Corporate News: Page 17
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Deadline extended for jobsite Holiday Lights contest
Tomorrow at noon EST is the last chance to submit photos for Construction Dive’s annual competition.
By Matthew Thibault • Updated Dec. 19, 2022 -
Jacobs beats estimates, shares slump on currency headwinds
The construction and engineering giant reported higher revenues and backlog, but interest and foreign currency exchange impacts weighed on its shares.
By Sebastian Obando • Nov. 22, 2022 -
Q&A
What this Kitchell exec loves about preconstruction
Over her 18-year career in healthcare and higher ed construction, Julie Garcia has learned the importance of sweating the details and fixing problems early.
By Jennifer Goodman • Nov. 17, 2022 -
AECOM beats on earnings, misses on revenue
The firm's CEO said slower-than-expected IIJA funding has pushed back the timeline of infrastructure construction projects.
By Joe Bousquin • Nov. 15, 2022 -
Procore launches payment service
The software giant announced that Procore Pay will streamline lien waiver collection and feature expedited invoice review.
By Matthew Thibault • Nov. 14, 2022 -
Fluor to pay $33M settlement in securities fraud lawsuit
A federal judge in Texas granted the motion for final approval for the settlement between the contractor and investors.
By Sebastian Obando • Nov. 14, 2022 -
Sponsored by BambooHR
5 ways to improve employee retention before their first day and beyond
Your employees are your business’s most valuable asset. That means employee retention is likely one of your top priorities, but it’s also increasingly difficult in the current job market.
By Brian Anderson, BambooHR • Nov. 14, 2022 -
WSP posts rosy Q3 revenue and backlog, increases guidance
The Montreal-based mega contractor also reported massive workforce growth in the past year, due in large part to its acquisition spree.
By Julie Strupp • Nov. 10, 2022 -
ajay_suresh via Flickr
Project WinsTurner nabs $236M GSA contract in Manhattan
The country’s largest GC will assume the role of construction manager as contractor on a modernization project at the Silvio J. Mollo Federal Building.
By Joe Bousquin • Nov. 10, 2022 -
Racism in Construction
Judge dismisses construction worker’s discrimination charges against Microsoft
A federal judge ruled the software company was not the employer of a construction worker who performed tasks for a Skanska-Balfour Beatty JV.
By Joe Bousquin • Nov. 9, 2022 -
Construction events for the second half of 2023
It’s time to plan for the rest of this year. Construction Dive has you covered with a full list of the industry conferences, expos and meetings coming up.
By Matthew Thibault • Updated June 27, 2023 -
Tutor Perini posts third consecutive loss of 2022, beats on revenue
The contractor again pointed to the future for a profit turnaround, citing project execution issues and adverse legal rulings.
By Joe Bousquin • Nov. 7, 2022 -
Fluor beats revenues estimates, misses on EPS
Fluor posted higher-than-expected revenue during the third quarter, but three legacy infrastructure projects continue to cause challenges.
By Sebastian Obando • Nov. 4, 2022 -
Sponsored by Newforma
Finding common ground: Removing barriers to effective external collaboration
The AEC industry is ready to improve external collaboration. But who takes the first step remains a question.
Oct. 31, 2022 -
Granite Construction’s profits flat, revenue falls in Q3
The Watsonville, California-based contractor nonetheless raised its guidance, and expects a stronger 2023 as it burns the last of its less profitable projects and snags IIJA work.
By Julie Strupp • Oct. 28, 2022 -
Project Wins
Tutor Perini snares 3 federal jobs for $164M
Work will include hurricane repairs at a U.S. Coast Guard facility in Puerto Rico and an upgrade project at a historic hotel in Yosemite National Park.
By Joe Bousquin • Oct. 24, 2022 -
Q&A // Construction Inclusion Week
Mortenson’s CEO on creating a playbook to respond to hate
Dan Johnson talks about the importance of shining a light on jobsite discrimination and rooting out those who bring the industry down.
By Joe Bousquin • Oct. 18, 2022 -
Q&A
Construction management firm CEO: recession ‘feels like a self-fulfilling prophecy’
Construction Dive talks with Frank Ciminelli, president and CEO of Buffalo, New York-based Arc Building Partners, about the pandemic, a potential recession and other challenges in the industry.
By Sebastian Obando • Oct. 11, 2022 -
Jacobs completes nearly 10 miles of $2.6B rail expansion in New York
Infrastructure expansion, such as the Long Island Rail Road project, should continue to boost Jacobs’ long-term business.
By Sebastian Obando • Oct. 6, 2022 -
Lendlease Americas names new CEO
Claire Johnston has overseen the firm’s military housing portfolio and its Bay Area development venture with Google.
By Jennifer Goodman • Oct. 6, 2022 -
September 2022 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 • Oct. 6, 2022 -
Sponsored by American Express
American Express equips construction businesses with tools to help maximize growth
Now is the time for construction business owners to ensure they have the right financial solutions in their toolbox.
Oct. 3, 2022 -
Project Wins
Fluor selected for overseas manufacturing facility
The Irving, Texas-based company will perform procurement and construction management for a biologics manufacturing plant in Denmark.
By Sebastian Obando • Sept. 30, 2022 -
Ford breaks ground on $5.6B Tennessee EV project
The construction of electric vehicle factories in the U.S. is expected to increase in coming years, especially due to backing from the federal government.
By Sebastian Obando • Sept. 27, 2022 -
Tetra Tech trumps WSP bid for environmental firm RPS Group
The California-based contractor offered a 7.8% premium over the Canadian engineering giant’s price, but the fight may not be over.
By Julie Strupp • Sept. 26, 2022