This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Construction Group Commends NC Governor For Infrastructure Attention

RALEIGH, N.C., Feb. 20, 2013 /PRNewswire-USNewswire/ -- At a time when infrastructure funding is critical to North Carolina's construction industry and economy, Carolinas AGC (CAGC) commends North Carolina Governor Pat McCrory for his attention to infrastructure needs in his recent State of the State address.

(Logo - http://photos.prnewswire.com/prnh/20120608/DC21490LOGO)

McCrory told state lawmakers he would generate long-term plans to improve state infrastructure in an effort to bolster economic growth. In a pep-rally-like setting often interrupted with applause, he repeated campaign themes to focus on economy, education and efficiency in state government.

Likening himself to an "Eisenhower Republican" who connected the East and the West as well as rural and urban areas, McCrory said the four key infrastructure areas his administration would focus on would be transportation, water, energy and communications.

CAGC lobbyists Dave Simpson and Berry Jenkins said the timing of the governor's remarks is excellent as infrastructure needs—building, transportation, and utility—in North Carolina are high. State agencies and the UNC System, for example, say they need more than five billion dollars to repair existing facilities, not build new ones. The community colleges and public schools also face multi-billion dollar construction repair needs in the state.

"The governor's call for infrastructure funding couldn't come at a better time," Simpson said. "With all the competition and current low cost for construction, taxpayers will get a great deal on public construction work and our economy will be jump-started."

CAGC notes that for every one billion dollars spent on construction, 28,500 jobs are created or sustained.

"This will send a strong signal to the private sector that we will be partners with them and their continued economic expansion in North Carolina. It is crucial that we begin this process now. We have waited far too long. Let's do it now and present the next generation with a vision and a plan for economic growth and prosperity through infrastructure," noted the governor.

Learn more about McCrory's State of the State address here.

Carolinas AGC (CAGC) represents contractors and construction-related firms in North Carolina and South Carolina, and serves as a chapter of AGC of America and ARTBA. Through diverse partnerships, Carolinas AGC effectively innovates and shares knowledge across sectors and generations; advancing the construction industry to enhance the quality of life and deliver a sustainable difference in the Carolinas. Visit us at www.cagc.org.

Contact: Dave Simpson, CAGC NC Government Relations & Building Director, 919/781-3270, dsimpson@carolinasagc.org .   

For the Media: For information on Carolinas AGC and other industry related topics, visit http://www.cagc.org/news_events/formedia.cfm .

SOURCE Carolinas Associated General Contractors

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs