BMO Harris Bank Issues Newsletter on the State of the Engineering & Construction Industry
CHICAGO, Oct. 25, 2012 /PRNewswire/ -- An improving economy has seen a general upsurge in Engineering & Construction activity, but challenges remain, says a quarterly Engineering & Construction newsletter issued today by BMO Harris Bank.
BMO Harris Bank's Shahrokh Shah, Managing Director, Engineering & Construction, weighs in on a variety of considerations faced by owners and CFOs on a daily basis, from the importance of prudent risk management, to the current lending environment to the prospects for mergers and acquisitions.
"It's still a turbulent environment, and Engineering & Constructions firms face a variety of challenges, each and every day, from lending options to acquisition opportunities," said Shah.
The newsletter looks at risk management concerns, the pros and cons of sub-contractor relationships, lending activity and overall construction spending, as well as other factors that go into the decisions being faced by Engineering and Construction leaders today.
To access the newsletter, visit BMO Harris Bank's Commercial Resource Center online at https://resourcecenter.bmoharris.com/html/backlog/2012/october/index.php.
About BMO Harris Bank
Based in Chicago, BMO Harris Bank N.A. provides a broad range of personal banking products and solutions through over 600 branches and approximately 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Nevada, Arizona and Florida. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. Deposit and loan products and services provided by BMO Harris Bank N.A. Member FDIC. BMO Harris BankSM is a trade name used by BMO Harris Bank N.A. BMO Harris Bank is part of BMO Financial Group, a North American financial organization with 1,600 branches, and a retail deposit base of approximately $180 billion.
SOURCE BMO Harris Bank