Corporate News: Page 20


  • Lawrence Berkeley National Laboratory
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    Courtesy of XL Construction
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    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 Feb. 7, 2022
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    David McNew via Getty Images
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    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 Feb. 3, 2022
  • webcor president matt rossie
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    Permission granted by Webcor
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    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 Jan. 31, 2022
  • Camden Buckhead in Atlanta
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    Permission granted by Camden
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    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
  • An exhibit hall from a previous World of Concrete conference showing products and vendors.
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    Courtesy of World of Concrete
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    2022's biggest construction conferences

    Many in-person industry events are back on this year. Here is the full rundown.

    By Jan. 12, 2022
  • David Campbell, LeChase Vice President, speaks at the ribbon cutting for the training facility.
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    Permission granted by LeChase. David Campbell, vice president of LeChase's Armonk office, speaks at the ribbon cutting for the new ICRA training facility.
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    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
  • wastewater plant
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    Permission granted by Eagle Contracting
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    Houston contractor acquires Dallas-area wastewater firm

    Satterfield & Pontikes Construction has purchased Eagle Contracting, which is focused on the water and wastewater industry.

    By Jan. 4, 2022
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    Sean Gallup via Getty Images
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    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 Dec. 15, 2021
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
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    Kena Betancur via Getty Images
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    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
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    Tomohiro Ohsumi via Getty Images
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    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 Nov. 23, 2021
  • The Brightline station in Fort Lauderdale, Florida, a prominent project by Chen Moore and Associates.
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    Permission granted by Chen Moore and Associates
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    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
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    Sean Gallup via Getty Images
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    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
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    400tmax via Getty Images
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    AECOM CEO: 'We are positioned to benefit from nearly every line item' in infrastructure bill

    The global construction and engineering firm is eyeing more civil work as its margins hit record highs.

    By Leslie Shaver • Nov. 16, 2021
  • Fort Wayne Indiana
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    Permission granted by Weigand Construction
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    $286M renovation brings new life to century-old General Electric plant in Indiana

    Weigand Construction faced material shortages and design constraints while reinvigorating the historic Fort Wayne GE campus.

    By Jeffrey Steele • Nov. 15, 2021
  • fluor construction corporate headquarters
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    Courtesy of Fluor
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    Fluor reports revenue and backlog drop, raises guidance

    Segments focused on government and infrastructure work dropped, but the company expects its energy solutions segment to pick up significantly.

    By Nov. 8, 2021
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    Permission granted by NBBJ
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    Community feedback prompts updates to Amazon's HQ2 second phase

    The revised plan for the PenPlace site in Virginia includes wider paths, bike lanes and changes to the architecture of some of the complex's office buildings.

    By Mary Salmonsen • Nov. 5, 2021
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    Stringer via Getty Images
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    News report: Evergrande's unfinished $1.8B stadium taken over by Chinese government

    The government agency hopes to sell the struggling real estate giant's project in Guangzhou, Reuters reported.

    By Updated Nov. 29, 2021
  • Construction at the PGA of America headquarters.
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    Permission granted by Adolfson & Peterson
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    Q&A

    Locking in materials costs and trade partners early helps A&P mitigate shortages

    Adolfson and Peterson is securing materials and subs before projects begin, according to division president Will Pender.

    By Leslie Shaver • Nov. 2, 2021
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
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    Kena Betancur via Getty Images
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    Granite posts flat revenue amid competitive bidding environment

    The California-based contractor said issues such as high material costs, uncertainty over public funding and labor shortages are creating a dim outlook.

    By Oct. 29, 2021
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    Antonio Masiello via Getty Images
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    Supplier Zekelman contributes $1M to Kabul rescue mission

    The funds from the Chicago-based steel pipe and electrical conduit company helped pay for two charter flights to evacuate 534 people. 

    By Oct. 27, 2021
  • An image of a beef sandwich, fries and a drink with Portillo's branding on it
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    Permission granted by Portillo's
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    Fast food brand Portillo's eyes massive expansion following its $405M IPO

    The hot dog chain plans to scale up from 67 locations to 600, growing within the Midwest and into the Sunbelt states.

    By Julie Littman • Oct. 27, 2021
  • rendering of new portal north bridge
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    Retrieved from Amtrak on October 19, 2021
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    Skanska/Traylor Bros. chosen for $1.6B Portal North Bridge project in New Jersey

    The key rail link between Newark and New York City won't have to accommodate marine traffic like the old span, which should ease travel along the Northeast Corridor.

    By Oct. 19, 2021
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    Viktoriia Hnatiuk via Getty Images
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    Sponsored by Response Vault

    5 signs you need a data engineer

    If any of these scenarios sound familiar, there's a good chance you need expert help with your data analysis.

    Oct. 18, 2021
  • A photo of Knutson Construction Services President John C. Curry.
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    Permission granted by Knutson Construction Services
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    Q&A

    From guarding an NHL goal to helming Knutson Construction

    New company president John C. Curry sees diversity and inclusion as one way to unlock the labor market.

    By Leslie Shaver • Oct. 14, 2021
  • Katerra
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    Permission granted by Katerra
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    Deep Dive

    What does Katerra's demise mean for the contech and modular industries?

    The company was supposed to revolutionize construction. Instead, it went bankrupt when it couldn't convince developers and builders to move away from their traditional subcontractors.

    By Oct. 13, 2021