Jolly Roofing and Contracting Company, Inc.’s Post

Our aging and troubled bridge remains a perennial bottleneck, so says the American Transportation Research Institute https://ow.ly/W6SA50QALLJ: The Brent Spence is the nation’s 14th worst chokepoint on its 2024 list, up one from the previous year. The BSB peaked at 2nd on ATRI’s list for 2021 and 2022. The good news is, the cavalry is coming in the form of the Brent Spence Bridge Corridor Project https://ow.ly/I1gs50QALLK.

The construction of what will eventually become the largest and most versatile icebreaker fleet in the western hemisphere took big steps forward today. The first good news came from Quebec where the Government of Canada awarded Davie the contract for the initial design of six new medium-sized Program Icebreakers for the Canadian Coast Guard/Garde côtière canadienne. Few hours later, North Vancouver -based Seaspan ULC was awarded two separate contracts related to Canadian Coast Guard's future Multi-Purpose Vessels (MPV): a construction engineering services contract to complete the design of the first flight of six vessels and another contract for long lead time materials. The subsequent second and third flights will eventually increase the number of MPVs to 16, making these ships the longest series of modern icebreakers built anywhere in the world. In addition, both Davie and Seaspan will each get to build a single heavy Polar Icebreaker for the Canadian Coast Guard. In total, that's 24 new icebreakers for Canada.

We invented zoning. And the cost of running a city is based on the linear feet of sewer, water, sidewalks, and roads. Walkable cities not only create more of a sense of community, but they're less expensive to operate. So, why are we having so much trouble updating our zoning ordinances to reflect how our lifestyles and communities are evolving?

A lighthouse is not interested in who gets its light. It gives light without thinking. Giving light is its nature. Mehmet Murat Ildan Although unity seems to elude us in the digital age, lighthouses offer a ray of hope and a reminder how much we can accomplish by working together. By ensuring the safe passage of all sea vessels, lighthouses contributed to the development of commerce. Lighthouses were once the cornerstone of maritime industry in the United States. According to the Navy League, no industry has been more vital to the economy of the United States than that of America's maritime industry. Although not a seafaring man, George Washington understood the importance of maritime commerce and strongly believed in lighthouses. He recognized the need for greater unity both for the nation and its system of navigational lights, as the colonies had previously operated independently. On August 7, 1789, Washington signed a bill into law that authorized the federalization of all navigational lights, creating what would become the US Lighthouse Service. The fledgling government then undertook its first major construction project: a lighthouse on Portland Head, completed in 1791. #nationallighthouse day #lighthouse #unity #portlandheadlighthouse elainemariefineart.com

Collaboration is key. Gulf Coast (Alabama) meets East Coast (Hampton Roads) to look and learn! SIB in action to Build Submarines #shareideas #teamwork #scalewhatworks #collaborationiskey #workforce #peoplematter #careers

Congrats to the good folks at Western SC | Economic Development Partnership and the South Carolina Department of Commerce! Their hard work, as is often the case, was a huge factor in getting Columbia Vehicles to locate in Aiken/SC! For those not immediately tangential to this deal like we were, I thought it might be interesting to overview from a broker's perspective how deals like this come together. - In this deal, we represented the seller. (I've included a Case Study and Video as reference for the steps we took in representing our client). Our fundamental goal as fiduciaries for our client, Fenix Manufacturing Solutions, was to maximize their return on the building. Ultimately, we ended up with two different prospective buyers at the table, both of which would've been impactful for our community. Of particular note here is the $/SF that we were able to demand for the facility, given market factors at play including limited availability of facilities. We negotiated hard using the data at our disposal. Additionally, we were able to close quickly (64 days). Glen Caulk with Nelson Mullins Riley & Scarborough did an tremendous job representing the seller as attorney. - Video Overview Here: https://lnkd.in/ePBvZNaT - Case Study: https://lnkd.in/eXDdAdwQ - Damien Lanclos, CCIM represented the buyer, Columbia Vehicles. His role was to locate the best facility for his client, whether in the CSRA, or some other market. Damien was thorough and pushed hard for his client. Upon putting the property under contract, Damien worked diligently on behalf of his buyer to investigate the property via typical due diligence assessment and more specifically, regarding environmental concerns. Damien leveraged the Property Condition Assessment on the property to push for a reduction in the sales price, which he ultimately received. Additionally, Chris Driver and Hull Barrett, PC represented Columbia Vehicles on this deal as attorney, and were a pleasure to work with. - Western SC | Economic Development Partnership and the South Carolina Department of Commerce ensured the site was competitive nationally, balancing tax incentives with substantial community and economic benefits. There are relatively stringent requirements related to the quality and pay of jobs that are produced. While the taxes paid by the entity end up reduced, the jobs produced and the ripple effects of the income spent in the community more than offset any incentives. (I don't have visibility to what those were). This deal not only represents a significant transaction but also a strategic investment in our community’s future, demonstrating the powerful impact of collaborative economic development! #economicdevelopment #CommercialRealEstate #IndustrialRealEstate #Manufacturing #SiteSelection

𝐂𝐚𝐫𝐞𝐞𝐫𝐬 𝐢𝐧 𝐌𝐨𝐭𝐢𝐨𝐧: Hear direct from Eric Zeeb, Manager, Marine Logistics, on what it's like to work at DCLI in the video below:

Who Is In Charge of the Salvage in Baltimore? What's Going on With Shipping? March 28, 2024 In this episode - maritime historian at Campbell University (@campbelledu) and former merchant mariner - discusses the three salvage operations that have to be attempted and the lack of an incident commander to oversee the situation. #dali #baltimorebridge #baltimore #shipping #supplychain #containerships #containerships https://lnkd.in/emvrk77H

Did you know that not every US state is represented via a global headquarters in the S&P 500? In fact, 12 states do not have a global headquarters. (see below) Alaska Hawaii Kansas Mississippi New Hampshire New Mexico North Dakota South Carolina South Dakota Vermont West Virginia Wyoming Below are the top 10 states ranked by number of headquarters.

If Arctic security or shipbuilding is your jam, you'll love this episode