Corporate News

  • A planned Intel facility in Oregon
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    Permission granted by Intel

    Intel cancels $700M Oregon lab project

    The tech giant planned to use the 200,000-square-foot facility to study sustainable technologies for data centers.

    By • Jan. 25, 2023
  • Skyline view of several shiny glass office buildings, one of which is still partly composed of scaffolding.
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    The image by Randy von Liski is licensed under CC BY-ND 2.0
    Executive Moves

    DPR Construction taps Mark Whitson as president

    Whitson, who started as a carpenter and built his career at the firm, will lead alongside CEO George Pfeffer.

    By • Jan. 25, 2023
  • A rendering of the Grand Hyatt Miami Beach Convention Center Hotel. The rendered hotel is in the background, while computer generated people mill about on green grass in the foreground.
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    Permission granted by Turnberry
    Project Wins

    Balfour Beatty wins Miami Beach Convention Center hotel project

    Construction is expected to be completed on the 800-room hotel in 2025.

    By • Jan. 23, 2023
  • A construction worker uses a tablet to take an as-built scan of a jobsite.
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    recep-bg/E+ via Getty Images

    Hensel Phelps launches tech investment arm

    Diverge provides a platform to nurture startups that aim to solve the problems of today and tomorrow.

    By Robyn Griggs Lawrence • Jan. 18, 2023
  • Picture of a cybersecurity lock
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    iStock via Getty Images

    Cyber, business interruption remain top global corporate risks

    Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.

    By David Jones • Jan. 18, 2023
  • Skyline view of several shiny glass office buildings, one of which is still partly composed of scaffolding.
    Image attribution tooltip
    The image by Randy von Liski is licensed under CC BY-ND 2.0
    Executive Moves

    DPR Construction appoints new CFO

    Angela Floyd took on the role at the beginning of the year.

    By • Jan. 12, 2023
  • Portrait of female engineer at construction site
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    Valeriy_G via Getty Images

    Last 2 weeks to nominate a woman leader

    Construction Dive is seeking nominations through Feb. 10 to highlight the industry’s leading women in all sectors.

    By • Jan. 4, 2023
  • A large gantry for installing concrete is lit up for the holidays against a night backdrop in Chicago.
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    Permission granted by Scott LaSalle, Walsh-Fluor Design-Build Team

    Holiday lights build seasonal spirit across jobsites

    A little bit of festive cheer goes a long way, as shown by Construction Dive's Holiday Lights contest winners.

    By • Dec. 21, 2022
  • Aerial view of London
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    Tom Shaw via Getty Images

    Balfour Beatty predicts higher profits in year-end update

    The London-based contractor expects to end the fiscal year with more cash and a higher backlog than anticipated.

    By • Dec. 12, 2022
  • Architect and his client looking at the hologram of a house project.
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    Warchi via Getty Images
    Sponsored by PMI

    Preparing for the imminent surge in infrastructure projects

    Infrastructure is what keeps business—and life—moving. The strength of the nation’s public roads and utility distribution systems impacts everything from employment to healthcare.

    Dec. 12, 2022
  • An empty meeting room with a conference table.
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    Asia-Pacific Images Studio via Getty Images

    Construction’s biggest C-suite moves of 2022

    McDermott, Jacobs, Skanska and others named new leaders this year.

    By Construction Dive Staff • Dec. 8, 2022
  • Two technicians working together in a server room.
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    PeopleImages via Getty Images

    Laid-off tech employees are flooding the market. What does that mean for construction?

    Contractors and contech firms are watching as skilled workers look for new jobs in a turbulent economy.

    By • Dec. 7, 2022
  • Aerial photograph of Johnson Space Center
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    Permission granted by NASA
    Project Wins

    Jacobs wins $92.5M NASA contract

    The award is a guaranteed one-year contract, with four one-year options to extend services at the discretion of the space agency.

    By • Dec. 5, 2022
  • Santa on the roadside, loading up his CAT truck to deliver presents! The attraction is a staple in the local community.
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    Permission granted by Leeward Construction

    Deadline extended for jobsite Holiday Lights contest

    Tomorrow at noon EST is the last chance to submit photos for Construction Dive’s annual competition.

    By • Updated Dec. 19, 2022
  • Construction site for new Intel chip factories in Chandler, Arizona
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    Permission granted by Intel

    Jacobs beats estimates, shares slump on currency headwinds

    The construction and engineering giant reported higher revenues and backlog, but interest and foreign currency exchange impacts weighed on its shares.

    By • Nov. 22, 2022
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    Permission granted by Kitchell
    Q&A

    What this Kitchell exec loves about preconstruction

    Over her 18-year career in healthcare and higher ed construction, Julie Garcia has learned the importance of sweating the details and fixing problems early. 

    By • Nov. 17, 2022
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
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    Michael Santiago/Getty Images via Getty Images

    AECOM beats on earnings, misses on revenue

    The firm's CEO said slower-than-expected IIJA funding has pushed back the timeline of infrastructure construction projects.

    By • Nov. 15, 2022
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    Courtesy of Gordie Howe International Bridge

    Fluor to pay $33M settlement in securities fraud lawsuit

    A federal judge in Texas granted the motion for final approval for the settlement between the contractor and investors.

    By • Nov. 14, 2022
  • A computer positioned on a white background, with fields for payments on the screen. The product is a Procore product.
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    Courtesy of Procore

    Procore launches payment service

    The software giant announced that Procore Pay will streamline lien waiver collection and feature expedited invoice review.

    By • Nov. 14, 2022
  • Three business people walking in a line, against a blue and purple background with emojicons varying from happy to sad faces
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    Permission granted by BambooHR
    Sponsored by BambooHR

    5 ways to improve employee retention before their first day and beyond

    Your employees are your business’s most valuable asset. That means employee retention is likely one of your top priorities, but it’s also increasingly difficult in the current job market.

    By Brian Anderson, BambooHR • Nov. 14, 2022
  • People walk away from the silver and glass Penn Station entrance.
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    Michael M. Santiago via Getty Images

    WSP posts rosy Q3 revenue and backlog, increases guidance

    The Montreal-based mega contractor also reported massive workforce growth in the past year, due in large part to its acquisition spree.

    By • Nov. 10, 2022
  • A picture of the Silvio J. Mollo Federal Building in Manhatttan.
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    ajay_suresh via Flickr

    Project Wins

    Turner nabs $236M GSA contract in Manhattan

    The country’s largest GC will assume the role of construction manager as contractor on a modernization project at the Silvio J. Mollo Federal Building.

    By • Nov. 10, 2022
  • A picture of Microsoft's headquarters in Redmond, Washington.
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    Ron Wurzer / Stringer via Getty Images
    Racism in Construction

    Judge dismisses construction worker’s discrimination charges against Microsoft

    A federal judge ruled the software company was not the employer of a construction worker who performed tasks for a Skanska-Balfour Beatty JV.

    By • Nov. 9, 2022
  • A blurred image of trader on the floor of the New York Stock Exchange.
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    Michael M. Santiago via Getty Images

    Tutor Perini posts third consecutive loss of 2022, beats on revenue

    The contractor again pointed to the future for a profit turnaround, citing project execution issues and adverse legal rulings.

    By • Nov. 7, 2022
  • Anirban Basu speaks at the 2020 World of Modular conference
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    Joe Beeton/Construction Dive

    Construction Dive’s 2023 conference guide

    Check out the full list of the industry conferences, expos and meetings scheduled for this year.

    By • Updated Jan. 10, 2023