Corporate News
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Balfour Beatty predicts growth in year-end update
The London-based builder projects a bump in revenue and backlog even as it said it faced delays in a number of its U.S. projects in the second half of 2024.
By Matthew Thibault • Dec. 6, 2024 -
Executive Moves
Fluor CFO Joe Brennan to retire after 30 years
John Regan, currently Fluor’s executive vice president and chief accounting officer, will step into the role on March 1, 2025.
By Sebastian Obando • Dec. 4, 2024 -
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 -
Enter Construction Dive’s annual Holiday Lights contest
The deadline for the yearly competition to show off your company’s seasonal spirit is Dec. 16.
By Construction Dive Staff • Dec. 2, 2024 -
Executive Moves
Skanska picks intern-turned-executive as EVP
Trevor Wyckoff, who joined the firm in 1998, will lead U.S. building operations in Oregon and Southwest Washington.
By Zachary Phillips • Dec. 2, 2024 -
Project Wins
Jacobs-McCarthy JV nabs $160M project in growing water sector
The project will expand the Robert W. Goldsworthy Desalter facility in Southern California to treat up to 9 million gallons of brackish water per day.
By Sebastian Obando • Dec. 2, 2024 -
November 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country's biggest builders including Skanska, Turner and Balfour Beatty.
By Construction Dive Staff • Nov. 27, 2024 -
Executive Moves
WSP names new transit and rail business head
Angela Schwarz will lead efforts to grow the firm’s presence in relevant markets and help oversee major transportation projects.
By Julie Strupp • Nov. 27, 2024 -
Public construction firms’ executives react to Trump win
Noting the prospect of lower taxes and fewer permitting hurdles, construction company leaders were mainly optimistic in the wake of the presidential election.
By Joe Bousquin • Nov. 25, 2024 -
Executive Moves
Swinerton picks client-focused exec to lead corporate services
Chris Chany helped grow the division’s portfolio from $300 million to just over $1 billion in revenue in four years, the firm said.
By Matthew Thibault • Nov. 25, 2024 -
AECOM optimistic about permit reform under Trump
The firm expects demand for water and other infrastructure work to remain strong, leaders said on a fiscal Q4 earnings call this week.
By Julie Strupp • Nov. 21, 2024 -
Demand for water, advanced facilities drive Jacobs’ growth
The burgeoning sectors drove double-digit gains across the Dallas-based firm’s portfolio, according to the company’s earnings call.
By Sebastian Obando • Nov. 20, 2024 -
Turner targets advanced tech builds in leadership revamp
With 40% of its revenues set to come from data centers, chip fabs and similar projects, the country’s biggest contractor is making moves to stay ahead of its growth.
By Joe Bousquin • Nov. 18, 2024 -
WSP leaders rosy on US work post election
The Canadian megacontractor reported higher revenue, profits and backlog in its third quarter, with plans for more acquisitions on the horizon.
By Julie Strupp • Nov. 12, 2024 -
Project Wins
Balfour Beatty snares $746M I-35 rebuild in Texas
The London-based contractor will reconstruct 2.5 miles of the highway through downtown Austin and build a link to the future light rail line.
By Julie Strupp • Nov. 12, 2024 -
With $14B in backlog, Tutor Perini will pursue fewer bids
There’s so much work and so few workers that the Los Angeles-based contractor is taking a hiatus from projects of $500 million or more.
By Joe Bousquin • Updated Nov. 13, 2024 -
Q&A
Infrastructure funds will continue to flow: PCL CEO
Chris Gower said one of the firm’s top priorities is to adapt to changes coming from a second Trump term.
By Matthew Thibault • Nov. 11, 2024 -
Fluor profits fall; data center and nuclear work offer upside
Project cancellations and delayed timing impacted the firm’s third quarter results, CFO Joe Brennan said during an earnings call last week.
By Sebastian Obando • Nov. 8, 2024 -
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 Matthew Thibault • Nov. 5, 2024 -
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 -
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 Joe Bousquin • Nov. 1, 2024 -
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 Sebastian Obando • Oct. 31, 2024 -
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 -
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 Julie Strupp • Oct. 29, 2024 -
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 Sebastian Obando • Oct. 29, 2024 -
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 Matthew Thibault • Oct. 28, 2024