US construction anchors Skanska’s results

Though the Stockholm-based firm took write-offs in Q3 due to a weak commercial property market, it has capitalized on data center and infrastructure booms, particularly in the States.

Toyota to spend additional $10B on US operations

The automaker also began production at its $13.9 billion electric vehicle battery plant in North Carolina, its first and only such facility outside of Japan.

AI, robotics push built environment tech funding to $4.4B influx

Cash infusions to the sector saw a 66% year-over-year increase, per a Nymbl Ventures report.

Inside one developer’s first high-rise project

After building lower-density residences, Starlife Group’s Gevorg Shahbazyan is building his first tower in his backyard in Hollywood, Florida.

Granite’s materials business paves way to revenue growth

The California-based road builder swelled its aggregates arm with another acquisition during Q3, while some jobs took longer during preconstruction than expected.

WSP downplays M&A rumors, government shutdown

The Montreal-based builder recorded gains across its backlog, profits and revenue year over year in Q3 while affirming its commitment to the North American market.

Clark, Herzog break ground on $705M DC rail yard

Part of Amtrak’s rail yard improvement program, the effort aims to accelerate maintenance and prepare for new Airo trainsets arriving in 2027.

Fluor posts Q3 loss, remains bullish on power projects

A $653 million charge on a long-completed LNG project in Australia undercut results, though executives still expect a bounceback.

Tutor Perini posts $21.6B backlog, buoyed by infrastructure spending

The Los Angeles-based heavy civil contractor added $2 billion to its pipeline in the third quarter and sees $25 billion in bid opportunities on the horizon.

US Steel outlines $14B domestic investment plan with Nippon Steel

In addition to $11 billion in U.S. facility improvements by 2028, the companies plan to drive operational efficiencies and reduce costs to bolster profitability.

Vantage plans $2B Virginia data center project

The hyperscaler will deliver the first of a three-building campus in Stafford County by late 2027, according to a news release.

There’s no skilled labor shortage in construction. There’s a shortage of good jobs.

The issue is not a lack of willing people, but a lack of steady, quality jobs, writes an Iron Workers union business manager.

Supreme Court questions Trump’s tariff powers in landmark case

Several justices seemed skeptical of the Trump administration's claims of broad tariff authority under a 1977 emergency powers act.

Layoffs hit Barton Malow’s $3B GM, Samsung battery plant project

The general contractor left open the possibility for workers to return to the Indiana plant if activity onsite ramps back up.

Over one-third of companies plan to replace entry roles with AI, survey says

Although cutting entry-level hires may increase savings in the short run, drying up this pipeline to future leaders could create a long-term crisis, a Korn Ferry report warned.

Infrastructure construction projects are ‘becoming smarter,’ says Ferrovial Construction CEO

The chief of the Amsterdam-headquartered firm’s construction division talks risk management on airport and highway megaprojects.

With shutdown, contractors ‘in the dark’ on labor data

The government shutdown prevented the Bureau of Labor Statistics from releasing a job openings report, just one of many metrics that help builders understand the broader economy.

Warehouse demand grows as companies push through tariff uncertainty

Net absorption for U.S. industrial real estate increased nearly 20 million square feet year over year in Q3, buoyed by activity in Phoenix and Indianapolis, per Colliers.

Contractors’ pay strategies hint at stabilizing job market

Salary increases driven by labor shortages and inflation have begun to slow, indicating an easing labor market, according to a recent report from an accounting advisory firm.

Turner unveils ‘wall to wall’ partnership with OpenAI

Announced at its innovation summit in Nashville, Tennessee, the two-year deal will help the contractor accelerate its artificial intelligence use, the company said.

Construction Startup Competition taps 2025 contech finalists

Now in its ninth year, the contest will pick three winners at the Trimble Dimensions conference in Las Vegas and a fourth company at a new European event.

What the last gas boom (and bust) says about today’s rush to build

Gas power M&A valuations have doubled since 2024, but new generation remains a risky investment, analysts say.

Sundt, Jacobs, HDR finish $597M California wastewater plant

The project anchors San Mateo’s $1 billion Clean Water Program, a regional initiative to modernize San Francisco Bay’s sewer infrastructure.

Michigan creates mass timber program in construction adoption push

The state will offer money, guidance and technical assistance as demand increases for the alternative building material.

As M&A ramps up, Cumming Group acquires LeftField

The move, which comes amid a flurry of acquisition activity, doubles Cumming Group’s size in the New England region.