Corporate News

  • The outside of a Home Depot store
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    Brandon Bell via Getty Images
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    Home Depot goes after pro market with $4.3B acquisition

    The retailer has inked a deal for its SRS Distribution subsidiary to acquire GMS, which specializes in drywall, ceilings and steel framing.

    By Caroline Jansen • July 1, 2025
  • Blue Volvo flags wave in the sky.
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    Courtesy of Volvo CE
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    Volvo CE to sell off ownership in China-based SDLG

    The roughly $839 million sale would allow the construction equipment giant to refocus its regional strategy as it expands operations across Europe and North America.

    By Nathan Owens • June 26, 2025
  • The Paradise Hills area of Henderson, Nev. A Granite-led joint venture won a water infrastructure contract in the region.
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    Courtesy of Granite Construction
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    Project Wins

    Granite-led JV taps into $240M Nevada water job

    The firm teamed up with Las Vegas-based Contri Construction for the Paradise Hills portion of the $2.7 billion Horizontal Lateral Program near Henderson.

    By • June 26, 2025
  • An aerial shot shows the convergence of the Brooklyn and Manhattan Bridges in New York City.
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    Art Wager/iStock/Getty Images Plus via Getty Images
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    FlatironDragados spins out SPC Construction for New York region

    Three longtime area companies will form a transportation and water infrastructure specialty firm aimed at the region’s maze of tunnels, bridges, roadways and water systems.

    By • Updated June 26, 2025
  • A sign and guard post are pictured on the Andersen Air Force Base in Guam.
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    Justin Sullivan via Getty Images
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    Executive Moves

    Tutor Perini’s Black Construction names new president

    Leonard Kaae has worked at the Guam-based subsidiary for more than 40 years, helping grow it into the island's second-largest employer.

    By • June 20, 2025
  • A rendering of the Innovation Hub at California State University Fullerton.
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    Courtesy of Gensler
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    Project Milestones

    C.W. Driver starts $54M Innovation Hub for Cal State

    Located at California State University Fullerton, the system’s most populous campus, the facility will help accommodate the engineering and computer science program’s growing student body.

    By • June 17, 2025
  • steel products in the warehouse ready to be sent to customers.
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    sawaeng wonglakorn via Getty Images
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    Gilbane launches procurement division

    The builder has hired former Turner Construction executive Suzanne Bennett to lead its new subsidiary focused on equipment sourcing.

    By • June 16, 2025
  • A crew of people in safety gear on a construction site pose in front of a building that's under construction, steel beams and girders visible.
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    Courtesy of Gilbane Building Co.
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    Project Milestones

    Gilbane, F.A. Wilhelm top out $4.3B Indianapolis hospital

    The project, which will feature 864 inpatient rooms and 50 operating rooms, has ballooned in cost from the original $1.6 billion estimate.

    By • June 9, 2025
  • An interior of a modern space with wood furniture, glass and a sleek parts.
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    Courtesy of Manhattan Construction
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    Manhattan Construction opens new Atlanta office

    The Tulsa, Oklahoma-based company, which has maintained a presence in Atlanta since 2001, will focus on the aviation, government, healthcare, laboratory and mission-critical sectors in the region.

    By • June 3, 2025
  • A rendering shows a busy streetscape in front of the future Etihad Park stadium in Willets Park, Queens.
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    Courtesy of Turner Construction
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    The top commercial contractors of 2025

    Turner maintained the No. 1 spot for another year, Bechtel reclaimed second place and HITT made its top 10 debut after a huge revenue boost.

    By • May 29, 2025
  • Ricky Byrd
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    Courtesy of Caddell Construction
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    Q&A

    New president of Caddell’s commercial division aims to speed growth

    The Arkansas contractor, which has three new offices and a fourth on the way, has grown thanks to its focus on repeat clients, says Ricky Byrd.

    By • May 19, 2025
  • construction site
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    Bullseye Total Media / Jeffrey McClelland
     

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    Sponsored by Portable Solutions Group

    PSG and VitalSpace: Modular innovation that’s reshaping job sites

    PSG joins VitalSpace to deliver smarter modular access and safety solutions to the construction industry. Learn how this partnership is redefining what’s possible.

    By Hannah Petracca Franklin • May 19, 2025
  • A stock market trading board.
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    jpgfactory via Getty Images
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    Public builders flag initial tariff impacts

    While a few major contractors characterized the environment as business as usual, some noted that uncertainty is keeping clients on the sidelines. 

    By Construction Dive Staff • May 15, 2025
  • A rendering of a bridge over a river.
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    Courtesy of Skanska
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    Skanska downgrades US construction outlook

    CEO Anders Danielsson said in an earnings call that customers have taken longer to decide to invest amid economic uncertainty, but its pipeline remains strong.

    By • Updated May 13, 2025
  • Exterior shot of an office building.
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    Courtesy of Burns & McDonnell
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    Burns & McDonnell opens new office in San Antonio

    The move expands the Missouri-based contractor’s presence in the Lone Star State and will enable it to meet growing demand for infrastructure.

    By • May 13, 2025
  • Secant pile installation on Manhattan’s west side is nearly complete. Next, workers will excavate and install the box tunnel.
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    Courtesy of Gateway Development Commission
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    Tutor Perini turns a profit on growing backlog

    The Los Angeles-based contractor reported a record pipeline of work, raised its outlook for the first time in company history and expressed confidence in the face of tariffs.

    By • May 12, 2025
  • people at NAWIC
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    Permission granted by NAWIC, Photo taken by Paul Brandner
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    Sponsored by National Association of Women in Construction

    Futurist to share her vision for women in construction at NAWIC Annual Conference

    Innovation strategist Nikki Greenberg will discuss generational and technological industry changes, and how to best prepare for the future.

    By NAWIC Staff • May 12, 2025
  • An empty Wall Street subway station
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    art2002 via Getty Images
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    M&A activity cools amid instability: WSP

    CEO Alexandre L’Heureux nonetheless sees a strong year ahead for North America, he said in a Q1 earnings call.

    By • May 9, 2025
  • Flags fly at full staff outside the NYSE with the Wall ST sign in the foreground
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    Kena Betancur via Getty Images
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    AECOM sees delays, deferrals tied to Trump policies

    Although some clients have postponed decisions due to uncertainty in Washington, in a Q2 earnings call CEO Troy Rudd maintained he is bullish on the president’s deregulation push.

    By • May 7, 2025
  • An aerial view of State Highway 6 in Brazos County, Texas.
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    Courtesy of Fluor
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    Fluor says most customers forging ahead despite tariffs

    Some clients are awaiting “market clarity and cost certainty” before making final investment decisions, new CEO Jim Breuer said in an earnings call.

    By • May 6, 2025
  • A large piece of construction equipment looms in the foreground, on a bright, sunny day, made of steel piping.
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    Permission granted by Turner Construction
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    Turner launches offsite manufacturing company

    Its new subsidiary, xPL Offsite, will target projects in the advanced technology segment while also eyeing opportunities outside of that niche.

    By • May 6, 2025
  • A gray stone building sits in the foreground, with a hint of asphalt in the front. The logo of PCL sits on the top right.
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    Permission granted by PCL Construction
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    PCL to open Phoenix office

    A 20-year company vet will lead the charge in the contractor's push to bolster its commercial building focus in the region.

    By • May 5, 2025
  • A wide angle photo shows road widening construction work underway in Tucson, Arizona.
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    Courtesy of Granite Construction
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    Granite shrugs off tariff impacts, hints at new IIJA

    The California-based civil builder’s CEO said the firm hasn’t been hampered by levies and that there’s political will in Congress for a follow-on infrastructure law. 

    By • May 2, 2025
  • A Genentech sign in front of its headquarters in South San Francisco, California.
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    Justin Sullivan via Getty Images
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    Executive Moves

    Dome Construction picks Matoza for CFO role

    The South San Francisco-based contractor was an early player in the biotech and advanced manufacturing construction markets.

    By • April 30, 2025
  • headquarters of W.E. O'Neil
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    Courtesy of W.E. O'Neil
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    Bill O’Neil, former W.E. O’Neil CEO, dies at 83

    A third-generation builder, O’Neil led the Chicago-based construction firm for 29 years and oversaw the company’s national expansion.

    By • April 25, 2025