The top 10 residential construction companies of 2019

These companies dominate the homebuilding industry in the U.S.

By Construction Dive Editors • Aug. 13, 2019

Tutor Perini's Q2 marks near-record backlog, new group CEO

The company is turning over lead of its Building and Specialty Contractors division to the former president and COO of Zachry Construction Corp.

By Kim Slowey • Aug. 12, 2019

AECOM records strong Q3 amid ongoing changes

AECOM’s construction segment reported $1.9 billion in revenue and a 50% larger backlog year over year, following announcements last year that it was undergoing major changes akin to several other major contractors. 

By Joe Beeton • Aug. 8, 2019

Fluor re-evaluates risk, project selection amid $555M Q2 loss

"We must take a more disciplined approach to risk assessment," CEO Carlos Hernandez said. "We're focusing on profitability and cash generation."

By Joe Beeton • Aug. 7, 2019

On $97M quarterly loss, Granite Construction shifts to smaller projects

Disputes on recent multi-billion-dollar projects in the firm's heavy civil sector have caused Granite to re-evaluate its project delivery methods and its role in P3 contracts and JVs.

By Jennifer Goodman • Aug. 3, 2019

Elon Musk's The Boring Co. raises $120M

Adding to the $113 million it raised last year, the infusion signals continued interest from outside investors in fueling the tunnel-drilling and transportation tech firm's current and proposed projects.

By Anying Guo • July 30, 2019

Caterpillar had to raise prices in light of tariffs last quarter

The steel and aluminum tariffs imposed in 2018 cost the construction equipment manufacturer an extra $70 million in the second quarter, making it hard to maintain margins.

By Shefali Kapadia • July 26, 2019

Consigli acquires T.G. Nickel

T.G. Nickel, a New York-based firm behind some of the highest-profile renovations and projects along the East Coast, will be rebranded July 1 as Consigli, a $1.6 billion company.

By Kim Slowey • June 27, 2019

Skanska chief says no more big write-downs: Bloomberg

One of the firm's ongoing strategies is to be more selective about the type of work it takes on. 

By Kim Slowey • June 20, 2019

ENR's Top 400 2019: Bechtel holds No. 1 in market growth streak

Nearly 69% of the contractors participating in the list increased revenue in 2018 compared to a year prior.

By Kathleen Brown • May 24, 2019

The top 10 reasons contractor succession planning has evolved

Societal and economic forces like the labor shortage and the rise of technology have changed the way construction business owners plan their next steps.

By Wayne Rivers • May 21, 2019

Hard hats to helmets: How Skanska, Clark are improving workers' last line of defense

Traditional hard hats account for falling objects, not falling workers. Some general contractors are providing a more effective layer of protection.

By Kathleen Brown • May 20, 2019

Martin-Harris/Turner recommended for final phase of $1.4B Las Vegas Convention Center project

The team beat out AECOM Hunt, The Penta Building Group and others competing for the construction manager at risk contract.

By Kim Slowey • May 13, 2019

12 contractors shortlisted for $5B of border wall contracts

The Army Corps of Engineers authorized the firms to bid on design-build and design-bid-build contracts for barriers, access roads, levee walls and more.

By Kim Slowey • May 13, 2019

InsiteVR integrates with Autodesk BIM 360 for immersive modeling

The virtual reality tool, which allows users from any location to collaborate on a design, is the latest to pair with Autodesk's construction management hub.

By Kathleen Brown • May 8, 2019

Fluor CEO steps down, company reports $58M Q1 net loss

Carlos Hernandez became Fluor's interim CEO in place of David Seaton as the firm entered the new quarter with a $39.3 billion backlog.

By Kim Slowey • May 7, 2019

Jacobs Engineering tops ENR's 2019 design firm rankings

The AEC powerhouse claimed the top spot for the second year running in a field where "technology now is the price of entry."

By Kathleen Brown • May 1, 2019

Built Robotics, Sunstate deal brings more self-driving vehicles to the jobsite

Part of Sunstate Equipment Co.'s fleet will be outfitted with Built's kit to expand contractors' access to autonomous technology, the companies say.

By Kathleen Brown • May 1, 2019

Construction, engineering M&As hit record in 2018: FMI

Companies are focused on growing while the economy remains strong and expanding tech capabilities as a differentiator against tough competition.

By Kathleen Brown • May 1, 2019

Skender, Z Modular strike deal to manufacture multifamily components

Skender says Z's all-steel VectorBloc system will allow it to stack units higher, accelerate construction by 40% and lower project costs by up to 15%. 

By Kim Slowey • April 26, 2019

Foxconn releases first bid packages for $10B Wisconsin plant

Bid packages for excavation, concrete work, materials testing and more are due to general contractor Gilbane | Exyte next month.

By Kim Slowey • April 18, 2019

UpCodes building code database draws ICC ire

The startup says its searchable platform gives users "free, unfettered access" to law. The International Code Council's copyright suit claims damages to its revenue model.

By Kathleen Brown • April 17, 2019

Contractor picked for $1.6B part of Florida DOT work Astaldi defaulted on

The surety company awarded SEMA Construction Inc. of Colorado Section 7A of the Wekiva Parkway stretch.

By Kim Slowey • Updated June 4, 2019

Tutor Perini denies fault in Central Subway project delays

Setbacks on the $1.6 billion line can be attributed to the San Francisco Municipal Transit Authority's design errors, the general contractor said.

By Kim Slowey • April 16, 2019

The simple safety tweak to boost engagement, competition

AGC conference speakers showed how phones can be paired with interactive Q&A sessions to derive more value from typically blasé safety briefings.

By Kathleen Brown • April 8, 2019