Key Trends in the Market Contractor and construction services encompasses providers of residential buildings, nonresidential buildings, and nonbuilding construction and related services, such as general contractors, construction managers, specialty trade contractors, building services firms, infrastructure contractors, infrastructure services, industrial contractors and industrial maintenance…
Read MoreKey Trends in the Market The 2024 U.S. construction materials market remains resilient, backed by strong demand and stable funding from the Infrastructure Investment and Jobs Act (IIJA). This steady performance comes in the face of economic headwinds, as companies capitalize on price increases to counteract inflation. Producers of aggregates and asphalt are poised to benefit from the influx of…
Read MoreKey Trends in the Market Specialty chemicals are a critical part of the built environment, providing benefits that enhance performance for all types of projects. Protective coatings and repair compounds can extend the life of aging infrastructure; concrete admixtures improve concrete strength so we can build taller buildings; and asphalt additives can increase pavement longevity. Products such…
Read MoreKey Trends in the Market The large, vibrant and often fragmented nature of North American building products markets make them fertile ground for mergers and acquisitions. Some of the market trends we are following: Housing Affordability: Higher interest rates, combined with pandemic-fueled increased construction cost have led to affordability challenges in the single-family residential market.…
Read MoreKey Trends in the Market The competitive landscape for architecture, engineering and environmental services companies continues to evolve amid heightened M&A activity, talent shortages and globalization. Here are a few trends we are watching in the market: The Infrastructure Investment and Jobs Act (IIJA) will have a significant impact on firms well positioned in the infrastructure services…
Read MorePrivate Equity Consulting for the Built Environment Private equity deal activity in engineering and construction has exceeded $27 billion annually in recent years, driven by sector fragmentation, federal infrastructure investment, and long-term demand tailwinds including a 4–7-million-unit housing shortage and sustained growth in data center construction. FMI helps private equity firms…
Read MoreHow We Help Our construction materials team brings deep sector expertise and unparalleled knowledge of local construction materials markets in North America. Strategic Planning and Performance Improvement: FMI’s construction materials team has worked across North America with producers of cement, aggregates, ready-mixed concrete, concrete products, liquid asphalt, hot-mixed asphalt, lime…
Read MoreKey Trends in the Sector The building products industry and its various subsegments continue to navigate issues stemming from the pandemic, particularly around supply chains and materials availability. Lumber prices, steel availability, raw materials sourcing and other issues continue to dominate the headlines. Fortunately, building products continue to be in high demand as project activity…
Read MoreCollaborate with your industry peers in a noncompetitive setting on how to increase profits, solve complex business challenges and improve your operations. You’ll be joined by other owners and executives who manage similar contracting companies and are comparable in size, employees, markets and other demographics. You’ll benefit from a diversity of thought, ideas and solutions,…
Read MorePeople matter – a lot. Without employees, projects don’t happen. In a growing, competitive environment, it is critical that companies attract and retain high-quality talent. Even during tough times, labor is still essential. Payroll is an enormous cost and managing the budget while ensuring employees still feel valued is key. FMI’s compensation and rewards consulting services…
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