Corporate News

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    Courtesy of Adolfson & Peterson
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    Q&A

    Exit Interview: Adolfson & Peterson’s outgoing CEO on war impacts, construction costs

    Over the past 10 years, Jeff Hansen led the builder through challenges such as inflation and a pandemic. He urges contractors not to “get over your ski tips.”

    By • April 8, 2026
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    Granite scoops up $114M job segment on California’s Highway 101

    The contractor won the last of seven mainline projects along an 11-mile stretch of the thoroughfare along the Pacific coast in Santa Barbara. 

    By • April 3, 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
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    Courtesy of Agratas
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    Cumming Group launches advanced tech division

    The advisory firm’s new Advanced Technology unit has helped it land a significant microprocessor project and multiple data center campuses, according to the company.

    By • March 31, 2026
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    Courtesy of UCF
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    Barton Malow makes C-suite, executive changes

    The shifts and additions in responsibility for four executives align with the contractor’s strategy of pursuing new businesses, according to a Barton Malow spokesperson.

    By • March 20, 2026
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    Permission granted by Swinerton
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    Swinerton taps NYC leader to head Northeast region

    Jay Quackenbush, former market head for the builder’s New York City region, plans to expand his new market’s reach into New England.

    By • March 19, 2026
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    AI, highway bill dominate builders’ focus

    In the most recent earnings calls and financial reports, contractors focused on the frenzy around data center construction and potentially higher transportation funding. 

    By • March 16, 2026
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    With record backlog, Balfour Beatty targets more U.S. data center jobs

    The London-based infrastructure giant is bullish on its U.S. Buildings segment and U.K. power generation jobs, but old problems continue to rear their heads.

    By • March 12, 2026
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    Bryan Construction names new CFO

    With the appointment, the Colorado Springs, Colorado-based contractor will look to bolster its work in the federal and commercial construction markets.

    By • March 12, 2026
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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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    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
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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
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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
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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
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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
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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