Small Business Administration (SBA) Loans for Small Business
Submitted by Schmersahl Treloar Advisors Under the recently passed “Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020′ small businesses and non-profit organizations may be eligible to apply for targeted, low-interest loans as a result of damages from the Coronavirus (COVID-19). Businesses and non-profits in Illinois and Missouri are eligible. Specifically, the SBA’s Economic Injury Disaster Loan… Keep Reading
Construction Employers, Attorneys Await Details on Expanded Leave Provisions
By KERRY SMITH, EDITOR, ST. LOUIS CONSTRUCTION NEWS AND REVIEW MAGAZINE Just days after bipartisan passage of the Families First Coronavirus Response Act (HR 6201) in the 116th Congress, construction industry employers are grappling with what it means to them in terms of paid and unpaid leave obligations to their employees. Associated General Contractors of… Keep Reading
Environmental Firms Remediating Sites, Disinfecting Surfaces During COVID-19 Outbreak
By KERRY SMITH, EDITOR, ST. LOUIS CONSTRUCTION NEWS AND REVIEW St. Louis-based environmental remediation firms are working around the clock to remediate and disinfect sites during the COVID-19 outbreak. Crossroads Construction Services, Inc. President Jeremy Rodriguez says his company is in the midst of an asbestos abatement project in a Saint Louis University social sciences… Keep Reading
Kadean Construction Moving Toward April 30 Completion of 1st Phorm HQ in Fenton
By KERRY L. SMITH, EDITOR, ST. LOUIS CONSTRUCTION NEWS AND REVIEW MAGAZINE Fenton-based Kadean Construction is completing nutrition supplements and athletics apparel manufacturer 1st Phorm’s new headquarters in the location of the former Chrysler plant. Kadean Construction Project Director Travis Mulder said the 185,590-square-foot, $11.6 million project is expected to wrap up in late April.… Keep Reading
People On The Move In The Local Construction Industry
The latest People in the News highlighting new hires, promotions, honors & recognition of the men and women in the St. Louis building community. FSA, LLC Welcomes Katherine Mark as Office Administrator FSA, LLC is excited to welcome Katherine Mark as our team’s Office Administrator. Katherine has over 10 years of experience in customer service, sales, and… Keep Reading
Enterprise Bank & Trust Launches Multiple Loan Relief Programs
Additional offerings focus on continuing virtual Enterprise University courses and best practices for business owners To provide relief for customers during the COVID-19 (coronavirus) outbreak, Enterprise Bank & Trust has launched programs to provide temporary relief for those hit hard by the pandemic. The bank has moved some existing programs, such as Enterprise University and client… Keep Reading
Project Delays Hit 28% of Respondents in AGC Survey
Submitted by the Associated General Contractors Association A growing number of contractors have reported impacts on building projects and products from the coronavirus outbreak. An online survey AGC conducted March 17-19 drew 909 respondents, of whom 28% answered “yes” to the question: “Has any owner, government agency or official directed you to halt or delay… Keep Reading
Labor & Management Work Together During COVID-19 Crisis
Submitted by the Associated General Contractors Association Safety and running safe job sites are top priorities within the construction industry, with millions of dollars spent each year on personal protective equipment, stringent safety training requirements, daily inspections and other safety precautions. Therefore, area contractors and labor already have much of the infrastructure in place… Keep Reading
Slow-moving Nature of Pandemic Makes Economic Projections Difficult, Economics Say
By KERRY SMITH, EDITOR, ST. LOUIS CONSTRUCTION NEWS AND REVIEW MAGAZINE The prolonged, unprecedented nature of the COVID-19 pandemic makes it difficult to predict and project when and how the U.S. economy will recover. Scott Colbert, executive vice president, chief economist and director of fixed income for Commerce Trust Company (a division of Commerce Bank),… Keep Reading
Jobsite Workarounds Increasing as Construction Firms Practice Social Distancing
By KERRY SMITH, EDITOR, ST. LOUIS CONSTRUCTION NEWS AND REVIEW MAGAZINE Social distancing is being practiced everywhere, including on commercial construction job sites in and around St. Louis and the nation. One such example is the practice of transporting construction workers up the floors of high-rise projects via a buck hoist, a temporary external elevator… Keep Reading