Corporate News: Page 14
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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 Sebastian Obando • June 29, 2023 -
Contech Funding
Contech firms rake in funding
Investors poured millions into tech startups as the construction industry hungers for more offerings.
By Matthew Thibault • June 28, 2023 -
Explore the Trendline➔
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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 Sebastian Obando • June 28, 2023 -
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 Matthew Thibault • June 27, 2023 -
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 Matthew Thibault • June 26, 2023 -
Project Milestones
Semiconductor company plans $600M investment in Colorado
The 100,000-square-foot facility forms part of Entegris’ new campus project, which is targeted to begin initial commercial operation in early 2025.
By Sebastian Obando • June 15, 2023 -
Amazon to demolish 9 Virginia office buildings to make way for data centers
The tech giant and other firms are evaluating ways to transform vacant office space for new uses.
By Sebastian Obando • June 14, 2023 -
Executive Moves
Suffolk appoints new chief growth officer
Suzanne Roeder will draw on her experience at Perch and Bain & Co. to help drive the firm's strategy.
By Matthew Thibault • June 13, 2023 -
Chicagoland contractor opens new Tampa office
Nicholas & Associates’ Florida office, its third, is farther afield from its dominant market in the Midwest.
By Matthew Thibault • June 8, 2023 -
Executive Moves
Shawmut nabs former Suffolk exec for new Florida lead
Alexis Leal’s industry experience also includes 25 years with Munila Construction Management.
By Jennifer Goodman • June 6, 2023 -
Executive Moves
Gilbane Building Co. names new CEO
The company tapped Adam R. Jelen to be its next leader, while current CEO Thomas M. Laird Jr. will move to chairman.
By Matthew Thibault • June 5, 2023 -
Toyota to invest another $2.1B in North Carolina EV battery factory
The plant’s additional production capacity will help the automaker launch its first U.S.-assembled electric SUV.
By Eric Walz • June 5, 2023 -
Executive Moves
California contractor makes CFO, IT appointments
The two new Blach Construction execs were hired from competitor Rudolph and Sletten and global tech giant Cisco Systems.
By Jennifer Goodman • June 1, 2023 -
Greystar launches attainable housing brand
With some built in the company’s newly opened modular factory, Ltd. by Greystar apartments will limit future rent increases for existing residents.
By Mary Salmonsen • May 31, 2023 -
PCL acquires specialty craft firm
The contractor bought The Companies of Nassal, an Orlando, Florida-based fabricator that focuses on rockwork for theme parks, zoos and aquariums.
By Matthew Thibault • May 31, 2023 -
Project Milestones
Hensel Phelps starts $630M NIH project in Maryland
The Colorado-based general contractor expects to complete construction by 2029.
By Sebastian Obando • May 30, 2023 -
Top 10 commercial contractors of 2023
Turner maintained its No. 1 ranking while first-timer MasTec claimed the third spot in this year’s list of construction industry giants.
By Matthew Thibault • May 30, 2023 -
May Project Wins: The country’s top 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 • May 26, 2023 -
Project Milestones
Intel starts next phase of $20B Ohio manufacturing project
Crews poured 1,500 cubic yards of concrete at the massive semiconductor facility in Licking County, Ohio.
By Sebastian Obando • May 25, 2023 -
Retrieved from Lucas Jackson / Amazon on May 25, 2023Project Milestones
Amazon opens first phase of $2.5B HQ2
Phase two of the e-commerce giant’s second headquarters, built in Arlington, Virginia, remains on pause.
By Matthew Thibault • May 25, 2023 -
Executive Moves
DPR Construction names new Atlanta lead
Kali Bonnell has developed expertise in healthcare builds over her 14-year career.
By Julie Strupp • May 25, 2023 -
Contech Funding
Construction management software BuildOps raises $50M
The company has drawn the attention of celebrity investors, including former Twitter CEO Dick Costolo and NFL Hall of Famer Joe Montana.
By Matthew Thibault • May 24, 2023 -
Shawmut unveils NYC office space in latest growth push
The Boston-based construction management firm identified a number of growth sectors to take advantage of within New York City.
By Sebastian Obando • May 24, 2023 -
Executive Moves
Skanska announces West Coast Civil team leadership change
As the division’s executive vice president Mike Aparicio approaches retirement, the team will transition management in August to ease the shift.
By Zachary Phillips • May 23, 2023 -
Executive Moves
Wendy Cohen named CEO of Kitchell
The 73-year-old firm builds, manages and develops projects in Texas, California and Arizona.
By Jennifer Goodman • May 22, 2023