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In This Issue of Contractor's Tool Source
FMI reports improving construction economy PDF Print E-mail

The construction industry is improving despite lukewarm economic conditions, according to the 2015 Q2 Non-Residential Construction Index (NRCI) Report released today by FMI Corporation.

The NRCI inched higher to 64.9 in the second quarter, reflecting 18 months of improving activity despite rising costs of construction materials and labor and a slight decline in regional economies where most construction activity is taking place.

Some key insights include:

Construction Business. The business of construction executives surveyed is now improving with the overall economy indicating deeper, more sustainable growth.

Cost of Construction Materials and Labor. The index component for the cost of construction materials dropped one point to 21.4. The component drops as prices increase. The cost of labor components dropped sharply by 5.2 points to 12.5. Both labor and material cost increases reduce the overall NRCI score.

Green Construction. Owners’ views concerning green construction indicate that the most important factor characterizing the green construction category is lower energy costs. Only 17 percent of the panelists have more than 50 percent of their projects in the green category.

Click here to read the complete FMI news release about the report.

 
OSHA unveils new permit-required confined space standard for construction PDF Print E-mail

The construction industry enters a new era with OSHA's issuance of a final rule on workers permit-required confined spaces May 1, 2015, report safety experts at FDRSafety.

The new rule is similar to rule governing permit-required confined space work in general industry. It is just as complex, although there are a few significant differences, FDRSafety  experts report, and construction employers should study the new rule carefully and revise practices as necessary.

Highlights of the new rule:

• Before work begins, employers must ensure a competent person identifies all confined spaces in which employees it directs may work and identifies each space that is a permit-required space, using testing as necessary.

• If a permit-required confined space is identified, the employer must inform employees of its existence and the danger(s) it poses.

• The employer must implement measures to prevent unauthorized entry; identify and evaluate the hazards of confined spaces before employees enter them; and develop and implement the means, procedures, and practices necessary for safe entry into the space.

• The rule details requirements for three different types of employers on multi-employer worksites:

 
Bosch introduces 6.0 Amp-hour 18-volt Li-ion battery PDF Print E-mail

The Bosch BAT622 6.0 amp hour battery keeps small footprint while extending runtime by up to 45 percent over 4.0 amp-hour batteries, Bosch sources report.

The Bosch BAT622 18V FatPack 6.0 amp-hour battery that offers up to 45 percent more runtime over standard 4.0 Ah packs. The new pack continues with the Bosch-proprietary Cool-Pack heat sink housing design that extends recharge life up to 100 times longer than similar packs, Bosch sources report. It’s compatible with the complete line of Bosch 18V Lithium-ion power tools. Bosch BAT622 batteries maintain the same size and weight footprint found on previous Bosch 3.0, 4.0 and 5.0 amp-hour 18V batteries. Includes a fuel gauge.

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New ¼”-diameter Titen HD screw anchor PDF Print E-mail

Simpson Strong-Tie adds a ¼”-diameter Titen HD screw anchor for concrete and masonry. This new size offers optimum performance in cracked and uncracked concrete, as required by the 2012 IBC for post-installed anchors. The self-undercutting, non-expansion characteristics of the Titen HD anchor make it ideal for structural applications, even at reduced edge distances and spacings. It is recommended for permanent applications in dry, interior, non-corrosive environments or temporary outdoor applications.

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Check out the May-June issue! PDF Print E-mail
 

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