Corporate News: Page 18


  • Architect and his client looking at the hologram of a house project.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Sponsored by PMI

    Preparing for the imminent surge in infrastructure projects

    Infrastructure is what keeps business—and life—moving. The strength of the nation’s public roads and utility distribution systems impacts everything from employment to healthcare.

    Dec. 12, 2022
  • An empty meeting room with a conference table.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Construction’s biggest C-suite moves of 2022

    McDermott, Jacobs, Skanska and others named new leaders this year.

    By Construction Dive Staff • Dec. 8, 2022
  • 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
  • Two technicians working together in a server room.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Laid-off tech employees are flooding the market. What does that mean for construction?

    Contractors and contech firms are watching as skilled workers look for new jobs in a turbulent economy.

    By Dec. 7, 2022
  • Aerial photograph of Johnson Space Center
    Image attribution tooltip
    Permission granted by NASA
    Image attribution tooltip
    Project Wins

    Jacobs wins $92.5M NASA contract

    The award is a guaranteed one-year contract, with four one-year options to extend services at the discretion of the space agency.

    By Dec. 5, 2022
  • Santa on the roadside, loading up his CAT truck to deliver presents! The attraction is a staple in the local community.
    Image attribution tooltip
    Permission granted by Leeward Construction
    Image attribution tooltip

    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 Updated Dec. 19, 2022
  • Construction site for new Intel chip factories in Chandler, Arizona
    Image attribution tooltip
    Permission granted by Intel
    Image attribution tooltip

    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 Nov. 22, 2022
  • woman on a construction site
    Image attribution tooltip
    Permission granted by Kitchell
    Image attribution tooltip
    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 Nov. 17, 2022
  • Street signs for the intersection of Wall St. and Broad St., with the stripes of an American flag in the background.
    Image attribution tooltip
    Michael Santiago/Getty Images via Getty Images
    Image attribution tooltip

    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 Nov. 15, 2022
  • A computer positioned on a white background, with fields for payments on the screen. The product is a Procore product.
    Image attribution tooltip
    Courtesy of Procore
    Image attribution tooltip

    Procore launches payment service

    The software giant announced that Procore Pay will streamline lien waiver collection and feature expedited invoice review.

    By Nov. 14, 2022
  • Image attribution tooltip
    Courtesy of Gordie Howe International Bridge
    Image attribution tooltip

    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 Nov. 14, 2022
  • Three business people walking in a line, against a blue and purple background with emojicons varying from happy to sad faces
    Image attribution tooltip
    Permission granted by BambooHR
    Image attribution tooltip
    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
  • People walk away from the silver and glass Penn Station entrance.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    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
  • A picture of the Silvio J. Mollo Federal Building in Manhatttan.
    Image attribution tooltip

    ajay_suresh via Flickr

    Image attribution tooltip
    Project Wins

    Turner 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 Nov. 10, 2022
  • A picture of Microsoft's headquarters in Redmond, Washington.
    Image attribution tooltip
    Ron Wurzer / Stringer via Getty Images
    Image attribution tooltip
    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 Nov. 9, 2022
  • Anirban Basu speaks at the 2020 World of Modular conference
    Image attribution tooltip
    Joe Beeton/Construction Dive
    Image attribution tooltip

    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 Updated June 27, 2023
  • A blurred image of trader on the floor of the New York Stock Exchange.
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    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 Nov. 7, 2022
  • Image attribution tooltip
    Courtesy of Gordie Howe International Bridge
    Image attribution tooltip

    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 Nov. 4, 2022
  • Diverse Team of Specialists Use Tablet Computer on Construction Site
    Image attribution tooltip

    Gorodenkoff/Shutterstock.com

    Image attribution tooltip
    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
  • An aggregate facility stands in the foreground of dramatic mountains in Alaska.
    Image attribution tooltip
    Courtesy of Granite Construction
    Image attribution tooltip

    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
  • A photo shows the historic Ahwahnee Hotel in Yosemite National Park.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    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 Oct. 24, 2022
  • Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip
    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 Oct. 18, 2022
  • Rivet II is the second building of a four-phase redevelopment project headed by New Jersey City University.
    Image attribution tooltip
    Courtesy of Arc Building Partners
    Image attribution tooltip
    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 Oct. 11, 2022
  • long island rail road main line
    Image attribution tooltip
    Courtesy of Governor Kathy Hochul
    Image attribution tooltip

    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 Oct. 6, 2022
  • Fluor worker
    Image attribution tooltip
    Courtesy of Fluor
    Image attribution tooltip

    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
  • Lendlease
    Image attribution tooltip
    Permission granted by Lendlease
    Image attribution tooltip

    Lendlease Americas names new CEO

    Claire Johnston has overseen the firm’s military housing portfolio and its Bay Area development venture with Google.

    By Oct. 6, 2022