Anthony Johnson’s Post

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President, Industrial Business Unit at Clayco

I was honored to contribute to Engineering News-Record’s 2024 list of Top 400 Contractors for an in-depth survey of the entire construction industry from a sector-by-sector perspective, to share my observations on the industry and the economy.   While cost increases are a more manageable and predictable challenge than they were a couple of years ago, economic headwinds in light of booming demand still presents challenges for the construction industry as a whole. In addition, as I had indicated last winter – we continue to not be reliant upon any effects that would result from any material change in interest rates until 2025.   However as new opportunities continue to arise from the Bipartisan Infrastructure Law (IIJA), CHIPS and the Science Act and Inflation Reduction Act (IRA), Clayco continues to engage with new technologies and the communities we serve.   The pressure of demand is reshaping the entire construction industry, it’s a challenging (but exciting) time to be a builder. This industry deep dive is a must-read! https://lnkd.in/g2Cs9CwH

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Tooey Courtemanche

CEO at Procore Technologies

1mo

Anthony, I really appreciate your point of view on this and see that Clayco has developed some creative/innovative strategies around creating purchasing power through Consolidated Distribution. Very impressive work/leadership.

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