Corporate News: Page 14


  • aerial view of Prologis' facility in Carteret, New Jersey
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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
  • A man in a suit and an orange safety vest uses a tablet on a construction site. The user is in the foreground and clear, the background is blurred.
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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
  • Construction site Explore the Trendline
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    sandsun via Getty Images
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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
  • Puma flagship store in New York City
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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
  • Colorado river passing by downtown Austin
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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
  • site for manufacturing facility
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    Courtesy of Entegris
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    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 June 15, 2023
  • Image of Amazon logo on Amazon building
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    Stefano Guidi/Getty Images via Getty Images
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    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 June 14, 2023
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    Maddie Meyer via Getty Images
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    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 June 13, 2023
  • A large, seemingly brick building looms in the foreground. A blue sky at midday is in the background.
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    Courtesy of Nicholas &
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    Chicagoland contractor opens new Tampa office

    Nicholas & Associates’ Florida office, its third, is farther afield from its dominant market in the Midwest.

    By June 8, 2023
  • A photo of the Miami Florida skyline
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    Photo by Joe Raedle/Getty Image via Getty Images
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    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 June 6, 2023
  • A rendering shows plans for two new leading-edge Intel processor factories in Licking County, Ohio.
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    Courtesy of Intel
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    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 June 5, 2023
  • The Toyota logo is displayed on the exterior of City Toyota
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    Justin Sullivan via Getty Images
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    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
  • A rendering of a mixed use development
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    Permission granted by Blach Construction
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    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 June 1, 2023
  • A mid-rise apartment building with a sign that reads "Ltd. by Greystar."
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    Courtesy of Greystar
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    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
  • A group of penguins gather in front of rockwork at SeaWorld in Orlando, Florida.
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    Xianghong Garrison/iStock/Getty Images Plus via Getty Images
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    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 May 31, 2023
  • Hensel Phelps broke ground on the NIH Clinical Research Center addition
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    Courtesy of National Institutes of Health
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    Project Milestones

    Hensel Phelps starts $630M NIH project in Maryland

    The Colorado-based general contractor expects to complete construction by 2029.

    By May 30, 2023
  • Turner Construction
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    Permission granted by Turner Construction
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    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 May 30, 2023
  • A red train passes on an open bridge spanning a stream and walking path.
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    Courtesy of Flatiron
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    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
  • Aerial image of Intel's manufacturing facility site in Licking County, Ohio.
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    Courtesy of Intel
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    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 May 25, 2023
  • Two glass buildings loom in the foreground, with green grass and concrete sidewalks below them on a cloudy day.
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    Retrieved from Lucas Jackson / Amazon on May 25, 2023
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    Project 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 May 25, 2023
  • A gleaming office building in Atlanta.
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    Courtesy of DPR
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    Executive Moves

    DPR Construction names new Atlanta lead

    Kali Bonnell has developed expertise in healthcare builds over her 14-year career.

    By May 25, 2023
  • Three construction workers are in the middle background, surrounded by work on a large construction site.
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    Drazen_ via Getty Images
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    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 May 24, 2023
  • Shawmut CEO Les Hiscoe
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    Courtesy of Shawmut
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    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 May 24, 2023
  • Three professional headshots.
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    Courtesy of Skanska USA
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    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 May 23, 2023
  • Headshot of Wendy Cohen
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    Permission granted by Kitchell Corp.
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    Executive Moves

    Wendy Cohen named CEO of Kitchell

    The 73-year-old firm builds, manages and develops projects in Texas, California and Arizona.

    By May 22, 2023