Friday, 21 March 2014
McGraw-Hill Construction Announces Dodge BuildShare—an Advanced Analytics Platform That Connects AEC Professionals to the Firms Behind the Projects, Delivering Unprecedented "Relationship IQ"
Tuesday, 4 March 2014
Green Building Accelerates Globally through Economic Downturn, According to New McGraw-Hill Construction Study
Press Release
Green Building Accelerates Globally through Economic Downturn, According to New McGraw-Hill Construction Study
November 13, 2012 - New York, NY
Around the world, the green building marketplace is accelerating, according to a new study being released by McGraw-Hill Construction in partnership with United Technologies today at the Greenbuild International Conference and Expo in San Francisco.
The study indicates a shift in the global construction market, now viewing green as a business opportunity rather than a niche market. Overwhelmingly, firms report that their top reasons to do green work are client demand (35 percent) and market demand (33 percent)—two key business drivers of strategic planning. The next top reasons were also oriented toward the corporate bottom line—lower operating costs (30 percent) and branding advantage (30 percent). In contrast, the top reason in 2008 motivating the green building market was doing the right thing (42 percent) and market transformation (35 percent), followed by client and market demand.
"This research confirms that green building advances environmental stewardship while providing value to the market," said Geraud Darnis, president and CEO, United Technologies Climate, Controls & Security. "It also confirms that we now see more pull than push for green buildings."
In the next three years, the sectors with the largest opportunity for green building around the world include new construction and renovation projects. Sixty three percent of firms have green work planned in new commercial projects and 45 percent in new institutional projects by 2015, and 50 percent have plans for green renovation work. In the United Kingdom and Singapore, green renovation projects were planned by the greatest number of firms at 65 and 69 percent respectively. In Brazil and UAE, new projects pose the largest opportunity. In Brazil, 83 percent of firms are planning to work on new green commercial projects over the next three years, and in the UAE, 73 percent have new green institutional projects planned.
"It is notable that over the next three years, firms working in countries around the world have green work planned across all building types, incorporating both new construction and renovation," said Harvey M. Bernstein, vice president, Industry Insights and Alliances for McGraw-Hill Construction. "The existing building market is a ripe opportunity for green building, and we are seeing that play out in the market. It is clear that green is becoming an important part of the future landscape of the global construction marketplace, and firms will need to be prepared for that transition."
Green buildings are also expected to garner business benefits for building owners. For new green building projects, firms report median operating cost savings of 8 percent over one year and 15 percent over five years, as well as increased building values of 7 percent (according to design and construction firms) and higher asset valuation of 5 percent (according to building owners).
For green retrofits, operating savings are higher than for new buildings with operating costs reported to decrease by 9 percent over one year and 13 percent over five years. Asset valuation is also expected to increase, though at more moderate levels than for new green buildings—design and construction professionals expect 5 percent increased building value from green retrofits, and owners expect higher asset valuation of 4 percent. For green projects, payback on efforts is expected within 8 years for new projects and 7 years for retrofit/renovation work.
Other significant findings include:"We’ve been on the ground watching the markets shift to green around the world. Today, there are green building councils in 92 countries around the world—more than double what it was when we first looked at the green building market globally in 2008," said Jane Henley, president of the World Green Building Council. "The business case is helping move the markets, and this study underscores the importance of measuring and reporting those benefits."
"This study validates what we’ve experienced the past couple of years — that the business community has fully embraced green building as a strategic business imperative that also happens to have a strong societal benefit. We see this as a success of LEED and all the rating systems that have helped drive green building movement globally," said Rick Fedrizzi, president, CEO and founding chair, U.S. Green Building Council.
The study also revealed that approximately 48 percent of the work by U.S. respondents was green—with that share expected to increase to 58 percent by 2015. These results are consistent with McGraw-Hill Construction’s 2013 Dodge Green Construction Outlook that sized the green building share of new construction starts in the U.S. to be 44 percent by value, and up to 55 percent by 2015.
The findings are drawn from a McGraw-Hill Construction survey of firms across 62 countries around the world. Firms include architects, engineers, contractors, consultants and building owners. The sample was drawn from firm members of the World Green Building Council in 62 countries, other global industry associations, and the ENR Top Lists. Of the respondents, 92 percent are members of Green Building Councils around the world. The results include a feature of 9 countries around the world with sufficient sample for statistical analysis. The study expands and contrasts against McGraw-Hill Construction’s 2008 Global Green SmartMarket Report study. Given the survey sample source, McGraw-Hill Construction compared the sample against a non-GBC member audience, which was comparable in terms of involvement in green and planned activity. Further, the U.S. sample was consistent with McGraw-Hill Construction’s extensive analysis of the U.S. construction market through its Dodge project data.
The study was produced in partnership with United Technologies with support from the World Green Building Council and the U.S. Green Building Council. Other research association partners include the Chartered Institute of Buildings, International Federation of Consulting Engineers (Fédération Internationale Des Ingénieurs-Conseils), Association for Consultancy and Engineering, Conseil International du Bâtiment (International Council for Building), Architect’s Council of Europe, and the Royal Institution of Chartered Surveyors. A separate survey of global manufacturing firms was also conducted.
The results of the study will be presented today in San Francisco at the International Summit at the Greenbuild Conference and Expo at the Moscone Center—West Building, with remarks by Geraud Darnis, president & CEO United Technologies Climate, Controls & Security at noon pacific time and presentation by Harvey Bernstein at 4:15 p.m. pacific time. The study will also be discussed at a panel from 11:00 to 11:30 a.m. pacific time on Wednesday, Nov. 14, at the McGraw-Hill Construction Booth #3539 in the Moscone Center—North Building Exhibit Hall. The panel will feature executives from McGraw-Hill Construction, United Technologies Climate, Controls & Security, World Green Building Council and U.S. Green Building Council.
For more key findings from the 2012 World Green Buildings Study, visit http://bit.ly/ZD4zz5. The full report containing these and other study results will be published as part of McGraw-Hill Construction’s SmartMarket Report series, with global release anticipated in the first quarter of 2013.
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About McGraw-Hill Construction:
McGraw-Hill Construction’s data, analytics, and media businesses—Dodge, Sweets, Architectural Record, GreenSource, and Engineering News-Record— create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw-Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics. To learn more, visit www.construction.com.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, J.D. Power and Associates and Platts, a leader in commodities information. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
About United Technologies:
United Technologies Corp., based in Hartford, Connecticut, is a diversified company providing high technology products and services to the building and aerospace industries.
Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com
New Construction Starts to Rise 2% in 2012, Says McGraw-Hill Construction's Outlook Midyear Update
Press Release
New Construction Starts to Rise 2% in 2012, Says McGraw-Hill Construction's Outlook Midyear Update
Forecast shows improvement in housing, with modest gains for commercial building, but institutional building and public works continue to weaken
June 27, 2012 - New York, NY
McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today released its 2012 Dodge Construction Outlook Midyear Update projections, which revise the forecasts provided last October at the firm's annual Outlook Conference in Washington DC. The Outlook Midyear Update predicts that total construction starts for the U.S. will increase 2% this year to $445 billion, up from the $434 billion reported for 2011. While slightly better than the flat performance for 2012 construction starts predicted last fall, the updated forecast still portrays an industry struggling to gain upward momentum.
"The construction industry has yet to move from a hesitant up-and-down pattern to more sustained expansion," stated Robert A. Murray, Vice President of Economic Affairs for McGraw-Hill Construction. "After plunging 23% in 2009, new construction starts edged up only 1% in 2010 and were unchanged in 2011, so the modest 2% increase predicted for 2012 is really more of the same. The backdrop for the construction industry remains the fragile U.S. economy, which continues to see slow employment growth, diminished funding from federal and state governments, and the uncertainty related to the U.S. fiscal stalemate and the European debt crisis. On the plus side, energy costs are now receding, interest rates are very low, and lending standards are beginning to ease for commercial real estate development." Given these divergent factors, the construction market this year continues to see a mix of pluses and minuses by major sector, as follows:
Copies of the report will be available on June 28th at http://analyticsstore.construction.com/index.php.
Additional reports and projections are available from McGraw-Hill Construction Research and Analytics, http://construction.com/market_research.
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About McGraw-Hill Construction:
McGraw-Hill Construction connects people, projects, and products across the construction industry. For more than a century, it has remained North America's leading provider of project and product information, plans and specifications, and industry news, trends, and forecasts. McGraw-Hill Construction serves more than one million customers in the global construction industry through Dodge, Sweets, Architectural Record, Engineering News-Record, GreenSource, and SNAP. To learn more, visit www.construction.com or follow @mhconstruction on Twitter.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011 its intention to separate into two public companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services, and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com
Quality and Value Driving Growth in the Green Building Market—According to New McGraw-Hill Construction SmartMarket Report on Green Homes and Remodeling
McGraw-Hill Construction Debuts the Dodge Momentum Index
Press Release
McGraw-Hill Construction Debuts the Dodge Momentum Index
The Dodge Momentum Index introduces a 12-month leading indicator for construction spending for nonresidential buildings
First-of-its-kind index points to stronger growth for nonresidential building in upcoming months, and continuing into 2013
May 17, 2012 - New York, NY
McGraw-Hill Construction (http://www.construction.com/) today launched the Dodge Momentum Index, a 12-month leading indicator of construction spending for nonresidential building. Based on a 91% correlation between construction planning reports, as reported by Dodge, and the Commerce Department’s Put in Place spending over the past 10 years, the index is an early and accurate leading indicator of future construction spending. It will prove useful to building product manufacturers, AEC firms, construction industry professionals, economists and Wall Street analysts. The index will be issued monthly.
The predictive accuracy of the index is derived from the source of data that feeds it: the proprietary Dodge database of first-issued construction planning reports. Dodge is the sole private provider of construction starts and project data analysis to the U.S. Census Bureau, supporting the federal government’s monthly estimate of construction spending, a key input for the nation’s Gross Domestic Product (GDP). One-third of projects in the Dodge database are in the planning stage-the projects that feed the new Dodge Momentum Index.
"The strength of the new Dodge Momentum Index is that it’s based on proprietary planning data from Dodge’s national network of reporters. These are individual, real-life projects, many of which will become construction starts down the road and generate construction spending dollars," said Kate Cassino, VP Product Development for McGraw-Hill Construction. "We have the benefit of using our world-renowned Dodge project information to create a highly accurate index, rather than relying on survey-based data."
In designing the new Dodge Momentum Index, McGraw-Hill examined more than a decade of monthly planning data (from January 2002 to February 2012) which produced an exceptionally strong correlation of 91% with the Commerce Department’s nonresidential building construction put in place spending. Importantly, the analysis shows that changes in the Dodge nonresidential new planning data leads changes in Commerce spending put in place by twelve months.

Since reaching bottom in July 2011 at a level of 77.1 (2000=100), the index has trended up in all but two months. In April 2012, the Dodge Momentum Index climbed 1.0 points from the previous month to reach a level of 94.7. According to Robert Murray, Vice President of Economic Affairs for McGraw-Hill Construction, "The relatively steady movement upward since the middle of last year suggests that construction spending put in place for nonresidential buildings should begin to move in a more consistently positive direction during the second half of 2012. This is good news for an industry that has been strongly hit by declines since the 2009 recession."
The strong relationship established between the Dodge Momentum Index and construction spending, with its full year of lead time, means that the index is likely to prove extremely valuable to construction industry professionals, as well as economists and Wall Street analysts. For McGraw-Hill Construction’s customers, the index serves as an excellent full year leading indicator of future construction spending and demand for construction products and services. For economists, it’s an accurate leading indicator of construction spending when assessing longer term outlooks and the health of the construction industry against the broader economy. For Wall Street analysts, the index provides directional information that acts as a variable to help underscore their predictive models, and health of the sector.
"The Dodge data provides daily opportunity for discovery and inspiration for new ideas and new offerings to help our customers plan ahead smartly and succeed," said Keith Fox, President, McGraw-Hill Construction. "The Dodge Momentum Index joins the ranks of Dodge BuildShare and Dodge SpecShare, our latest intelligence offerings that provide building product manufacturers and AEC professionals with trends, forecasts, competitive intelligence, and deep relationship building tools. The Dodge Momentum Index is also a new source of credible analysis for economists and analysts who need to measure markets."
Additional details are available for the overall commercial and institutional sectors, and the sub-sectors of office buildings, retail and warehouse buildings, and education buildings.
For more information, download the Dodge Momentum Index white paper http://construction.com/download/Dodge_Momentum_Index_WhitePaper.pdf
About McGraw-Hill Construction:
McGraw-Hill Construction’s data, analytics, and media businesses—Dodge, Sweets, Architectural Record, and Engineering News-Record— create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw-Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics, including Dodge BuildShare and Dodge SpecShare. To learn more, visit www.construction.com.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011, its intention to separate into two public companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
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Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com
Schools & Universities Report Health & Productivity Benefits from Green School Efforts, According to New McGraw-Hill Construction SmartMarket Report
Press Release
Schools & Universities Report Health & Productivity Benefits from Green School Efforts, According to New McGraw-Hill Construction SmartMarket Report
NEW YORK – February 27, 2013 – According to a new report released today by McGraw-Hill Construction entitled New & Retrofit Green Schools-The Cost Benefits and Influence of a Green School on its Occupants, both K-12 and universities are reporting significant benefits from their green school efforts—both in improved child health, wellbeing and performance, but also teacher and faculty satisfaction. These results are accompanied by reported financial benefits from green school activities.
According to the study, nearly all K–12 school (91%) and university (89%) respondents report that green schools have improved the health and well-being of their students. Additionally, 70% of K –12 schools and 63% of university leaders report green efforts as raising test scores of their students.
Leaders also report other benefits from their green schools efforts:
McGraw-Hill Construction's Dodge Green Construction Outlook, drawn from proprietary project data reported in November that 54% of education construction was green in 2012—up from 30% in 2008, and it is expected to grow, which reinforces the importance of this study and the benefits green buildings can offer.The report also includes opinions from the design and construction community, and reports form their clients mirror the results from the schools and universities directly. 85% of architects report a positive impact on health and well-being from their green school projects, and 85% of them are reflecting student mobility and health concerns into the design of their buildings.
The study was produced with the support of the U.S. Green Building Council Center for Green Schools, Lutron, Project Frog and Siemens. Survey and data partners included the Council of Educational Facility Planners International, The American Institute of Architects, Associated General Contractors of America, Green Schools National Network, National Association of Independent Schools, National Building Museum, Society for Colleges and University Planning, and Second Nature.
This report is being released with the opening of the new Green Schools exhibition at the National Building Museum (www.nbm.org). A press preview of the exhibition is scheduled for Thursday, February 28, 2013 from 10 am to noon at the Museum in Washington, DC.
To download the full New and Retrofit Green Schools SmartMarket Report, go to http://analyticsstore.construction.com/index.php/new-and-retrofit-green-schools-smartmarket-report-2013.html
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About McGraw-Hill Construction: McGraw-Hill Construction's data, analytics, and media businesses—Dodge, Sweets, Architectural Record, GreenSource, and Engineering News-Record— create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw-Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics. To learn more, visit www.construction.com.
About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, J.D. Power and Associates and Platts, a leader in commodities information. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
McGraw-Hill Construction Dodge to Expand Project Coverage to Global Markets
Press Release
McGraw-Hill Construction Dodge to Expand Project Coverage to Global Markets
Deep Relationships With the Most Active and Influential Global Architects Deliver Competitive Edge for Dodge Customers
McGraw-Hill Construction, part of The McGraw-Hill Companies, today announced it is expanding its construction coverage to global markets through its proprietary Dodge Network. The expansion will provide Dodge customers with access to projects valued in the trillions of dollars around the globe. In addition, the company has expanded its coverage of Canadian construction projects by adding the availability of plans and specifications.
"McGraw-Hill Construction is in a unique position to help our customers grow their business on the international stage. Our deep, personal relationships with the world's most active and influential architects provide a competitive advantage in evaluating international construction projects early in the design process. This in turn helps our customers develop productive relationships in lucrative growth markets," said Keith Fox, President, McGraw-Hill Construction.
International project data is collected by Dodge reporters located in 80+ major metropolitan areas. The Dodge reporters call on more than 35,000 sources each year and cover an additional 150,000 sources. Dodge's database of projects exceeds 500,000 each year, with more than 5,500 daily updates and 65,000 digitized plans and specs.
"Dodge is offering a consistent approach to projects from many regions around the globe, including those in the Middle East, Asia, and Latin America," said Mr. Fox. With two-thirds of international projects in the planning stage of construction, and 94% of the architectural firms designing these projects on McGraw-Hill Construction ENR's well-respected Top 500 Design Firms, we are able to offer unmatched information and insight to help our customers grow their pipeline."
Dodge's international project coverage will be available through its web-based Dodge Network, as well as through tablets. The Dodge Network's newly enhanced platform now offers advanced search functionality and intuitive dashboards that enable customers to view their most important data and benchmarks at a glance.
"McGraw-Hill Construction is the epicenter of construction information in the U.S., and we are bringing the same rigor to our international expansion. Though international markets are struggling through economic uncertainty, there is still a significant amount of building going on, and we are excited to bring these new opportunities to our customers," added Mr. Fox.
Dodge's international project coverage, currently in beta, will go live in the fourth quarter of this year. For more information, visit http://www.construction.com/.
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About McGraw-Hill Construction:
McGraw-Hill Construction's data, analytics, and media businesses—Dodge, Sweets, Architectural Record, and Engineering News-Record— create opportunities for owners, architects, engineers, contractors, building product manufacturers, and distributors to strengthen their market position, size their markets, prioritize prospects, and target and build relationships that will win more business. McGraw-Hill Construction serves more than one million customers through its trends and forecasts, industry news, and leading platform of construction data, benchmarks, and analytics, including Dodge BuildShare and Dodge SpecShare. To learn more, visit www.construction.com.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com
McGraw-Hill Construction's Laura Viscusi Honored at min's "Sales Executive of the Year" Awards
Press Release
McGraw-Hill Construction's Laura Viscusi Honored at min's "Sales Executive of the Year" Awards
June 28, 2012 - New York, NY
McGraw-Hill Construction, part of The McGraw-Hill Companies (NYSE: MHP), today announced that Laura Viscusi, Vice-President Integrated Media for McGraw-Hill Construction, and Publisher, Architectural Record, has won min's "Sales Executive of the Year" Award in the Sales Team Leader, Single Title, B2B category. The award ceremony took place at the Marriott Marquis in New York City. The event honors the most successful and innovative sales professionals in magazine media.
"I'm thrilled about this award and honored to be recognized among such a distinguished field of industry professionals," said Viscusi. "It takes an environment of support, vision and trust to help us ensure our customers' success in this rapidly evolving marketplace. I'm happy to say we have that environment at McGraw-Hill Construction."
In announcing Viscusi's award, presenters noted that Laura knows the importance of staying adaptable and connected to her audience, advertisers and sales team. Her commitment to excellence and inclusiveness, coupled with her natural creative talents have served her and her company well. She has increased business across all three of the publications for which she has sales responsibility, including Architectural Record, GreenSource, and SNAP, with Architectural Record continuing to drive the highest volume of new customers in its competitive set.
"We celebrate Laura's success and congratulate her on this award. Her tenacity for achievement and enthusiasm for the customers and industry she serves is well-known to all who call her a friend, mentor, colleague or competitor," said Keith Fox, president of McGraw-Hill Construction. "She has strengthened Architectural Record's leading position and market share by marrying our reach and engagement with innovative programs that work for architects and for our customers. Like our media brands, she delivers."
The Sales Team Leader of the Year Award is the latest in a string of awards for Architectural Record and its staff. In 2012, the magazine and website have received BtoB's Media Power 50 award, the Grand Neal Award, ABM's top Neal Award for overall excellence, and awards for the Best Use of Social Media, Best Integrated Package for "New York: The Death and Life of a Great American City," and Best Single Issue of a Magazine for its September 2011 issue about 9/11, Ten Years Later. Record's recent launch of its new Continuing Education app is seeing thousands of downloads, and it has surpassed 320,000 followers on Twitter.
For more information, visit http://construction.com/.
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About McGraw-Hill Construction:
McGraw-Hill Construction connects people, projects, and products across the construction industry. For more than a century, it has remained North America's leading provider of project and product information, plans and specifications, and industry news, trends, and forecasts. McGraw-Hill Construction serves more than one million customers in the global construction industry through Dodge, Sweets, Architectural Record, Engineering News-Record, GreenSource, and SNAP. To learn more, visit www.construction.com or follow @mhconstruction on Twitter.
About The McGraw-Hill Companies:
McGraw-Hill announced on September 12, 2011 its intention to separate into two public companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services, and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
Media Contact:
Kathy Malangone, Senior Director, Marketing Communications,
McGraw-Hill Construction, +1 212-904-4376, kathy_malangone@mcgraw-hill.com