Corporate News

Jacobs CEO identifies 3 'multi-decade investment opportunities'

The Dallas-based firm also reported last week that its backlog increased 12% year over year, while revenue grew 1.9%.

By Leslie Shaver • Nov. 29, 2021

Atlanta-based AI firm wins global construction tech contest

The 2021 Construction Startup Competition, sponsored by materials giant Cemex, awards solutions that take on key industry challenges.

By Matthew Thibault • Nov. 23, 2021

Chen Moore expands into electrical engineering with Fred Wilson acquisition

The Fort Lauderdale, Florida-based civil engineering firm has diversified its services and gained a foothold in the Jacksonville market.

By Mary Salmonsen • Nov. 23, 2021

RC Andersen joins STO Building Group

The merger leaves both companies in a position to take advantage of the current boom in industrial construction.

By Jeffrey Steele • Nov. 16, 2021

AECOM CEO: 'We are positioned to benefit from nearly every line item' in infrastructure bill

The global construction and engineering firm is eyeing more civil work as its margins hit record highs.

By Leslie Shaver • Nov. 16, 2021

$286M renovation brings new life to century-old General Electric plant in Indiana

Weigand Construction faced material shortages and design constraints while reinvigorating the historic Fort Wayne GE campus.

By Jeffrey Steele • Nov. 15, 2021

Fluor reports revenue and backlog drop, raises guidance

Segments focused on government and infrastructure work dropped, but the company expects its energy solutions segment to pick up significantly.

By Sebastian Obando • Nov. 8, 2021

Community feedback prompts updates to Amazon's HQ2 second phase

The revised plan for the PenPlace site in Virginia includes wider paths, bike lanes and changes to the architecture of some of the complex's office buildings.

By Mary Salmonsen • Nov. 5, 2021

News report: Evergrande's unfinished $1.8B stadium taken over by Chinese government

The government agency hopes to sell the struggling real estate giant's project in Guangzhou, Reuters reported.

By Matthew Thibault • Updated Nov. 29, 2021

Locking in materials costs and trade partners early helps A&P mitigate shortages

Adolfson and Peterson is securing materials and subs before projects begin, according to division president Will Pender.

By Leslie Shaver • Nov. 2, 2021

Granite posts flat revenue amid competitive bidding environment

The California-based contractor said issues such as high material costs, uncertainty over public funding and labor shortages are creating a dim outlook.

By Joe Bousquin • Oct. 29, 2021

Supplier Zekelman contributes $1M to Kabul rescue mission

The funds from the Chicago-based steel pipe and electrical conduit company helped pay for two charter flights to evacuate 534 people. 

By Joe Bousquin • Oct. 27, 2021

Fast food brand Portillo's eyes massive expansion following its $405M IPO

The hot dog chain plans to scale up from 67 locations to 600, growing within the Midwest and into the Sunbelt states.

By Julie Littman • Oct. 27, 2021

Skanska/Traylor Bros. chosen for $1.6B Portal North Bridge project in New Jersey

The key rail link between Newark and New York City won't have to accommodate marine traffic like the old span, which should ease travel along the Northeast Corridor.

By Julie Strupp • Oct. 19, 2021

5 signs you need a data engineer

If any of these scenarios sound familiar, there's a good chance you need expert help with your data analysis.

Oct. 18, 2021

From guarding an NHL goal to helming Knutson Construction

New company president John C. Curry sees diversity and inclusion as one way to unlock the labor market.

By Leslie Shaver • Oct. 14, 2021

What does Katerra's demise mean for the contech and modular industries?

The company was supposed to revolutionize construction. Instead, it went bankrupt when it couldn't convince developers and builders to move away from their traditional subcontractors.

By Sebastian Obando • Oct. 13, 2021

The top 10 home building companies of 2021

Residential construction is booming. Here is where it's the hottest and which contractors are cashing in the most.

By Jennifer Goodman • Oct. 11, 2021

Biden touts vaccine mandate at Clayco jobsite visit

The president visited the suburban Chicago data center project to highlight the importance of vaccinated workers in construction and other industries.

By Matthew Thibault • Oct. 11, 2021

Contractors lost $1.8 trillion globally in 2020 due to bad data, new report says

Bad data also may have caused 14% of all rework, accounting for $88 billion in losses, per Autodesk and FMI Consulting's survey.

By Matthew Thibault • Sept. 22, 2021

Adolfson & Peterson unveils special projects division for jobs under $5M

The new Arizona-based team will specialize in smaller projects in an effort to diversify the company's portfolio and keep bigger jobs on track.

By Jeffrey Steele • Sept. 21, 2021

Clark launches small business inclusion program

The company is committed to achieving at least 15% small or disadvantaged business participation on all jobs — even those that don't mandate it.

By Jennifer Goodman • Sept. 14, 2021

LSU, Louisiana Tech launch infrastructure-focused engineering research center

The facility will study materials and how they perform in civil projects.

By Matthew Thibault • Sept. 14, 2021

Barton Malow launches 'Said Differently' podcast about 'untold stories from the jobsite'

The Michigan-based construction firm wants to use the project to connect with clients and recruit workers.

By Julie Strupp • Sept. 10, 2021

Clayco opens Phoenix office

The design-build firm is opening its second location in the western U.S. to be closer to clients and new talent.

By Jeffrey Steele • Sept. 1, 2021