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Short Take: Construction industry site opens marketplace

ContractorHub.com has launched its online exchange for buying and selling materials and services in the $725 billion construction industry. Contractors and suppliers can conduct transactions online using the exchange, which aims to boost productivity by streamlining the bidding, materials management, purchases and payment processes by letting them interact and communicate with suppliers and manufacturers through a central location. The exchange is now live.

ContractorHub.com has launched its online exchange for buying and selling materials and services in the $725 billion construction industry. Contractors and suppliers can conduct transactions online using the exchange, which aims to boost productivity by streamlining the bidding, materials management, purchases and payment processes by letting them interact and communicate with suppliers and manufacturers through a central location. The exchange is now live.