Corporate News

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    Permission granted by Danny Sandler, DPR Construction
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    DPR opens new Silicon Valley HQ, establishes tech-forward prefab lab

    The assembly facility will help advance the firm’s strategy to build modularized components for data centers and mission critical facilities.

    By • March 4, 2026
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    Justin Sullivan via Getty Images
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    AI boom propels Nvidia to record $215B in annual revenue

    The data center segment soared as deliveries of the Blackwell architecture ramped up, the company said.

    By Roberto Torres • March 4, 2026
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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
  • Aerial rendering of Meta’s $10 billion data center campus in Lebanon, Indiana
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    Courtesy of Meta
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    Data centers propelled Turner to record $29.2B in revenue in 2025

    Backlog reached $44.3 billion as hyperscaler data center projects, sports stadiums and healthcare jobs buoyed the contractor’s results.

    By • March 3, 2026
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    Courtesy of SmithGroup
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    Tutor Perini celebrates ‘best year ever,’ return to profitability in 2025

    The megaproject contractor said it won nine projects valued at a cumulative $16 billion in the last three years and has resumed work on New York City’s Gateway Project. 

    By • March 2, 2026
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    WSP cautions against ‘AI hysteria’ on Q4 earnings call

    The Montreal-based contractor emphasized the value of its “machine in the middle” approach and assured investors that its business proposition wouldn’t be replaced by the surging technology.

    By • Feb. 27, 2026
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    Courtesy of Republic Properties Corp.
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    After a decade, Balfour Beatty’s CFO to step down

    Phil Harrison, who joined the firm in 2015 and helped turn its finances around, will leave the role this year.

    By • Feb. 25, 2026
  • Two people stand in an industrial area with a collection of machines in front of them. They are not wearing safety gear, as it's more of a lab setting than a jobsite.
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    Courtesy of Autodesk
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    Autodesk invests $200M in AI startup

    Amid a groundswell of support for physical artificial intelligence, the bet on World Labs marks the largest outlay for a startup in the contech giant’s history.

    By • Feb. 25, 2026
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    Courtesy of Adolfson & Peterson
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    Contractors start 2026 with executive moves

    The new year marked a time for change for these builders that made leadership shifts during the first two months of 2026.

    By • Feb. 24, 2026
  • 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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    Suffolk bolsters semiconductor division with new hire

    Clem Wood joins the builder as the advanced tech market continues to build on its already impressive momentum amid the U.S. reshoring effort.

    By • Feb. 23, 2026
  • Glassy exterior of the new Concourse D at O’Hare International Airport in Chicago.
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    Courtesy of Skidmore, Owings & Merrill
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    AECOM to leverage TomTom’s location tech

    The Dallas-based contractor will integrate the location and mapping provider’s live traffic data into infrastructure planning to improve safety and efficiency.

    By • Feb. 18, 2026
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    Fluor lost $1.57B in Q4, expects 2026 rebound

    The company has adopted artificial intelligence across its project planning and delivery cycle, CEO Jim Breuer said during the firm's earnings call.

    By • Feb. 18, 2026
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    Courtesy of Adolfson & Peterson
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    Adolfson & Peterson taps new CEO

    Brad Hendrickson will take the helm of the Minneapolis-based builder one year after becoming the firm’s chief operating officer.

    By • Feb. 13, 2026
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    Spencer Platt via Getty Images
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    Pending highway bill ‘significantly higher’ than IIJA: Granite CEO

    The California-based contractor also noted an acceleration of about $40 billion in federal border infrastructure spending and said it was looking to buy more companies.

    By • Feb. 12, 2026
  • A square bar with the word "bedrock" sits atop a yellow piece of heavy machinery on a bright day.
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    Courtesy of Bedrock Robotics
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    Bedrock Robotics raises $270M in red-hot AI sector

    The autonomous construction tech provider now boasts total funding of over $350 million and a valuation of $1.75 billion.

    By • Feb. 11, 2026
  • A large gray-ish stone building looms in the foreground. A red circle with the name "Bechtel" is emblazoned on the structure.
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    Permission granted by Bechtel
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    Bechtel establishes new role for tech overhaul of project delivery

    The Reston, Virginia-based builder tapped John Platt, a 25-year veteran, to lead the tech transformation of its engineering, procurement and construction delivery method.

    By • Feb. 11, 2026
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    AECOM pins hopes on highway bill as revenue, profits drop

    Higher backlog, data center construction and the federal surface transportation authorization before Congress should provide positive momentum, executives said on a fiscal first-quarter earnings call. 

    By • Feb. 11, 2026
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    Bell Construction adds 4 new owners

    The Brentwood, Tennessee-based builder tapped project executives across the infrastructure, higher education and special projects divisions for its ownership group.

    By • Feb. 10, 2026
  • Rendering of Hut 8's $10 billion data center project
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    Courtesy of Hut 8
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    AI demand boosts Jacobs’ data center, semiconductor pipeline

    The Dallas-based contractor reported gains in profit and revenue for its fiscal first quarter in a Tuesday earnings call.

    By • Feb. 4, 2026
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    Courtesy of Fortis Construction
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    Fortis Construction names new president

    Andrea Weisheimer, formerly of DPR Construction and Webcor Builders, will focus on building the Oregon firm’s national presence.

    By • Feb. 4, 2026
  • Caterpillar equipment is parked on a lot at Peterson Tractor Co. on July 24, 2019, in San Leandro, California.
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    Justin Sullivan/Getty Images via Getty Images
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    Caterpillar’s Q4 sales hit record high and build momentum for 2026

    The heavy-equipment maker recently struck a deal to supply generators for a multibillion-dollar data center development in West Virginia.

    By Nathan Owens • Feb. 2, 2026
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    Permission granted by Rosendin Holdings
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    Amid data center boom, Rosendin parent expands executive structure

    Rosendin Holdings, parent firm of the nationwide electrical subcontractor, has adopted a co-president model amid the white-hot AI infrastructure surge.

    By • Feb. 2, 2026
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    Courtesy of Turner Construction / Digital Sky
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    Turner establishes equipment rental, site services firm

    First Equipment Company will expand its services to more than 40,000 Turner trade partners, as well as to other contractors across the country.

    By • Jan. 22, 2026
  • The exterior of a level office as it overlooks the water. The name on the top of the office is "Procore."
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    Permission granted by Procore
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    Procore acquires vertical AI firm

    The purchase of Datagrid gives the contech giant a host of new agents for contractors and integration into additional ERP and cloud systems.

    By • Jan. 21, 2026
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    Courtesy of Bombardier
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    Kratos and Bombardier announce new facilities to kick off 2026

    In addition to the defense technology and aircraft expansions, Becton, Dickinson and Co. plans to spend $110 million on its flush syringe facility in Nebraska.

    By Jeffrey Kinney • Jan. 20, 2026
  • CLOs, ACC, lawyers, 2025 in-house trends
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    Q&A

    Why construction M&A activity is likely to continue in 2026

    Tariffs and new tax laws have given foreign-based engineering firms incentive to establish a beachhead within the U.S. to lower costs, according to an attorney. 

    By • Jan. 12, 2026