Corporate News

  • A rendering of a mixed use development
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    Permission granted by Blach Construction
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    Executive Moves

    California contractor makes CFO, IT appointments

    The two new Blach Construction execs were hired from competitor Rudolph and Sletten and global tech giant Cisco Systems.

    By • June 1, 2023
  • A mid-rise apartment building with a sign that reads "Ltd. by Greystar."
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    Courtesy of Greystar
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    Greystar launches attainable housing brand

    With some built in the company’s newly opened modular factory, Ltd. by Greystar apartments will limit future rent increases for existing residents.

    By Mary Salmonsen • May 31, 2023
  • A group of penguins gather in front of rockwork at SeaWorld in Orlando, Florida.
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    Xianghong Garrison/iStock/Getty Images Plus via Getty Images
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    PCL acquires specialty craft firm

    The contractor bought The Companies of Nassal, an Orlando, Florida-based fabricator that focuses on rockwork for theme parks, zoos and aquariums.

    By • May 31, 2023
  • Turner Construction
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    Permission granted by Turner Construction
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    Top 10 commercial contractors of 2023

    Turner maintained its No. 1 ranking while first-timer MasTec claimed the third spot in this year’s list of construction industry giants.

    By • May 30, 2023
  • Hensel Phelps broke ground on the NIH Clinical Research Center addition
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    Courtesy of National Institutes of Health
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    Project Milestones

    Hensel Phelps starts $630M NIH project in Maryland

    The Colorado-based general contractor expects to complete construction by 2029.

    By • May 30, 2023
  • A red train passes on an open bridge spanning a stream and walking path.
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    Courtesy of Flatiron
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    May Project Wins: The country’s top contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders.

    By Construction Dive Staff • May 26, 2023
  • Aerial image of Intel's manufacturing facility site in Licking County, Ohio.
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    Courtesy of Intel
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    Project Milestones

    Intel starts next phase of $20B Ohio manufacturing project

    Crews poured 1,500 cubic yards of concrete at the massive semiconductor facility in Licking County, Ohio.

    By • May 25, 2023
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    Retrieved from Lucas Jackson / Amazon on May 25, 2023
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    Project Milestones

    Amazon opens first phase of $2.5B HQ2

    Phase two of the e-commerce giant’s second headquarters, built in Arlington, Virginia, remains on pause.

    By • May 25, 2023
  • A gleaming office building in Atlanta.
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    Courtesy of DPR
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    Executive Moves

    DPR Construction names new Atlanta lead

    Kali Bonnell has developed expertise in healthcare builds over her 14-year career.

    By • May 25, 2023
  • Three construction workers are in the middle background, surrounded by work on a large construction site.
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    Drazen_ via Getty Images
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    Contech Funding

    Construction management software BuildOps raises $50M

    The company has drawn the attention of celebrity investors, including former Twitter CEO Dick Costolo and NFL Hall of Famer Joe Montana.

    By • May 24, 2023
  • Shawmut CEO Les Hiscoe
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    Courtesy of Shawmut
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    Shawmut unveils NYC office space in latest growth push

    The Boston-based construction management firm identified a number of growth sectors to take advantage of within New York City.

    By • May 24, 2023
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    Courtesy of Skanska USA
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    Executive Moves

    Skanska announces West Coast Civil team leadership change

    As the division’s executive vice president Mike Aparicio approaches retirement, the team will transition management in August to ease the shift.

    By • May 23, 2023
  • Headshot of Wendy Cohen
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    Permission granted by Kitchell Corp.
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    Executive Moves

    Wendy Cohen named CEO of Kitchell

    The 73-year-old firm builds, manages and develops projects in Texas, California and Arizona.

    By • May 22, 2023
  • People move through an open terminal with a lofty white ceiling and smooth wooden kiosks.
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    Courtesy of New York Governor's Office
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    Executive Moves

    AECOM appoints new president of construction management

    Bob Hart has replaced Jay Badame, who served in the role for five years, as other executives move up the firm’s ranks.

    By • May 18, 2023
  • With a blue sky in the background, a black sign that reads "Raytheon" in large red letters.
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    Mario Tama / Staff via Getty Images
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    Project Wins

    Adolfson & Peterson awarded $74M Raytheon office rehab

    The Minneapolis-based contractor predicts it will finish work on the Plano, Texas, project later this year.

    By • May 17, 2023
  • A rendering depicts the MIRO Towers mixed use development in San Jose, California.
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    Courtesy of Suffolk
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    Executive Moves

    Suffolk taps California construction vet for growth in the West

    Jim McLamb, who worked at Clark Construction in Los Angeles for more than 30 years, will serve as Suffolk’s general manager in its Northern California region.

    By • May 16, 2023
  • Banners and equipment on the National Mall
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    Jenn Goodman/Construction Dive
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    Earth movers, front-end loaders and robots take over the National Mall

    Heavy equipment manufacturers are displaying their machines in Washington, D.C., this week to demonstrate the $1 trillion construction industry’s economic might and shine a light on policy priorities.

    By , • May 16, 2023
  • A red train passes on an open bridge spanning a stream and walking path.
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    Courtesy of Flatiron
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    WSP profits, backlog up, buoyed by US projects

    CEO Alexandre L’Heureux expects opportunities in the U.S. to stay robust, and said he sees artificial intelligence as an enabler, not a disrupter.

    By • May 11, 2023
  • Congressional leaders at the White House
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    Anna Moneymaker via Getty Images
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    Business, construction leaders urge quick resolution to looming debt ‘catastrophe’

    President Joe Biden and congressional leaders met this week as the threat of a default on the country’s $31.4 trillion debt grows.

    By • May 11, 2023
  • A sleek yellow and bluish purple train whizzes through the desert between tall white wind turbines in this rendering.
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    The image by NC3D is licensed under CC BY 2.0
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    AECOM reports record backlog as profits jump

    CEO Troy Rudd said he expects infrastructure, resilience and energy transition opportunities to grow worldwide in the coming decades.

    By • May 10, 2023
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    Permission granted by Adolfson & Peterson
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    Q&A

    A&P project engineer on building the foundation of a successful career

    Nathalia Mingo, whose path to construction started in high school, talks about what she likes most about working in the industry.

    By • May 10, 2023
  • Donald C. Tillman Water Reclamation Plant
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    Courtesy of Jacobs
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    Jacobs’ profits more than double due to IIJA, water projects

    The firm announced plans to spin off its Critical Missions Solutions business, which accounted for 35% of its revenue last year. 

    By • May 9, 2023
  • Two men stand next to each other in front of a sign that says "Bird: A Black & Veatch Company" in a wood-paneled room.
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    Courtesy of Black & Veatch
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    Black & Veatch acquires Texas electrical contractor

    Bird Electric will join the engineering firm’s portfolio and expand its capabilities in fields like electric vehicles and renewables.

    By • May 9, 2023
  • A statue of a bull stands in New York's financial district.
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    Chris Hondros via Getty Images
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    Tutor Perini’s loss doubles as revenue sinks

    Delayed impacts from the pandemic, an adverse legal ruling and accounting charges conspired to eat into the contractor’s top and bottom lines. 

    By • May 8, 2023
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    TriggerPhoto via Getty Images
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    Fluor posts $107M loss, increased backlog

    A combined $80 million in charges on legacy infrastructure projects obscured an otherwise healthy first quarter, an analyst said.

    By • May 5, 2023