Thomas Madigan, chair of Buchanan’s Construction Group, was quoted about trends in the construction industry and the plans to grow a full-service construction group at the firm.
Madigan, of Buchanan Ingersoll, said the construction industry has benefited from an improved economic and low-interest-rate environment recently, but the credit market has been tight. However, he said, with talk of deregulation, credit might loosen up, further boosting the industry. Additionally, he said, with the new presidential administration's promises of infrastructure investment, industry observers are anticipating more construction.
Still, "there's a lot of unanswered questions," Madigan noted. "The infrastructure plans haven't taken shape yet."
Read more in The Legal Intelligencer’s “Predicting Boom, Pa. Firms Build Up Constructions Practices.” (subscription required)