Corporate News: Page 18


  • A rendering depicts the MIRO Towers mixed use development in San Jose, California.
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    Courtesy of Suffolk
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    Executive Moves

    Suffolk taps California construction vet for growth in the West

    Jim McLamb, who worked at Clark Construction in Los Angeles for more than 30 years, will serve as Suffolk’s general manager in its Northern California region.

    By May 16, 2023
  • Banners and equipment on the National Mall
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    Jenn Goodman/Construction Dive
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    Earth movers, front-end loaders and robots take over the National Mall

    Heavy equipment manufacturers are displaying their machines in Washington, D.C., this week to demonstrate the $1 trillion construction industry’s economic might and shine a light on policy priorities.

    By Jennifer Goodman , May 16, 2023
  • 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
  • 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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    WSP profits, backlog up, buoyed by US projects

    CEO Alexandre L’Heureux expects opportunities in the U.S. to stay robust, and said he sees artificial intelligence as an enabler, not a disrupter.

    By Julie Strupp • May 11, 2023
  • Congressional leaders at the White House
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    Anna Moneymaker via Getty Images
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    Business, construction leaders urge quick resolution to looming debt ‘catastrophe’

    President Joe Biden and congressional leaders met this week as the threat of a default on the country’s $31.4 trillion debt grows.

    By Jennifer Goodman • May 11, 2023
  • A sleek yellow and bluish purple train whizzes through the desert between tall white wind turbines in this rendering.
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    The image by NC3D is licensed under CC BY 2.0
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    AECOM reports record backlog as profits jump

    CEO Troy Rudd said he expects infrastructure, resilience and energy transition opportunities to grow worldwide in the coming decades.

    By Julie Strupp • May 10, 2023
  • A woman works on a construction site
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    Permission granted by Adolfson & Peterson
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    Q&A

    A&P project engineer on building the foundation of a successful career

    Nathalia Mingo, whose path to construction started in high school, talks about what she likes most about working in the industry.

    By Jennifer Goodman • May 10, 2023
  • Donald C. Tillman Water Reclamation Plant
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    Courtesy of Jacobs
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    Jacobs’ profits more than double due to IIJA, water projects

    The firm announced plans to spin off its Critical Missions Solutions business, which accounted for 35% of its revenue last year. 

    By May 9, 2023
  • Two men stand next to each other in front of a sign that says "Bird: A Black & Veatch Company" in a wood-paneled room.
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    Courtesy of Black & Veatch
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    Black & Veatch acquires Texas electrical contractor

    Bird Electric will join the engineering firm’s portfolio and expand its capabilities in fields like electric vehicles and renewables.

    By May 9, 2023
  • A statue of a bull stands in New York's financial district.
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    Chris Hondros via Getty Images
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    Tutor Perini’s loss doubles as revenue sinks

    Delayed impacts from the pandemic, an adverse legal ruling and accounting charges conspired to eat into the contractor’s top and bottom lines. 

    By May 8, 2023
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    Getty Images
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    Fluor posts $107M loss, increased backlog

    A combined $80 million in charges on legacy infrastructure projects obscured an otherwise healthy first quarter, an analyst said.

    By May 5, 2023
  • People walk down Wall Street in New York City.
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    Spencer Platt via Getty Images
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    Blame it on the weather: Granite pegs Q1 loss, revenue dip to extreme storms

    Despite delays, the California contractor boosted its backlog to a record $5.1 billion and said its shift to smaller, lower risk projects was bearing fruit.

    By May 2, 2023
  • Construction workers are on a platform. The platform is also under construction, and workers wear safety gear.
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    Michael M. Santiago via Getty Images
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    April 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 • April 28, 2023
  • Female teleworker texting using laptop and internet, working online. Freelancer typing at home office, workplace.
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    Shutterstock.com/Undrey

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    Gilbane creates new tech-oriented role

    The contractor is bolstering its technology focus with the appointment of Rawle Sawh to the new position of director of operations technology.

    By April 25, 2023
  • Portrait image of Dr. Rhianna Rogers.
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    Permission granted by NAWIC
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    Sponsored by NAWIC

    Expert on equity issues to speak at NAWIC Annual Conference

    Dr. Rhianna Rogers to speak on attracting more women to the construction industry.

    April 24, 2023
  • Ikea invests $2.2B to fuel US growth

    The investment, which is the retailer’s largest in the past four decades, will be used to open locations and strengthen its fulfillment network.

    By Caroline Jansen • April 21, 2023
  • The Charlotte skyline rises behind a row of trees.
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    Streeter Lecka via Getty Images
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    After competitor’s exit, Swinerton grows Carolinas team

    The company announced that it is expanding following the closure of Indianapolis-based contractor Shiel Sexton’s Charlotte, North Carolina, office.

    By April 10, 2023
  • A photo of the Ernest E. Tschannen Science Complex at California State University - Sacramento.
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    Courtesy of Sundt Construction
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    Executive Moves

    Sundt taps new Northern California lead

    Sacramento-area native Sean Falvey brings nearly 20 years of construction experience to the role.

    By April 10, 2023
  • Marines stand in profile in a focused picture.
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    Getty Images
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    Project Wins

    Marines recruit Granite for $126M base project

    The California contractor will help build Camp Blaz, the first new Marine Corps base in 70 years, in Guam.

    By April 7, 2023
  • An overhead shot shows traffic stretching for miles on the I-15 freeway.
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    Courtesy of Flatiron
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    Project Wins

    Flatiron lands 4 California projects worth $704M

    The Broomfield, Colorado-based contractor strung together two interstate wins, plus water and broadband infrastructure projects in the Golden State.

    By March 29, 2023
  • Three architects planning construction site map
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    Getty Images
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    Sponsored by Merchants Bonding Company

    Protect your surety credit through partnership

    Three ways to include your surety partner in succession planning to avoid unexpected outcomes.

    By Michael Reed, Regional Vice President, Contract Underwriting • March 27, 2023
  • Four-story glass and sandstone building with a vast green lawn in front of it.
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    Courtesy of Adolfson & Peterson
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    Q&A

    Despite labor shortages, construction in Texas is booming

    Adolfson & Peterson’s new central Texas director of preconstruction also discussed how the industry has changed over the past three decades and how the role of tech is evolving.

    By Julie Strupp • March 24, 2023
  • Silver buildling against a bright blue sky shows WSP logo.
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    Retrieved from Raysonho.
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    Executive Moves

    WSP USA hires former Jacobs exec as rail business lead

    Joseph Black’s 30 years of public and private transportation experience will inform his new role as senior VP for the rail operations and service planning team.

    By Julie Strupp • March 21, 2023
  • A view of heavy machinery with many overhead pipes in a underground construction site.
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    Courtesy of Los Angeles Metro

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    CONSTRUCTION DIVE INVESTIGATION

    Tutor Perini had the most OSHA violations among contractors during the past decade

    Agency officials cited the company more often than any construction contractor in its database over a 10-year period.

    By , , Noelle Knox • March 21, 2023
  • Revizto Conference 2023
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    Permission granted by Revizto
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    Sponsored by Revizto

    What’s next for Revizto: 5 highlights from RevUP 2023

    See all the announcements from Revizto's global user conference, including a new phone app and certification program!

    March 20, 2023
  • Four construction workers in reflective vests work on a partly-built concrete and metal bridge.
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    Courtesy of Tutor Perini
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    Tutor Perini ‘negatively impacted’ by legal issues, canceled work

    The Los Angeles contractor also said in its earnings call that it lost billions in potential new jobs in 2022 when owners canceled projects.

    By Julie Strupp • March 16, 2023