Corporate News: Page 3

  • A visual rendering of Kore Power's battery cell facility in Buckeye, Arizona.
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    Courtesy of Kore Power, Inc.
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    Kore Power nixes plans for $1.25B battery plant in Arizona

    The company reportedly never received taxpayer funds to move forward with the project, and leadership changes are underway.

    By Nathan Owens • Feb. 7, 2025
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    Spencer Platt via Getty Images
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    AECOM CEO says Trump’s permitting reform outweighs agency cuts

    Infrastructure momentum is alive and well, Troy Rudd told investors, while expedited approvals could help spur more work.

    By • Feb. 6, 2025
  • Aerial view of the Jackson, MS, skyline
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    SeanPavonePhoto via Getty Images
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    Jacobs sees strong demand despite tariff uncertainty

    The Dallas-based construction company reported growth in several sectors, including water, infrastructure and data centers.

    By • Feb. 5, 2025
  • Excavator moves earth while on a helicopter landing pad site
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    Courtesy of Naval Facilities Engineering Systems Command
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    Project Wins

    Jacobs nabs $80M US Navy contract

    The deal covers Defense Department installations globally, with a primary focus on the eastern U.S., Europe, Africa and the Middle East.

    By • Jan. 30, 2025
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    Permission granted by U.S. Olympic and Paralympic Museum
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    DPR completes GE Johnson brand transition

    The integration represents a key milestone in DPR’s ongoing expansion across Colorado and Wyoming, the company said.

    By • Jan. 29, 2025
  • A man in a suit and an orange safety vest uses a tablet on a construction site. The user is in the foreground and clear, the background is blurred.
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    AzmanL via Getty Images
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    Following sharp downturn, contech funding stabilizes

    The category benefited from a brewing AI arms race that has contractors moving quickly to adopt the technology.

    By • Jan. 27, 2025
  • A rendering of a tall, glassy, angular building looms in the background on a busy street.
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    Permission granted by Gensler
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    On Site

    HITT breaks ground on tech-forward headquarters

    The new structure will house a 40,000-square-foot innovation lab in partnership with Virginia Tech, and feature facets of sustainable design throughout.

    By • Jan. 27, 2025
  • An orange truck with the word "Ruck" on it amid a green, forest backdrop.
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    Permission granted by Ruck/Chandler McFarland
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    6 contech firms raise combined $57M

    Among the startups are companies that help builders bid on government contracts, streamline communication via a WhatsApp-like interface and verify insurance.

    By • Jan. 22, 2025
  • Rendering shows rail and pedestrian bridges spanning a body of water.
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    Retrieved from Virginia Passenger Rail Authority.
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    Project Wins

    JV picked for $2.3B Long Bridge overhaul in Virginia

    Trumbull, Fay, S&B Construction and Wagman Heavy Civil will join the project, which aims to alleviate one of the East Coast’s biggest rail bottlenecks.

    By • Jan. 21, 2025
  • A shot of a wood-paneled office with a screen that says "Swinerton."
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    Courtesy of Swinerton
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    Swinerton opens Maui office in Hawaii

    Paired with its bureau in Honolulu, the company’s additional location will bolster its position as the state’s fifth-largest general contractor.

    By • Jan. 21, 2025
  • A worker on a scissor lift in personal safety equipment works on an exterior while another worker looks on.
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    Courtesy of Graham Washatka, Graham Images, LLC
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    Boldt launches modular construction arm

    The new offering will provide building services and slide-in room and bathroom pods for clients in healthcare, industrial, education and commercial markets.

    By • Jan. 17, 2025
  • An aerial view rendering of a campus on the waterfront.
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    Permission granted by Clayco
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    Executive Moves

    Clayco announces CEO change, new data center division

    Anthony Johnson will take over as head of the Chicago-based firm, which unveiled a new unit to capitalize on advanced technology facilities.

    By • Jan. 15, 2025
  • A woman construction worker talks to her team on the jobsite
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    FatCamera via Getty Images
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    It’s the last week to nominate a top woman leader

    Construction Dive is seeking submissions through Friday to highlight the industry’s leading women in all sectors.

    By Construction Dive Staff • Jan. 7, 2025
  • A shot from the stands at Lambeau Field. Stands and seating surround the grass field below, and a scoreboard above plays an old video.
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    Permission granted by Graham Washatka / Graham Images
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    Executive Moves

    Miron Construction CEO steps down after 45 years

    David Voss Jr., who has co-led the Neenah, Wisconsin-based firm since 1979, became chairman of the company’s board of directors on Jan. 1.

    By • Jan. 7, 2025
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    Permission granted by Mortenson
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    Q&A

    New year, new CEO at Mortenson

    Derek Cunz told Construction Dive how he intends to build on the Minneapolis-based firm's success.

    By • Updated Jan. 2, 2025
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    Denis Tangney Jr via Getty Images
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    December 2024 wins: Contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Jacobs, Mortenson and Bechtel.

    By Construction Dive Staff • Dec. 19, 2024
  • A sign that says "Internal Revenue Service Building" is seen in front of the agency's building.
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    Zach Gibson via Getty Images
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    TCJA extensions under Trump ‘very possible’: tax expert

    Provisions from the 2017 Tax Cuts and Jobs Act could survive the legislation’s 2025 expiration date, said Anchin’s Fred Barotz during a recent webinar.

    By • Dec. 19, 2024
  • A rendering depicts a sprawling emergency operations campus with several buildings, parking lots and a field of solar panels.
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    Courtesy of Turner Construction
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    Project Wins

    Turner lands $158M California emergency operations project

    The state center to enhance disaster response capabilities across Southern California includes an office building, warehouse and energy infrastructure.

    By • Updated Dec. 19, 2024
  • An aerial view of Washington, D.C. that includes the Washington Monument.
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    LUNAMARINA/iStock/Getty Images Plus via Getty Images
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    Executive Moves

    Suffolk snares DC-area lead from Consigli

    Philip Brault has moved over to the Boston-based firm to head its mid-Atlantic region and capitalize on growth in federal agency construction.

    By • Dec. 16, 2024
  • Stock photo of two military personnel at a table.
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    Courtesy of Jacobs
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    Project Wins

    Jacobs secures $249M award from Army Corps of Engineers

    The deal supports environmental projects across the Northwest, Alaska and Hawaii and marks the firm’s 15th award with the agency this year.

    By • Dec. 13, 2024
  • Hill with cactuses on the foreground, and cityscape in the background
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    Gregory Clifford via Getty Images
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    Following long line of peers, Arizona builder becomes employee-owned

    Willmeng Construction, headquartered in Phoenix, is now the second-largest employee-owned general contractor based in the state.

    By • Dec. 11, 2024
  • A rendering of an industrial facility that's framed from a parking lot.
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    Courtesy of Graycor
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    Executive Moves

    Graycor taps 33-year veteran as new CEO

    Dave Wing will be the first non-family chief executive the Illinois-based company has had in its 103-year history.

    By • Dec. 9, 2024
  • A skyline shot of a large city, bifurcated by a large river.
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    Alihan Usullu via Getty Images
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    Balfour Beatty predicts growth in year-end update

    The London-based builder projects a bump in revenue and backlog even as it said it faced delays in a number of its U.S. projects in the second half of 2024.

    By • Dec. 6, 2024
  • Northvolt’s large-scale lithium-ion battery manufacturing facility in Germany
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    Courtesy of Fluor
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    Executive Moves

    Fluor CFO Joe Brennan to retire after 30 years

    John Regan, currently Fluor’s executive vice president and chief accounting officer, will step into the role on March 1, 2025.

    By • Dec. 4, 2024
  • A shot from the ground of a lit-up crane, covered in holiday lights. It looms high in the night sky.
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    Permission granted by Dominic Vecchione, DPR Construction
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    Deadline extended for Construction Dive’s annual Holiday Lights contest

    Enter by midnight on Dec. 18 to show off your company’s holiday spirit in Construction Dive’s annual competition.

    By Construction Dive Staff • Updated Dec. 16, 2024