Not just warehouses: Amazon pulls back on office projects, too

The e-commerce giant said it's pausing buildouts on six office towers in Bellevue, Washington, as well as another in Nashville, Tennessee.

By Sebastian Obando • July 15, 2022

Fluor wins contract for Gulf Coast liquefied natural gas project

It’s the second offshore modular mid-scale LNG plant contract that Fluor has received from New Fortress Energy in 2022.

By Sebastian Obando • July 13, 2022

How a $55M Alaska highway win reflects Granite's new strategy

The Knik-Goose Bay Road project near Wasilla checks several boxes for the California contractor’s recent approach of pivoting away from high-risk, longer time frame projects. 

By Joe Bousquin • July 8, 2022

Webcor exec rotated through a range of roles to achieve her latest promotion

The senior vice president of planning urges other women in the industry to think long term and “bring their authentic voices to the table.”

By Jennifer Goodman • July 6, 2022

Amazon cancels, delays wave of warehouse projects as e-commerce demand cools

Shifts in plans have affected at least 13 facilities, including locations in Texas, Florida, Louisiana, Tennessee and California, according to local news reports.

By Max Garland • July 5, 2022

Court summons Microsoft, Skanska, Balfour Beatty in bias suit

A Black construction worker alleged in federal court documents that he found a sign that said "This is not a safe space" after a supervisor told him he didn't like Black people. 

By Joe Bousquin • June 29, 2022

Why Amazon's warehouse pullback is good news for contractors

The e-commerce giant has slowed its building spree, freeing up hard-to-find materials and land for other projects in the booming sector.

By Sebastian Obando • June 13, 2022

Walmart plots 4 new 'next generation' fulfillment centers

The facilities incorporate an automated storage and retrieval system while also employing 4,000 new workers, and could serve 75% of the U.S.

By Ben Unglesbee • June 8, 2022

UK prefab design company targets US expansion

Bryden Wood's "kit-of-parts" approach leverages components that are similar on each project while also providing opportunities for customization.

By Sebastian Obando • May 25, 2022

Is the seller-doer model right for your AEC firm?

Read on to find out what factors to consider before making the switch and how to set your seller-doers up to thrive.

May 23, 2022

Balfour Beatty Communities faces new scrutiny for military housing as parent company wins DOD contract

A Senate subcommittee report alleged untreated mold growth, cracked floor tiles held together by packing tape and broken appliances.

By Leslie Shaver • May 18, 2022

Clark announces expansion in mid-Atlantic

The country's 13th largest contractor will add office space in Virginia and Maryland this year to help expand its regional footprint.

By Jennifer Goodman • May 17, 2022

The top 10 residential builders of 2022

Dallas, Texas-based D.R. Horton remains at the top of the list for the 20th year in a row with 81,981 homes closed last year.

By Mary Salmonsen • May 16, 2022

WSP beats earnings expectations, maintains guidance

The Canadian contractor saw strong backlog growth in the first quarter and said its 2022 plans already account for inflation. 

By Julie Strupp • May 13, 2022

Ikea to invest more than $3B in stores

Ikea's largest franchisee, Ingka Group, will work to update its physical locations across 32 markets to support the retailer's online operations.

By Caroline Jansen • May 12, 2022

Bechtel launches division targeting manufacturing, tech

The company's former CFO, Catherine Hunt Ryan, will lead the new unit that eyes markets such as semiconductors, electric vehicles and data centers.

By Sebastian Obando • May 11, 2022

Shawmut expands in Florida amid growing demand

The West Palm Beach location is the company’s second South Florida office and its 11th nationwide.

By Matthew Thibault • May 10, 2022

AECOM earnings rise, shares fall on maintained guidance

The Dallas-based contractor posted higher profits and slightly lower revenue for the first three months of 2022, but investors flinched when it didn't raise guidance for the rest of the year. 

By Joe Bousquin • May 10, 2022

Revenue, backlog drop but Fluor maintains guidance

The Texas-based global contractor continues to reduce its outstanding debt, but past declines in oil prices and lockdowns in China weigh on its operations.

By Sebastian Obando • May 9, 2022

Despite $21.6M loss, Tutor Perini sticks to its guidance

The Los Angeles-based infrastructure giant reiterated its full-year outlook, even though it went into the red in the first quarter.

By Joe Bousquin • May 5, 2022

Jacobs posts higher profits, backlog in second quarter

While the company maintained its midrange guidance, it lowered the high end of its projected profits, citing geopolitical concerns.

By Sebastian Obando • May 4, 2022

New Industry Lab drives construction innovation

Join us to turn construction ideas into innovations at the Oracle Industry Lab.

May 2, 2022

Granite posts nearly 20% quarterly revenue loss as it works through less profitable projects

The California company's CEO is optimistic about shifting away from large, complicated builds and expects a boost from the infrastructure act.

By Julie Strupp • April 29, 2022

Top firms land new infrastructure, government deals

Companies such as AECOM and WSP have recently pulled in big-ticket contracts including work for NASA, the Navy and the Department of Energy.

By Jeffrey Steele • April 22, 2022

LeChase Construction acquires Albany, New York, contractor

The procurement of Sano-Rubin Construction Services will allow LeChase to pursue a wider range of projects including healthcare, education, hospitality and multifamily.

By Matthew Thibault • April 19, 2022