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

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

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

WSP completes environmental services purchase for $1.8B

The Montreal-based contractor is on a buying spree to meet strong demand for climate-related work.

By Julie Strupp • Sept. 22, 2022

Shawmut targets NYC area growth

Dave Margolius, executive vice president of Shawmut’s New York City metro region, said the company wants to expand into healthcare and life sciences.

By Sebastian Obando • Sept. 21, 2022

Granite nixes plans to sell water, mineral units

Kyle Larkin, the firm’s president and CEO, said “current market conditions” meant the firm couldn’t get the price it wanted for the businesses.

By Joe Bousquin • Sept. 20, 2022

Jacobs taps Pragada as next CEO

The Dallas-based contractor’s president and COO, Bob Pragada, will take over for Steve Demetriou at the firm's helm starting Jan. 24, 2023.

By Sebastian Obando • Sept. 16, 2022

The importance of research in construction

Research helps show the construction industry where we are and where we’re going.

By Jonathan Arnholz, NCCER Digital Communications Manager • Sept. 6, 2022

ConTech Conversations: Tech has a ‘common language’ in every industry, says new Procore exec

Steve Davis brings decades of experience at companies like VRBO and Expedia to the construction industry.

By Matthew Thibault • Aug. 31, 2022

Public firms report lower profits, muted outlooks

Several construction industry giants saw profits fall and lowered their outlooks for the remainder of the year amid continued impacts from COVID-19 and inflation. 

By Joe Bousquin • Aug. 26, 2022

SEC charges Granite with fraud, firm pays $12M

The California-based contractor said it fully cooperated with the investigation, while the attorney for a former executive at the firm said he would fight the charges in court. 

By Joe Bousquin • Aug. 26, 2022

Jacobs rebrands, takes on new parent company name

The Dallas-based contractor is changing its name to Jacobs Solutions to reflect its focus on intelligence, infrastructure, cybersecurity and space.

By Sebastian Obando • Aug. 23, 2022

Global Infrastructure Solutions acquires Hill International for $173M

The merger will accelerate growth for Hill, one of the U.S.’s largest construction management firms, and expand GISI's consulting services.

By Julie Strupp • Aug. 19, 2022

Bechtel to move Houston office

The No. 2 commercial contractor in the country will downsize its regional office by more than half its current space.

By Matthew Thibault • Aug. 16, 2022

Skanska USA names new CEO for commercial development

As Murphy McCullough moves into a new position, Skanska looks to complete a $476 million office tower in the Seattle area.

By Zachary Phillips • Aug. 16, 2022

Turner completes $93.4M of work at the University of Georgia

The country’s largest contractor also kicked off construction at the school’s football and baseball stadiums. 

By Joe Bousquin • Aug. 15, 2022

Shining a light on careers in construction

Careers in Construction Month is held every October to increase awareness of construction careers.

By Nicole Needles, NCCER Communications Coordinator • Aug. 15, 2022

Procore to expand into fintech services, CEO says

The company’s new system would purchase materials for subcontractors, securing payment against the property itself using lien rights.

By Matthew Thibault • Aug. 10, 2022

AECOM raises guidance amid higher profits, lower revenue

Backlog at the 10th largest U.S. contractor increased by 3.5% to $41.1 billion, but COVID-19 in China and industry staffing shortages remain as challenges.

By Joe Bousquin • Aug. 9, 2022

Pitch perfect: An AEC marketer’s guide to winning proposals

Ready to raise your proposal game, increase win rates and fill your pipeline with more clients and projects your firm desires?

Aug. 8, 2022