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LeRoy Kay sold his 30-year-old construction business, Roy Kay Inc. of Freehold, N.J., to New York-based utility firm KeySpan in February of 2000. Newsday reported last August that court papers submitted by the Kays claim KeySpan misled them by not disclosing that SEC regulations would prohibit them...
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BuildingGreen of Battleboro, Vt., has released the second edition of its GreenSpecDirectory, a guide to more than 1,500 environmentally friendly building products. "Our tactic was to identify quantifiable, easily verifiable standards where those could be defined," executive editor Alex Wilson says...
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Most past recessions resulted from sharp increases in inflation and a tight monetary policy leading to sharply higher interest rates. This recession has been caused by a sharp downturn in business investment, especially in the manufacturing and technology sectors.
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Community groups representing the interests of the approximately two million immigrant day laborers across the United States held their first national conference last July in Los Angeles, taking a significant step toward organizing a national advocacy voice for this oft-exploited class of...
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ICBO Evaluation Service has introduced its ES Mark, a seal that signifies a product's compliance with major U.S. building codes.ICBO ES grants manufacturers the right to put the seal on a product after the organization has evaluated it and documented its compliance in an ES Report. The reports are...
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Last July, a Fairfax County, Va., jury awarded over $1 million to plaintiff Brian Stafford for damage to his home caused by EIFS (Exterior Insulated Finish System), also known as synthetic stucco. The manufacturer of the EIFS used, Parex, settled with Stafford before the trial. Manufacturers have...
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NARI is offering a new certification -- the Certified Remodeling Carpenter (CRC) Program -- intended for students and new remodeling pros.
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Existing home sales rebounded in October, up 5.5% to 5.17 million units from 4.90 million units after the September terrorist attacks. While the recovery is partly due to sales postponed from September, the gains also reflect strong demand and favorable affordability conditions. For more...
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Several years ago, Ron Dimon of Dimon Construction in Manlius, N.Y., built an addition for a client whose harassment, threats, and needling demoralized his staff and delayed completion of the project. "Once it started, it kind of snowballed," Dimon recalls, with the client holding back all funds...
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General liability insurance covers bodily injury, property damage, personal injury, and advertising injury arising out of your operations, products, and premises. I can't tell you how often a client of mine hasn't read his insurance policy," Dallas construction attorney John Sloan says. "If you can...
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Dan Bawden, owner of Legal Eagle Contractors in Houston, wasn't surprised when his office manager quit the day the 1099s were due. As months passed without a new office manager, Bawden began spending less time with his normal sales and marketing duties and more time at the office "playing...
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Regis and Helene McQuaide, owners of Regis McQuaide and Co. in Pittsburgh, were a little taken aback last September when lead carpenter David Leister left for a weekend's service in the Army Reserve, only to call saying he wouldn't be returning to work for a while.