How the CHIPS Act will impact your future construction plans and projects

Posted by Compass Group on Sep 21, 2022

Not a manufacturer? This massive bill could still impact your construction project.

In early August, President Biden signed the CHIPS and Science Act, enacting legislation to help keep more semiconductor manufacturing in the U.S. and reduce reliance on overseas production. The $52 billion CHIPS Act will subsidize U.S. semiconductor manufacturing and provide a 25% tax credit for companies that build facilities in the U.S.

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Topics: construction industry

3 trends for today’s office buildings: Flexibility and health are top priorities

Posted by Compass Group on Jul 18, 2022

When the COVID-19 pandemic hit, remote work became a way of life. More than two years later, companies continue to realize the benefits that a flexible work location can have on employee productivity. And with 83% of workers preferring a hybrid model, leaders also realize how offering hybrid options can retain and attract talent

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Topics: construction industry

Construction costs are rising — What does that mean for you?

Posted by Compass Group on May 18, 2022

Since the beginning of the pandemic in 2020, the cost of building materials has steadily risen alongside an increasing labor shortage. Supply chain issues have caused a spike in costs and severely extended the timelines for new construction.

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Topics: construction industry

Women in construction

Posted by Compass Group on Mar 1, 2022

Construction is a historically male-dominated field. With women accounting for approximately 47% of the total workforce, supporting female construction workers is vital for long-term industry growth. According to data from the U.S. Bureau of Labor Statistics, women make up only 11% of the industry. 

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Topics: construction industry

Three things you can do to prevent injury on the job

Posted by Compass Group on Jan 26, 2022

Insights from the 2020 Bureau of Labor Statistics report on fatal construction job-site injuries.

The annual release of the Bureau of Labor Statistics census of fatal occupational injuries is one of the best measurements of worker safety nationwide. The latest report shows that the number of fatal work injuries in 2020 was the lowest since 2013.

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Topics: construction industry, safety

Three military skills that apply to a career in construction

Posted by Compass Group on Jan 12, 2022

Compass Group is a veteran-owned business.

Ron and Lisa Flick founded Compass Group in 1999 and have been in the construction industry for more than 20 years. Before starting their company, they met while serving in the military.

The military teaches skills and values such as the ability to adapt, the importance of safety, and teamwork. For veterans transitioning into civilian life, these qualities lend themselves to successful careers in the construction industry.

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Topics: construction industry

3 ways to practice sustainability in the construction sector

Posted by Compass Group on Dec 27, 2021

Sustainable construction means using environmentally responsible processes throughout a building’s life cycle. Reducing the carbon footprint in the construction industry may seem like a daunting task, but the opportunities for construction companies to practice sustainability are endless.

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Topics: construction industry

Construction Industry Trends to Look Out for in 2022

Posted by Compass Group on Dec 11, 2021

The 2022 construction industry trends are promising and, thankfully, nothing like the ones that prevailed in 2020 and 2021. General contracting, land development, construction management, and other components of the construction industry are expected to be highly welcoming as the industry is staying up to date with advancements in technology and environmentally friendly consciousness. 

Here are the top construction industry trends to look out for in 2022.

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Topics: construction industry, construction technology

3 Critical Issues for Condo Associations After Surfside Collapse

Posted by Compass Group on Sep 21, 2021

In the wake of the Champlain Towers South building collapse, Florida condo associations are facing - and asking - tougher questions than ever before.  

Florida has more condominium units and condo associations than any other state (1,516,375 and 23,149 respectively, according to Tony D’Souza in Sarasota Magazine.) Under Florida law, condo boards have the obligation to address safety problems.  Understanding these three issues should be at the top of every association’s agenda.

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Topics: construction industry, safety

Qualities of a successful project manager

Posted by Compass Group on Jun 9, 2021

When you get the chance to build the hotel or commercial building of your dreams, you want your construction plans in the hands of a competent project manager. A day in the life of a construction project manager is filled with various tasks from budget balancing to tracking supplies. 

To stay on top on of their responsibilities, a successful project manager will be proficient in all of the following areas:

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Topics: construction industry