel Corp. mill in Mingo Junction.
Officials of JSW Steel, a leading Indian steelmaker, announced their plans and signed certificates Thursday with Secretary of Commerce Wilbur Ross during the SelectUSA Investment Summit at National Harbor, Maryland, across the Potomac River from Washington.
JSW initially will spend $250 million to restart the electric arc furnace and refurbish the hot strip mill and slab caster.
If market conditions support it, a second phase would include another $250 million investment for a second EAF and additional hot strip mill equipment, pending the outcome of feasibility studies and permit approvals, the steelmaker said.
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Marshall County Must Put Work Back Out For Bid
Ongoing oil and gas work was the reason contractors gave for not submitting bids for proposed work at two Marshall County facilities.
During Tuesday’s meeting of the Marshall County Commission, county administrator Betsy Frohnapfel said renovation work to the Veterans Plaza — on the northeast side of the courthouse lawn — and the Marshall County Animal Shelter was not successfully bid out. Frohnapfel said one bid meeting had one attendee while the other was attended by two.
Frohnapfel said the contractors who responded advised that they were currently tied up with oil and gas work, and that the county would put the projects back out to bid in two or three months.
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Agenda for Thursday's BIC Regional Meeting
Please take a few minutes to look over this agenda and send in your RSVPs so we have an accurate head count for lunch.
BIC’s Policy & Progress regional meeting
11:30 a.m. to 1:30 p.m. June 28
WesBanco Arena, Wheeling, W.Va.
11:30 a.m.
Lunch
12:00 p.m.
Welcome and introductions: Chris Hamilton, WV Business & Industry Council
12:10 p.m.
Wheeling Area Business Roundup
- Delegate Erikka Storch, Wheeling Area Chamber of Commerce
- Mike Carl, Ohio Valley Construction Employers Council
- Don Rigby, Regional Economic Development Partnership
12:30 p.m.
West Virginia Policy Successes
- Senate President/Lt. Gov. Mitch Carmichael
- Senate Majority Leader Ryan Ferns
12:50 p.m.
News from the Governor’s Office: Mike Hall, Chief of Staff, Gov. Jim Justice
1:10 p.m.
West Virginia Roads to Prosperity Update: David Brabham, WV Division of
Highways
District 6
1:30 p.m.
Closing Remarks/Adjourn
There is no cost to attend, but please RSVP to
ovcec@ovcec.com
or (304) 242-0520.
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OVCEC's June edition of Under Construction is available! The Under Construction Magazine features current news and information regarding the latest construction techniques, methods and equipment, safety, as well as economic updates and news on the people in the Ohio Valley's construction industry.
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