Corporate News: Page 21


  • 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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    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
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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
  • 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
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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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    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
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    Kevin Dietsch via Getty Images
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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 Oct. 11, 2021
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    Justin Sullivan via Getty Images
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    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 Oct. 11, 2021
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    George Frey/Stringer via Getty Images
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    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 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
  • Kansas City International Airport, Clark Construction, P3
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    Permission granted by Clark Construction
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    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 Sept. 14, 2021
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    Permission granted by Eddy Perez/Louisiana State University
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    LSU, Louisiana Tech launch infrastructure-focused engineering research center

    The facility will study materials and how they perform in civil projects.

    By Sept. 14, 2021
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    Ahlers, Marvin. Retrieved from Pixabay.
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    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 Sept. 10, 2021
  • Clayco groundbreaking
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    Permission granted by Clayco
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    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