The vast majority of the US construction market is non-union. Unions only have a grip in the major cities of which are strong blue areas politically. That said, the unions have been losing more and more area that was once union strong with every year that passes. Downtowns, of course, are essentially the last true union backbone. As it stands, most collective bargaining agreements already have "robot" language. Meaning the masons are claiming the work to run the robots in union areas even if it means fewer crew needed. In otherwards making certain they claim that jurisdiction...so other trades, such as the electricians or carpenters union can't claim it. However, I don't see FBR as remotely interested in the downtown work. Tight access projects and multi-family high-rise work in dying downtowns isn't practical for FBR. Residential and new retail box construction is where FBR will make an impact. These markets are driven by a non-union workforce. Unions have no dark influence in this type of invention.
Just my opinion. Others are free to disagree.
FBR Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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