Vietnam-based contractor enters US, Canadian markets with lofty goals

Hoa Binh Construction intends to open its first U.S. office this quarter, then forge partnerships with existing builders and acquire subcontractors.

By Zachary Phillips • May 23, 2022

2 years after George Floyd's death: progress yet 'unfulfilled promises' in construction

"I'm working with people who at least aren't openly racist" anymore, one worker said. Construction pros reflect on what's changed — and hasn't — since 2020.

By Joe Bousquin • May 23, 2022

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Preconstruction

Careful collaboration before shovels hit dirt is key to a successful project, experts say.

By Construction Dive staff

Boldt Co.'s 'gatekeeper' program offers mental health, suicide support

May is Mental Health Awareness Month. Construction's suicide rate is among the highest of any industry.

By Katie Pyzyk • May 19, 2022

Builders, MBI press for modular standards

Offsite construction companies say an absence of national codes causes manufacturing, transportation hurdles.

By Sebastian Obando • May 19, 2022

4 things every contractor should know about insurance

Understanding the types of coverage available and which claims might be covered has never been more vital for a business’s bottom line.

By Jacquelyn M. Mohr • May 19, 2022

Balfour Beatty Communities faces new scrutiny for military housing as parent company wins DOD contract

A Senate subcommittee report alleged untreated mold growth, cracked floor tiles held together by packing tape and broken appliances.

By Leslie Shaver • May 18, 2022

Clark announces expansion in mid-Atlantic

The country's 13th largest contractor will add office space in Virginia and Maryland this year to help expand its regional footprint.

By Jennifer Goodman • May 17, 2022

Public firms maintain outlook amid geopolitical headwinds

Many of the major contractors work on large civil projects and are awaiting IIJA funding.

By Construction Dive Staff • May 16, 2022

Robust equipment, safety plan upgrades key to reducing fall fatalities

Updated standards are on the way, as panelists at a recent webinar urged more frequent fall protection tests.

By Katie Pyzyk • May 12, 2022

Ikea to invest more than $3B in stores

Ikea's largest franchisee, Ingka Group, will work to update its physical locations across 32 markets to support the retailer's online operations.

By Caroline Jansen • May 12, 2022

Bechtel launches division targeting manufacturing, tech

The company's former CFO, Catherine Hunt Ryan, will lead the new unit that eyes markets such as semiconductors, electric vehicles and data centers.

By Sebastian Obando • May 11, 2022

How a top national apartment builder deals with materials volatility

Multifamily builder and developer NRP Group locks in orders on variable-rate agreements.

By Leslie Shaver • May 11, 2022

Skanska VDC engineer champions tech solutions

Samiha Shakil's duties have included BIM coordination at a LaGuardia Airport renovation and laser scanning on a large-scale hospital project.

By Jennifer Goodman • May 11, 2022

Shawmut expands in Florida amid growing demand

The West Palm Beach location is the company’s second South Florida office and its 11th nationwide.

By Matthew Thibault • May 10, 2022

AECOM earnings rise, shares fall on maintained guidance

The Dallas-based contractor posted higher profits and slightly lower revenue for the first three months of 2022, but investors flinched when it didn't raise guidance for the rest of the year. 

By Joe Bousquin • May 10, 2022

Revenue, backlog drop but Fluor maintains guidance

The Texas-based global contractor continues to reduce its outstanding debt, but past declines in oil prices and lockdowns in China weigh on its operations.

By Sebastian Obando • May 9, 2022

How to mitigate the effects of climate change, natural disasters

Contractors should plan, prepare and consider parametric insurance to help manage risks from extreme weather.

By Cindy Stauffer • May 6, 2022

Skanska posts 21% dip in Q1 profits

The Swedish contractor reported a strong backlog in the U.S., and CFO Magnus Persson told Construction Dive that infrastructure funding will be a bright spot in coming years.

By Zachary Phillips • May 5, 2022

Despite $21.6M loss, Tutor Perini sticks to its guidance

The Los Angeles-based infrastructure giant reiterated its full-year outlook, even though it went into the red in the first quarter.

By Joe Bousquin • May 5, 2022

'Security never stops' says CTO on cybersecurity

Infrastructure is a top target for attacks, according to Colin Whitlatch, chief technology officer at Kahua, a project management software maker.

By Sebastian Obando • May 4, 2022

Jacobs posts higher profits, backlog in second quarter

While the company maintained its midrange guidance, it lowered the high end of its projected profits, citing geopolitical concerns.

By Sebastian Obando • May 4, 2022

Contractors turn to payment apps to speed billing

Cloud-based and mobile-friendly, fintech solutions are poised to revolutionize how contractors pay and get paid.

By Robyn Griggs Lawrence • May 3, 2022

Top US apartment builders, developers report large gains

Greystar moved from sixth place to the top of NMHC’s list of builders.

By Leslie Shaver • May 2, 2022

5 ways to manage suppliers during disruption

Contract clauses and long-term deals are some ways large organizations can deepen vendor relationships and ensure supply. 

By Praveen Kumar Soni • May 2, 2022

Report: GCs more likely than subs to get paid on time

General contractors have fewer problems collecting payments compared to other types of construction businesses, according to new data from Levelset.

By Jennifer Goodman • May 2, 2022