Raleigh, NC -May 2, 2016 – FMI’s forecast for 2017 predicts an increase of 6% for total construction put in place. With GDP most recently reporting 2.1 percent growth in the fourth quarter of 2016, construction growth of 6% looks solid. Although this is a drop from the hot pace of growth from 2013 through 2015, it seems to indicate that the recovery bounce is over and more normal…
FMI Capital Advisors, a subsidiary of FMI Corporation, is pleased to announce that New Enterprise Stone & Lime Co., Inc. (“New Enterprise”) has acquired the assets of EJB Paving & Materials Company (“EJB”) and select assets of Berks Products Corporation (“Berks Products”). FMI Capital Advisors acted as the exclusive financial advisor to Berks…
March 2nd, 2017 The FMI NRCI gained 5.6 points in the first quarter with almost every component of the NRCI Index moving in the positive direction. This result for the beginning of 2017 is welcome, as many have been expecting a slower economy. That expectation seemed to be only based on the idea that it has been good for so long, it must go down. The fact that material and labor costs continue…
February 9th, 2017 Raleigh, N.C. FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of the “2017 FMI/BIMForum Prefabrication Survey.” The publication offers insights into key trends and drivers shaping today’s prefabrication…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the sale of Enovity, a San Francisco-based energy services firm, to Veolia North America. FMI Capital Advisors acted as the exclusive financial advisor to Enovity for this transaction. Enovity is a strategic acquisition that complements Veolia's existing SourceOne energy services business. Investing in…
Raleigh, N.C. FMI Corporation, the leading provider of management consulting and investment banking services to the engineering and construction, infrastructure and the built environment, is pleased to announce the release of its latest study, “Compensation Planning for Engineering and Construction Firms – 2016 Industry Survey.” The publication identifies key industry trends…
Raleigh, N.C. – December 8, 2016. FMI Corporation, the leading provider of management consulting and investment banking services to the engineering and construction, infrastructure and the built environment, is pleased to announce the release of its fourth “FMI Quarterly” issue for 2016. The publication (co-sponsored by Zurich) comprises a collection of industry insights and…
The FMI Nonresidential Construction Index slipped just 0.4 points in the fourth quarter to 56.9. In the fourth quarter of 2015, the Index stood at 59.5. While the trend indicates a slower outlook for nonresidential construction, the Index is still solidly in positive territory as it has been since the first quarter of 2012. While most of the economic components of the NRCI slipped lower this…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Angler Environmental by Resource Environmental Solutions (RES), a portfolio company of KKR. FMI Capital Advisors acted as the exclusive financial advisor to Angler Environmental for this transaction. Angler Environmental will now be doing business as “Angler Environmental, a RES…
Raleigh, N.C. – September 22, 2016 FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of the “AGC/FMI 2016 Risk Management Study”—a joint effort between FMI and AGC’s Surety Bonding and Risk Management Forum. In this study, AGC and…
