CMD Secures $4M in New Contracts
1847 Holdings' subsidiary, CMD, secured over $4 million in new contracts, expanding its project pipeline for the first half of 2026 to $17.4 million. The company also reported its active bid pipeline has exceeded $160 million, the largest in its history, with projects spanning the multifamily, tract home, custom home, and commercial segments.
- The construction industry in the U.S. is projected to grow at an average annual rate of 1.9% from 2026 to 2029. Key growth drivers include investments in data centers, transport infrastructure, and advanced manufacturing. - For business majors, transferable skills that are highly valued in construction management include communication, team leadership, problem-solving, time management, and adaptability. Highlighting experience in budgeting, scheduling, and project coordination can also be advantageous. - Entry-level positions for individuals with a business background often include roles like Project Engineer, Assistant Project Manager, or Project Coordinator. These roles provide foundational experience in the field, with entry-level salaries for Project Engineers averaging around $70,000, and up to $93,000 for some Project Engineer positions. - The largest general contractor in the United States by revenue is Turner Construction Co., which generated $20.2 billion in 2024. Other major companies in the sector include Bechtel, Kiewit Corp., and The Whiting-Turner Contracting Co. - Key trends shaping the construction industry in 2026 include the increased adoption of technology like virtual design and construction (VDC), a focus on sustainable building practices, and the growth of modular and prefabricated construction methods. - In B2B industrial sales, a successful strategy involves identifying specific target markets and understanding their unique business challenges. For instance, in the second quarter of a fiscal year, many manufacturing clients are focused on cost-saving measures, creating an opportunity to pitch products or services that improve efficiency. - When interviewing for construction management roles without direct experience, it is important to be transparent about your background while emphasizing your strengths and transferable skills. Focus on demonstrating a strong work ethic, a willingness to learn, and any leadership experience, even if it's from non-construction settings like coaching a sports team. - A bachelor's degree in business is often a sufficient educational background for entry-level construction management roles. While not always required for initial positions, pursuing certifications like the Project Management Professional (PMP) can significantly strengthen a resume.
