The U.S. Treasury Department’s Internal Revenue Service today released a proposed rule and FAQs on provisions of the ABC-opposed Inflation Reduction Act, which will affect the developers, contractors and workers that are building clean energy projects eligible for more than $270 billion in federal tax credits. The Treasury’s Notice of Proposed Rulemaking, Increased Credit…
It would take 12 years for federal and state government-registered apprenticeship programs to educate the more than half a million workers the construction industry needs to hire in 2023, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction…
I was disappointed to read an opinion column written by Frank Mahoney, Communication Director for the Eastern Atlantic States Regional Council of Carpenters, spreading mistruths about the Associated Builders and Contractors of New Jersey (ABC-NJ) and the awards we bestow on legislators for representing the NJ construction industry. Unfortunately, this…
WASHINGTON, Nov. 7—Associated Builders and Contractors has submitted comments to the U.S. Department of Treasury and the Internal Revenue Service regarding implementation of tax credits for clean energy construction projects funded by the Inflation Reduction Act, contingent upon new controversial prevailing wage, apprenticeship and domestic content requirements. “The IRA’s unprecedented…
Join ABC-NJ for a conversation on Employee Retention Strategies. Director of Workforce Development and Apprenticeship Michael Wright will outline a blueprint to hire and retain quality employees through Career Path Development and discuss the role that apprenticeship might play in your employee retention strategy. This will be followed by a…
If you’re the parent of a recent high school grad, it may seem like everyone on your Facebook feed is sending their child to college this month. But if your kid isn’t shopping for new sheets or a mini fridge for his or her dorm room, don’t be discouraged. There…
Associated Builders and Contractors New Jersey Apprenticeship Education and Training Fund (ABC-NJ AETF) has been approved to offer an apprenticeship trade in RAPIDS code 0980-HY – Truck Driver, Heavy, by the United States Department of Labor (US-DOL). “This is the 7th apprenticeable trade we’ve added in 2022,” said Samantha DeAlmeida,…
By Samantha DeAlmeida Growing up, parents tell their little girls they can be anything they want to be and the future is limitless in terms of jobs and opportunities. Never before has this been more accurate, including choosing a career in the rewarding field of construction. When planning for their…
MT. LAUREL, NJ – May 5— As part of Associated Builders and Contractors, New Jersey member contractors contributed to investing $1.6 billion to provide more than 1.3 million course attendees with craft, leadership and safety education in 2021, according to ABC’s 2022 Workforce Development Survey. The annual assessment quantifies the…
ABC New Jersey is seeking candidates for apprenticeships and careers in skilled craft trades. Students approaching high school or college graduation, military veterans, second career seekers are welcomed to apply. ABC New Jersey is a membership organization that represents over 1,100 businesses many of whom are actively hiring across the…
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