Corporate News: Page 20
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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 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 -
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 -
$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 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 Sebastian Obando • Nov. 8, 2021 -
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 -
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 Matthew Thibault • Updated Nov. 29, 2021 -
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 -
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 Joe Bousquin • Oct. 29, 2021 -
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 Joe Bousquin • Oct. 27, 2021 -
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 -
Retrieved from Amtrak on October 19, 2021
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 Julie Strupp • Oct. 19, 2021 -
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 -
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 -
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 Sebastian Obando • Oct. 13, 2021