Corporate News: Page 2
-
Sponsored by Highwire
The Partner Elevation Pledge: Embracing a new mindset and a new way of working collaboratively with contracting partners
Highwire (formerly ConstructSecure) has launched The Partner Elevation Pledge: a commitment to embracing a new mindset and a new way of working collaboratively with contracting partners.
March 28, 2022 -
Dig-ney World? Construction machinery amusement park opens in Texas
Dig World's founder hopes the park, where kids can operate real construction equipment, will draw them to the profession.
By Julie Strupp • March 22, 2022 -
Deep Dive
Amazon is slowing its fulfillment center spend. What's next?
Heightened demand put Amazon's distribution buildout into overdrive. To speed up delivery and limit costs, it will have to invest more.
By Max Garland • March 18, 2022 -
WSP ends year with better-than-expected profits, record-high backlog
The Canada-based global construction giant sees growing demand in its core sectors of transportation, infrastructure and urban building.
By Julie Strupp , Noelle Knox • March 10, 2022 -
Q&A
Lendlease launches $500M JV in life sciences industry
The Americas general manager of the company's life science construction group discusses its new partnership, trends and challenges for 2022.
By Sebastian Obando • March 3, 2022 -
Public construction firms announce earnings
Several of these industry giants reported losses in their most recent financial periods while others saw profits fall.
March 1, 2022 -
Granite stock hits 1-year low after Q4 miss blamed on weather, portfolio shift
"We begin 2022 as a changed company from a year ago, but we still have work to do," CEO Kyle Larkin told analysts on Friday.
By Joe Bousquin • Feb. 28, 2022 -
Tutor Perini's 2021 profit, revenues fall amid continued COVID-19 challenges
The Los Angeles-based construction giant sees plenty of infrastructure opportunity ahead, but won't slash margins to win it.
By Joe Bousquin • Feb. 25, 2022 -
Fluor's Q4 losses skid 60% to $171M, backlog drops
The Irving, Texas-based contractor issued positive guidance for future work despite losses in revenue and backlog.
By Sebastian Obando • Feb. 22, 2022 -
Sponsored by NAWIC
Featured speaker at WIC Week brings a fresh perspective on women in construction
Featured speaker at WIC Week shares her vision for women in construction.
Feb. 22, 2022 -
Balfour Beatty infrastructure arm appoints new CEO
Gavin Russell, formerly an executive on the finance side of the company, will fill the role.
By Matthew Thibault • Feb. 8, 2022 -
Jacobs profit falls, backlog rises 12%
During an earnings call on Feb. 8, the Dallas-based company said it will continue its expansion into data solutions, smart infrastructure and intelligence.
By Sebastian Obando • Feb. 8, 2022 -
'A global infrastructure investment renaissance is beginning': AECOM raises guidance as Q1 profits soar
The contractor is winning work at the highest rate in its history, CEO Troy Rudd said this morning, but the company won't see benefits from the infrastructure act until 2023.
By Julie Strupp , Noelle Knox • Feb. 8, 2022 -
Q&A
New XL Construction CEO: 'Huge amount of money' on tap once materials prices come down
The head of the California-based firm talks 2022 outlook, building with timber and his company's above-average vaccination rate.
By Joe Bousquin • Feb. 7, 2022 -
Former Gilbane CEO McKelvy tapped to lead McDermott
Mike McKelvy, who retired from Gilbane on Jan. 7, is stepping into the top spot at the restructured Houston-based energy construction giant.
By Joe Bousquin • Feb. 3, 2022 -
Q&A
Despite COVID-19 challenges, new Webcor president sees boom times ahead
The San Francisco-based general contractor's new leader talks about labor shortages, supply chain woes and other issues that keep him up at night.
By Sebastian Obando • Jan. 31, 2022 -
Q&A
Camden's Laurie Baker on her career trajectory and the 'courage to be imperfect'
Baker, recently appointed as COO, brings over two decades of experience to one of the country's largest apartment developers.
By Leslie Shaver • Jan. 19, 2022 -
2022's biggest construction conferences
Many in-person industry events are back on this year. Here is the full rundown.
By Matthew Thibault • Jan. 12, 2022 -
Permission granted by LeChase. David Campbell, vice president of LeChase's Armonk office, speaks at the ribbon cutting for the new ICRA training facility.
LeChase unveils training center for healthcare construction best practices
The facility aimed at mitigating dust in medical projects comes at a particularly key time, as the strategies can also help protect against COVID-19.
By Jeffrey Steele • Jan. 5, 2022 -
Houston contractor acquires Dallas-area wastewater firm
Satterfield & Pontikes Construction has purchased Eagle Contracting, which is focused on the water and wastewater industry.
By Jennifer Goodman • Jan. 4, 2022 -
Backlog breakdown
How COVID-19, supply chain woes hit contractor backlogs
During the pandemic, construction backlog data tracked the swings of COVID-19 closely. Now, it gives a unique view of what lies ahead.
By Joe Bousquin • Dec. 15, 2021 -
Jacobs CEO identifies 3 'multi-decade investment opportunities'
The Dallas-based firm also reported last week that its backlog increased 12% year over year, while revenue grew 1.9%.
By Leslie Shaver • Nov. 29, 2021 -
Atlanta-based AI firm wins global construction tech contest
The 2021 Construction Startup Competition, sponsored by materials giant Cemex, awards solutions that take on key industry challenges.
By Matthew Thibault • Nov. 23, 2021 -
Chen Moore expands into electrical engineering with Fred Wilson acquisition
The Fort Lauderdale, Florida-based civil engineering firm has diversified its services and gained a foothold in the Jacksonville market.
By Mary Salmonsen • Nov. 23, 2021 -
RC Andersen joins STO Building Group
The merger leaves both companies in a position to take advantage of the current boom in industrial construction.
By Jeffrey Steele • Nov. 16, 2021