News (70)


Trump Signs $2T Stimulus Bill for COVID-19

On Friday (March 27), President Donald J. Trump signed a $2 trillion stimulus bill aimed to help American citizens experiencing lay-offs, companies suffering financially and the health care ...


Survey Looks at Coatings Industry During Crisis

Recently, research company Gardner Intelligence has collected feedback from coatings and finishing manufacturers in an attempt to navigate how the COVID-19 pandemic is specifically affecting...


Largest Nuclear Power Producer Faces Issues

Engineers have recently been tasked with fixing eight faulty welds at Normandy, France-based Flamanville nuclear power plant, which is intended to showcase the country's aptitude for nuclear...


UK Coatings Groups Examine Brexit

Working together, the British Coatings Federation and the British Adhesives and Sealants Association will be examining how Brexit—the United Kingdom's prospective withdrawal from the Europea...


UK Coatings Organizations to Hold Meeting on Brexit

The British Coatings Federation and the British Adhesives and Sealants Association are joining forces to shed light on how Brexit—the prospective withdrawal of the United Kingdom from the Eu...


Large UK Construction Firm Financially Collapses

The United Kingdom’s government is doing damage control after one of the largest construction and outsourcing firms financially collapsed on Monday, prompting unions to call for an investiga...


OSHA Revamps Protocol with New Campaign

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) is calling on employers to update their safety protocols with the recently launched “Safe and Sound Campai...


OSHA Launches New 'Safe and Sound Campaign'

The U.S. Department of Labor’s Occupational Safety and Health Administration recently launched its “Safe and Sound Campaign,” which calls on employers to review and revamp their safety proto...


US Construction Jobs On the Rise

According to new government numbers, the construction industry in the United States added 36,000 jobs, and saw an increase in pay for workers, in January, though jobs on civil engineering pr...


Construction Sees Job Gains, Higher Pay

U.S. construction employment started 2017 on a positive note, adding 36,000 net new jobs on a seasonally adjusted basis in January, as well as increasing worker pay, according to new analyse...


AIA Forecast: Construction Up, Industrial Lags

Industrial facility construction won't be getting the same boost that commercial building will see in 2017, according to one major industry group.


AIA Posts Healthy Outlook for Construction

Retail, office and hotel construction is forecast to dominate the building recovery in 2017. However, industrial construction is projected to see almost no increase.


Rates, Charges Take Toll on PPG Q4

Paint and coatings giant PPG reported a dip in net sales and a nosedive in net income for its fourth quarter 2016 due to unfavorable currency rates and charges related to its global restruct...


Restructuring, Currency Affect PPG Q4

Sales and net income were both down in the fourth quarter of 2016 for paints and coatings manufacturer PPG, owing largely to unfavorable currency rates and charges related to restructuring, ...


US Construction Industry Hiring in 2017

A new sampling of opinion in the U.S. construction industry indicates that most American contractors are prepared to add staff in the coming year.


Construction Outlook Positive for 2017

Nearly three quarters of American construction companies plan to increase headcounts in 2017, according to a survey released this week.


US Construction Spending Hits 10-Year High

Bolstered by street and highway work, nonresidential construction was up nearly 5 percent in November, helping to move U.S. construction spending to numbers not seen in a decade, new federal...


Builder Spending Surges to 10-Year High

Investment in both private and public construction sectors helped propel U.S. construction spending to its highest level in 10 years, according to new federal data.


Penguins' Home Gets PPG Name

Architectural coatings global powerhouse PPG has scored big in its hometown—the company announced Tuesday (Oct. 4) that the National Hockey League’s Pittsburgh Penguins arena would be rename...


PPG Backs Its Hometown Team

With its global headquarters in town and 2,300 employees in the region, PPG says it's proud to call Pittsburgh home. The coatings giant took that pride one step further by acquiring the nami...


Builders See Slow, Steady Growth

U.S. builders broke ground on new homes at a slightly faster pace in June, signifying that the market continues to inch toward recovery, new federal data shows.


‘Big 3’ Shipyards Get State Aid

Following several consecutive quarters of extreme financial losses, the Korean government is stepping in to assist the world’s three largest shipbuilders.


Construction Numbers, Labor Demand Up

As Census Bureau numbers show the U.S. construction industry continuing to grow (including a big leap in road construction), one industry group is pointing out the need for more qualified wo...


Construction Spending Up, Labor Warning

New federal data suggests that the U.S. construction industry is continuing along the path to recovery, while industry officials warn that more qualified workers are needed to meet rising de...


Reports: Construction Pulse Is Strong

From spending to jobs, all signs point to a strengthening construction market. Two recent federal reports showing a sharp rise in construction employment and a solid increase in construction...


Construction Jobs, Spending See Growth

“The demand for construction is robust and well-balanced among residential, private non-residential and public segments,” says Ken Simonson, chief economist of the Associated General Contrac...


Developer Faces 230 Years in Prison

The president of a well-known Chicago-based real estate firm has been convicted of swindling banks and the city out of millions of dollars relating to the redevelopment of a former Goldblatt...


Construction Jobs Picture Mixed, AGC Says

As spending grows in nonresidential construction, data shows employment growth in that sector to be lagging, suggesting contractors are having a hard time finding qualified workers, a new re...


AGC Sees Shortages Amid Record Growth

With 19,000 construction jobs added in February and the number of unemployed workers dipping to the lowest level since data tracking began in 2000, the overall picture remains “positive” for...


Construction Jobs Rise Throughout 2015

Most states and the District of Columbia added construction jobs last year, while states that support energy production and concern about worker shortages continued to be the dark spots in t...


Profit Rises in PPG’s Q4

Acquisition activity and cost cutting measures have helped Pittsburgh-based coatings giant PPG Industries Inc. to deliver an increase in profits for its fourth quarter and full year.


PPG 4Q Results Show Profit

With the help of improved sales volume in its protective and marine coating segment, PPG Industries Inc. saw an increase in profit for its fourth quarter and full year.


U.S. Hotel Construction Up in 2016

A recent report indicates that U.S. business travelers could have thousands of new choices in places to stay by the end of this year.


Recovery, Challenges Ahead in Construction

Nearly three-quarters of American construction firms plan to add workers in 2016, according to a survey released this week.


Construction Outlook Mixed for 2016

Nearly three-quarters of American construction firms plan to add workers in 2016, according to a survey released this week.


JPCL 2016 Survey: Share Your Insight

What do you see as the most pressing issues facing the coatings industry? The Journal of Protective Coatings & Linings (JPCL) is preparing the annual forecast feature for its January ...


Shipyards Provide Lift in U.S. Economy

The U.S. shipbuilding and repair industry plays a significant role in the state of the U.S. economy, according to recent data released by the U.S. Department of Transportation’s Maritime Adm...


Steelmaker Opens Coatings Center

The opening of a new research and development center for advanced steel coatings is the first step toward a partnership between a university in the U.K. and a troubled global steel manufactu...


Study: Global Infrastructure Value

A global design and consultancy firm for natural and built assets took a look at the state of infrastructure around the world and assigned each a dollar values as a measuring stick for compa...


‘Big 3’ Continue Financial Struggles

Hampered by cancelled orders and delays in construction of offshore facilities, the world’s three largest shipbuilders are tracking to record major financial losses in 2015.


Construction Market Good, Data Says

Even amid worker shortages, two new reports shine a bright light on the U.S. construction environment based on September figures.


Reports: Strong Pulse for Construction

From credit risk to construction spending, all signs point to a strengthening U.S. construction industry.


Design Execs Fined for Unpaid Wages

Two directors of a global design firm have been found guilty and fined thousands of dollars for failing to pay workers in Hong Kong, authorities say.


Architects See Salaries Rising

Architects are getting better salaries and salary increases than they were just a few years ago, but most professional Americans in other fields are still doing better.


AkzoNobel Reports Positive Q2

Global coatings colossus AkzoNobel reported a significant jump in second quarter profitability across all three of its business areas, despite a challenging market environment.


AkzoNobel Posts 61% Gain in Q2

The divestment of a Paper Chemicals business unit and favorable currency rates have delivered positive results for coatings giant AkzoNobel for the second quarter.


AkzoNobel Reports 'Solid' Q1

AMSTERDAM—Rising revenues and operating income across all businesses graced the first quarter of 2015, despite continuing economic headwinds, AkzoNobel reported Tuesday (April 21).


Ups and Downs Open Akzo's 2015

AMSTERDAM—Favorable currency effects and cost cutting offset volume declines, yielding increases in revenues and operating income for the first quarter of 2015, AkzoNobel reported Tuesday (A...


Paint Stores Fuel Sherwin-Williams’ Q1

CLEVELAND, OH—Increased architectural paint sales has propelled Sherwin-Williams to a record first quarter, the company announced Thursday (April 16).


Sherwin Q1 Gets No Love from Global

CLEVELAND, OH—Sales declines in the Global Finishes Group did not stop Sherwin-Williams from posting a record first quarter, the company announced Thursday (April 16).


U.S. Architects Design a Higher Profile

Aiming to firm up their seat at the national table on design and building matters, U.S. architects are launching their first public awareness campaign of their profession and role.


Homebuilding to Push Paints, Sealers

A “fully healed” U.S. housing market will boost demand for coatings, spray polyurethane foams and other construction chemicals past $12 billion in 2018, according to a new market study.


Green Materials Poised for Growth

North America leads the world in the demand for green building materials, a market projected to expand 12.5 percent annually, to reach $234.77 billion by 2019, according to a new market stud...


Recovery Rekindles Wood Coatings Market

The comeback in the U.S. construction industry is carrying strong growth for wood coatings and preservatives, a new report concludes.


MIT: Diversity Pays, Even if Unpopular

Like it or not—and some workers do not—a workplace with gender equality will benefit the organization most in the long run, a new MIT study concludes.


Job Boom Spurs Calls for More Training

U.S. construction unemployment, which neared 20 percent at the height of the recession, has now shrunk to just seven percent, with 230,000 jobs added in the last year, a new analysis shows.


MIT: Like It or Not, Diversity Pays

Workplaces with an equal split of men and women are more productive, even though some workers may not be happier, a new MIT study concludes.


Recovery Reshapes Architect Firms

Business for U.S. architects has recovered to pre-recession levels, creating a new profile for the profession in the process, a new report suggests.


Construction Jobs Notch 6-Year High

A new analysis shows a strengthening U.S. construction sector and some of the most promising figures seen in years, but many of the nation’s firms are still reporting hiring shortages.


Valspar Paints Deliver Q2 Gains

Valspar Corp. saw soaring sales and income in its second quarter, driven by booming volume growth in its consumer paints segment.


U.S. Paints, Coatings to Top $30.6B

Industrial maintenance and marine coatings in the United States will see slow but steady growth in the wake of a five-year rebound blazed by the architectural ector, according to a new marke...


Building Rebound to Drive Coating Gains

The U.S. paint and coatings market should top $30.6 billion by 2017, led by a strengthening architectural coatings segment, a new market study concludes.


Architects Report Sluggish Salaries

U.S. architects say challenging business conditions continue to take a toll on their salaries.


Paint Makers Unite over Chemical Bill

U.S. coating suppliers are pulling out the stops to help pass what they call a "groundbreaking" overhaul of the nation's 37-year-old chemical safety laws.


ACA Urges Members to Push Chemical Bill

Smelling a long-awaited victory, coating manufacturers are beating the bushes to bring home the first overhaul of chemical safety laws in a generation.


Joblessness Drops; Jitters Don’t

Replacing old worries with new ones, the construction labor market in the U.S. may be swinging from glut to shortage in just a few short years, experts are saying.


Good News on Unemployment, But...

The U.S. construction industry jobless rate declined to 9.8 percent in June—the best June figure seen in five years and a showing that actually has industry officials warning of possible wor...


Chinese Steel Riles U.S. Bridge Group

The U.S. steel bridge industry is firing back at a new report describing the growing use of Chinese bridge steel and alleging lack of “bridge expertise at home.”


AkzoNobel Dims Decorative in Germany

AkzoNobel's Decorative Paints business continues its crash diet, with a newly announced plan to shed its German paint stores immediately after selling off its North American unit.


AkzoNobel to Shed German Paint Stores

AkzoNobel continues to shrink its global decorative paints business, announcing that it will divest its decorative paints stores for professionals in Germany to independent wholesale distrib...


 
 
   

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