We are here with Nic Cornelison who is the President and COO of P&C Construction. He is also a former Chairman of AGC of East Tennessee.
That was a fun ride and I learned a lot in my tenure. I think I was the longest serving AGC Chairman because of Covid. Fun times!
We knew we had bold leadership when you came in, and the Construction Career Center would not have happened without your vision to make AGC more relevant to the industry.
That is wildly important. We have no options but to continue on the path for all things construction to make our workforce relevant and our membership in AGC relevant. We have got to be joiners - not separationists.
You’ve been on the board of AGC for how long?
Somewhere around 17 or 18 years.
You’ve been in construction for quite a while too.
About 25 or 26 years. I started at P&C working with my dad. Basically everyone in my family had been in construction, my grandfather, my great-grandfather. That’s just what I wanted to do. My dad wanted me to go do something different, but I didn’t want to. I wanted to stay in construction and once construction gets in your blood you can never get it out! Peace out - you love it.
You started out as a laborer and came up through the ranks, and now you’re the president of a pretty big firm!
Yes, we are a mid-size contractor. We work basically all throughout the East Coast from Texas to Berlin, Vermont to Cape Coral, Florida where we have projects going on at this time. We are very blessed.
It’s a great group over there at P&C. You have a big focus on safety and workforce development.
We have an outstanding team and I’m proud to be a part of it.
What do you think is next for AGC?
We are just a couple months away from having the Construction Career Center open. We have got to expound on our relevance to our industry, we need to continue to expand AGC’s membership. If you are not a member or thinking of not renewing your membership currently, I would suggest you pay attention to all of the programs and the pieces of the puzzle that AGC helps you put together, and there's more to come with the opening of the Construction Career Center.
Thank you for everything that you do, not only for AGC but for the entire industry. We are so glad you are a part of what we do.
I’m happy to be a part of the team! Thank you.
In his spare time, Nic doubles as a cowboy on his ranch, Lake Majestik Farms. Born and raised in the south, Nic currently resides in Alabama with his wife Chasity and two kids, Paris and Briley.
In these times of uncertain supply chain delivery, AGC East Tennessee's Subcontractor Committee has created a quick cheat sheet for members to share estimated lead times on materials. Please note that these lead times are subject to change. If any member would like to add or edit information, please mail firstname.lastname@example.org.
AS OF APRIL 18, 2022
Mortar and Grout:
Bar joists continue to be between 45-50 week delivery ARO.
10 -12 week delivery if no bar joists are required, but longer lead times if delivered with bar joists.
Basic grey and red primer are in short supply due to a recent fire at a paint pigment plant. It has affected some deliveries by 1-3 weeks according to the product. We are sometimes using a premium product passed along to the GC/owner.
The following have seen 50% + the past 2 years:
The regional Building Industry Coalition (AGC East Tennessee, AIA Chattanooga, Home Builders Assn of Greater Chattanooga, green l spaces, and CSI Chattanooga) hosted fireside chat sessions with the candidates running in the Republican primary for mayor of Hamilton County. Click below to watch each 30 minute session.
Position: President, Pointe General Contractors
Education: Graduated from Auburn University in 1998 with a major in Building Construction and a minor in Business
Personal: Married to Elizabeth Medeiros, 4 kids, lives on Signal Mountain and proudly coaches Little League Baseball & Youth Soccer
What made you decide to pursue construction as a career?
I got into the construction industry because it was the best opportunity for me to learn about diverse and different types of businesses. For example: how to build aircraft, how to ship food across the world, how to launch rockets, AND I get to eat at new and great restaurants all over the place.
What was your first job in construction?
I started with a large design-build firm called the Haskell Company. I worked in their Florida and eventually California office right out of school. I learned a lot, especially technical details and leading staffs at a young age. Through that experience, I crossed paths with the Allen family who created Pointe, which is in part how I eventually ended up in Chattanooga. I've been at Pointe since 2006.
You are involved in several businesses in different industries - construction, development, healthcare, retail, and education. Who has helped you along the way in leading successful businesses?
I've had several mentors along the way. My dad, Louis Medeiros, led a large pharmaceutical company and provides constant advice on better business practices. At my first job at Haskell, Jason Heuler helped me better understand engineering concepts. Ken Colgate at WS Development was a mentor on managing people and leadership skills and taught me to look at the 10,000-foot view when providing direction. Rex Allen at Pointe keeps me focused on facts in professional and personal relationships and reminds me to block out all the noise. And, of course, I couldn’t do any of this without the friendship and support of my bride, Elizabeth.
Tell us about your experience in teaching college students pursing careers in construction.
I've been an adjunct professor at several institutions for many years, including Florida Community College, Chattanooga State Community College, and University of Tennessee at Chattanooga. I also serve as an Advisory Board member at Chatt State and UTC.
As the incoming Chair of AGC East Tennessee, what are your top priorities?
First, we've got a school to open soon. We will continue the work for a successful launch of the Construction Career Center to see that through start-up and beyond. Once it's open, we still have a lot of work to do ensure its success.
Advocacy is one of AGC's most important and valuable initiatives for our industry and I want to make sure that we continue to be the voice of construction at the local and state level.
I'm also interested in expanding our membership's footprint beyond Hamilton and Bradley County. The more voices we have advocate for our industry, the stronger we are.
Alpha-1 Foundation (2017 – Present)
SGL (2018 – Present)
AGC of East Tennessee (2006 – Present)
Chattanooga Regional Manufacturing Association (2020 – Present)
Quality in Construction Task Force, Office of the State Architect -TN (2019 – Present)
Industry Advisory Board, University of Chattanooga (2011 – Present)
Industry Advisory Board, Chattanooga State Community College (2009 – Present)
License & Certifications:
Civic & Volunteer:
Social Ministry (2016 – Present)
Your immediate action is needed to say NO to the PRO Act! The proposed Protect the Right to Organize Act includes the most sweeping changes to labor laws since the Great Depression, and it is decidedly anti-union contractor, anti-open shop, and anti-construction. The U.S. House of Representatives is scheduled to vote on the PRO Act next week.
It’s easy to contact members of Congress … >>CLICK HERE TO TAKE ACTION!
Construction Consultants, Tennessee Valley Federal Credit Union Construct First 3-D Printed Building Facade
Tennessee Valley Federal Credit Union (TVFCU), an AGC chapter sponsor, and long-time AGC member, Construction Consultants, collaborated with Chattanooga-based Branch Technology to construct the first-ever 3D-printed building façade using a patented 3D printing process called Cellular Fabrication, C-Fab®.
The credit union's new Southside Branch is located across the street from the AGC office at 125 West 20th Street in Chattanooga.
Jerod Gilley with Construction Consultants learned about Branch Technology's 3-D approach to construction at an AGC member meeting in September 2019. Todd Fortner, CEO of TVFCU, was also aware of Branch Technology's innovation and hoped to use the new technology in a future project.
"With this new technology, the façade of this building is very unique and innovative and very much fits in this community on the Southside," said Todd Fortner, president of the Tennessee Valley Federal Credit Union which hopes to open the new drive-thru branch by May.
Read More in the Chattanooga Times Free Press
Watch a video of the construction
After 20 years, it was time to give the office a little freshener! With new paint, lighting, flooring and duct cleaning, our facility looks and feels like a modern office. Thanks to our members Lawson Electric, Inline Electric, Terry Keith Company, ServPro and Randy Wilson Painters for doing a great job! Also, special thanks to interior designed Brooke King for donating her services.
As a reminder, members are invited to use our training rooms, board room and office for training, events, meetings and co-working space. Convenient parking and after hour access available. To book your space, contact Hannah Barnett at (423) 265-1111 or email@example.com.
Make sure you don't miss out on any project updates by getting registered on AGC East Tennessee's new planroom website. Anyone who wants to have access to our listed projects will need to follow these steps:
1. Go to www.agcetnplanroom.com and click "Register for an account"
2. Enter your information.
3. Enter details for your company.
4. Check your inbox for a confirmation email to confirm your account.
5. Log in and browse our planroom!
Once you register, your device should remember your username and password but we recommend that you keep a record for reference. AGC staff can also help you retrieve your username and password.
For more information or if you need assistance, please contact Hannah Barnett at firstname.lastname@example.org or (423) 265-1111.
By Kyle Christensen, CPA, CCIFP, email@example.com
Kyle is a partner at HHM CPAs, a full-service accounting and consulting firm with locations in Chattanooga and Memphis, Tennessee. He possesses over 20 years of experience working with clients in the Construction & Real Estate (CARE) industries.
Although COVID-19 has been making headlines in the construction industry, as well as every other industry due to the Federal Governments Paycheck Protection Program (PPP) stimulus and other initiatives, there are a few continuing tax programs that contractors should not be ignoring.
One tax benefit specifically structured for the construction industry is found in the Internal Revenue Code Section 179D. This code section was enacted to incentivize companies to make their buildings more energy efficient. Overall, the incentive was a method to accelerate depreciation deductions faster for any company that undertook an energy efficient retrofit or initiated new construction incorporating the energy efficient standards. Back in the mid 2000s when this was enacted, most companies were still required to depreciate projects over a lengthy depreciation schedule (i.e. 15 or 39 years). Thus, to be able to write off a portion of this more quickly was a novel concept. However, the incentive really never took off because soon afterwards, the country entered the Great Recession and lawmakers quickly enacted even more generous rules to allow companies to begin writing off capital expenditures more rapidly in effort to stimulate the economy. Thus, this deduction was somewhat shelved. Here is the construction specific subpart that is often overlooked as well, but shouldn’t be.
In 2008, the IRS issued notice 2008-40 which clarified IRC 179D(d)(4) that states:
In the case of energy efficient commercial building property installed on or in property owned by a federal, state, or local government or a political subdivision thereof, the Secretary shall promulgate a regulation to allow the allocation of the deduction to the person primarily responsible for designing the property in lieu of the owner of such property.
The 2008 notice provided the procedures necessary for a designer of energy efficient system to receive the benefit of the tax deduction for any government facility since the government is not able to benefit from the deduction. The notice also provides a definition of “designer” as follows:
A designer is a person that creates the technical specifications for installation of energy efficient commercial building property (or partially qualifying commercial building property for which a deduction is allowed under §179D). A designer may include, for example, an architect, engineer, contractor, environmental consultant or energy services provider who creates the technical specifications for a new building or an addition to an existing building that incorporates energy efficient commercial building property (or partially qualifying commercial building property for which a deduction is allowed under §179D). A person that merely installs, repairs, or maintains the property is not a designer.
Therefore, if a contractor, engineer, or architect is involved in this process and it meets the certification requirements for energy efficiency, the “designer” of the system can receive an “allocated” deduction (i.e. a “FREE” tax deduction) from the government-owned facility. There are several rules about which buildings qualify, who is deemed the designer, and the energy efficient mandates, but all members of the construction community should ensure they have not overlooked this deduction. The deduction can be as much as $1.80 per square foot, so the benefit can be significant to the qualifying designated designer. The Code Section 179D is set to expire at the end of December 31, 2020, but if a contractor failed to take advantage of this, there may be a way to revisit prior year projects for the last couple of years.
If your company is involved in government-owned projects, you should ensure that this topic is reviewed during their year-end tax planning session with their professional tax advisor.