By: Kendall Jones on July 31st, 2020
Construction Industry Weekly News Recap – July 31, 2020
Here’s a quick rundown of this week’s top news and happenings in the construction industry. Each week, we’ll take a look at some of the interesting local, regional, and national stories about construction to keep you better informed of the goings-on in the industry.
Hilti Developing Exoskeletons for Construction Workers
Construction tool maker Hilti is teaming up with Ottobock, a manufacturer of prosthetic limbs, wheelchairs, and orthotic supports, to develop exoskeleton systems for use in construction. Their first product will be a passive system providing shoulder support to reduce strain when working with your arms overhead or at shoulder height. The Exo-01 uses a cable system to transfer the weight of a worker’s arms to the hips and is expected to be available in Fall 2020. – July 29, 2020 (PlaceTech)
Billions in Road and Transportation Projects Cancelled Due to Funding Shortages, COVID-19
A new report from the American Roads and Transportation Builders Association reveals that 14 states and 19 local authorities have been forced to delay or cancel road, airport, and transit projects. These delays and cancellations are a result of funding shortfalls caused by the COVID-19 pandemic. With shelter in place orders and many Americans working from home, gas tax revenues, which are used to fund some of these projects, have dropped dramatically. Per the ARTBA, these projects are worth a total of approximately $9 billion. – July 27, 2020 (ForConstructionPros)
Procore Launches Job Board for the Construction Industry
Construction software maker Procore released their new Construction Career Board to help contractors recruit employees and for construction workers to find new opportunities. When contractors post jobs on the Construction Career Board, it automatically will repost on other job listing sites. Job seekers can upload their resumes and create searches for jobs matching their criteria. The site is free to both job posters and job seekers. July 29, 2020 (Construction Dive)
Over 100 Workers Test Positive for Coronavirus at Montage Big Sky Construction Site
One of the biggest outbreaks of COVID-19 in Montana is on the construction site of the Montage Big Sky luxury resort. Since July 8, at least 116 workers at the jobsite have tested positive out of over 800 tests completed by contractor Suffolk Construction. Suffolk began implemented additional safety measures and guidelines back in March after six subcontractors tested positive while working on the $400 million ski resort. – July 30, 2020 (Business Insider)
Quarterly GDP and Construction Investments See Massive Drops
According to the latest release from the Bureau of Economic Analysis GDP dropped a whopping -32.9% in Q2 2020. Investment in nonresidential structures was down -34.9% and investment in residential structures dropped -38.7% in Q2. – July 30, 2020 (ConstructConnect)
Buildots Raises $16 Million for Construction Project Management SoftwareContech Startup Buildots recently announced $16 million in funding for their construction management software. Founded in 2018, the technology uses 360-degree cameras mounted to hardhats to capture progress on the jobsite. That is then compared to digital twin built by their software using the architectural drawings and construction schedule to determine what’s been completed, what’s missing, and whether the project will be completed on time. – July 30, 2020 (TechCrunch)
About Kendall Jones
Kendall Jones is the Editor in Chief at ConstructConnect. He has been writing about the construction industry for years, covering a wide range of topics from safety and technology to industry news and operating insights.