What Black Leaders Need to Know about Construction
Washingtoner/10164942

PORTLAND, Ore. - Washingtoner -- Some of the tough men who made construction their way of life are passing on their knowledge. Many of them own beautiful homes and have retired comfortably. Some continue to be active - advising companies looking to win bids. Being around means winning major contracts. Retirement also doesn't mean boredom and death. It means enjoying the wealth that was created in one of the most important industries in the United States.

President Biden's $5.8 trillion fiscal 2023 budget included billions of dollars for highway projects - with $29 billion proposed for the National Highway Performance Program. This means funding for construction projects on interstates.

The construction industry lost about 975,000 jobs in April 2020 alone according to the Associated Builders and Contractors. Based on data from the Bureau of Labor Statistics, the industries that played the most important roles in stabilizing the economy were healthcare, technology, retail, and construction. The construction industry now employ women in all positions.

More on Washingtoner

• Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
• New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc
• Tacoma: Public Hearing for Off-Street Parking Code Update Set for December 1
• Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
• Spokane: SPD Makes an Arrest in Yesterday's Early Morning Shooting

See: https://www.resourcescholarsshow.com/

Those billions of dollars from the federal government will find it's way to companies like Raimore Construction in Portland - a prime general contractor working on the billion dollar I-5 Rose Quarter Improvement Project. Raimore is a Black-owned and operated company that has made inclusion and high quality work it's bailiwick. It's visionary leader is a real one.

Raimore Construction founder Jeff Moreland believes that Black communities can experience generational wealth through construction. People without any skills or degrees can earn a true living wage. College education brings engineers, financial risk managers, media experts, techies, and researchers to construction companies.

The construction industry contributes greatly to employment rates because construction projects involve labor-intensive processes. This labor-intensive approach aids job creation - generating better than average income for  carpenters, site overseers, transport workers, security personnel, etc.. The prime contractors hire small community businesses participate as subcontractors.

More on Washingtoner

• Spokane: Mayor Brown Introduces 2027-2028 Budget Proposal
• Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
• IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
• FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc
• Building a Technology Powerhouse-From AI Drones and Global Acquisitions to Defense, Enterprise Software and the Future of Autonomous Operations $ZENA

However, it's the outcome that is most important. A community that is gaining wealth has less crime and broken families. More money to families also means better education for children. Good income for adults and great education for children create unlimited positives outcomes for communities.

The old tough construction men are now in retirement. They came up knowing about the great economic debates of Booker T. Washington, Dr. DuBious, and the honorable Marcus Garvey. The elders got to witness Dr. Martin Luther King, Jr. and A. Philip Randolph carry those ideas into action. Leaders must now help the next generation of Black companies win prime contracting opportunities that the civil rights leaders fought for - and the current elders could only dream about.

[Blog Watch:  https://www.resourcescholarsshow.com/post/the-i-5-rose-quarter-improvement-project-watch]