Corporate News
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5 joint ventures vie for $650M New York lab project
Teams that include Skanska, AECOM Tishman, McCarthy, Turner and more have until Jan. 15 to submit proposals for the state Department of Health's new public health lab.
By Kim Slowey • Sept. 18, 2018
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Tutor Perini's Q2 backlog a record $8.7B
Although its earnings declined 14.5% to just under $28 million, its current and future contracts value increased 15% from the same quarter last year.
By Kim Slowey • Aug. 15, 2018
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AECOM hit record $5B revenue, earned $61M in Q3
Despite the sales boost, the construction giant's income was down nearly 40% from the prior year's third quarter. An executive said the firm is trying to narrow its focus rather than "being all things to all people."
By Laurie Cowin • Aug. 10, 2018
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Jacobs posts strong Q3, touts last year's acquisition of CH2M Hill
The December absorption, which chairman Steven Demetriou said is surpassing expectations, has been a factor in the engineering-focused construction firm's year-over-year revenue gains of 65%.
By Laurie Cowin • Aug. 09, 2018
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LafargeHolcim acquires Denver-based concrete company
With the absorption of Metro Mix, the international cement and concrete giant aims to cash in on a building boom in the acquiree's regional market.
By Kim Slowey • Aug. 08, 2018
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WSP to buy Louis Berger for $400M
The acquisition will be a merging of international giants in the engineering professional services field.
By Kim Slowey • Aug. 01, 2018
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Skender plans Chicago modular manufacturing facility
The contractor-turned-modular builder said the plant will help merge design, manufacturing and construction into one process and shave up to 40% off schedule and 20% off costs.
By Kim Slowey • July 27, 2018
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Katerra plans more advanced, autonomous prefab plant
Robotics and automation will play a big part in the Tracy, California, plant's capacity to deliver the equivalent of 12,500 modular multifamily units annually.
By Kim Slowey • July 13, 2018
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Brasfield & Gorrie offers hands-on construction tech program
The contractor partnered with the University of Alabama to provide real-world experience with 3D printing, modeling and modular manufacturing methods.
By Kathleen Brown • July 11, 2018
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Populous introduces sports venue design-build service
The architecture firm's design-build service is tailored to meet the relatively short off-season in which venue owners can make changes.
By Kim Slowey • July 10, 2018
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Fortive to buy software firm Gordian for $775M cash
Fortive expects the construction software and data firm to generate $130 million this year and anticipates a 10% return on capital within five years.
By Kim Slowey • July 06, 2018
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Katerra's new company with Indian manufacturer KEF already has $3.7 billion in bookings
Katerra's latest in a string of acquisitions will see the offsite construction company create a new entity with KEF Infra and expand its global footprint.
By Kim Slowey • June 29, 2018
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AECOM teams with Chinese firm on integrated delivery
Among other projects, the joint venture has agreed to deliver the London Spire, which is expected to be the tallest residential development in Western Europe.
By Kim Slowey • June 12, 2018
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PCL ramps up sports construction business with new hires
PCL Construction's two new executives have worked on more than $6 billion of sports-related projects in the last four years.
By Kim Slowey • June 11, 2018
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Canada rejects Chinese firm's $1B Aecon buy, cites national security concerns
The Canadian government has been weighing the national security implications of the deal since February.
By Kim Slowey • June 06, 2018
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The top 10 commercial construction companies
These are the heavy hitters of the industry, with large-scale projects ranging from high-rises to hyperloops.
By Construction Dive Editors
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25K construction workers to be trained on fall protection
Ladder manufacturer Werner will hold more than 200 training sessions to help prevent the leading cause of U.S. construction deaths.
By Kim Slowey • May 03, 2018
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Deep DiveWhat you need to know about the construction industry's labor shortage
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Home Depot giving $50M for construction skills training
Such programs are part of an industry-wide push to encourage millennials and generations after them to explore the trades.
By Kim Slowey • March 12, 2018
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Entergy breaks ground on $872M power station
The new plant is expected to lower customer energy costs and reduce carbon dioxide emissions.
By Kim Slowey • Jan. 24, 2018
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NH's Keene State to offer construction safety degree
College officials said this will be the first degree program of its kind in the U.S.
By Kim Slowey • Jan. 23, 2018
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Amazon unveils top 20 contenders for HQ2
Let the jockeying begin: Amazon will make a final decision this year after a deeper dive into each city's potential.
By Daphne Howland • Jan. 18, 2018
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Trimble exec: BIM, constructible data will transform industry
Software maker Trimble is teaming up with Dutch construction company VolkerWessels to hone BIM capabilities and better leverage project data.
By Mary Tyler March • Jan. 17, 2018
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Green Building Initiative buys global rights to Green Globes rating system
The deal allows nonprofit GBI to expand the sustainability rating system for commercial and multifamily buildings worldwide.
By Kim Slowey • Jan. 17, 2018
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Amazon could be leaning toward Boston for new HQ2
The company's leasing efforts in the seaport city mimic the first phase of its HQ2 plan.
By Kim Slowey • Jan. 12, 2018