Articulon News and Announcements

YMW Attorney Appointed to Board of NC American Society of Risk Managers

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RALEIGH, N.C. (December 4, 2012Yates, McLamb & Weyher, a Raleigh, North Carolina-based litigation firm, announces today that firm partner Jason Newton will serve a third term as treasurer of the North Carolina Chapter of the American Society of Hospital Risk Managers. Newton was first elected in 2008 for a two-year term, was re-elected in 2010 and again this year. NC ASHRM has more than 300 active members.

Newton is a graduate of the Wake Forest University School of Law. He focuses his practice on medical malpractice defense and medical board proceedings. A significant portion of his practice has been devoted to the defense of healthcare providers in catastrophic injury cases.

About Yates, McLamb & Weyher, L.L.P.: 
Formed in 1983, Yates, McLamb & Weyher represents civil litigation defendants in cases focusing on medical malpractice, professional and general liability, construction litigation, products liability, insurance coverage and auto negligence. Founding partners Dan J. McLamb and Barbara B. Weyher shared a vision and built a firm characterized by legal expertise and skill, tenacity in defense of their clients’ interests, and civility and professionalism in the practice of law. Today the firm has 30 lawyers.

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FMI Predicts Construction will Top $1 Trillion in 2014

Firm Releases Annual U.S. Markets Construction Overview

RALEIGH, N.C., (November 30, 2012) – FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its 2013 U.S. Markets Construction Overview. With construction-put-in-place at the end of 2012 expected to be between $826-$884 billion, researchers at FMI predict CPIP growth rates to be slightly ahead of GDP in 2013 and 2014. This would place the CPIP at more than $1 trillion by the end of 2014, nearly six percent of GDP.

Other predictions include:

  • Power CPIP will cross the $100 billion mark in 2013
  • Residential CPIP will be back to double-digit growth in 2013
  • Transportation and healthcare CPIP will reach record levels by 2013
  • Education CPIP will continue to rise achieving 2008 numbers by 2016

However, in 2013 commercial buildings, offices, manufacturing facilities, communications systems and lodging CPIP are expected to continue to underperform at an average of 60 percent of 2008 levels, off by more than $115 billion. By 2016 these sectors are predicted to only reach 70 percent of 2008 CPIP. In addition, excitement over the double-digit growth in residential construction is also balanced with the disappointment that by 2016 residential CPIP will still only be at 65 percent ($200 billion behind) the record high in 2006.

More than just an economic forecast, the 2013 U.S. Markets Construction Overview offers insight into some of the engineering and construction industry’s most complex business challenges. This year the overview includes a synopsis of the key trends and discussions of important issues facing nine of the non-residential construction sectors. Highlights include:

  • The uncertainty stemming from the two diverse approaches to economic recovery presented by the U.S. presidential candidates
  • How information technology is driving innovation in the energy services market
  • The challenge of recruiting, managing and retaining talent
  • Concerns over succession planning as industry leaders look toward retirement
  • The increasingly vital role of modularization and prefabrication

Private equity investors increased attraction to smaller deals. Half of all deals in 2012 are valued at less than $50 million and approximately 95% of deals are less than $500 million.

FMI publishes the U.S. Markets Construction Overview annually. To purchase a copy visit www.fminet.com/resources. Members of the media may request a complimentary PDF of the Overview by clicking here. For more information about FMI’s Overview, please contact Kelley Chisholm at 919.785.9215 or kchisholm@fminet.com.

In addition, each quarter FMI produces a Construction Outlook that supplements our U.S. Markets Construction Overview. If you would like to receive an electronic copy of the quarterly Construction Outlook, please email us at outlook@fminet.com.

About FMI
FMI is the largest provider of management consulting, investment banking and research to the engineering and construction industry. We work in all segments of the industry providing clients with value-added business solutions, including:

  • Strategic Advisory
  • Market Research and Business Development
  • Leadership and Talent Development
  • Project and Process Improvement
  • Mergers, Acquisitions and Financial Consulting
  • Compensation Data and Consulting
  • Risk Management Consulting

Founded by Dr. Emol A. Fails in 1953, FMI has professionals in offices across the U.S. FMI delivers innovative, customized solutions to contractors; construction materials producers, manufacturers and suppliers of building materials and equipment, owners and developers, engineers and architects, utilities, and construction industry trade associations. FMI is an advisor you can count on to build and maintain a successful business, from your leadership to your site managers. For more information, visit www.fminet.com.

FMI Design Index Moves Into the Black

Q3 Revenues for the Top 19 Publically Traded Design Firms Exceed $30.6 billion

RALEIGH, N.C. (November 29, 2012) – FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of its Third Quarter Engineering and Technical Professional Services Update. The Design Index has been slowly rising since April. As of September, the index is in the black. Gross revenues for the top 19 publically traded design firms exceeded $30.6 billion, with combined earnings before interest, taxes, depreciation and amortization topping $1.9 billion. Only one firm had a negative EBITDA, and only three reported negative income for Q3 2012. The median debt to cash ratio is positive at $282 million in debt to $398 million in cash. However, the mean ratio still lags, with debt exceeding cash at $726 million in debt compared to $630 in cash and short-term investments.

M&A activity continues at a steady pace, with 16 notable transaction July through September. However, Q3 has been somewhat slower than the first two quarters. Over the last few years, there appears to be a continuing trend toward architectural, engineering and construction firms coming together to become in effect AEC firms.

As part of the report, Steve Isaacs, P.E., consulting division manager for FMI, shares the first in a two part series of articles addressing “The Consilience of Design and Construction.” In addition, five notable C-suite executives share views about their companies and the future of the marketplace.

To download a copy of the full report, click here. For reprint permission or to schedule an interview with the author, please contact Sarah Vizard Avallone at 919.785.9221 orsavallone@fminet.com.

About FMI
FMI is the largest provider of management consulting, investment banking and research to the engineering and construction industry. We work in all segments of the industry providing clients with value-added business solutions, including:

  • Strategy Development
  • Market Research and Business Development
  • Leadership and Talent Development
  • Project and Process Improvement
  • Mergers, Acquisitions and Financial Consulting
  • Compensation Data and Consulting

 

Founded by Dr. Emol A. Fails in 1953, FMI has professionals in offices across the U.S. FMI delivers innovative, customized solutions to contractors; construction materials producers, manufacturers and suppliers of building materials and equipment, owners and developers, engineers and architects, utilities, and construction industry trade associations. FMI is an advisor you can count on to build and maintain a successful business, from your leadership to your site managers. For more information, visit www.fminet.com.

Access Control Consultants Receives International Recognition

GREENSBORO, N.C. (November 29, 2012) — Access Control Consultants, a leading provider of safety and security solutions for government, commercial, and industrial facilities across the Carolinas and Virginia, announced today its recognition as a Gold Partner in the Axis Channel Partner Program. The recognition by Axis Communications, the market leader in network video, was made at the 2012 Axis Channel Convergence Conference in Chicago, Ill.

“Thanks to partners like Access Control Consultants, education providers continue to adopt customized IP video surveillance solutions to ensure student and staff safety,” said Fredrik Nilsson, general manager, Axis Communications, Inc. “As a trusted network video and security expert throughout many districts, Access Control Consultants has helped bring network video technology to schools throughout the region. We are happy to recognize these accomplishments with this award.”

ACC received this honor for its commitment to the education market, which was demonstrated by its work on school projects this year throughout North Carolina. The firm is the primary provider of safety and security solutions for nearly one-quarter of North Carolina municipal and county school systems, as well as private education facilities, community colleges and state universities.

About Control Consultants:
Access Control Consultants is a licensed systems integration company providing access control and video security systems. Services include centralized monitoring and video analytics, network cabling, photo ID badging, video file storage and remote backup services.Since 1991, ACC has been at the forefront of emerging technologies to help monitor and protect government, corporate and personal assets. With centers of operation in Greensboro and Wilmington, ACC services clients across the Carolinas and Virginia. ACC is a strategic partner of Brady, a full service building controls and systems integration company. For more information, visit www.accesscontrolconsultants.com or call 800 849-2904.

About Axis Communications:
As the market leader in network video, Axis is leading the way to a safer, smarter, more secure world — driving the shift from analog to digital video surveillance. Offering network video solutions for professional installations, Axis’ products and solutions are based on an innovative, open technology platform. Axis has more than 1,000 dedicated employees in 40 locations around the world and cooperates with partners covering 179 countries. Founded in 1984, Axis is a Sweden-based IT company listed on NASDAQ OMX Stockholm under the ticker AXIS. For more information about Axis, please visit our website www.axis.com.

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From left to right:
Fredrik Nilsson, Axis Communications general manager
Larry Blumenfeld, Acccess Control Consultants, president
Larry Newman, Axis Communications vice president of sales

Bonnie Weyher Named a Woman of Justice

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RALEIGH, N.C. (November 26, 2012)  Yates, McLamb & Weyher, L.L.P. (www.ymwlaw.com), a Raleigh, North Carolina-based litigation firm, announces today that founding partner Bonnie Weyher has been recognized as one of the first North Carolina Women of Justice award recipients by North Carolina Lawyers Weekly. Sixteen attorneys, five district court judges, two law school professors and two law students were honored.

“Bonnie is an outstanding litigator, a staunch proponent for diversity and the ethical practice of law, as well as the driving force behind our firm’s success for nearly 30 years,” says Rod Pettey, partner at Yates, McLamb and Weyher. “This distinction is a testimony to how well regarded Bonnie is throughout the North Carolina legal community.”

A panel of independent judges reviewed a pool of nominees in eight categories. The selection of winners is based on the judges scoring each candidate on their core principles of leadership, professionalism, accomplishments and passion for making a difference.

In remarks Thursday evening, Liz Irwin, publisher of North Carolina Lawyers Weekly said, “When we sought nominations for the recognition, we looked to honor those who have moved the needle in the North Carolina judicial community. We looked for women who hold positions of strength, who lead firms boldly, who wear their battle scars proudly, who serve the underprivileged, who aspire to a new future or who teach those who will become the next generation of lawyers.”

In addition to recognition at the banquet, each winner is featured in a special section of the November 16, 2012 edition of the North Carolina Lawyers Weekly. The awards dinner was held at the Raleigh Marriott City Center on November 15, 2012. More than 200 legal professional and their families attended the festivities.

About Barbara B. (Bonnie) Weyher:
Weyher, a defense lawyer and certified Superior Court Mediator, has more than 35 years of experience practicing law. She focuses her practice on professional liability and insurance coverage. Weyher has served in multiple leadership roles with the North Carolina State Bar including that of president during 2009-2010. She currently serves as a member of the Disciplinary Hearing Commission of the North Carolina State Bar. A graduate with honors from the University of North Carolina School of Law, Weyher is consistently recognized by her peers for excellence including an AV preeminent® rating of 5.0/5.0 with Martindale-Hubbell®, listing as a Super Lawyer®, Best Lawyer in America® and Top 50 Women Attorneys in North Carolina since 2008.

About Yates, McLamb & Weyher, L.L.P.:
Formed in 1983, Yates, McLamb & Weyher represents civil litigation defendants in cases focusing on medical malpractice, professional and general liability, construction litigation, products liability, insurance coverage and auto negligence. Founding partners Dan J. McLamb and Barbara B. Weyher shared a vision and built a firm characterized by legal expertise and skill, tenacity in defense of their clients’ interests, and civility and professionalism in the practice of law. Today the firm has 30 lawyers.

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