Corporate News


  • Aerial view of the H2 Green Steel project in Sweden
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    Courtesy of Fluor
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    Fluor profits fall, data center and nuclear offer upside

    Project cancellations and delayed timing impacted the firm’s revenue results, said CFO Joe Brennan during the call.

    By Nov. 8, 2024
  • Renovations complete at The Gatehouse, a two-level sports bar, at M&T Bank Stadium in Baltimore.
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    Permission granted by Maryland Stadium Authority
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    Executive Moves

    Gilbane taps 30-year veteran to lead field operations

    Jumanne Smith spent 20 years at Bethesda, Maryland-based Clark Construction before coming to Gilbane Building Co. for another decade.

    By Nov. 5, 2024
  • Construction site Explore the Trendline
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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
  • Group of people holding a 'Women in the IUPAT Trades' banner at an event.
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    Permission granted by International Union of Painters and Allied Trades
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    Sponsored by International Union of Painters and Allied Trades

    Breaking barriers and building futures: IUPAT leads the way at Tradeswomen Build Nations Conference

    5,000 tradeswomen gathered in New Orleans for the TWBN Conference, celebrating progress and unity in the trades.

    Nov. 4, 2024
  • Wall Street
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    Michael M. Santiago via Getty Images
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    Granite sees strong public markets through 2030

    With just 40% of IIJA money slated to be spent by 2026, infrastructure work should be plentiful for years to come, according to CEO Kyle Larkin.

    By Nov. 1, 2024
  • Caterpillar equipment
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    Justin Sullivan/Getty Images via Getty Images
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    Caterpillar’s US revenues drop as demand slows

    Construction-related sales fell 7% year over year for the heavy equipment maker, whose financial health is seen as a bellwether for the industry.

    By Oct. 31, 2024
  • Headshot of Josh Yoder.
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    Courtesy of Mycon General Contractors
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    Contractors announce hirings, promotions: October 2024

    A new CFO for Leopardo Construction, a new president at Sundt and specialty sector moves in energy, manufacturing and water round out the latest news.

    By Construction Dive Staff • Oct. 31, 2024
  • M&A due diligence lawyers legal
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    ArLawKa AungTun via Getty Images
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    Construction Partners buys Lone Star Paving for $654M plus stock

    The Dothan, Alabama-based contractor’s purchase allows it to enter the rapidly growing Central Texas market.

    By Oct. 29, 2024
  • streetside view of the Cornell University Bowers College of Computing and Information Science project.
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    Permission granted by Revette Studio
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    Executive Moves

    New York GC taps new leadership for Carolinas and Northeast expansion

    Rochester-based LeChase Construction appointed William Goodrich as chairman and Kyle Sayers as president to lead its growth plans.

    By Oct. 29, 2024
  • Rows of sustainable energy solar panels set up on farmland.
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    Tigerstrawberry via Getty Images
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    Executive Moves

    McCarthy taps aerospace exec for renewables team

    Kendra Kim will bring best practices from the aviation, space, steel and electronics industries to the St. Louis builder’s utility-scale solar group.

    By Oct. 28, 2024
  • A aerial view of a large reservoir with trees along the shore.
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    Andrew Burton via Getty Images
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    Project Wins

    Tutor Perini subsidiary to dig $1.1B water tunnel

    The Kensico-Eastview Connection Tunnel will help provide a clean drinking supply to more than 9 million people in and around New York City.

    By Oct. 24, 2024
  • Aerial view of university buildings.
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    Retrieved from Chanen Construction on October 23, 2024
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    Executive Moves

    Newly acquired Phoenix contractor picks VP of business development

    Chanen tapped Dean Howard to drive growth as it combines with Dick Anderson Construction.

    By Oct. 23, 2024
  • A photo shows the Los Angeles headquarters of heavy civil construction contractor Tutor Perini.
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    JHVEPhoto/iStock Editorial/Getty Images Plus via Getty Images
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    Tutor Perini pulls guidance, anticipates Q3 loss

    The Los Angeles-based contractor said it has resolved several disputes on past projects, resulting in $145 million in charges to the company.

    By Oct. 21, 2024
  • A person cast a ballot in a voting booth.
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    mrolands via Getty Images
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    Election 2024

    Harris, Trump nail down construction endorsements

    As the election draws near, Kamala Harris and Donald Trump have earned nods from organizations across the building industry.

    By Oct. 17, 2024
  • An aerial shot of Bozeman, Montana in summertime.
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    Jacob Boomsma/iStock/Getty Images Plus via Getty Images
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    Haselden opens Montana office

    The Denver-based contractor is expanding its reach beyond Colorado and Wyoming into the rapidly growing market around Bozeman.

    By Oct. 16, 2024
  • A man in a dark suit smiles at the camera.
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    Courtesy of Sundt Construction
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    Executive Moves

    Sundt Construction appoints new president, COO

    Cade Rowley first joined the Tempe, Arizona, firm as an engineer.

    By Oct. 11, 2024
  • A shot from the ground on the street centers a circular building in the city. The building is modern, glassy and gray.
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    Courtesy of Leopardo Construction
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    Executive Moves

    Leopardo Construction names new CFO, other execs

    The Illinois-based contractor cited its recent growth and geographic expansion as the impetus for the promotions.

    By Oct. 10, 2024
  • Headshot of Josh Yoder.
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    Courtesy of Mycon General Contractors
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    Executive Moves

    Dallas firm names new Nashville precon lead

    Mycon General Contractors selected Josh Yoder to improve efficiency and guide projects in the Tennessee region.

    By Oct. 9, 2024
  • An environment engineer's blue gloved hand collects wastewater samples from industrial canals in a test tube in the morning with trees in the background blurred.
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    onuma Inthapong via Getty Images
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    Executive Moves

    AECOM names head of new Water & Environment Advisory business

    Jill Hudkins, previously a strategic advisor with Tetra Tech, will serve as chief executive.

    By Oct. 7, 2024
  • A skyline shot of a large city, bifurcated by a large river.
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    Alihan Usullu via Getty Images
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    Balfour Beatty partners to develop 3D-printing materials

    Together with materials firm Versarien, the London-based builder will develop a variety of mortars for use in civil construction.

    By Oct. 7, 2024
  • an aerial view from above U.S. Naval Base Guam
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    Courtesy of U.S. Navy photo by Mass Communication Specialist 3rd Class Deven Ellis
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    Project Wins

    Navy targets Tutor Perini JV for $113M missile facility build

    Sited at U.S. Naval Base Guam, the project includes a single-story, 57,664-square-foot structure on a deep pile foundation. 

    By Oct. 4, 2024
  • A rendering of new construction, completed, at Scotiabank Arena in Toronto.
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    Courtesy of PCL Construction
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    PCL, HammerTech sign multiyear safety tech agreement

    The software will help the builder gather more sophisticated data around safety to inform decision-making toward its “zero incident” goal.

    By Oct. 4, 2024
  • A truck is parked in front of a partially complete concrete structure in a dirt parking lot.
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    Courtesy of Granite Construction
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    Project Wins

    Granite-Obayashi JV receives orders for $113M Marine base project

    It’s the second major contract Granite has won at Camp Blaz in Guam, the U.S. Marines' first new base in 70 years.

    By Sept. 30, 2024
  • 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 hires Turner vet to lead manufacturing, advanced tech work

    Darin Hart brings 35 years of experience to the company as it positions itself for the semiconductor industry’s growth.

    By Sept. 30, 2024
  • A woman in professional attire stands in her office
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    Permission granted by Big-D Cos.
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    Thought Leaders: September 2024

    Executives from Messer, Warfel, Consigli and more talk about their latest challenges and successes.

    By Construction Dive Staff • Sept. 27, 2024
  • Rendering shows an aerial view of the new lock, the Poe lock and the MacArthur lock.
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    Retrieved from USACE.
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    September 2024 wins: Contractors report their latest awards

    Some of the country’s biggest builders have recently reported new work in projects ranging from infrastructure to energy.

    By Construction Dive Staff • Sept. 24, 2024