The most frequently cited OSHA violations tend to be similar each year. While finalized data for 2020 is not yet available, Patrick Kapust , deputy director of OSHA’s Directorate of Enforcement Programs, presented the top 10 OSHA violations of fiscal year 2019 at the NSC 2019 Congress & Expo. 1. Fall Protection – General Requirements: 7,014 8. Fall Protection – Training Requirements: 2,059 The leading cause of death in the construction industry is falling. OSHA statistics show that falls in construction make up more than one third of all private-sector worker deaths. OSHA requires employers to comply with its Fall Protection standard (1926.501). It is the employer’s responsibility to set up controls to protect workers from falls associated with overhead platforms, floor holes and elevated workstations. This involves planning jobs carefully and providing fall protection equipment to workers who are six feet or more above lower levels. To prevent falls, your team should regularly inspect ladders, scaffolding, and safety gear such as personal fall arrest systems (PFAs) and harnesses. Any company that uses potentially hazardous chemicals must communicate the safety and health risks of those chemicals to employees. You must also provide guidance on what to do in the event of an emergency. OSHA’s Hazard Communication standard (1910.1200) covers best practices for keeping workers informed of health and safety risks. All chemicals should be properly labeled with easily readable signs. Employers should maintain accurate records of all hazardous chemicals at the worksite and provide Safety Data Sheets (SDSs) to workers and customers. Scaffolding safety plays a key role in preventing falls. The OSHA Scaffolds standard (1926.451) requires scaffolds and their components to support their own weight and at least four times the maximum intended load without failing. Common causes of scaffolding accidents include plank or flooring collapse, slips and falls, and defective scaffold setups. Employers should inspect scaffolding construction daily and make sure they maintain compliance with OSHA standards. This includes using guardrails or a fall arrest system for work that is more than 10 feet above lower levels. The Control of Hazardous Energy (Lockout/Tagout) standard (1910.147) applies to situations where starting up equipment could release stored energy and harm workers.https://www.forconstructionpros.com/business/construction-safety/article/21139498/top-10-osha-violations-of-2020
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“We’re being very careful.” Wood said the fund is selective and doesn’t like the incentive structure of some SPACs. The fund manager noted SPACs remain a way for the public markets to invest in some growth sooner than the traditional IPO route. Space ETF: Wood is launching a space ETF under the Ark umbrella of funds soon. Due to a quiet period with the SEC, Wood couldn’t discuss specific space stocks, but was bullish on the overall industry. She called space exploration the right side of change. “We see SpaceX, Blue Origin pushing the envelope,” Wood said of the private companies. She highlighted the work that Elon Musk, Jeff Bezos and Richard Branson have done in the space industry. The costs of launching rockets are coming down dramatically, which could lead to strong growth in the sector, according to Wood. See more from BenzingaClick here for options trades from BenzingaQuantumScape Could Have Breakthrough EV Battery Technology: WedbushOrigin Materials Lands SPAC Deal: What Investors Should Know About Pepsi-, Danone-, Nestle-Backed Company© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. The Bottom Is in for These 2 Stocks? Analysts Say ‘Buy’ Today, we’re looking at two small-cap biotech firms whose stocks have struck a rut. Each company has hit a recent clinical setback that sent the share price falling, erasing previous gains and sending it back down to low levels. Setbacks of this sort are not uncommon in the biotech industry, and in fact highlight the risk and speculative nature of the industry. So what should investors do, when a stock collapses? Is this a matter of poor fundamentals? And has the stock’s price found its low point yet? That’s where the Wall Street pros come in.https://finance.yahoo.com/news/curaleaf-report-fourth-quarter-fiscal-210100048.html