Construction Firms In Virginia Face Slower Market
Local contractors recall prosperity four years ago as nonresidential and nonbuilding work cools. Nielsen Construction official Jim DeLucas notes fewer large state and commercial projects while residential building remains robust. With a faltering economy and state budget woes, industry leaders warn the downturn may worsen in months ahead.
MENTIONED IN THIS ARTICLE
Jim DeLucas
Nielsen Construction
Harrisonburg
Virginia
Virginia Department of Transportation
Steve Vermillion
Associated General Contractors of
Construction bids eyed for Harrisonburg High School project
Lean times in the regional construction industry may favor Harrisonburg taxpayers as large out of area bidders contest local bids. Competition could push down subcontractor and general contractor bids, saving money for the city schools on renovations. Jim Lee comments on regional and state interest in the project.
MENTIONED IN THIS ARTICLE
Harrisonburg
Jim
Economy Slows Again In Second Quarter
The Commerce Department reports GDP rose only 1.1 percent in Q2, down from 5 percent in Q1, signaling a slower recovery. Economists caution the downturn began before the Sept. 11 attacks, with many predicting a “half-speed” revival and potential for a double dip. Stu Hoffmann of PNC notes a cautious rebound but not a reversal.
MENTIONED IN THIS ARTICLE
Commerce Department
Mance
Stuart Hoffman
PNC Financial Services Group
Bomb at Hebrew University Kills Seven in Jerusalem
A bomb hidden in a bag exploded in a busy cafeteria at Hebrew University in Jerusalem killing seven people, including three Americans, and wounding over 80. Hamas claimed responsibility saying the attack was revenge for Israel’s Gaza strikes.
MENTIONED IN THIS ARTICLE
Hebrew University
Jerusalem
State Department
Lynn Cassel
Washington
Hamas
Israel
Gaza City
Salah Shehadeh
West Bank
Israel Radio
AOL Time Warner Faces Justice Dept Scrutiny
AOL Time Warner said the Justice Department is examining its accounting practices raising the chance of a criminal case. Regulators are already probing the company’s bookkeeping amid a wave of corporate accounting scandals and investor mistrust. The probe could shift from civil to criminal. officials declined further comment. President Bush signed a fraud bill but critics say it may weaken enforcement. The company noted it was not charged and stressed that any inquiry prompts government review.
MENTIONED IN THIS ARTICLE
New York
AOL Time Warner Inc
Justice Department
AOL Time Warner
Presi
Dent Bush
AOL
Time Warner
USA Today
Kennedy vows continued push on Medicare drug benefit
Senate aide says the Medicare prescription drug bill is dead for now but Sen Edward Kennedy remains committed to restoring the plan. The brief item cites local residents and provides contact details for the newspaper's main switchboard and delivery help.
MENTIONED IN THIS ARTICLE
Sen
Edward Kennedy
D-Mass
A Medicare
Warner eyes statewide water curbs in Virginia drought
Governor Mark R. Warner discussed potential statewide water restrictions as Virginia endures a worsening drought. He toured Roanoke County to see farmer impacts and said restrictions would be historic once the drought deepens, with federal disaster declarations already aiding several counties.
MENTIONED IN THIS ARTICLE
Roanoke
Mark R. Warner
Virginia
Warner
Roanoke County
J. Carlton Courter III
Bill Poage
Chancellorsville battle site faces 2350 home plan fight
Preservation groups mobilize to block Dogwood Development Group plan to rezone nearly 800 acres for a mixed use community near the historic battlefield. The project includes 2 million square feet of commercial space and 34 acres for a battlefield park. National park officials cite the site’s significance and warn development could mar the landscape.
MENTIONED IN THIS ARTICLE
Chancellorsville
Dogwood Development
John Hennessy
National Park
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Marshall H. Frazier
Elkton
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Mount Solon
Evelyn V. Williams
Moorefield
W.va
Joseph A. Yoder
Daronline.com
Business Dia
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State Eye
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Ae Nation World
U.S. Department of Agriculture
Brunswick
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Fluvanna
Goochland
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Robert E. Lee
Gettysburg
Thomas J. “Stonewall” Jackson
Itary History
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Norman
Schwarzkopf
Civil War Preservation Trust
Jim Lighthizer
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