The IronPlanet blog has secured another package of relevant news for you to enjoy this weekend! For those not paying attention, there was significant movement across the construction industry over the week including potential changes to laws and regulations, updates on coming industry shakeups and changes in leadership. Follow the links below for the full stories!
The Wall Street Journal
Off-site construction company Katerra has appointed a new COO this week. The exciting startup hopes this addition to their leadership team will help guide the company as they continue to gain momentum across the United States. Keep an eye on these guys!
Energy News Network
A new Massachusetts bill may compel new residential and commercial construction projects to include solar panels. Proponents argue regulating the construction industry will be crucial to meeting carbon emission targets for the state, while those against the bill say the new rules will artificially inflate prices in an already struggling market.
This interesting op-ed suggests that a more freelance-oriented and remotely located construction workforce will help to address aging workforce problems in coming years.
You might think you’ve heard enough about Brexit, but did you know that recent reports have indicated the UK construction industry may see a major labor shortage? That’s right, potential legal changes which may accompany Brexit now threaten to limit the amount of time foreign workers can remain in the country, thus impacting worker availability which is already in short supply.
UK subcontractors remain largely unaware of new changes to the value added tax system according to recent surveys. Some say additional time is required in order to ensure everyone is up-to-date on the new rules set to launch October 1st.