6 Tips to Recession-Proof Your Construction Company

KENDALL JONES | July 19, 2019

article image
The construction industry really took it on the chin during the Great Recession. The number of construction firms fell by nearly 150,000 between 2007 and 2013 and over 2.3 million jobs were lost due to layoffs, early retirement, and workers leaving for greener pastures. With a majority of economists predicting another recession hitting sometime in 2020, it’s understandable that construction business owners aren’t looking forward to another economic downturn.

Spotlight

maxon motor

maxon motor develops and builds precision electric drive systems. Our brushed and brushless DC motors with ironless windings are among the best in the world. They are used wherever the requirements are high and engineers cannot afford compromises. maxon actuators drive NASA's Mars rovers.

OTHER ARTICLES
CONSTRUCTION

Infrastructure Policy Watch: EU climate deal proposed, while UK financing and planning steps forward

Article | May 4, 2021

In this fortnightly blog, ICE's Director of Policy Chris Richards looks at developing policy landscape for infrastructure, what decisions mean, and their implications, so that infrastructure professionals can play their part in shaping the discussion.

Read More
ENGINEERING TECH

Evolving how strategic infrastructure projects secure planning approval in the UK

Article | July 20, 2021

The Ministry of Housing, Communities and Local Government has recently launched an operational review of the Nationally Significant Infrastructure Projects (NSIP) regime. This regime, established in 2008, was put in place to bypass local planning approval for projects that had a predominately national rather than a local impact. Over the last few years, the regime has taken a significant battering with ‘development consent’ (the granting of planning approval) for major infrastructure programmes being brought before court due to the corresponding National Policy Statement (used to determine if a project is in line with government ambition) being out of date with latest government policy. The most notable example being a third runway at Heathrow. This highlights that something is wrong with turning strategic policy intent into decisions on granting development consent.

Read More
ENGINEERING TECH

Autodesk Forge Examples

Article | June 17, 2021

Autodesk Forge is a powerful tool connecting design processes, data, and the web, allowing teams to create task automation and other innovative solutions. The abilities of the forge platform are extensive, potentially offering resolutions to thousands of complex problems in the architecture, construction, engineering, and manufacturing industries, and beyond.

Read More
CONSTRUCTION

Digital twin created for groundbreaking bridge with Allplan Bridge

Article | May 12, 2021

The Ottendorf Viaduct on the Riesa-Chemnitz railway line stood for over 160 years until it could no longer be saved and had to be replaced in 2015. The new replacement structure built at that time was a first for Deutsche Bahn: For the first time in its history, it built a bridge with a frame-stiffened arch structure. Although 3D models were used to some extent in the planning of the structure, the BIM method was not applied, so that no digital twin of the bridge is available for future (maintenance) work.

Read More

Spotlight

maxon motor

maxon motor develops and builds precision electric drive systems. Our brushed and brushless DC motors with ironless windings are among the best in the world. They are used wherever the requirements are high and engineers cannot afford compromises. maxon actuators drive NASA's Mars rovers.

Events