Corporate News

  • Bunk beds with white bedding sit before a window with a view of Manhattan skyscrapers.
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    Courtesy of Hilton
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    Travel rebounds, boosts hotel projects

    A recovery in the hospitality industry and an increase in consumer confidence have led hotel companies to prime their construction pipelines.

    By Industry Dive Staff • Oct. 2, 2023
  • A construction worker dons a hard hat and a Suffolk safety vest.
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    Permission granted by Suffolk Construction
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    Executive Moves

    Suffolk taps Clark exec for EVP role

    Brett Earnest will take over as the Boston-based builder’s aviation and transportation, federal and mission critical leader.

    By • Sept. 27, 2023
  • Construction site Explore the Trendlineâž”
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    sandsun via Getty Images
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    Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
  • A construction executive poses in a cowboy hat.
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    Courtesy of Mycon General Contractors
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    Executive Moves

    Mycon names senior VP for Texas, Arizona

    Rick Dubec will helm the distribution center sector for the Dallas-based firm, which counts multiple Walmart projects in its portfolio.

    By • Sept. 25, 2023
  • Lendlease
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    Permission granted by Lendlease
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    Executive Moves

    Lendlease names head of development for Americas

    Meg Spriggs will oversee the region’s $21 billion pipeline, which includes projects in New York City, Boston and Chicago.

    By • Sept. 20, 2023
  • A photo of the exterior of a Sheetz location in the Columbus, Ohio area.
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    Courtesy of Sheetz
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    Sheetz aims for 1,000 stores

    The convenience retailer held a grand opening for its 700th store Tuesday, and has plans to expand in Ohio and enter Michigan.

    By Jessica Loder • Sept. 18, 2023
  • Image of the Connecticut Water Treatment Plant Contract
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    Courtesy of Jacobs Solutions
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    Project Wins

    Jacobs scores $25M Connecticut water project

    Work includes engineering services and support for improvements to the overall facility, sludge system, water quality lab and treatment process.

    By • Sept. 18, 2023
  • An evening shot of the Knoxville, Tennessee skyline. There is a water tower to the left, and a park in the foreground, with the rest of the city to the right.
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    CrackerClips via Getty Images
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    Bechtel opens new Tennessee office

    The firm’s Engineering Execution Center will support its work on complex, mission-based projects.

    By • Sept. 14, 2023
  • A rendering of an industrial water treatment facility. The computer generated graphics include concrete circles in the foreground with areas for water and green grass scattered around.
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    Courtesy of Brown and Caldwell
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    Executive Moves

    California environmental contractor taps tech exec for digital growth

    Brown and Caldwell is enlisting data in its fight against the effects of climate change, an increasingly critical area for clients. 

    By • Sept. 13, 2023
  • Three construction workers pose on a city street in work vests
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    Permission granted by Bond Building
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    Q&A

    Project manager’s love of construction began early

    As a child, Bond Civil & Utility Construction's Selasie Buatsi tagged along with her father to construction jobs in her native Ghana.

    By • Sept. 13, 2023
  • Excavators working on construction site at sunset.
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    guvendemir via Getty Images
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    Sponsored by Merchants Bonding Company

    Caution: Red flags are flying

    What are the operational ‘red flags’ sureties see contributing to the severity of contractors’ claims and losses? 

    By Jay Farley, Vice President, Claims Manager • Sept. 11, 2023
  • Street view of the Securities and Exchange Commission, SEC, Building in Washington DC.
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    qingwa via Getty Images
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    Fluor pays $14.5M to settle SEC accounting charges

    The Irving, Texas-based construction company neither admitted to nor denied the allegations stemming from two large scale, fixed price construction projects, according to a company statement.

    By • Sept. 8, 2023
  • A rendering of a large stadium lit up at night.
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    Retrieved from Tennessee Titans on August 16, 2023
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    August Project Wins: Contractors report their latest awards

    Construction Dive rounds up the newest jobs won by some of the country’s biggest builders.

    By Construction Dive Staff • Sept. 5, 2023
  • A headshot shows Kitchell CEM president Don Haase in casual business attire.
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    Courtesy of Kitchell
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    Executive Moves

    Kitchell picks new president for Sacramento construction management unit

    Don Haase will lead the 330-employee division and fills the vacancy left by Wendy Cohen, who is now the company's CEO.

    By • Aug. 31, 2023
  • A headshot of Keith Douglas
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    Courtesy of Rosendin
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    Executive Moves

    Rosendin picks new CEO, CFO for succession plan

    Two long-time company vets will enter the C-suite at the employee-owned electrical contractor, with another slotted to take over its West region.

    By • Aug. 29, 2023
  • Rendering shows an open bridge with transit stops spanning a multi-lane highway with white vehicles.
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    Courtesy of Texas DOT
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    Executive Moves

    WSP names Texas transportation leader

    The Montreal-based global infrastructure builder tapped Stephanie Messerli, who has worked extensively on large-scale projects in the state, most recently for Jacobs.

    By • Aug. 28, 2023
  • Headshot of Lucy Villanueva
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    Permission granted by Clayco
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    Q&A

    Clayco appoints new healthcare VP for California

    Former DPR exec Lucy Villanueva will leverage her decades of experience developing large-scale hospital projects throughout the state.

    By • Aug. 21, 2023
  • A double humped bridge bathed in yellow light spans a river, with a cityscape in the background.
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    The image by PunkToad is licensed under CC BY 2.0
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    Executive Moves

    Jay Badame leaves AECOM

    The executive worked for the Dallas-based global contractor for 40 years and recently headed its construction management business.

    By • Aug. 16, 2023
  • legal exposure
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    Designer491 via Getty Images
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    SEC cyber rule opens can of worms over insurance coverage

    Required disclosures could prompt more lawsuits as plaintiffs leverage what companies file with the agency, driving an increase in insurance exclusions, industry experts say.   

    By Robert Freedman • Aug. 16, 2023
  • A rendering of a hotel property set to break ground at Hemisfair in San Antonio
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    Permission granted by Hemisfair Park Area Redevelopment Corporation
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    Curio Collection by Hilton hotel to break ground in San Antonio

    The property, located near major attractions and one of the city’s largest convention centers, will cater to an influx of leisure and business travelers. 

    By Jenna Walters • Aug. 16, 2023
  • U.S. President Joe Biden stands between two rail cars in front of a red, white and blue flag that reads, "Hudson Tunnel Project."
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    Michael M. Santiago via Getty Images
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    Federal money buoys construction, engineering firms

    More than 36,000 transportation improvement projects have advanced due to the IIJA, according to the American Road and Transportation Builders Association.

    By Dan Zukowski • Aug. 15, 2023
  • Rendering shows building with glass-paned walls and a white roof surrounded by airplanes.
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    Courtesy of Port of Seattle
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    AECOM reports Q3 loss despite higher revenue

    The CEO of the Dallas-based firm said inflation has increased costs for delivering infrastructure projects, but prices are beginning to stabilize.

    By • Aug. 9, 2023
  • Aerial view of the Midland Water Pollution Control Plant expansion
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    Courtesy of Jacobs Solutions
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    Jacobs’ profits drop on higher revenues

    The company attributed its top-line growth to strong momentum from trends such as critical infrastructure, water scarcity, energy transition and onshoring.

    By • Aug. 9, 2023
  • A street sign for Wall Street in front of the facade of the New York Stock Exchange.
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    JaysonPhotography via Getty Images
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    Tutor Perini’s losses narrow on improved revenue

    The contractor said it was putting the challenges of COVID-19 behind it, with more bidding opportunities lined up for the rest of the year.

    By • Aug. 8, 2023
  • rendering of the Longview fusion energy plant
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    Permission granted by Fluor
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    Fluor posts $61M profit, boosts backlog

    “Results were better and cleaner than recent quarters, and the net drama is much less,” said Andrew Wittmann, senior research analyst at Milwaukee-based financial services company Baird.

    By • Aug. 4, 2023
  • Construction of Vogtle Nuclear Plant Unit 4
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    Courtesy of Bechtel
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    Project Milestones

    $30B Bechtel-built nuclear plant starts operation in Georgia

    The contractor took over work in 2017 to complete the first new atomic power unit built in the U.S. in more than 30 years.

    By • Aug. 3, 2023