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Construction Gains Jobs in March

The U.S. construction industry gained 19,000 jobs in March and the construction unemployment rate fell to 11.3 percent (non-seasonally adjusted), according to the April 4 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments added 6,700 jobs in March, a marked improvement from the 2,800 jobs (revised) added in February. The improvement led the construction unemployment rate to fall from 12.8 percent in February 2014 and 14.7 percent in March 2013.

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Michelin Engineer Recognized for Tire Technology

Dr. Tim Rhyne, a senior research fellow with Michelin Americas Research and Development Corp., was selected as a 2014 Top 25 Newsmaker recipient by Engineering News-Record, receiving the award at a ceremony held at the Marriott Marquis in New York City on April 3.

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Dodge Momentum Index Slips in March

The Dodge Momentum Index retreated 0.8 percent in March compared to February, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

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McLanahan Re-Structures, Promotes From Within

Responding to significant global growth and development, McLanahan Corp. is creating  “a new global organization structure that includes the restructuring of top-level positions, as well as title changes within the executive management team.”

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