Executive of the Year: AECOM's Jay Badame

The construction veteran of more than 30 years has helped lead AECOM’s Building Construction division from coast to coast on such mega projects as Hudson Yards in New York and the Rams stadium in Los Angeles.

By Laurie Cowin • Dec. 3, 2018

Dealmaker of the Year: Katerra

The sheer volume and breadth of acquisitions and partnerships that Katerra has signed this year have made it the industry's most remarkable dealmaker.

By Joe Beeton • Dec. 3, 2018

Innovator of the Year: Prescient

One of many tech-driven offsite construction firms capitalizing on the modular building wave, the startup stands apart as it steadily scales to deliver 18 story-structures.

By Laurie Cowin • Dec. 3, 2018

Company of the Year: Hoar Construction

As Hoar nears the $1 billion annual revenue benchmark, its leadership is faced with an excellent dilemma: How do we preserve the culture and core values that have brought us success on this scale?

By Kathleen Brown • Dec. 3, 2018

Tech Toys: The latest drone, VR, robot, software upgrades for construction

These are some of the newest announcements in the world of technology tools that promise to save contractors time, money and labor on the jobsite and in the office.

By Kathleen Brown • Nov. 21, 2018

Autodesk to acquire PlanGrid for $875M

Two of the arguably biggest names in the space will merge next quarter in a promise to "completely change the construction technology landscape."

By Laurie Cowin • Nov. 21, 2018

Digital Deals: The latest M&A activity and integrations in construction technology

These construction tech firms marry their niche solutions with other technologies and provide more comprehensive and interoperable tools.

By Kathleen Brown • Nov. 20, 2018

AECOM to exit 30 countries, change leadership

Full-year income dropped 5%, and due to some “avoidable and unacceptable” issues in its fourth quarter, the firm will make changes to segments such as construction services, which is no longer led by Dan McQuade.

By Laurie Cowin • Nov. 13, 2018

Wieland chalks up productivity gains to paperless project

Not a sheet of paper can be found at the rural paper mill project where Wieland Construction and its subcontractors are managing progress entirely from mobile devices, shaving hours off the schedule every day.

By Kathleen Brown • Nov. 12, 2018

Tutor Perini's Q3 income, revenue fall

The contractor attributes 4% income and 6% revenue declines to continued delays on the California High-Speed Rail and other projects, but said that its $8.5 billion backlog is just shy of its record high.

By Laurie Cowin • Nov. 9, 2018

Fluor, McDermott post declines in Q3 earnings

Fluor Corp. earmarked $9.6 billion in new awards for the quarter, but its earnings were down around 20%, while McDermott International Inc.'s income dropped almost 98% due largely in part to tax and merger expenses.

By Laurie Cowin • Nov. 6, 2018

Skanska bowed out from certain types of P3s. How will that affect the market?

Avoidance of certain high-risk-high-reward projects is understandable for Skanska, legal experts said, and while the move may slightly reduce competition, it could also serve as a "wake-up call" for other contractors.

By Kim Slowey • Nov. 5, 2018

3 cities in 'late-stage' talks to win Amazon HQ2

Reports suggest the winning location could end up in Dallas, New York or Northern Virginia — but Amazon remains tight-lipped.

By Kristin Musulin • Nov. 5, 2018

Plaza Construction hired for $540M SkyRise Miami entertainment tower

At 1,000 feet, the amusement and observation tower is on track to be the tallest building in Florida.

By Kim Slowey • Nov. 2, 2018

Digital Deals abound with integrations, new products and 3D printing breakthroughs

The first firm to receive a U.S. building permit for a 3D-printed home was backed by D.R. Horton, America’s biggest home builder, to kick off two weeks in which more than a dozen deals were signed. Here are the highlights.

By Joe Beeton • Oct. 31, 2018

Carpenters union, Related strike deal for Hudson Yards

The developer of the $25 billion project in Manhattan said the agreement secures millions of man-hours for the New York City District Council of Carpenters, at rates that are up to 10.5% lower than the prevailing wage rate.

By Kim Slowey • Oct. 29, 2018

Strike teams up with Sentinel Energy to form $854M business

Pipeline infrastructure contractor Strike's operations are expected to generate $1.8 billion in revenue this year.

By Kim Slowey • Oct. 26, 2018

Skanska quits US P3 market, replaces civil division chief

President and CEO Anders Danielsson said the potential rewards of future U.S. public-private partnerships did not rise beyond the level of risk.

By Kim Slowey • Updated Oct. 26, 2018

Fluor stock falls 17% on disappointing Q3 revenue estimates

The firm said that multimillion-dollar charges on two troubled projects put a dent in its projected third-quarter revenue, which falls short of analysts' forecasts.

By Kim Slowey • Oct. 12, 2018

Covestro announces EU1.5B investment in Houston-area plant

The German polymer supplier chose to expand its Baytown, Texas, site — which already employs 1,000 — due to the area's low costs and existing infrastructure.

By Kim Slowey • Oct. 12, 2018

North American Construction Group buys Aecon mining assets for CA$199M

Aecon, the Canadian construction giant, is selling its mining assets as its focus turns to infrastructure and industrial work.

By Kim Slowey • Oct. 4, 2018

What you need to know about talent management

The most underestimated tool in the HR toolbox may be your front-line managers — and forward thinking HR pros are making manager development a key part of their business strategy.

By Kathryn Moody • Sept. 24, 2018

5 joint ventures vie for $650M New York lab project

Teams that include Skanska, AECOM Tishman, McCarthy, Turner and more have until Jan. 15 to submit proposals for the state Department of Health's new public health lab.

By Kim Slowey • Sept. 18, 2018

Tutor Perini's Q2 backlog a record $8.7B

Although its earnings declined 14.5% to just under $28 million, its current and future contracts value increased 15% from the same quarter last year. 

By Kim Slowey • Aug. 15, 2018

AECOM hit record $5B revenue, earned $61M in Q3

Despite the sales boost, the construction giant's income was down nearly 40% from the prior year's third quarter. An executive said the firm is trying to narrow its focus rather than "being all things to all people."

By Laurie Cowin • Aug. 10, 2018