RCD Company Information

Press Releases

Sep 24, 2007
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Sep 17, 2007
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Associated Construction Publications (ACP), Reed Construction Data’s national network of construction magazines, has announced its sponsorship of the International Construction Challenge, an educational competition to give high school students a broader awareness on the importance of the construction industry, with an emphasis on construction careers, infrastructure, construction equipment, creative problem solving and teamwork. The challenge will give sixty teams from the United States and Canada a chance to advance to the Finals Tournament in Las Vegas on March 10-14, 2008 and will feature a display for the winning team’s solutions at CONEXPO-CON/AGG, a tradeshow showcasing new construction equipment and technology. The Association of Equipment Manufacturers (AEM), in partnership with Destination ImagiNation, Inc., will host the event to compliment their ongoing efforts to attract the best and brightest young people to the construction industry. “It’s crucial that we educate the students who will become tomorrow’s construction workforce,” said John Weatherhead, Group Publisher and General Manager, Associated Construction Publications.  “We must show them how critical the construction industry is to the entire country’s future, and that there are many rewarding careers in this industry.” The competition will challenge the students in three areas: awareness of construction-related jobs, construction equipment and manufacturing, and infrastructure awareness. To determine the sixty finalists, a qualifying round will be held on January 12, 2008 in six regions around the country including the West (California), Southeast (Georgia), East/New England (New Jersey), East Central (Ohio), Southeast (Texas) and Midwest (Wisconsin). For more information on the International Construction Competition, visit www.constructionchallenge.org. For more information on ACP/Reed Construction Data, visit www.reedconstructiondata.com. Contact: Greg Sitek, Associated Construction Publications, 205-633-1789, gsitek@reedbusiness.com Media Contact: Ryan Cummings Reed Construction Data 770-417-4000  
Aug 07, 2007
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Reed Construction Data, a leading supplier of quality construction information products and services, announced today the release of their latest information solution for strategic and tactical planning, Reed Construction Forecast. This product is produced in partnership with Property and Portfolio Research (PPR), an independent provider of real estate research, portfolio strategy and risk management advisory services. The Reed Construction Forecast product delivers the most timely construction industry activity statistics in a dynamic, quarterly format — combining historical data, current year projections and forward-looking forecasts. This database applies local market drivers to create a model-driven business planning and information tool covering 21 major project categories at the MSA level. In addition, forecast data can be aggregated at the county level to create custom territories. The database contains construction activity statistics recorded in both square footage and dollar value figures. Forecast reports will be published within 18 business days after the close of each quarter. The development of Reed Construction Forecast is a natural extension of the product line already containing some of the industry’s most respected construction analytics and research solutions. Reed Construction Startsis currently available in two formats — year-to-date construction activity published monthly or historical activity in a searchable database. Reed Market Fundamentals offers a quarterly forecast report available at metropolitan market level. “Responding to market needs and customer requests, Reed Construction Data continues to build on the strategic relationship with PPR to offer business leaders in the construction community a complete portfolio of analytics products”, stated George Haddad, Vice President, Product Management for Reed Construction Data. "This new service builds on our collaborative relationship to provide the construction industry with forward looking information and stay ahead of market trends," says George Manthous, Director of Sales and Marketing at PPR. For more information or to purchase Reed Construction Forecast, please contact us at 800-424-3996.  
Jul 11, 2007
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Reed Construction Data Canada (RCD) and the Southern Vancouver Island Construction Association (SVICA) have announced the signing of a strategic alliance agreement that will see the organizations working together to support the growth of the Vancouver Island construction market. SVICA is one of three Vancouver Island Associations forming the Vancouver Island Construction Association (VICA), one of four BC regional associations forming the British Columbia Construction Association (BCCA). The agreement contains a number of opportunities designed to advance the growth and development of Construction organizations on Vancouver Island. SVICA members (new members and members who are currently RCD customers) will receive discounted rates toward an array of RCD products and services including; Building Reports (Connect, KeyMail, KeyFax, and KeyLine), Journal of Commerce, RCD Interactive, CanaData products and RS Means. In addition, RCD and SVICA will launch the Pre-Bid subscription service to SVICA members, which will provide the latest information on commercial, industrial and institutional projects from the planning phases through to the preparation of the final tender documents. “Reed has a history in the western Canadian market that dates back to 1911. Vancouver Island has always been a strong part of our history. This new alliance with SVICA is a genuine opportunity for RCD to support business growth on the Island,” states Mark Casaletto, Reed Construction Data Canada’s Managing Director. “We look forward to working with every member of this organization; helping to support their goals as we grow together. We are honoured to be able to call ourselves a partner of SVICA. “Reed Construction Data has been a well known and well respected source of information for our members for many years,” says Greg Baynton, President of the Southern and Vancouver Island Construction Associations. “We are very excited about our alliance with Reed Construction Data and we look forward to offering our members an expanded array of benefits and powerful tools enabling their growth and greater success”. About the Vancouver Island Construction Association The Vancouver Island Construction Association (VICA) represents local industrial, commercial, institutional and multi-residential divisions of construction across Vancouver Island. VICA is comprised of the Southern Vancouver Island Construction Association (SVICA), the North Vancouver Island Construction Association (NVICA), and the Mid-Island Construction Association (MICA). SVICA works to serve and promote the business life of all VICA members. ### For more information about Reed Construction Data, contact Kathy Mikolajczyk at 905-752-5529 or email to kathym@reedbusiness.com Eastern
May 04, 2007
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Reed Construction Data (RCD) and the Ontario General Contractors Association (OGCA) have announced the signing of a strategic alliance agreement that will result in the two organizations combining resources in support of Ontario’s General Contractors. The agreement includes a number of provisions designed to foster growth and development of OGCA members, and to further strengthen RCD’s position as Canada’s leading provider of construction information and opportunity. OGCA members will receive substantial benefits from the agreement, including significant discounts on RCD’s published products. In addition to trial subscriptions to Daily Commercial News for new members, OGCA members will enjoy reduced subscription rates on Building Reports and RS Means, and reduced admission to the annual CanaData Conference. OGCA members will automatically receive RCD’s weekly CanaData electronic newsletter at no charge, to be launched in Spring 2007. Discounts will be available to OGCA members for subscriptions to RCD’s Interior Design, Building Design and Construction, Customer Builder, Professional Builder, and Professional Remodeler magazines. OGCA members will benefit from reduced advertising rates in RCD publications, permitting cost-effective promotion opportunities for OGCA members to a highly focused and targeted audience. The agreement calls for RCD and the OGCA to share in efforts to promote the General Contracting profession in Ontario. “The partnership between RCD and OGCA is a natural fit,” states Mark Casaletto, RCD Canada’s Managing Director. “We have been working with General Contractors in Ontario since we first published Daily Commercial News in November 1927. Our editors rely on General Contractors as an important source, their voice has been heard by the entire industry through our articles. They have been an ongoing advertiser with us and most importantly one of our largest and most active readers for 80 years. We are excited to align ourselves with the OGCA and look forward to making our products and services more readily available to their members to help them succeed in today’s marketplace. RCD looks forward to working side by side with the OGCA as a partner in our mutual success and growth for many years to come.” “RCD products have been a trusted source of both information and opportunity for Ontario’s General Contractors for many years,” adds Clive Thurston, President of the OGCA. “Our membership has traditionally looked to Daily Commercial News for business leads and insight into best practices and methods. We’re delighted to be associated with an organization known for accuracy and integrity, and excited about the additional prospects our members will enjoy through increased access to RCD’s products and services.” About the Ontario General Contractors Association The Ontario General Contractors Association (OGCA) is Canada’s only provincial association of General Contractors. Established in 1939, the Association is the advocate and advisor to its member companies. With approximately 200 members, the OGCA represents almost 60 per cent of the institutional, commercial and industrial construction in the province. ###For more information about Reed Construction Data, contact Kathy Mikolajczyk at 905-752-5529 or email to kathym@reedbusiness.com.
Apr 23, 2007
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Reed Construction Data Inc (RCD) and the Association of Consulting Engineers of Canada (ACEC) have announced the signing of an alliance agreement that will see the two organizations combining resources and cooperating in various initiatives intended to promote and support common goals and interests. The agreement includes a number of provisions designed to increase the exposure and reach of RCD’s products among Canadian Consulting Engineers. In turn, RCD will provide promotional and marketing opportunities to the ACEC to assist in advancing the organization and the profession throughout Canada. Among other advantages, ACEC members will enjoy unlimited access to selected RCD products, including Buildcore and Project Source, as well as substantial discounts on RCD’s suite of industry intelligence products, including Daily Commercial News, Journal of Commerce, CanaData Forecaster, and additional industry leading analysis and forecasting tools. ACEC members will also benefit from reduced admissions to RCD’s annual CanaData Construction Industry Forecasts Conference. In turn, the ACEC will promote and endorse RCD as a business partner, provide promotional and endorsement opportunities on communications and at the annual ACEC Conference, and employ RCD as a sole provider of construction industry intelligence. “The ACEC is a strong and dynamic organization with an outstanding reputation for professional integrity and ethical practices,” states Mark Casaletto, Reed Construction Data’s Managing Director. “We believe this alliance is a natural fit. Reed Construction Data is Canada’s leading provider of the industry intelligence Consulting Engineers need to succeed in today’s competitive market. With comprehensive coverage and informed analysis of every sector of the construction industry, we’re uniquely positioned to assist in advancing the Engineering profession. ACEC members are both an obvious audience and highly desirable clients for RCD’s products and services.” “We are excited about our alliance with RCD,” notes Claude Paul Boivin, CAE, ACEC’s President and Chief Operating Officer. “They’ve been a trusted source of industry insight and opportunity for many years, and we’re delighted that our members will now have increased access to timely and reliable information Consulting Engineers use every day, as well as dependable forecasts needed to plan for tomorrow’s challenges. RCD’s commitment to the Canadian construction industry and the qualified Engineering professionals shaping the country’s future, combined with a reputation for accuracy and integrity, are both in keeping with ACEC goals and of substantial benefit to the ACEC and its members.” About the Association of Consulting Engineers of Canada ACEC is the voice of the Canadian private sector engineering companies – a $13.5 billion a year industry which generates 30% of its revenues from international work. Founded in 1925, ACEC is the national association of consulting firms that provide engineering and other technology-based intellectual services to the built and natural environment. Member companies offer professional engineering services world wide to private sector and government clients. The ACEC’s mission is to promote and safeguard the business and professional interests of the Canadian consulting engineering industry in Canada and abroad. The Association’s membership consists of approximately 600 independent consulting engineering firms and 11 provincial and territorial member organizations. Members range in size from single-person operations to multinational companies, collectively offering 35 types of services in 273 specializations within 14 major economic sectors. ###For more information about Reed Construction Data, contact Kathy Mikolajczyk at 905-752-5529 or email to kathym@reedbusiness.com
Jan 22, 2007
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Reed Construction Data Inc (RCD) and the Architectural Institute of British Columbia (AIBC) have announced the signing of a strategic alliance agreement that will result in the two organizations combining resources to support British Columbia’s Architectural professionals, and to promote the region’s busy design and construction market. The agreement includes a number of provisions designed to foster growth and development of the Architectural profession in British Columbia. RCD has agreed to promote AIBC programs and to assist in efforts to advance the profession within the province. Initiatives include RCD sponsorship of AIBC’s Annual General Meeting.  AIBC members will also benefit from access to industry-oriented content gathered through RCD relationships, and will be eligible for preferred advertising rates in both online and print media. “Our base of operations in British Columbia extends back almost 100 years,” notes Mark Casaletto, Reed Construction Data’s Managing Director. “Our success, as evidenced by our longevity and growth, is largely attributable to the cooperation we’ve traditionally enjoyed between B.C.‘s Architectural and Design communities and our editorial and research staff. This is an important partnership for RCD, not only because it brings us closer to the design community, but because it allows us to give something back to the profession. And with the imminent launch of Buildcore.com, this agreement ensures we’ll benefit from close ties to our primary users. As we expend and further enhance our resources, we are committed to fulfilling the needs of our regional and national customers. This partnership will allow us to achieve this goal.” “We view RCD and Journal of Commerce as important sources of information for British Columbia’s design, building and construction industry,” adds Dorothy Barkley, Executive Director of the AIBC. “The Journal has an extensive history of addressing important issues and industry trends. Our members will always require access to reliable information about the unique challenges and opportunities facing BC’s design community and the AIBC encourages architects to use the best resources at their disposal.” About the Architectural Institute of British Columbia The AIBC is a self-governing body dedicated to excellence in the profession of architecture for the benefit of its membership, society and the environment. Through our many community initiatives, professional programs and partnerships with other professional organizations throughout the province and across the country, we strive to be effective and successful ambassadors on behalf of the profession, its practitioners and British Columbia. ### For more information about Reed Construction Data, contact Saundra Dobroski at 905-752-5552 or email to saundra.dobroski@reedbusiness.com
Jan 19, 2007
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RSMeans is pleased to introduce MeansCostWorks.com, an innovative, one-stop estimating tool that provides online access to the nation’s most used and quoted construction cost data, in tandem with new estimating capabilities and user-defined customization features. MeansCostWorks.com offers the full range of RSMeans cost data – comprising 85,000 unit prices and 25,000 typical building assembly costs – for estimating new commercial and residential construction, facilities construction and repair and remodeling projects, all in one up-to-date and easy-to-use database. RSMeans is the first in the industry to offer the following online features: Simultaneous, shared access to RSMeans estimating data online. A key advantage of this subscription-based service is the efficiency of shared access. Estimates and supporting cost data can be accessed anytime in a secure web environment, where project team members can collaborate to develop estimates. The estimates can then be printed directly from the program or easily exported to Microsoft Excel and other report formats selected by the user. Users can create and maintain their own cost database online. MeansCostWorks.com enables construction professionals to set-up and manage their own unique construction cost database online. When user labor costs differ from RSMeans’ current averages, users can input their own wage rates for any of 46 trades. Alternative costs for items such as building materials and equipment rental can be replaced on an unlimited basis, and user-defined costs can be applied to selected lines or universally. Any custom line may be changed at any time. One-stop online estimating offers current or past cost data for every construction specialty, and it adjusts costs to project location. Users can select current or past cost data from three comprehensive databases that include specialties such as repair and remodeling, mechanical, electrical, plumbing, concrete and masonry, site work and landscaping, and heavy construction. MeansCostworks.com estimates can be automatically adjusted to union or open shop wages, and all costs can be localized to more than 900 locations in the U.S. and Canada. Complete flexibility for any type of estimating need. The new RSMeans online service lets users search and organize cost data easily, generate customized cost reports, merge multiple cost lists, and quickly add or change costs. Cross-referencing and checklists are also included to streamline various estimating tasks, including change order preparation and allowing for economies in construction. Like all of RSMeans cost products, MeansCostWorks.com data is organized according to the industry-standard Construction Specifications Institute’s (CSI) MasterFormatâ„¢ classification system. “The MeansCostWorks.com product raises the value of RSMeans data to a new level, providing more data, flexibility, and customization,” says John Ware, Senior Vice President and General Manager of RSMeans. “This shared-access website is a valuable tool to enhance both the estimating processes and cost management.” For more information or a demonstration of this new product, visit www.MeansCostWorks.com. Subscriptions and information can also be obtained by calling 1-800-344-3509. About RSMeans RSMeans, a part of Reed Construction Data, is the foremost source of construction cost information in North America, with 24 annual cost data products, and multiple CD, online and OEM software solutions that offer quarterly cost updates. RSMeans also offers over 60 construction reference publications, a nationwide seminar program, and consulting services.  
Oct 30, 2006
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RSMeans, a business unit of Reed Construction Data, announces a new 225-page soft-cover book geared to construction company owners — giving them the guidance they need to put their firms on a solid footing for long-term success and profit. Only 43% of construction firms remain in business after 4 years, yet thousands of contractors achieve success over long and fulfilling careers. The difference between success and failure lies in large part in knowledge that most contractors have to learn “the hard way,” through difficult and sometimes costly experience. In this book, author Nick Ganaway, owner of a successful commercial construction company for more than 25 years, speaks directly to other contractors. He gives them the benefit of his sometimes hard-won experience — explaining what it takes to build all aspects of a business that’s profitable, enjoyable, and enduring. Here are some of the things contractors will learn from this book: Essential terms and conditions to include and exclude in contracts. “Commandments” contractors need to follow to ensure they’re paid what they're owed, including step-by-step change-order procedures to avoid disputes and non-payment. What must be done administratively before breaking ground on every project. How to select, hire, and keep “golden” employees. Ways to target, check-out, land, and retain profitable customers. Effective marketing even the smallest contractor can afford. How to identify the accountants, lawyers, and insurance agents that are right for the contractor and his business. The What, When, Where, and Why of licensing and registration. Strict do’s and don'ts of mechanics’ liens – including when an owner goes bankrupt. The advantages of specializing, including the opportunities in chain store construction. More than 40 construction, government, and other valuable online resources. Based on his years of experience, the author points out the opportunities and risks in various situations and explains how to build profit for the long haul. From the construction company owner’s role, to finding and retaining the right key employees, to marketing the company, there is a strong emphasis on the “human factor” so crucial to success in construction. The book also makes the case for specialization, or niche contracting, a strategy that allows a contractor to become more knowledgeable in a field, be seen as an insider, become sought-after, and achieve a more profitable business. "Construction Business Management provides insight into the critical business skills for our industry, that are not often mastered," says Wayne J. DelPico, Vice-President of The Mulligan Company, Inc. a building and development company in Massachusetts." Mr.Ganaway's professional experience is evident in the clear and concise manner in which he addresses some difficult, but essential topics in managing a successful construction business." John Ware, Senior Vice President and General Manager of RSMeans, says, “This book provides many practical insights that can make an immediate difference for contractors, superintendents, and subcontractors, especially in a tight, less forgiving economy.” About the AuthorNick B. Ganaway started and then operated his own successful construction business for 25 years. His prior experience includes several years as a construction manager for Shell Oil Company. He has a degree in industrial engineering from the University of Texas at Arlington and lives in Atlanta, Georgia, where he currently consults with contractors and other small-business owners.
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