Corporate News: Page 12

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    Granite posts Q2 loss amid record backlog

    The California contractor lowered its guidance but sees more IIJA dollars ahead.

    By • July 28, 2023
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    milehightraveler/iStock/Getty Images Plus via Getty Images
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    Executive Moves

    Colorado’s CFC Construction names new president

    The firm, acquired in 2022 by Salt Lake City, Utah-based Big D Construction, has continued to operate independently with its own local management.

    By • July 28, 2023
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    Courtesy of Northwestern Mutual
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    July 2023 Project Wins: The country’s top contractors report their latest awards

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

    By Construction Dive Staff • July 27, 2023
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    lamontak590623 via Getty Images
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    Executive Moves

    Mycon promotes 2 to vice president

    Chip Myers and Jason Meuth will help lead the company’s Southeast expansion and development of business around automation.

    By • July 26, 2023
  • Photo of modules at the LNG Canada project in Kitimat, British Columbia, Canada.
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    Courtesy of Business Wire
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    Project Milestones

    Fluor hits milestone on $30B Canadian energy project

    The LNG Canada job in Kitimat, British Columbia, employs modules fabricated in China.

    By • July 25, 2023
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    Courtesy of Swinerton
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    Swinerton strengthens Atlanta foothold with new exec, office expansion

    The company expects its Atlanta division to top $150 million in revenue, a 130% increase year over year.

    By • July 25, 2023
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    Permission granted by Kitchell
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    Q&A

    New CEO sees strength in Kitchell’s diverse offerings

    With four operating companies and a nearly 75-year history, the Southwest firm is poised to take on new opportunities, said Wendy Cohen.

    By • July 20, 2023
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    Spencer Platt via Getty Images
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    Executive Moves

    The Boldt Co. hires LaSalle’s Brad VanGorder as Detroit lead

    The 16-year construction veteran’s experience includes automotive, technology, commercial, municipal and health builds.

    By • July 19, 2023
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    Courtesy of Jacobs Solutions
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    Q&A // Executive Moves

    Jacobs targets coastal resilience markets

    The Dallas-based contractor aims to expand its water infrastructure and climate adaptation work with its latest personnel move.

    By • July 18, 2023
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    Courtesy of Lendlease/David Joshua Ford
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    Lendlease cuts 10% of staff worldwide

    The Australian contractor and developer confirmed the layoffs of about 740 workers to Construction Dive. 

    By • Updated July 18, 2023
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    Permission granted by Suffolk
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    Suffolk’s tech VC arm closes $110M inaugural fund

    The Boston-based contractor’s investment business sees artificial intelligence, automation and sustainability as key innovation themes in construction.

    By • July 12, 2023
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    Permission granted by AECOM
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    Q&A

    AECOM’s Poloni: ‘We can’t afford to ignore diversity’

    The president of one of the country's largest contractors encourages other women in construction to say yes to new opportunities.

    By • July 12, 2023
  • Two male construction workers in orange vests and hard hats look at a laptop intently. They are on an active construction site.
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    Paul Bradbury via Getty Images
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    Companies lose millions chasing data, information

    A new report on wasted efforts in the office paints a stark picture for construction and other businesses that fall behind in the tech adoption race.

    By • July 11, 2023
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    Courtesy of Bechtel
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    Bechtel opens new Arizona office amid semiconductor boom

    The location will help the contractor take advantage of a computer chip manufacturing wave in the area.

    By • July 10, 2023
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    Courtesy of Granite Construction
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    Project Wins

    Granite snares $48M Texas flood control job from USACE

    The project in Wharton, Texas, will protect the city from historical flooding along the Colorado River. 

    By • July 7, 2023
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    Permission granted by Associated General Contractors of America
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    Friday Feedback: Which materials are most expensive?

    As prices remain above pre-COVID levels, Construction Dive wants to know how your firm is coping.

    By • July 7, 2023
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    Permission granted by Lendlease
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    Executive Moves

    Lendlease names new Europe CEO

    Andrea Ruckstuhl assumed leadership of the Australian contractor and developer’s European business effective July 3.

    By • July 7, 2023
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    Courtesy of Jacobsen Construction Co.
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    Executive Moves

    Salt Lake City contractor hires tech-focused VP

    Heather Soderquist will be Jacobsen Construction’s first vice president of innovation.

    By • July 5, 2023
  • Multiple lanes of highway cross over each other, with a newly poured bridge and construction equipment in the foreground.
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    Courtesy of Superior Construction
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    June 2023 Project Wins: The country’s top contractors report their latest awards

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

    By Construction Dive Staff • June 30, 2023
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    iStock/Getty via Getty Images
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    Opinion

    Midyear check-in: How’s your construction firm doing?

    At the halfway point of 2023, UBS financial advisor Jason Lowy says that construction leaders should assess their year-end goals.

    By Jason Lowy • June 29, 2023
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    Courtesy of Prologis
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    Prologis acquires $3.1B Blackstone portfolio as industrial market cools

    The multibillion-dollar move expands the real estate investment trust’s overall industrial portfolio into several key markets across the U.S.

    By • June 29, 2023
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    AzmanL via Getty Images
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    Contech Funding

    Contech firms rake in funding

    Investors poured millions into tech startups as the construction industry hungers for more offerings.

    By • June 28, 2023
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    Bryan Bedder / Stringer via Getty Images
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    Executive Moves

    NYC construction firm hires former Shawmut exec

    Schimenti Construction’s new director of business development, Jim Scarpone, said retail, restaurants and health clubs are experiencing a growth spurt coming out of the pandemic.

    By • June 28, 2023
  • Shawmut CEO Les Hiscoe
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    Courtesy of Shawmut
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    Contractors open new offices in first half of 2023

    Construction companies like Clark, Shawmut and Messer are expanding into new markets around the country.

    By • June 27, 2023
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    simonkr via Getty Images
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    Q&A

    After acquisition, midsize contractor gains ‘a lot of opportunities,’ exec says

    Kevin Foltermann, the vice president of Texas for W.E. O’Neil, spoke to Construction Dive about his company’s future, the addition of dedicated contech professionals and more.

    By • June 26, 2023