The biggest industry drivers behind the growing need for excellent project financial control

Discover the urgent need for robust project financial control in the competitive construction landscape.

Dec. 11, 2023

Construction starts on $550M theme park in Frisco, Texas

Balfour Beatty broke ground last month on Universal Kids Resort, which includes a 300-room hotel, rides and shops.

By Julie Strupp • Dec. 8, 2023

Explore the 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

Granite buys 2 Memphis asphalt firms for $278M

The move makes good on the California road builder’s promise to expand its aggregates and materials business in new markets. 

By Joe Bousquin • Dec. 7, 2023

HITT unveils plans for high-tech HQ

Space on the first floor of the company’s six-story, 270,000-square-foot headquarters in Falls Church, Virginia, will house Virginia Tech’s Coalition for Smart Construction.

By Matthew Thibault • Dec. 6, 2023

Gilbane promotes Heidi DeBenedetti to COO

During her nine-year tenure with the firm, DeBenedetti has led 650 employees and overseen annual revenue over $1.5 billion.

By Matthew Thibault • Dec. 5, 2023

Swinerton taps new Carolinas lead

Following increased investment in the Atlanta market, the appointment demonstrates how bullish the contractor is on the region’s potential.

By Matthew Thibault • Dec. 1, 2023

Gilbane nabs $5B Mayo Clinic expansion in Minnesota

The medical complex in Rochester will feature buildings with rooms and floors that can convert to different functions, removing a typical limitation in healthcare construction.

By Matthew Thibault • Nov. 30, 2023

November 2023 wins: Contractors report their latest awards

Construction Dive rounds up the newest project wins from some of the country’s biggest builders.

By Construction Dive Staff • Nov. 29, 2023

Profits fall for many public firms, partly due to inflation

Amid soaring costs, several construction industry giants reported lower gains in recent earnings reports.

By Construction Dive Staff • Nov. 28, 2023

Planning for the year ahead: A look at how we build now

Get insights from more than 1,000 construction professionals to help paint a better picture into how leaders are thinking about the economy, its impact on construction and planning for 2024.

Nov. 27, 2023

Jacobs profits drop amid higher backlog, strategy shift

The firm will combine its government services business with Amentum, a global engineering and technology solutions provider.

By Sebastian Obando • Nov. 21, 2023

3 steps to a profitable exit strategy

To make the most money when it’s time to sell, owners need to focus on building value in their firms, writes construction consultant Matt Verderamo.

By Matt Verderamo • Nov. 21, 2023

Ron Tutor to step down as Tutor Perini CEO in 2025

Gary Smalley, the firm’s CFO since 2015, will succeed Tutor as chief executive officer. 

By Joe Bousquin • Nov. 17, 2023

Contech surpasses $30B in total venture funding

More construction technology providers will reach unicorn status even as venture capital slows in other sectors, according to an investment firm focused on the industry.

By Matthew Thibault • Nov. 15, 2023

AECOM’s profits plunge on higher revenue, backlog

CEO Troy Rudd said the strong U.S. dollar, which erodes the value of international contracts paid with foreign currency, impacted results.

By Julie Strupp • Nov. 15, 2023

‘Each day comes with surprises,’ project manager says

MGAC’s Kristina Leighty sees her role as the glue that holds a job together.

By Jennifer Goodman • Nov. 15, 2023

WSP’s US CEO to retire

The Montreal-based firm has initiated a search to replace Lou Cornell, a construction industry veteran who has also worked at Jacobs and AECOM.

By Jennifer Goodman • Nov. 14, 2023

Suffolk taps Tutor Perini veteran for gaming exec role

Prior to his arrival, Chris Creasey worked on gaming projects in Las Vegas, Florida and California.

By Matthew Thibault • Nov. 13, 2023

Tutor Perini’s loss widens on continued legal disputes

The Los Angeles-based heavy civil contractor said it is working to resolve most of its outstanding litigation by the end of 2024.

By Joe Bousquin • Nov. 13, 2023

WSP’s profit, revenue, backlog up in Q3

The Montreal-based firm sees a positive outlook for its green transition work and reaffirmed the guidance that it raised last quarter.

By Julie Strupp • Nov. 9, 2023

Microsoft-backed study shows AI investments producing returns

For every $1 companies invest in AI, they are realizing an average of $3.50 in return, the report says.

By Alexei Alexis • Nov. 8, 2023

8 ways to build your brand

Contractors often downplay marketing efforts and instead rely on word-of-mouth connections, but a few simple steps can help find new clients, says a construction branding expert.

By Chemene Phillips • Nov. 7, 2023

Sandherr to retire after 27 years as AGC head

CEO Stephen Sandherr will leave the Washington, D.C.-based association in March, when current COO Jeffrey Shoaf will replace him.

By Zachary Phillips • Nov. 6, 2023

Google still reviewing options for Bay Area project

After Lendlease said agreements to build four developments worth $15 billion were no longer mutually beneficial, the tech giant said it continues investigating ways to move forward.

By Joe Bousquin • Updated Nov. 8, 2023

Fluor earnings rise as legacy projects wind down

Strength in its energy and urban solutions segments built on the positive momentum from the previous quarter.

By Sebastian Obando • Nov. 3, 2023