Firemanscontractors

Fireman’s Contractors, Inc. Launches Proprietary Construction Management Software – Firebase™

DALLAS, May 4, 2012 /PRNewswire/ — Fireman’s Contractors, Inc. (OTCBB: FRCN) (OTCQB: FRCN), a commercial contractor offering business-to-business commercial franchises and services in the pavement maintenance and parking lot maintenance industry, announced today it has launched beta testing on its proprietary construction management software, Firebase(TM), as part of Fireman’s franchise development program and ongoing efforts to streamline business management in the commercial contracting industry.

This robust software platform includes the necessary online management tools to help a contract service business run successfully, including accounting/invoicing functions, customer relationship management software, business development resources and more. In addition, the platform is compatible with the Apple iPad and will enable Fireman’s field representatives to generate project estimates and obtain customer sign-off digitally at the customer’s location.

Renee Gilmore, CEO of Fireman’s Contractors, stated, “We are very excited with the steps we have taken over the last several months to launch this very important part of our business. The Firebase online platform will be a valuable asset to all our franchisees and possibly other commercial contractors in the future.”

The Firebase platform is included along with other business tools and training for new franchisees of Fireman’s Contractors. A member of the International Franchise Association (IFA), Fireman’s recently announced the launch of its franchise development program, aimed to assist the company in expanding its market share. The program is being led by a team of highly successful, experienced franchise development professionals who have previously facilitated the sales of more than 7,000 franchises. Fireman’s Contractors is also a partner in the IFA’s VetFran initiative, which offers financial incentives to veterans returning home in honor of their service to our country. For more information about Fireman’s Contractors franchise program, please visit: Fireman’s Contractors Franchise Opportunities.

As previously announced, the company was recently recognized by the U.S. Chamber of Commerce as a 2012 Free Enterprise Honoree. Beth Solomon, Vice President of Strategic Initiatives and Industry Relations for the IFA, stated, “We are pleased to welcome Fireman’s Contractors into the VetFran program and look forward to working with the company to offer our returning veterans options for affordable small business ownership. We believe Fireman’s Contractors’ service platform and strong value proposition are an outstanding match for our VetFran program.”

About VetFran:

The Veteran Transition Franchise Initiative (VetFran) is an International Franchise Association (IFA) program. VetFran was founded in 1991 in an effort to support veterans returning from war and help them transition into civilian economy. It includes more than 400 IFA franchisor member companies offering financial incentives, training and mentoring to veterans interested in small business ownership and/or a career path in franchising. Since the program’s inception, more than 2,100 veterans have become franchise business owners through VetFran.

About Fireman’s Contractors:

Fireman’s Contractors, Inc. is a full-service contractor commercial contractor offering business-to-business commercial franchises and services in the pavement maintenance and parking lot maintenance industry as well as providing professional services for commercial and government clients. Its services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance. Fireman’s Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S.  Fireman’s Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations. For more information about Fireman’s Contractors, visit: www.FiremansContractors.com

For more information, contact:

Investor Relations Contact:

Geralyn Maher DeBusk

Halliburton Investor Relations

Phone: 972-458-8000

Tags: Firemans Contractors, Firemans Contractors Franchise, frcn, FRCN.ob, otc: frcn, otcbb: frcn, Renee Gilmore, U.S. Chamber of Commerce
Posted in Construction Industry Market News, Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans Contractors Business Development, Firemans Contractors Franchise, Firemans PR, Firemans-Contractors.com | 23 Comments »

U.S. Chamber of Commerce to Recognize Fireman’s Contractors at 2012 America’s Small Business Summit

DALLAS and FORT WORTH, Texas, /PRNewswire/ — Fireman’s Contractors, Inc. (OTCBB: FRCN.OB – News) (OTCQB: FRCN.OB – News) today announced that the U.S. Chamber of Commerce will recognize Fireman’s at the 2012 America’s Small Business Summit as one of the Free Enterprise Honorees announced earlier this year. The 2012 Small Business Summit, which will be held May 21-23 in Washington, D.C., will unite small business owners and entrepreneurs from across the country for two days of networking, education and sharing of ideas. Through the “Rally on the Hill” portion of the program, attendees will also have the opportunity to influence public policy by communicating directly with representatives on Capitol Hill to advocate pro-business U.S. economic and political initiatives.

Keynote speakers at the Summit will include senior officers from Sam’s Club, Federal Express, McDonald’s, Best Buy and other successful corporations, as well as political analyst James Carville, author and radio talk show host Mary Matalin, and senior officials from the U.S. Chamber.

Commenting on Fireman’s participation in the Small Business Summit, CEO Renee Gilmore said, “We are honored to be recognized by the U.S. Chamber of Commerce at the 2012 Small Business Summit, and we look forward to networking with other successful small business leaders and respected political figures at the event.”

About Fireman’s Contractors:

Fireman’s Contractors, Inc. is a full-service contractor providing professional services for commercial and government clients. Services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance. Fireman’s Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S. The company’s goal is to develop a number of new franchise locations in the next 24 to 48 months. Fireman’s Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations. For additional information about Fireman’s Contractors, visit: www.FiremansContractors.com

Founded by a Firefighter, Fireman’s Contractors — Contractors You Can Trust ®

For more information, contact:

Fireman’s Contractors, Inc.
2406 Gravel Drive
Fort Worth, TX 76118
Phone: 800-475-1479

Investor Relations Contact:
Geralyn Maher DeBusk
Halliburton Investor Relations
972-458-8000

Tags: 2012 Free Enterprise Honorees, B2B Franchise, BBY NYSE, Best Buy (NYSE: BBY), FDX NYSE, FedEx NYSE FDX, Firemans Contractors, frcn, FRCN.ob, MCD NYSE, McDonalds NYSE MCD, otcbb: frcn, OTCQB: FRCN, US Chamber, Walmart (NYSE: WMT), WMT NYSE
Posted in Best Buy (NYSE: BBY), Federal Express (NYSE: FDX), Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans Contractors Business Development, Firemans PR, Firemans-Contractors.com, McDonals (NYSE: MCD), OTC: FRCN, U.S. Chamber of Commerce, Walmart (NYSE: WMT) | 43 Comments »

Constructions News: Jacobs Awarded Contract for $1B Pipe Manufacturing Facility in Texas

CONSTRUCTION NEWS: March 27, 2012 PASADENA, Calif.,  /PRNewswire via COMTEX/

Jacobs Engineering Group Inc. (NYSE: JEC) announced today it was awarded a contract to provide Project Management Consulting (PMC) services for a new pipe rolling mill near Corpus Christi, Texas for Tianjin Pipe (Group) Corporation (TPCO), a global leader in the manufacture of seamless pipe.

Officials did not disclose the contract value; however estimated the total program value at around $1 billion.

Jacobs’s Houston and Shanghai operations are responsible for the Project Management Consulting services. Jacobs is expected to assist TPCO with the coordination and management of engineering, procurement, and construction for the mill thereby enhancing TPCO’s own internal capabilities and resources as well as those of its Chinese associate engineering company, Capital Engineering & Research Incorporation Limited (CERI). Engineering, procurement and construction of the new facility is expected to be a multinational endeavor, including professional services, materials and/or labor from, the United States, Europe and China.

The new manufacturing facility, located in Gregory, Texas near the Port of Corpus Christi, is scheduled to be delivered with phased completions between December 2012 and end of 2014. This project is TPCO’s first major mill in the United States.

In making the announcement, Jacobs Group Vice President Tom McDuffie stated, “We are very proud that TPCO has chosen Jacobs to provide project management consulting services for its first project in the U.S. This is a major investment in Texas and reflects the confidence in our reputation for successfully delivering large facilities anywhere in the world.”

Headquartered in Tianjin, China, TPCO has major manufacturing facilities in China and Indonesia and according to TPCO, has captured over 40 percent of China’s OCTG domestic market and exports to over 100 countries in Europe, Americas, Asia, Africa and Oceania.

Jacobs is one of the world’s largest and most diverse providers of technical, professional, and construction services.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2011 Form 10-K, and in particular the discussions contained under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Tags: ARTISAN PARTNERS LIMITED PARTNERSHIP, BLAIR (WILLIAM) & COMPANY L.L.C., Construction News, Firemans Contractors, frcn, FRCN.ob, Jacobs Engineering, Jacobs Engineering Group NYSE JEC, JEC Jacobs Engineering, LORD ABBETT & CO, NYSE: JEC, otc: frcn, otcbb: frcn, OTCQB: FRCN, Perkins Investment Management LLC, PLATINUM INVESTMENT MANAGEMENT LTD, WELLINGTON MANAGEMENT COMPANY LLP
Posted in ARTISAN MID CAP VALUE FUND, ARTISAN PARTNERS LIMITED PARTNERSHIP, ARTISAN SMALL CAP VALUE FUND, BlackRock Institutional Trust Company, BLAIR (WILLIAM) & COMPANY L.L.C., FIDELITY LOW-PRICED STOCK FUND, FMR LLC, LORD ABBETT & CO, PLATINUM INVESTMENT MANAGEMENT LTD, STATE STREET CORPORATION, VANGUARD GROUP, INC., WELLINGTON MANAGEMENT COMPANY LLP | 38 Comments »

LOCAL NEWS: $2.5Billion Road Construction Project Gaining Momentum

FORT WORTH, TEXAS

A significant road construction project in Tarrant County is approaching the 2-year mark. Designers broke ground around the North Tarrant Express in mid-2010. Once it’s complete, the NTE will run from Interstate-35W in Fort Worth to Industrial Boulevard in Euless. The $2.5 billion project will rebuild the present lanes of Interstate-820, Highway 121 and Highway 183, and add handled toll lanes.

“Probably over the following two months, this whole corridor is going to be being built,” stated Robert Hinkle, representative for that NTE. “So, which means there’s happening within the entire 13 . 5 miles.” By focusing on the whole project all at one time, rather than gradually, designers can complete the development much faster.

The NTE is anticipated to become open by June 2015. The job has already been in front of schedule, however the orange barrels and concrete obstacles will not be disappearing in the near future. “When you pull individuals concrete obstacles in, which you need to do to produce the development, the lanes remain. They’re just likely to look a great deal more compact,” Hinkle described. “So, for individuals workers’ safety but for the drivers’ safety, we would like folks to decelerate and give consideration.”

Across the stretch, cars, construction and congestion are commonplace. So, a minimum of for the following 3 years, controlling with the traffic trouble place is going to be tricky. “On a day, we have about 150,000 cars moving through this corridor, as well as we have about 1,000 employees on a day,” Hinkle stated. “So, put lower your Rim, put lower your sandwich, put lower your makeup, put lower anything you have with you – grip the wheel and drive.”

Tags: construction zones, frcn, FRCN.ob, otc: frcn, otcbb:frcn, road construction, road improvement, road improvments
Posted in Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans-Contractors.com, OTC: FRCN, Road Construction, Road Projects, Road Work Ahead | 42 Comments »

Construction Industry News: Tutor Perini Corp

Construction Industry News:  Tutor Perini Corp (NYSE: TPC)

Tutor Perini Corporation (NYSE: TPC – News), a leading civil and building construction company, recently announced that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a task order valued at $55 million by the U.S. Army Corps of Engineers (USACE) Middle East District. The task order was competitively bid under the multi-year USACE MATOC program for work in the 20 country region of the U.S. Central Command’s area of responsibility.

The project involves the design and construction of overhead ballistic covers to protect U.S. government personnel at three locations in Iraq. PMSI has built 127 similar structures at military and diplomatic installations in Iraq over the past seven years. The covers are built over existing temporary structures such as dining facilities and housing units to deflect and prevent damage from indirect fire of rockets and mortars.

PMSI’s work on overhead coverage systems has been recognized nationally by the Construction Management Association of America (CMAA), Design-Build Institute of America (DBIA) and the American Council of Engineering Companies (ACEC). The program also earned the 2007 USACE Project Delivery Team Merit Award and a commendation letter from General David H. Petraeus.

The PMSI team includes Tetra Tech of Pasadena, CA for architect/engineering services.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil and building construction company offering diversified general contracting and design/build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large complex projects on time and within budget while adhering to strict quality control measures.

We offer general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including excavation, concrete forming and placement, steel erection, electrical and mechanical services, plumbing and HVAC. We are known for our major complex building project commitments as well as our capacity to perform large and complex transportation and heavy civil construction for government agencies and private clients throughout the world.

Tutor Perini Corporation website: http://www.tutorperini.com

Recently, Chairman & CEO, Ronald Tutor trimmed his holdings to 10,537,575 shares (22.3%) by selling 734,583 from Dec. 6 through March 7 at $12.25 to $15.57 per share.

To see the SEC filings of the 13D: http://www.sec.gov/Archives/edgar/data/77543/000114036112017059/formsc13da.htm

YAHOO FINANCE: TOP (Tutor Perini Corp., NYSE: TPC) Institutional and Mutual Fund Holders

Holder

Holder

Tags: Alliance Bernstein Small/Mid Cap Value Fund, AllianceBernstein, ARTISAN SMALL CAP VALUE FUND, DEUTSCHE BANK AKTIENGESELLSCHAFT, DFA U.S. SMALL CAP VALUE SERIES, DIMENSIONAL FUND ADVISORS LP, DREMAN VALUE MANAGEMENT L.L.C., DWS Dreman Small Cap Value Fd, FIDELITY LOW-PRICED STOCK FUND, Firemans Contractors, FMR LLC, FRANKLIN RESOURCES, FRANKLIN TEMPLETON-TEMPLETON GLOBAL SMALLER COMPANIES FU, frcn, FRCN.ob, ISHARES RUSSELL 2000 INDEX FD, Lombardia Capital Partners LLC, LSV ASSET MANAGEMENT, otc: frcn, OTCQB: FRCN, Robeco Investment Management Inc., TEMPLETON GLOBAL SMALLER COMPANIES FUND INC. (USA), VANGUARD GROUP INC., VANGUARD SMALL-CAP INDEX FUND, VANGUARD TOTAL STOCK MARKET INDEX FUND
Posted in Alliance Bernstein Small/Mid Cap Value Fund, AllianceBernstein, L.P., ARTISAN SMALL CAP VALUE FUND, Construction Industry Market News, Constructions News, DEUTSCHE BANK, DFA U.S. SMALL CAP VALUE SERIES, DIMENSIONAL FUND ADVISORS LP, Dreman Value Management, LLC, DWS Dreman Small Cap Value Fd, FIDELITY LOW-PRICED STOCK FUND, Firemans-Contractors.com, FRANKLIN RESOURCES, INC, Industry Investor News, ISHARES RUSSELL 2000 INDEX FD, Lombardia Capital Partners, LSV ASSET MANAGEMENT, Robeco Investment Management, Inc., TEMPLETON GLOBAL SMALLER COMPANIES FUND, INC. (USA), Tutor Perini Corporation (NYSE: TPC), VANGUARD GROUP, INC., VANGUARD SMALL-CAP INDEX FUND, VANGUARD TOTAL STOCK MARKET INDEX FUND | 26 Comments »

Bloomberg Reports: Road-Work to Stop as Congress Disputes Funding Bill

Bloomberg Reports: Road-Work to Stop as Congress Disputes Funding Bill

By Jeff Plungis – Mar 26, 2012

Congress’s rhetoric ahead of the March 31 expiration of a law funding U.S. highway and transit projects resembles the dueling that led to last July’s impasse shutting down the Federal Aviation Administration for two weeks.

About 4,000 government workers were furloughed. The agency lost $468 million, according to data compiled by Bloomberg, when airlines for 16 days pocketed a ticket tax that would have been used for airport construction.

The consequences of a highway-program shutdown would start with construction workers being laid off after states stop getting U.S. reimbursements to pay them, said Pete Rahn, leader of HNTB Holdings Ltd.’s transportation practice in Kansas City, Missouri. As many as 1.87 million jobs may be at risk, according to a Senate fact sheet citing Transportation Department job- calculation models. The U.S. government couldn’t collect as much as $93 million a day in gasoline taxes, he said.

“This is by an order of magnitude bigger than the FAA bill,” said Joshua Schank, president and chief executive officer of the Eno Center for Transportation in Washington. “If it lasts any more than a few weeks, there would be serious damage.”

Senate Majority Leader Harry Reid, a Nevada Democrat, last week urged the House to take up the bill his chamber passed March 14. He wouldn’t discuss what would be the ninth extension of highway legislation that expired in 2009.

Representative Bill Shuster, a Pennsylvania Republican rounding up votes on the other side of the Capitol, said that stance may change by March 30.

Vote Scheduled

The House will vote on a 90-day extension today after 6:30 p.m. in Washington, according to the chamber’s daily schedule. The bill will be taken up under rules requiring a two-thirds majority to pass, meaning the 242 Republicans will need about 48 Democrats to advance the legislation.

Representative Nick Rahall, the House Transportation and Infrastructure Committee’s senior Democrat, urged a “no” vote in an e-mailed statement. House leaders should schedule a vote on the Senate bill, he said.

“Allowing Republicans another 12 weeks would do nothing but feed their dangerous addiction to serial extensions and damaging delays, which are causing uncertainty and chaos at the start of the construction season,” said Rahall, of West Virginia.

Insolvency Potential

Congress’s struggles to agree on a long-term bill have drawn out so long that the Highway Trust Fund, which pays for road and mass transit construction, is almost insolvent. Its highway account may be unable to meet its obligations as soon as October, the American Association of State Highway and Transportation Officials said Jan. 31 in a report analyzing Congressional Budget Office data.

The fund’s finances have declined as cars have become more efficient and Americans drive less because of higher gasoline prices, according to the U.S. Transportation Department.

If a shutdown forces gas-tax collections to stop, “these funds would be gone forever,” Rahn said. “There would be no way to make it up.”

The Senate’s two-year, $109 billion transportation plan passed March 14 includes about $14 billion from other accounts and general taxpayer money to shore up the trust fund. The trust fund collected $36.9 billion from all sources in 2011, according to the CBO.

When House leaders tried to bring a different bill to the floor last month, majority Republicans were so divided over how to pay for projects and whether mass transit should keep getting gasoline-tax money that it didn’t progress to a vote.

Jobs at Stake

House Transportation and Infrastructure Chairman John Mica, a Florida Republican, introduced a bill March 22 to extend current programs through June 30.

As with the FAA bill, a lapse in the government’s authority to collect gasoline taxes won’t necessarily lead to lower fuel prices for consumers, Schank said.

Senator Barbara Boxer, a California Democrat, held several news conferences last week calling for a vote on the approved bill she sponsored. Among the jobs at stake if highway funding lapses are 177,500 highway and transit positions in California, 120,300 in Texas and 113,300 in New York, according to fact sheet prepared by Senate Democrats.

The Senate bill may create another 1 million jobs by expanding private-sector financing for projects, according to the fact sheet.

House Speaker John Boehner, an Ohio Republican, backed off a pledge to act on the Senate bill if House members wouldn’t back Mica’s five-year, $260 billion plan. House Republicans want to bolster the Highway Trust Fund with revenue from opening up more federal land to oil and gas production, Boehner told reporters March 22.

‘Path to Bankruptcy’

“The problem with the Senate bill is it doesn’t address the issue of rising gas prices and energy,” Boehner said. “We believe if we are going to reauthorize the highway bill, American energy production ought to be a critical part of this.”

Boxer, chairman of the Senate Environment and Public Works, called a 90-day extension “a path to bankruptcy.” She wouldn’t say whether senators would support that plan.

House Minority Leader Nancy Pelosi, a California Democrat, indicated that Democrats were ready for a fight.

“We want all members of the House to go on record — do they want to create jobs or do they want to destroy jobs?” Pelosi told reporters. “Republicans in the House have painted themselves into an extreme position.”

Union Pressure

The House plan would consolidate 130 U.S. highway programs into six, Mica said March 22 in remarks to the Ripon Society, a Republican policy group in Washington. It will speed up the process of approving construction projects and improve transportation options that will take traffic off the highways, he said.

“I don’t want to pass just a highway bill,” Mica said. The Senate, he said, “passed just a highway bill and that’s the wrong thing to do.”

Labor unions seeking to protect their members are trying to pressure House Republicans. After running radio ads in Boehner’s suburban Cincinnati district earlier in the month, the Laborers’ International Union of North America drove a 15-foot flatbed truck with a giant roll of duct tape to the city’s Brent Spence Bridge over the Ohio River.

Obsolete Bridges

The prop symbolized Congress’s short-term approach to fixing Ohio’s 6,400 structurally deficient or functionally obsolete bridges, the union, which represents 500,000 construction workers, said in a March 21 statement.

Short-term extensions don’t allow the kind of planning required for cities to plan construction projects, and Fresno, California, already has a backlog of projects that can’t be put out for bid because of the uncertainty, said Mayor Ashley Swearengin, a Republican.

“Any short-term extension would doom our chances of getting a long-term bill this year,” Swearengin told reporters March 23 on a U.S. Conference of Mayors conference call.

The Senate bill is S. 1813 and the House bills are H.R. 7 and H.R. 4239.

Yahoo Finance:  People viewing FLR also viewed: FCX SLB JEC JCI WY POT

Tags: bloomberg reports, frcn, FRCN.ob, Highway Trust Fund, House Tranportation, otc: frcn, road work, transprortation department, u.s. infrastructure
Posted in Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Fluor Corporation (NYSE: FLR), Freeport-McMoRan Copper & Gold, (NYSE: FCX), Highway Trust Fund, House Transportation, Jacobs Engineering Group Inc. C (NYSE: JEC), Johnson Controls, Inc. (NYSE: JCI), OTC: FRCN, Potash Corporation of Saskatche (NYSE: POT), Road Projects, Schlumberger N.V. (NYSE: SLB), Transportation Department, Transportation Department Jobs, U.S. Highway and Transit Projects, U.S. Infrastructure, Weyerhaeuser Company (NYSE: WY) | 61 Comments »

Monday Market Sector: General Contractors – KBH

Monday Market Sector: General Contractors  - KBH

In trading on Monday, general contractors & builders shares were relative laggards, down on the day by about 0.8%.  Helping drag down the group were shares of KB Home (KBH), down about 4.3% and shares of Pultegroup (PHM) off about 2.4% on the day.

KB Homes’ Earnings:

For individuals still searching for that lengthy-looked forward to record improvement within the housing industry, KB Houses (KBH) most likely did not supply the overall amounts you had been searching for. Confirming a loss of revenue of $.59 per share or well a lot more than double the amount $.24 loss anticipated, shares meandered down again near $10.

Still, the organization gave the content of hope all contractors have become familiar with giving. “We predict the housing industry will progressively strengthen because the economy is constantly on the advance,” a statement given following a release.

However, by having an atmosphere which has lately become much more unfavorable for housing companies, even mediocre growth anticipation might be under appreciated. Precisely why KB Homes’ stock dropped over 8% following a report.

The issues for housing now goes beyond the fundamentals for example unemployment or house foreclosures. They now include rising home loan rates which are certain to create an astronomical headwind for contractors moving forward. Previously, rising home loan rates frequently signaled strength within the housing industry. However, using the latest report by KB Houses, the rise in rates is much more due to what many classify being an enhancing economy – a noticable difference by which contractors and residential sales are left out.

“We’ll certainly visit a freeze up in refinances immediately but the conclusion on an order still will not be influenced until rates reach least to 4.five percent In my opinion,Inch stated Peter Boockvar at Burns Tabak. “Presuming a $200k mortgage, going from 4 to 4.five percent in type of loan adds about $60 monthly to a person’s obligations, even though an additional $700 each year matters, I am unsure whether it’s an offer breaker.”

Despite the fact that it might not be considered a deal breaker, an upswing certainly will not result in a surge in sales. Even though some might be inclined to buy houses within the coming several weeks before rates go any greater, logic would rather argue if purchasers could not manage to buy houses in the lower rates, they will not be opening their purses now.

If the increase in rates, regardless of how mediocre, is not enough to scare away potential purchasers, contractors will also be left to fend by having an atmosphere by which tenants are growing in number. In mid-March, Zillow (Z) launched a study showing that median rents elevated 3% this year. While leasing is becoming a lot more seen, the disadvantages of home possession for example, in upkeep and insurance have unquestionably arose and discouraged individuals financially from dealing with the rates and expenses.

These developments have brought to significant sell-offs in homebuilding shares within the last couple days.

Yahoo Finance: People viewing KBH also viewed: LEN PHM TOL HOV BZH DHI

Tags: BZH, DHI, frcn, FRCN.ob, General Contractors, HOV, KBH, LEN, Market Sector General Contractors, NYSE: BZH, NYSE: DHI, NYSE: HOV, NYSE: KBH, NYSE: LEN, NYSE: PHM, NYSE: TOL, otc: frcn, otcbb: frcn, PHM, Pultegroup, TOL
Posted in Beazer Homes USA, Inc. (NYSE: BZH), D.R. Horton, Inc. (NYSE: DHI), General Contractor Market Sector, Hovnanian Enterprises, Inc. (NYSE: HOV), KB Home (NYSE: KBH), Lennar Corporation (NYSE: LEN), Market Sector, OTC: FRCN, PulteGroup, Inc. (NYSE: PHM), Toll Brothers Inc. (NYSE: TOL) | 54 Comments »

Construction Industry Market News: Jim Cramer on JEC

Jacobs Engineering [JEC 45.91 1.01 (+2.25%) ] : “Wait for a pullback before buying shares of JEC”, Cramer said.

MAD MONEY – JIM CRAMER

About Jacobs Engineering:

Jacobs Engineering Group Inc. (NYSE: JEC) is a technical professional services firm in the United States. It provides a range of technical, professional, and construction services to industrial, commercial, and governmental clients globally. The Company provides four categories of services: project services; process, scientific and systems consulting services; construction services, and operations and maintenance services. In February 2010, it acquired Jordan, Jones and Goulding, Inc. In October 2010, it acquired TechTeam Government Solutions, Inc. and Sula Systems Ltd. In December 2010, it acquired Damon S Williams. In February 2011, the Company acquired a number of Aker Solutions’ operations within its Process and Construction (P&C) business area. In May 2011, it acquired an additional 55% interest in Consulting Engineering Services. In November 2011, it acquired KlingStubbins. In December 2011, the Company acquired Unique World.

Yahoo Finance : People viewing JEC also viewed: FLR FCX CAT JCI SLB CSCO

Tags: CAT, CSCO, FCX, FLR, frcn, FRCN.ob, Jacobs Engineering Group Inc., JCI, JEC, Jim Cramer, Mad Money, Nasdaq: CSCO, NYSE: CAT, NYSE: FCX, NYSE: FLR, NYSE: JCI, NYSE: JEC, NYSE: SLB, otc: frcn, otcbb: frcn, SLB
Posted in Caterpillar, Inc. Common Stock (NYSE: CAT), Cisco Systems, Inc. (Nasdaq: CSCO), Construction Industry Market News, Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans-Contractors.com, Fluor Corporation (NYSE: FLR), Freeport-McMoRan Copper & Gold, (NYSE: FCX), Industry Investor News, Jacobs Engineering Group Inc. C (NYSE: JEC), Johnson Controls, Inc. (NYSE: JCI), Schlumberger N.V. (NYSE: SLB), U.S. Infrastructure | 162 Comments »

Fireman’s Contractors, Inc. Completes $48,000 Project for Texas Location of International Bank

DALLAS and FORT WORTH, Texas /PRNewswire/ – Fireman’s Contractors, Inc. (OTCBB: FRCN.OB – News) (OTCQB: FRCN.OB – News) today announced the completion of a $48,000 parking lot maintenance and repair  project for a Texas location of a major international bank.  The project consisted of concrete repair; installation of concrete speed bumps; parking lot stenciling; striping of stalls, fire lanes and crosswalks; and re-painting ramps.  The job was completed on time and on budget.

Commenting on the project, CEO Renee Gilmore said, “Fireman’s is working with a number of large, nationally recognizable companies on various projects, and we’re honored that they trust Fireman’s to service their commercial and parking lot maintenance needs.  We look forward to continuing to build strong business and customer relationships based on trust.”

About Fireman’s Contractors:

Fireman’s Contractors, Inc. is a full-service contractor providing professional services for commercial and government clients. Services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance.  Fireman’s Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S.  The company’s goal is to develop a number of new franchise locations in the next 24 to 48 months.  Fireman’s Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations.  For additional information about Fireman’s Contractors, visit: www.FiremansContractors.com

Founded by a Firefighter, Fireman’s Contractors — Contractors You Can Trust ®

For more information, contact:

Fireman’s Contractors, Inc.
2406 Gravel Drive
Fort Worth, TX 76118
Phone: 800-475-1479

Investor Relations Contact:
Halliburton Investor Relations
Geralyn Maher DeBusk
Phone: 972-458-8000

Tags: B2B Franchise, Citigroup Inc. (NYSE:C), fire lanes striping, Firemans Contractors Inc., frcn, FRCN.ob, otc: frcn, OTCBBL FRCN, OTCQB: FRCN, parking lot maintenance, parking lot striping
Posted in B2B franchise, Citigroup Inc. (NYSE:C), Construction Zones, Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans Contractors Business Development, Firemans PR, Firemans-Contractors.com, OTC: FRCN, Parking Lot Maintenance, Parking Lot Striping | 140 Comments »

Fireman’s Contractors, Inc. Recognized as Top 25 Free Enterprise Honoree by U.S. Chamber of Commerce

DALLAS/FORT WORTH, Texas — Fireman’s Contractors, Inc. (OTCBB: FRCN.OB) (OTCQB: FRCN.OB) today announced that the U.S. Chamber of Commerce has named Fireman’s one of the top 25 Free Enterprise Honorees in the U.S. Chamber’s Dream Big Small Business of the Year Awards program.  The program is designed to honor the nation’s job creators and recognize their significant contributions as drivers of economic growth.

In congratulating Fireman’s Contractors on the honor, Trula Tener, Senior Manager of Marketing Communications for the U.S. Chamber of Commerce, said, “This year’s Free Enterprise Honorees are commended for their strong business practices and contributions to the economy—Fireman’s Contractors is no exception. The selection committee was impressed with your application and accomplishments, and we are proud to recognize your business success story.”

Fireman’s Contractors will be included in the March online and print issues of Free Enterprise magazine along with a congratulatory letter from U.S. Chamber CEO Tom Donohue.

“We are so proud to be recognized as a Free Enterprise Honoree by the U.S. Chamber of Commerce,” said Fireman’s CEO Renee Gilmore.  “We will continue to strive for exemplary performance in all aspects of our business as we move forward with our franchise development initiative.”

About the U.S. Chamber of Commerce

The U.S. Chamber of Commerce is the world’s largest business federation, representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

About Fireman’s Contractors

Fireman’s Contractors, Inc. (OTCBB: FRCN.OB) (OTCQB: FRCN.OB) is a full-service contractor providing professional services for commercial and government clients. Services include Road Improvements, Pavement Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking, Asphalt Maintenance and Repair, and ADA Compliance.  Fireman’s Contractors has completed its FDD requirements with the Federal Trade Commission and has developed franchise territories across the U.S.  The company’s goal is to develop hundreds of new franchise locations in the next 24 to 48 months.  Fireman’s Contractors brings a professional value system delivering outstanding results through honorable customer relationships and repeat business. Local firefighters are supported by a portion of profits which are donated to local Firefighter Associations.  For additional information about Fireman’s Contractors, visit: www.FiremansContractors.com.

Founded by a Firefighter, Fireman’s Contractors — Contractors You Can Trust ®

For more information, contact:

Fireman’s Contractors, Inc.
2406 Gravel Road
Fort Worth, TX 76118
Phone: 800-475-1479
info@FiremansContractors.com

Public Relations Contact:
Danielle O’Neal
PR@FiremansContractors.com
Phone: 800-475-1479
Investor Relations Contact:
Geralyn Maher DeBusk
Halliburton Investor Relations
Gdebusk@HalliburtonIR.com
Phone: 972-458-8000

..

Tags: 2012 Free Enterprise Honorees, 2b2 franchise, Business Franchise, Firemans Contractors, frcn, FRCN.ob, otcbb: frcn, OTCQB: FRCN, U.S. Chamber
Posted in B2B franchise, Firemans Contractors (OCTBB: FRCN) (OTCQB: FRCN), Firemans Contractors Business Development, Firemans Contractors Franchise, Firemans PR, Firemans-Contractors.com, Franchise Opportunities, OTC: FRCN, U.S. Chamber of Commerce | 13 Comments »