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CaroLinks Announces $250M
Intermodal Project Serving Port of Charleston
Carolina Linkages ("CaroLinks"), a supply chain
and logistics provider, announced plans to create a stand-alone
integrated intermodal transportation and distribution network
serving the Port of Charleston, S.C. The company stated the
project "addresses the need to support the port's planned
growth with added capacity in ground transportation and warehousing
services (and) will introduce barge, rail and highway linkages
tied to strategically located warehousing and distribution
centers."
CaroLinks indicated that as the first part of the planned
$250 million development, it had already acquired options
on 85 acres at Shipyard Creek, located adjacent to the former
Navy Base. It further stated it is currently evaluating options
on at least two more sites in South Carolina, including 800
acres in Orangeburg.
CaroLinks plans to barge containers from the Wando Terminal
and by rail from the proposed Navy Base Terminal to its new
facilities at Shipyard Creek and to various inland distribution
centers.
Kenneth Riley, President of the ILA #1422 said, "CaroLinks,
in my opinion, has developed a very exciting and innovative
concept that addresses the needs of the shipping industry,
the Port of Charleston and the business community of South
Carolina and the southeast region."
The company stated it hopes to break ground by this summer
and estimates completion by fall 2008.
2005 Proves Positive
for Both N.C., S.C.
The value of new contracts for future construction activity
moved up 4 percent in December for the North Carolina market
while South Carolina surged again, by 21 percent, McGraw-Hill
Construction reported recently. The monthly gains contributed
to both states showing overall growth in 2005, with North
Carolina activity improving by 11 percent for the year and
South Carolina's up by 7 percent.
In North Carolina, December contracts totaled $1.9 billion,
compared to last year's roughly $1.8 billion. Residential
improved by 14 percent compared to last December and tallied
$1.2 billion for the month. The value of nonresidential contracts
also increased, by 18 percent, to total approximately $456.5
million. The value of nonbuilding contracts fell again, this
time by 41 percent, to total approximately $218.4 million
for the month, compared to last December's $369.4 million.
For 2005, North Carolina contract activity ended up 11 percent
ahead of 2004, with a total value of approximately $23.8 billion.
Nonresidential finished 8 percent ahead of last year's pace,
with nearly $5.1 billion in new contracts. The value of residential
contracts, with a $16.3 billion tally, was about 16 percent
ahead of 2004. The nonbuilding sector finished 11 percent
behind last year's pace, with about $2.3 billion in new contracts.
In South Carolina, December's 21 percent gain was again the
result of strong growth in both the residential and nonresidential
sectors. The overall total for the month was roughly $1 billion,
compared to last year's $829.9 million tally. Residential
contracts increased by 27 percent for the month to total roughly
$673.2 million, compared to last December's $529.8 million.
Nonresidential activity increased by 15 percent to total roughly
$190.7 million, ahead of last December's $166.1 million. The
nonbuilding sector's December tally of $137.3 million was
2 percent ahead of the same period of a year ago.
For all of 2005, the value of new contracts in South Carolina,
estimated at about $12.6 billion, was 7 percent ahead of 2004's
pace. Residential, at about $8.7 billion and with a 33-percent
improvement over '04, was the only positive sector, however.
The nonbuilding category, with a $1.2 billion total, ended
the year 50 percent behind 2004's pace, while nonresidential,
valued at about $2.7 billion, was down 4 percent.
Bonakemi Building New Manufacturing Facility
BonaKemi USA, a provider of hardwood floor finishing and
floor care, recently announces plans to locate a U.S. manufacturing
facility in Monroe, N.C. The new 87,000-sq.-ft. facility will
manufacture the company's line of waterborne hardwood floor
finishing products. Expected to be fully operational by end
of 2006, the new plant will serve all of North America.
The new plant includes nearly 43,000 sq. ft. of plant space,
more than 12,000 sq. ft. of office and support space, and
allows for additional expansion.
VOA Design-Building Aircraft/Fire/Rescue
Facility in Beaufort, S.C.
The Department of the Navy, Southern Division, has commissioned
VOA Associates of Orlando as the designer of record for a
new $5.4 million Aircraft/Fire/Rescue Facility, Marine Corps
Air Station in Beaufort, S.C. VOA is providing full architectural
and construction administration services for the design-build
project.
Completion is targeted for January.
Vulcan Materials Acquires Penrose Quarry
in Western North Carolina
Vulcan Materials Co. has acquired Macon Construction's Penrose
Quarry in Transylvania County, near Brevard, N.C. The quarry
is now part of Vulcan's Mideast Division, which operates facilities
in North Carolina, eastern South Carolina, Virginia, Maryland
and Pennsylvania.
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