Corporate News: Page 2
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AECOM profit grows on expanding backlog from city, state projects
The Dallas-based firm said many of its government clients have flush rainy day funds ahead of expected increases in infrastructure spending over the next several years.
By Joe Bousquin • Feb. 8, 2023 -
Project Wins
Balfour Beatty awarded $242M US 70 project
The stretch of highway in North Carolina is being upgraded to interstate standards.
By Matthew Thibault • Feb. 8, 2023 -
Autodesk lays off 250 employees amid tech industry crunch
The cuts appear to be the first in recent months at a major construction-related tech firm.
By Matthew Thibault • Updated Feb. 7, 2023 -
Messer expands to South Carolina, opens 11th regional office
The company will pursue aviation, healthcare and other work in the state.
By Matthew Thibault • Feb. 6, 2023 -
Contech firm Built Robotics acquires Roin, eyes expansion
The acquisition adds Roin's automated concrete power trowel to Built's retrofit excavation automation tools.
By Matthew Thibault • Feb. 1, 2023 -
Intel cancels $700M Oregon lab project
The tech giant planned to use the 200,000-square-foot facility to study sustainable technologies for data centers.
By Sebastian Obando • Jan. 25, 2023 -
The image by Randy von Liski is licensed under CC BY-ND 2.0Executive Moves
DPR Construction taps Mark Whitson as president
Whitson, who started as a carpenter and built his career at the firm, will lead alongside CEO George Pfeffer.
By Julie Strupp • Jan. 25, 2023 -
Project Wins
Balfour Beatty wins Miami Beach Convention Center hotel project
Construction is expected to be completed on the 800-room hotel in 2025.
By Matthew Thibault • Jan. 23, 2023 -
Hensel Phelps launches tech investment arm
Diverge provides a platform to nurture startups that aim to solve the problems of today and tomorrow.
By Robyn Griggs Lawrence • Jan. 18, 2023 -
Cyber, business interruption remain top global corporate risks
Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.
By David Jones • Jan. 18, 2023 -
Executive Moves
DPR Construction appoints new CFO
Angela Floyd took on the role at the beginning of the year.
By Julie Strupp • Jan. 12, 2023 -
Last week to nominate a woman leader
Construction Dive is seeking nominations through Feb. 10 to highlight the industry’s leading women in all sectors.
By Jennifer Goodman • Jan. 4, 2023 -
Holiday lights build seasonal spirit across jobsites
A little bit of festive cheer goes a long way, as shown by Construction Dive's Holiday Lights contest winners.
By Matthew Thibault • Dec. 21, 2022 -
Balfour Beatty predicts higher profits in year-end update
The London-based contractor expects to end the fiscal year with more cash and a higher backlog than anticipated.
By Matthew Thibault • Dec. 12, 2022 -
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 -
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 -
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 Matthew Thibault • Dec. 7, 2022 -
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 Sebastian Obando • Dec. 5, 2022 -
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 -
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 -
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 -
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