Corporate News: Page 21
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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 -
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 -
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 -
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 -
$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 -
Biden touts vaccine mandate at Clayco jobsite visit
The president visited the suburban Chicago data center project to highlight the importance of vaccinated workers in construction and other industries.
By Matthew Thibault • Oct. 11, 2021 -
The top 10 home building companies of 2021
Residential construction is booming. Here is where it's the hottest and which contractors are cashing in the most.
By Jennifer Goodman • Oct. 11, 2021 -
Contractors lost $1.8 trillion globally in 2020 due to bad data, new report says
Bad data also may have caused 14% of all rework, accounting for $88 billion in losses, per Autodesk and FMI Consulting's survey.
By Matthew Thibault • Sept. 22, 2021 -
Adolfson & Peterson unveils special projects division for jobs under $5M
The new Arizona-based team will specialize in smaller projects in an effort to diversify the company's portfolio and keep bigger jobs on track.
By Jeffrey Steele • Sept. 21, 2021 -
Clark launches small business inclusion program
The company is committed to achieving at least 15% small or disadvantaged business participation on all jobs — even those that don't mandate it.
By Jennifer Goodman • Sept. 14, 2021 -
LSU, Louisiana Tech launch infrastructure-focused engineering research center
The facility will study materials and how they perform in civil projects.
By Matthew Thibault • Sept. 14, 2021 -
Ahlers, Marvin. Retrieved from Pixabay.
Barton Malow launches 'Said Differently' podcast about 'untold stories from the jobsite'
The Michigan-based construction firm wants to use the project to connect with clients and recruit workers.
By Julie Strupp • Sept. 10, 2021 -
Clayco opens Phoenix office
The design-build firm is opening its second location in the western U.S. to be closer to clients and new talent.
By Jeffrey Steele • Sept. 1, 2021