Engineering News-Record

Last updated
Engineering News-Record
ENR magazine logo.jpg
Editor-in-ChiefJanice L. Tuchman
Frequencyweekly
Total circulation
(2015)
62,285 [1] [2]
First issueApril 5, 1917
CompanyBNP Media II LLC
CountryUSA
Based in Manhattan, New York City
Website enr.com
ISSN 0891-9526

Engineering News-Record (widely known as ENR) is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications. It is owned by BNP Media.

A magazine is a publication, usually a periodical publication, which is printed or electronically published. Magazines are generally published on a regular schedule and contain a variety of content. They are generally financed by advertising, by a purchase price, by prepaid subscriptions, or a combination of the three.

Construction Process of the building or assembling of a building or infrastructure

Construction is the process of constructing a building or infrastructure. Construction differs from manufacturing in that manufacturing typically involves mass production of similar items without a designated purchaser, while construction typically takes place on location for a known client. Construction as an industry comprises six to nine percent of the gross domestic product of developed countries. Construction starts with planning, design, and financing; it continues until the project is built and ready for use.

Contents

The magazine's subscribers include contractors, project owners, engineers, architects, public works officials and industry suppliers. It covers the design and construction of high-rise buildings, stadiums, airports, long-span bridges, dams, tunnels, power plants, industrial plants, water and wastewater projects, and toxic waste cleanup projects. It also covers the construction industry's financial, legal, regulatory, safety, environmental, management, corporate and labor issues.

A general contractor, main contractor or prime contractor is responsible for the day-to-day oversight of a construction site, management of vendors and trades, and the communication of information to all involved parties throughout the course of a building project.

Engineer Professional practitioner of engineering and its sub classes

Engineers, as practitioners of engineering, are professionals who invent, design, analyze, build, and test machines, systems, structures and materials to fulfill objectives and requirements while considering the limitations imposed by practicality, regulation, safety, and cost. The word engineer is derived from the Latin words ingeniare and ingenium ("cleverness"). The foundational qualifications of an engineer typically include a four-year bachelor's degree in an engineering discipline, or in some jurisdictions, a master's degree in an engineering discipline plus four to six years of peer-reviewed professional practice and passage of engineering board examinations.

Architect person trained to plan and design buildings, and oversee their construction

An architect is a person who plans, designs and reviews the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, architect derives from the Latin architectus, which derives from the Greek, i.e., chief builder.

ENR annually ranks the largest contractors and design firms in the U.S. and internationally. Its "construction economics" section covers the cost fluctuations of a wide range of building materials.

Building material material which is used for construction purposes

Building material is any material which is used for construction purposes. Many naturally occurring substances, such as clay, rocks, sand, and wood, even twigs and leaves, have been used to construct buildings. Apart from naturally occurring materials, many man-made products are in use, some more and some less synthetic. The manufacturing of building materials is an established industry in many countries and the use of these materials is typically segmented into specific specialty trades, such as carpentry, insulation, plumbing, and roofing work. They provide the make-up of habitats and structures including homes.

History

ENR traces its roots to two publications. The older magazine was first published as The Engineer and Surveyor in 1874. This publication was later renamed The Engineer, Architect and Surveyor, then Engineering News and American Railway Journal and eventually Engineering News. The second publication was first known as The Plumber and Sanitary Engineer. It was later renamed The Sanitary Engineer, then Engineering and Building Record, and finally Engineering Record. In 1917, Engineering News and Engineering Record merged to become the magazine that is published today, Engineering News-Record with E.J. Mehren as its editor until 1924. [3]

Since the merger of the two magazines into ENR, the publication is recognized as the leading engineering and construction news magazine. Unlike its competitors, ENR is a weekly paid circulation magazine. Most of its competitors are monthlies that are primarily distributed free to qualified subscribers. The magazine has been described as iconic in the trade magazine industry. [1]

A trade magazine, also called a trade journal, or trade paper, is a magazine or newspaper whose target audience is people who work in a particular trade or industry. The collective term for this area of publishing is the trade press.

Ownership

The Engineer and Surveyor was founded by George H. Frost, who sold the successor journal, Engineering News, to the John Alexander Hill and the Hill Publishing Company in 1911. The Plumber and Sanitary Engineer was founded by Henry C. Meyer, who sold the successor Engineering Record to James H. McGraw and the McGraw Publishing Company. In 1917, following the death of Hill, McGraw merged the two companies to form McGraw-Hill Publishing. [4] The successor parent company is McGraw Hill Financial.

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, and S&P Global Platts, and is the majority owner of the S&P Dow Jones Indices joint venture.

On September 22, 2014, McGraw-Hill divested the subsidiary McGraw-Hill Construction to Symphony Technology Group for US$320 million. [5] The sale included Engineering News-Record, Architectural Record , Dodge and Sweet's. [6] McGraw-Hill Construction has been renamed Dodge Data & Analytics. [7]

On July 1, 2015, the magazine was sold to BNP Media, along with Architectural Record and SNAP (a bi-monthly print product associated with Sweet’s). [1] [8]

ENR rankings

Engineering News-Record compiles and publishes rankings of the largest construction and engineering firms annually, measured by gross revenues.

The rankings include the largest 400 U.S. general contractors, the largest 500 U.S. design firms (architectural and engineering firms), the largest 600 U.S. specialty contractors, the largest 100 construction management firms, the largest 100 design-build firms, the largest 200 environmental engineering firms, the largest 40 program management firms, the largest 200 international design firms, and the largest 250 international contractors, based on general construction contracting export revenue—generated from projects outside each firm's respective home country, and the largest 250 Global Contractors, both publicly and privately held, based on total construction contracting revenue regardless of where the projects were located. Since well over 90 percent of these firms are privately owned, most of the financial breakouts contained in these ranking tables are not available elsewhere.

ENR Award of Excellence

The editors of Engineering News-Record collectively decide each year to recognize 25 individuals who they feel have served the best interests of the construction industry and the public. To be eligible, a person, or the project they worked on, must have been covered in the pages of the magazine or the magazine's website. No outside nominations are allowed. The 25 award recipients, called "Newsmakers", receive brief write-ups in the first issue in January.

After choosing the 25 Newsmakers, the editors then pick the single Newsmaker they feel has made the most significant contribution during the year, and designate that person to receive the ENR Award of Excellence. The Newsmakers and the Award of Excellence recipient are all recognized at a black-tie gala held each year in New York City in March or April, considered to be the premier event for the engineering and construction industry. [9]

The Newsmaker awards, which were originally called Marksmen awards, have been issued annually since 1964. The Award of Excellence, originally called the Man of the Year award, has been issued annually since 1966. Award of Excellence recipients include Robert Boyd, who brought engineering and managing excellence to Hydro-Québec's $15-billion James Bay Project, Fazlur Khan, avant-garde designer of tall buildings, and Vinton Bacon, whose fearless fight against graft in the Metropolitan Water Reclamation District of Greater Chicago brought an attempt on his life.

ENR's economic data

Engineering News-Record, as a service to its readers, compiles and publishes an extensive amount of data on building material prices and construction labor costs. Each month it publishes prices for 67 different building materials, in each of 20 major U.S. cities. The first weekly issue each month contains a table of cement, ready-mix concrete, and aggregate (crushed stone) prices, the second weekly issue contains a table of pipe prices, the third issue contains lumber, plywood, drywall, and insulation prices, and the fourth issue contains steel and other metal product prices.

A small amount of this data is then used to calculate two monthly index figures, the Construction Cost Index and the Building Cost Index. Both indexes are calculated using a formula made up of fixed amounts of four components—Portland cement, 2x4 lumber, structural steel (steel beams), and labor. The only difference between the two indexes is in their labor component. The labor component of the Construction Cost Index is common (unskilled) labor, while the labor component of the Building Cost Index is skilled labor.

The Construction Cost Index has been issued since 1908, while the Building Cost Index has been issued since 1915. Each index is widely used throughout the U.S. construction industry as a benchmark for measuring inflation.

The ENR cost indexes were created by ENR's director of market surveys, Elsie Eaves.

ENR's economic analysis

Engineering News-Record publishes quarterly cost reports, which are eight to twelve page collections of articles analyzing the most critical factors impacting construction costs. Topics may include lumber prices, personnel shortages, copper prices, fuel costs, and workers' compensation insurance. The December cost report is always devoted to international construction costs.

Top International Contractors

CompanyOriginInt'l Revenues 2014
ACS Flag of Spain.svg  Spain 38,707.5
Hochtief Flag of Germany.svg  Germany 29,299.3
Bechtel Flag of the United States.svg  United States 21,414.0
Vinci Flag of France.svg  France 19,679.9
China Communications Construction Flag of the People's Republic of China.svg  China 15,827.0
Technip Flag of France.svg  France 14,223.6
Bouygues Flag of France.svg  France 14,201.0
Skanska Flag of Sweden.svg  Sweden 14,024.9
Strabag Flag of Austria.svg  Austria 13,972.0
Saipem Flag of Italy.svg  Italy 13,623.4
Power Construction Corporation of China Flag of the People's Republic of China.svg  China 11,653.4
Fluor Corporation Flag of the United States.svg  United States 11,524.1
Construtora Norberto Odebrecht Flag of Brazil.svg  Brazil 10,199.7
Hyundai Engineering & Construction Flag of South Korea.svg  South Korea 9,687.4
Ferrovial Flag of Spain.svg  Spain 8,365.6
Samsung C&T Corporation Flag of South Korea.svg  South Korea 7,845.0
China State Construction Engineering Flag of the People's Republic of China.svg  China 7,239.1
Öztürk Holding Flag of Turkey.svg  Turkey 6,903.0
Royal BAM Group Flag of the Netherlands.svg  Netherlands 6,165.0
Abeinsa Flag of Spain.svg  Spain 5,805.9
Petrofac Flag of the United Kingdom.svg  United Kingdom 5,604.4
Consolidated Contractors Company Flag of Lebanon.svg  Lebanon 5,481.6
China Railway Group Flag of the People's Republic of China.svg  China 5,464.2
CB&I Flag of the United States.svg  United States 5,436.3
PCL Construction Flag of Canada (Pantone).svg  Canada 5,129.8
GS Engineering & Construction Flag of South Korea.svg  South Korea 5,115.5
China National Machinery Industry Corporation Flag of the People's Republic of China.svg  China 5,035.1
JGC Corporation Flag of Japan.svg  Japan 5,001.0
Leighton Holdings Flag of Australia (converted).svg  Australia 4,407.9
Salini Impregilo Flag of Italy.svg  Italy 4,342.9
OHL Flag of Spain.svg  Spain 4,294.1
Técnicas Reunidas Flag of Spain.svg  Spain 3,859.8
Lend Lease Group Flag of Australia (converted).svg  Australia 3,467.1
Daelim Industrial Flag of South Korea.svg  South Korea 3,421.7
Obayashi Corporation Flag of Japan.svg  Japan 3,357.0
Kiewit Corporation Flag of the United States.svg  United States 3,167.0
Renaissance Construction Flag of Turkey.svg  Turkey 3,001.1
McConnell Dowell Flag of Australia (converted).svg  Australia 2,987.5
Chiyoda Corporation Flag of Japan.svg  Japan 2,935.9
Orascom Construction Flag of Egypt.svg  Egypt 2,935.0
Eiffage Flag of France.svg  France 2,918.0
SK E&C Flag of South Korea.svg  South Korea 2,915.1
Daewoo E&C Flag of South Korea.svg  South Korea 2,867.6
China Gezhouba Group Flag of the People's Republic of China.svg  China 2,823.0
KBR Flag of the United States.svg  United States 2,747.0
Jan De Nul Flag of the Netherlands.svg  Netherlands 2,715.0
China Civil Engineering Construction Corporation Flag of the People's Republic of China.svg  China 2,690.5
M+W Flag of Germany.svg  Germany 2,681.6
China Metallurgical Group Flag of the People's Republic of China.svg  China 2,669.0
Danieli Flag of Italy.svg  Italy 2,648.0
Jacobs Engineering Flag of the United States.svg  United States 2,605.7
CITIC Construction Flag of the People's Republic of China.svg  China 2,605.3
Kajima Corporation Flag of Japan.svg  Japan 2,595.4
Mota-Engil Flag of Portugal.svg  Portugal 2,552.0
Astaldi Flag of Italy.svg  Italy 2,530.7
WorleyParsons Flag of Australia (converted).svg  Australia 2,520.5
Larsen & Toubro Flag of India.svg  India 2,490.6
China Railway Construction Flag of the People's Republic of China.svg  China 2,450.0
POSCO Engineering & Construction Flag of South Korea.svg  South Korea 2,309.9
Toyo Engineering Corporation Flag of Japan.svg  Japan 2,251.4

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References

  1. 1 2 3 Hebbard, Douglas .B. (June 12, 2015). "Iconic McGraw-Hill B2B brands, Engineering News-Record, ArchRecord sold to BNP Media". TNM Digital Media LLC. Retrieved August 3, 2015.
  2. ABC
  3. Schmitt, F.E. (January 5, 1939). "To Our Readers" (Google books). Engineering News-Record. New York: McGraw-Hill Publishing Company, Inc. 122 (1): 10. Retrieved 2008-12-28. Engineering News-Record is a consolidation of Engineering News and Engineering Record, effected in 1917
  4. "About Us". ENR. Retrieved August 3, 2015.
  5. Staley, Eddie (September 22, 2014). "McGraw Hill Financial To Sell McGraw Hill Construction To Symphony Technology Group For $320M In Cash". Benzinga. Retrieved April 30, 2015.
  6. McGraw Hill Sells ENR and Construction Group to Equity Investor
  7. Maidenberg, Micah (December 14, 2014). "Best year since 2008 for construction industry". Crain's Chicago Business. Dodge Data & Analytics, a data provider formerly known as McGraw-Hill Construction
  8. Tuchman, Janice L. (July 20, 2015). "ENR Joins B2B Media Group". Engineering News-Record. New York City: BNP Media. 275 (2): 2. ISSN   0891-9526 . Retrieved August 3, 2015.
  9. "ENR's 50th Annual Award of Excellence Dinner". Builtworlds. April 2, 2015. Archived from the original on May 10, 2015. Retrieved May 10, 2015. Arguably the construction industry's premiere black-tie gala, Engineering News-Record will be hosting this very special event for the 50th and possibly last time.