Barbara Mulkey is founder and retired chairman of Mulkey Engineers & Consultants, Inc., a mid-sized, multi-discipline civil and environmental engineering firm in Cary, NC. Thirty years later, the engineering consulting firm is a powerhouse in the region and is consistently recognized as one of Engineering News Record’s “Top 500 Engineering Companies.” Mulkey is the new elected chair of…
Business
CAGC Hall of Fame/Legacy Awards Announced
Carolinas AGC (CAGC) has announced its 2024 Hall of Fame and Hall of Fame Legacy winners. These individuals and their families will be celebrated at the CAGC Summer Summit and Expo in August. HALL OF FAME | LEGACY Andy Clark, Clark Pavement Marking Berry Jenkins, CAGC James Triplett, United Infrastructure Group Frederick Triplett, Sr., United Infrastructure Group…
Vantage Risk Introduces U.S. Large Property Insurance
Vantage Group Holdings Ltd. (Vantage) launched today its U.S. Large Property offering through its U.S. insurance subsidiaries, further extending the company’s insurance capabilities for its brokers and clients. Vantage’s new U.S. Large Property team builds on the group’s existing property expertise and sustained portfolio growth. Designed to serve a broad range of middle market and corporate…
FMI 2024 North American Engineering and Construction Overview: Second Quarter
FMI recently released their 2024 North American Engineering and Construction Overview: Second Quarter. According to the Outlook, engineering and construction spending is expected to end 2024 up 5%, but not all sectors will be the same. Manufacturing, lodging, and highway and street look poised for double-digit growth while those in the multifamily and commercial sectors…
DOL’s Overtime Salary Level Threshold Increase Will Harm Small Businesses, Says ABC
Associated Builders and Contractors today issued the following statement opposing the U.S. Department of Labor’s final rule that will change overtime regulations under the Fair Labor Standards Act. The final rule increases the minimum annual salary level threshold for exemption in two phases: from the current level of $35,568 to $43,888 on July 1, 2024,…
Markets
EDP Renewables Celebrates its First North Carolina Solar Park
EDP Renewables North America LLC (EDPR NA), a leading top five renewable energy developer and operator in North America, is pleased to present the recently completed Misenheimer Solar Park, located in the Village of Misenheimer in Stanly County, North Carolina. The solar project is one of the largest in the state, with an installed capacity of 74 megawatts (MW). Misenheimer…
Toyota Charges Up Investment and Jobs in U.S. Manufacturing
Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota’s commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 new, high-quality jobs…
Duke Energy’s Annual Impact Report Shares Progress Toward a Cleaner Tomorrow That Includes Affordability and Reliability
Duke Energy (NYSE: DUK) today released its 2023 Impact Report, its 18th annual accounting of its progress toward its sustainable business goals. This year’s report includes highlights from its 2050 clean energy transition strategy, which strives to deliver industry-leading reliability, competitive rates for customers, and accelerated infrastructure and economic development to meet the growing needs of its…
NC Governor Cooper Announces 157 New Jobs as Innovative Construction Group Selects Chatham County
Innovative Construction Group, LLC, an off-site construction services company serving developers, general contractors, and professional builders, expects to establish a new manufacturing facility in Chatham County and the Town of Siler City. The company plans to make a capital investment of approximately $39.8 million which will create, they believe, as many as 157 jobs over…