January/February 2021 COMES TO THE MOUNTAIN STATE WE AIM TO DELIVER THE NEXT GENERATION IN EQUIPMENT The Cat ® Grade Control system in the Cat 323 Excavator can help: INCREASE DECREASE FUEL REDUCE MAINTENANCE EFFICIENCY UP TO: CONSUMPTION UP TO: COSTS UP TO: 45% 25% 15% BOYDCAT.COM Call 855-4BOYDCO WE AIM TO DELIVER Building Solutions THE NEXT GENERATION to Manage Risk IN EQUIPMENT Top quality risk management with bottom line benet that’s the The Cat ® Grade Control system in the goal of our individualized risk Cat 323 Excavator can help: management solutions. At USI, we have construction specialists that INCREASE DECREASE FUEL REDUCE MAINTENANCE EFFICIENCY UP TO: CONSUMPTION UP TO: COSTS UP TO: combine proprietary analytics, broad experience and national 45% 25% 15% resources to custom-t a plan an insurance and bonding program that meets your needs. BOYDCAT.COM USI Insurance Services 1 Hillcrest Drive, East, Ste 300 Charleston, WV 25311 304.347.0611 | www.usi.com Surety | Property & Casualty | Employee Benefits | Personal Risk Call 855-4BOYDCO ©2019 USI Insurance Services. All Rights Reserved. January / February 2021 1 *President *Senior Vice President For 84 years, “The Voice of Construction in the Mountain State” *Vice President Treasurer Secretary Cover Story: Directors Features: AGC National Directors 12 00 1 ARTBA National Director 24 Celebrating 100 years as the Chairman, Asphalt Pavement Association Chairman, Building Division Construction briefs benchmark of of SERVICE Chairman, Highway/Heavy Members in the news Division New members to the construction industry Chairman, Utilities Division Advertisers *Chairman, Associate Division Vice Chair, Associate Division 00- 0 00 00 - - West Virginia Construction News Executive Director Communications Director Executive Director 1 Asphalt Pavement Association 1111011010 10 MICHAEL L. CLOWSER CASSIDY D. WEBB Celebrating 100 years as the benchmark of of SERVICE to the construction industry WEST VIRGINIA CONSTRUCTION SECTOR PERFORMANCE AND OUTLOOK BY BRIAN LEGO - 01 0101 - - 01 - 01 01 - 1000 - - - 1 00 - - - RESIDENTIAL CONSTRUCTION - 00 01 01 00 01 00 00- - 01 1 00 1 Figure 1: West Virginia Construction Employment by Type - 00- Thousands 45 Heavy & Civil Engineering 40 Residential Nonresidential - 35 30 25 20 15 - 10 - 5 - 0 Source: US Bureau of Labor Statistics 01 Figure 2: West Virginia Single-Family Housing Starts PIPELINE CONSTRUCTION Units, Seasonally Adjusted Annual Rate (Thousands) 7 - - 6 01 01 5 - - 4 3 2 - - 1 0101 Source: McGraw-Hill Construction, IHS Markit 1101 1- 00 01 01 - 01 - - - - - - - SECTOR OUTLOOK - - - 010 0 - 00 - HOUSE PRICES 10 01 - - - - - 010 - 1 01 01 - Figure 3: Single-Family House Price Growth by Metro Area % Change - 20% 2014Q3-2017Q3 2017Q3-2020Q3 16% 12% 1- 1 8% - 4% 0% 0- -4% Source: Federal Housing Finance Agency – All Transactions House Price Index - - - - 1 - - - - - 01 - ® Specializing in Business Insurance, Personal Insurance, Surety Bonds, Alternative Risk Solutions, Employee Benefits, Claims Management 412-734-4900 | www.seubert.com | DECQ 01 Figure 4: West Virginia Single-Family House Prices House Price Index, 2005=100 - 180 - 170 - 160 150 - 140 - 130 120 West Virginia 110 100 US 90 01 Source: Federal Housing Finance Agency; WVU BBER Econometric Model; IHS Markit 0 - - - - - - - - - - Insurance solutions for the construction industry. Commercial insurance . Surety bonding . Employee benefits Gregory Gordon, Sr. Vice President / Agency Executive 304-340-6970 | [email protected] 300 Summers St., Suite 650, Charleston, WV 25301 © 2018, McGriff Insurance Services, Inc. All rights reserved. 10 January / February 2021 Comes to the Mountain State - 0000- - 01- - - - - - 1 - - - - - 00 00 12 January / February 2021 - - - - - - - - 01 - - - - - 00- - 00010 00 0 00 - - V&G Is Your Bridge, Grading & Wall Contractor WV Contractor License # WV000228 Vecellio & Grogan is your contractor of choice for heavy/highway construction! We specialize in Excavation, Grading, Bridges, MSE and other Retaining Walls, Utilities, Drainage and more. From major new highway construction to site develop- ment work, our experience gives you confidence in a job well done, at a cost-effective price. • Proven results, even in difficult or environmen- tally sensitive conditions. • Private-sector customers receive the same high level of service and quality we’re known for in our public-sector work. Vecellio We’re a Top 400 Contractor, serving valued custom- (304) 252-6575 ers throughout the Mid-Atlantic and Southeastern & Grogan, Inc. United States and beyond. www.VecellioGrogan.com Info@VecellioGrogan.