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Lack of skilled workers is the biggest risk to the growth prospects of one of Australia's largest construction companies, the John Holland Group, forcing it to start projects later than it otherwise would have. But this is being offset by significant increases in productivity under new regulations governing the building industry and from changes to workplace laws, company executives say. With boom conditions in Western Australia and strong conditions in other parts of the country, the problem is not in finding projects, it is in finding people, says group managing director David Stewart. "We can go and buy as much equipment as we want, we can buy construction materials from all over the world, we don't have any shortage of clients in the current market, but we haven't got enough quality people," Mr Stewart said yesterday.
FAIRFAX, Va.--(BUSINESS WIRE)--Argon ST (NASDAQ:STST) has been honored for its leadership and contributions in government contracting. The 4th Annual Greater Washington Government Contractor Awards, presented in partnership by the Northern Virginia GovCon Council, the Professional Services Council, and Washington Technology was held on the evening of October 11, at the Ritz-Carlton in Tyson's Corner. Argon ST, a company based in Fairfax, Virginia, was selected as the Contractor of the Year in the $75M to $300M in annual revenue. The Contractor of the Year in each of four revenue-based categories was selected in recognition of distinguished financial and operational accomplishments and for outstanding contributions during the past year to its employees, the government contracting industry, and the U.S.
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