Posted on Wednesday, June 21, 2017 1:27 PM By Donna Reichle
Industry executives, suppliers and stakeholders joined ABC members for the third annual ABC Diversity & Inclusion Summit in Washington, D.C., on June 19-20. The program was headlined by Department of Housing and Urban Development (HUD) Secretary Ben Carson and included sessions on diversity and inclusion success stories, the Tuskegee University architecture and construction science program and the impact of ABC’s Safety Training Evaluation Process (STEP) on MBE companies.
Posted on Wednesday, June 21, 2017 11:29 AM By Donna Reichle
ABC applauded President Trump’s executive action on apprenticeships, which is an important step toward building new career opportunities for all Americans. If fully implemented, the order will allow industries to build innovative workforce development systems that address glaring skills gaps in our workforce. With the construction industry currently facing a workforce shortage of as many as 500,000 jobs, this order is an important first step to allow more entryways into becoming a construction professional.
Posted on Wednesday, June 14, 2017 3:53 PM By Donna Reichle
In the waning days of the Obama administration, the Treasury Department released proposed regulations under Section 2704 that could have a profound impact on the valuation and therefore taxation of family businesses. The regulations as written would institute back-door “family attribution,” a standard that has been rejected by the courts for decades, and that would jeopardize traditional discounts for minority ownership stakes, inflating tax bases by as much as 40 percent. As the regulations were not finalized by the time President Obama left office, there is no effective date, but the rule remains pending.
Posted on Wednesday, June 14, 2017 1:30 PM By Donna Reichle
To celebrate Workforce Development Week, June 12-16, the Trump administration planned a full schedule of events as a backdrop to discuss the growing demand for skilled labor, address the need to fill six million jobs and expand apprenticeship programs across the country. On June 12, U.S. Secretary of Labor Alexander Acosta released a memorandum asking other agencies to support President Trump’s apprenticeship initiative by reducing regulations on these programs.
Posted on Wednesday, June 14, 2017 1:22 PM By Donna Reichle
Last week, President Trump, along with Vice President Mike Pence and U.S. Secretary of Transportation Elaine Chao, launched the White House’s Infrastructure Week and revealed several high-level details on the administration’s forthcoming infrastructure package.
Posted on Friday, June 9, 2017 3:43 PM By Donna Reichle
In the lead-up to Legislative Week, ABC is working with Washington, D.C.-based news radio powerhouse WTOP to help tell the organization's story to Congress, the administration and federal agencies. The Building America thought leadership series includes a mix of radio commercials, website ads, video features and digital content that highlight ABC’s commitment to workforce development, safety and the merit shop philosophy.
Posted on Wednesday, May 3, 2017 1:51 PM By Donna Reichle
ABC was saddened by the news that former ABC President Lawrence Hogan Sr. suffered a stroke and passed away on April 20. A man of integrity who served his country and community for many years, he will surely be missed by those who knew him.
Posted on Wednesday, March 22, 2017 1:23 PM By Donna Reichle
Associated Builders and Contractors (ABC) recently released its 2017 Safety Performance Report to further the construction industry’s understanding of how to make jobsites safer through its Safety Training Evaluation Process (STEP). Packed with infographics and practical takeaways, the report documents the dramatic impact of using proactive safety practices to reduce recordable incidents by up to 87 percent, making the best-performing companies 770 percent safer than the industry average.
Posted on Tuesday, January 24, 2017 4:42 PM By Donna Reichle
Award-winning ABC member Hensel Phelps is celebrating its 80th year of continuous operations in 2017. Founded in Greeley, Colo., in 1937, the award-winning firm has evolved from home building and remodeling into a multibillion-dollar employee-owned firm, delivering landmark buildings both nationally and internationally.
Posted on Wednesday, October 12, 2016 12:01 PM By Donna Reichle
On Monday , Oct. 17 at 11 a.m. representatives from the Wage and Hour Division will cover the basics of the U.S. Department of Labor’s final rule updating the overtime regulations of the Fair Labor Standards Act (FLSA), highlight resources and guidance available for employers, and answer compliance assistance questions.