Beacon Buys Chicago Metal Supply & Fabrication

In a news release yesterday, Beacon announced that it had completed the acquisition of Chicago Metal Supply & Fabrication, Inc., located in the city’s Hanson Park neighborhood about 10 miles northwest of The Loop. Founded in 2011, Chicago Metal Supply is a family-owned business specializing in custom architectural sheet metal fabrication. Beacon described the firm

New Federal ‘Prompt Payment’ Legislation Aims to Get Construction Workers Paid Faster

Public Service and Procurement Canada, the government’s media relations department, published yesterday that Minister of Public Services and Procurement Jean-Yves Duclos announced new federal prompt payment legislation that came into effect on Dec. 9. The legislation addresses long-standing construction industry concerns, the minister’s office said, including the timeliness of payments, protecting vital construction jobs and