Corporate News: Page 21
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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 -
Construction-focused nonprofit responds to Haiti earthquake
Co-founded by a former Shawmut CEO, Build Health International works in 26 countries to build structurally safe hospitals and healthcare facilities.
By Jennifer Goodman • Aug. 23, 2021 -
Construction and COVID-19
Lendlease CEO says COVID-19 challenges will continue into 2022
The Australian builder and developer reported a profit for FY 2021, despite dealing with pandemic-related delays, site shutdowns and lower productivity.
By Jennifer Goodman • Aug. 18, 2021 -
Q&A
Allison Otto takes the helm of family-owned California firm
Her appointment to CEO of Otto Construction makes it one of the largest woman-operated commercial contractors in Northern California.
By Jennifer Goodman • Aug. 11, 2021 -
Allegiant to resume work on $510M Florida resort
After stopping construction due to the pandemic, Allegiant Travel Company is pressing forward on its Sunseeker Resort near Fort Myers.
By Matthew Thibault • Aug. 10, 2021 -
Granite posts revenue gain, awaits federal infrastructure funding
The California-based contractor is seeing a brisk bid environment while closely watching legislative negotiations on a national infrastructure package.
By Joe Bousquin • Aug. 2, 2021 -
'Get comfortable being uncomfortable:' Panel weighs in on diversity and inclusion in construction
From setting the rules of engagement to making small, committed changes, experts shared how to take meaningful diversity and inclusion steps.
By Matthew Thibault • July 28, 2021 -
Economist: Construction industry resilient despite high prices, pandemic
“I find it remarkable that so much normalcy has returned to the construction industry,” said Associated Builders and Contractors' Anirban Basu.
By Matthew Thibault • July 19, 2021 -
Modular firm Nexii acquires Canadian contractor Omicron
The prefabricated building systems manufacturer has acquired one of the largest design and construction firms in Western Canada.
By Jennifer Goodman • July 14, 2021 -
Deep Dive
5 strategies construction firms use to lower their taxes
From depreciation and carrying forward losses to research and development credits, public contractors rely on an array of tactics to help minimize tax bills.
By Joe Bousquin • July 8, 2021 -
Palmisano expands to Nashville
The New Orleans-based construction firm has opened a Nashville, Tennessee, office to leverage parallels between the two markets.
By Jeffrey Steele • June 22, 2021 -
McDermott CEO David Dickson resigns
While the energy giant did not give a reason for Dickson's departure, it announced that its interim CEO is former Bechtel executive Lee McIntire.
By Jennifer Goodman • June 9, 2021 -
DPR employees remember co-founder Doug Woods
Woods, who helped create the construction company in 1990, died last month at the age of 70.
By Jeffrey Steele • June 2, 2021 -
Opinion
Delay provided perfect timing for Procore's $635M IPO
Stalled by the pandemic, the construction management software firm’s recent initial public offering positions it to take advantage of several positive market factors this year.
By Dmytro Spilka • May 26, 2021 -
Clayco announces West Coast expansion
The contractor's new office will provide a home base for executives recently hired from other construction firms including Swinerton, McCarthy and Gilbane.
By Kim Slowey • May 26, 2021 -
Balfour Beatty shareholders oppose lack of board diversity
After acknowledging it hasn't met its own diversity goals for women, the U.K.-based contractor named another man as its incoming chairman.
By Joe Bousquin • May 24, 2021 -
The country's largest construction firms announce earnings
While revenue, backlog and other markers of financial health varied among these contractors, all reported feeling the effects of the COVID-19 pandemic.
May 14, 2021 -
Michigan GC sells 50% share to global construction leader
The CEO of Sorensen Gross said its new partner has a history of building successful construction and real estate companies.
By Kim Slowey • May 12, 2021