Categories
Categories
ACEC News / Education
April 4 Online Class: Why ESOPs Work So Well at Engineering Firms
The engineering industry has more ESOP ownership than just about any other industry. According to Robert Massengill of Pilot Hill Advisors, there are a lot of reasons why.
ACEC News / Awards
Nominate Top Guns in Your Firm for Young Professional of the Year Award
ACEC's annual Young Professional of the Year Award recognizes the accomplishments of young professionals who have contributed to the engineering industry and made an impact on society. The program aims to enhance the image of engineering by honoring young, diverse and talented engineers.
ACEC News / Advocacy
ACEC Calls on Congress to Invest in America’s Airports
Infrastructure Push an Opportunity to Increase AIP Funding and Remove PFC Cap
Industry News / Industry Statistics
Road Travel Set Mileage Record In 2018
Total U.S. vehicle miles traveled (VMT) reached a record-setting 3.225 trillion in 2018--an increase of 12.2 billion miles compared to 2017--according to the Federal Highway Administration. For the fifth year in a row, VMT topped 3 trillion.
Industry News / Industry Statistics
Coal and Renewables at "Crossover Point," According to Report
Almost three-quarters of U.S. coal production is now more expensive than solar and wind energy, according to a new report by Energy Innovation.
Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a publicly-traded special purpose acquisition company, and Atlas Intermediate Holdings LLC (“Atlas”) (combined together with Boxwood, the “Company”), a leading provider of professional testing, inspection, engineering and consulting services, announced today that they have entered into a definitive agreement whereby Atlas will become a wholly-owned indirect subsidiary of Boxwood. Immediately following the proposed transaction, Boxwood intends to change its name to Atlas Technical Consultants, Inc. (“Atlas Technical”) and its shares of Class A common stock are expected to continue to be listed on The Nasdaq Stock Market under the ticker symbol “ATCX.”
The joint venture of Gannett Fleming and Dewberry announced that it was awarded one of four five-year engineering/architecture indefinite delivery, indefinitely quantity (IDIQ) contracts issued by the U.S. Army Corps of Engineers (USACE) Jacksonville District.
WEST was awarded a 5-year Indefinite Delivery Architect-Engineer Contract worth up to $4.5 million from the U.S. Army Corps of Engineers (USACE), Los Angeles District for AE Hydrologic and Hydraulic Services for Civil Works Projects.
Indicators
ACEC Engineering Business Index (EBI)
62.6 (2Q, 2019)
62.2 (1Q, 2019)
Engineering Employment
1,521,800 (July)
1,517,500 (June)
Construction Spending
$1,286,997,000 (June)
$1,303,427,000 (May)
ACEC Stock Index
38.16 (August 5)
41.90 (July 29)
Dodge Momentum Index
138.9 (July)
145.6 (June)
Morrissey Goodale M&A Index
297 Deals year-over-year (August)
312 Deals year-over-year (July)
AIA Billings Index
49.1 (June)
50.2 (May)
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