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AG 2011 10 17
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AG 2011 10 17
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Last modified
10/24/2011 4:12:49 PM
Creation date
11/27/2017 11:18:57 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
10/17/2011
Board
Board of Commissioners
Meeting Type
Regular
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CABARRUS <br />ECONOMIC DEVELOPMENT <br />Construction — NAICS 23 (cont.) <br />Construction <br />Total Emp in Cabarrus, NC <br />5000 <br />4000 <br />3000 <br />2000 <br />1000 <br />Construction <br />% of Total Emp in Cabarrus, NC <br />4694 — 11 8.0000 <br />7.0000 <br />3065 6.0000 <br />5.0000 <br />4.0000 <br />3.0000 <br />2.0000 <br />1.0000 <br />0.0000 <br />1.9253 <br />401998 4Q2002 4Q2006 4Q2010 11 401998 4Q2002 4Q2006 4Q2010 <br />35 <br />Establishments primarily engaged in activities to produce a specific component (e.g., masonry, painting, <br />and electrical work) of a construction project are commonly known as specialty trade contractors. <br />Activities of specialty trade contractors are usually subcontracted from other construction establishments <br />but, especially in remodeling and repair construction, the work may be done directly for the owner of the <br />property. <br />Establishments primarily engaged in activities to construct buildings to be sold on sites that they own are <br />known as operative builders, but also may be known as speculative builders or merchant builders. <br />Operative builders produce buildings in a manner similar to general contractors, but their production <br />processes also include site acquisition and securing of financial backing. Operative builders are most <br />often associated with the construction of residential buildings. Like general contractors, they may <br />subcontract all or part of the actual construction work on their buildings. <br />There are substantial differences in the types of equipment, work force skills, and other inputs required by <br />establishments in this sector. To highlight these differences and variations in the underlying production <br />functions, this sector is divided into three subsectors. <br />Subsector 236, Construction of Buildings, comprises establishments of the general contractor type and <br />operative builders involved in the construction of buildings. Subsector 237, Heavy and Civil Engineering <br />Construction, comprises establishments involved in the construction of engineering projects. Subsector <br />238, Specialty Trade Contractors, comprises establishments engaged in specialty trade activities <br />generally needed in the construction of all types of buildings. <br />Force account construction is construction work performed by an enterprise primarily engaged in some <br />business other than construction for its own account and use, using employees of the enterprise. This <br />activity is not included in the construction sector unless the construction work performed is the primary <br />activity of a separate establishment of the enterprise. The installation and the ongoing repair and <br />maintenance of telecommunications and utility networks are excluded from construction when the <br />establishments performing the work are not independent contractors. Although a growing proportion of <br />this work is subcontracted to independent contractors in the Construction Sector, the operating units of <br />telecommunications and utility companies performing this work are included with the telecommunications <br />or utility activities. <br />INTERNATIONALECONOA C <br />DEVELOPMENT COUNCIL <br />Cabarrus Economic Development 3003 Dale Earnhardt Boulevard, Kannapolis, NC 28083 USA <br />704.782.4000 1 CabarrusEDC.com I Face Book.com /CabarrusEDC I Twitter.com /CabarrusEDC Altaa <br />1 -1 Page 481 <br />
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