Corporate News: Page 67
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CH2M found in default of $136M TX highway contract after project delays
In previous letters to officials, the construction giant blamed the slow progress on labor shortages, red tape, limestone boring problems and other issues.
By Kim Slowey • Dec. 18, 2015 -
Housing giant PulteGroup acquires Wieland Homes in $430M deal
The move by PulteGroup — the third-largest homebuilder in the U.S. — is another indication of the general trend toward consolidation in the homebuilding industry.
By Kim Slowey • Dec. 18, 2015 -
Explore the Trendlineâž”
sandsun via Getty ImagesTrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Forbes: Caterpillar-backed Uptake is hottest startup of 2015
The predictive data analytics company, which aims to determine when an equipment malfunction is going to occur before it happens, was valued at $1.1 billion in October.
By Kim Slowey • Dec. 18, 2015 -
ENR survey: Construction companies to offer more raises in 2016
Respondents indicated that specialty trade contractor employees can expect the highest average pay hike, at 4.25%.
By Kim Slowey • Dec. 17, 2015 -
$5B Switch data center set for construction after MI legislators approve tax breaks
In order to qualify for continued tax breaks, Switch and other state data center companies must create 400 jobs by 2022 and 1,000 jobs by 2026.
By Kim Slowey • Dec. 17, 2015 -
Report: Steep housing prices behind Toyota's move from CA to TX
After hearing complaints from employees, the car company found that housing costs in Torrance, CA, are three times more expensive per square foot than in the Dallas-Fort Worth metro area, according to an insider.
By Kim Slowey • Dec. 16, 2015 -
Rangers, TX city discuss P3 for $200M mixed-use project
Arlington, TX, officials are rumored to be pushing for the deal to avert a move by the club in 2024, when its lease expires.
By Kim Slowey • Dec. 15, 2015 -
Hudson Yards developers snag $5B in financing for $20B mixed-use project
The funding package marks one of the largest capital raises for a real estate project in the U.S. since the 2008 downturn.
By Kim Slowey • Dec. 14, 2015 -
Construction giant Tishman to pay $20M fine for overbilling scheme
The One World Trade Center builder admitted to intentionally overbilling clients and padding time sheets from 1999 to 2009.
By Kim Slowey • Dec. 14, 2015 -
Kiewit wins $13M Chicago transit contract
It's been a mixed week for the company, as it goes from a terminated contract for the Boston Green Line project to a new Green Line job in Chicago.
By Kim Slowey • Dec. 11, 2015 -
Faraday Future chooses to build $1B electric car factory in NV
The decision marks another win for northern Nevada, which has seen a recent boom in construction by tech companies.
By Kim Slowey • Dec. 11, 2015 -
White-Skanska-Kiewit ousted from over-budget Boston Green Line extension project
The MBTA is rebidding the remainder of the work, but WSK and the other three lead firms with canceled contracts will finish their work in progress.
By Kim Slowey • Dec. 11, 2015 -
Mortenson nets contract to build $120M Minnesota United soccer stadium
The contractor, considered a sports facilities specialist, will once again team up with Kansas City-based architect Populous on the project.
By Kim Slowey • Dec. 10, 2015 -
Turner Construction, Gensler score spots on Glassdoor list of 50 best places to work
The rankings are based on anonymous reviews left by employees on the Glassdoor website.
By Kim Slowey • Dec. 10, 2015 -
Survey: AEC firms 'stymied' by shortage of experienced professionals
In the BD+C report, 16.3% of respondents said their company had to delay or completely turn down a project due to the inability to find qualified people to manage it.
By Emily Peiffer • Dec. 9, 2015 -
Startup FairFleet plays matchmaker for commercial drone operators, construction firms
The Germany-based company's co-founder said his work on Autodesk’s ReCap product as an intern gave him the inspiration for FairFleet.
By Kim Slowey • Dec. 8, 2015 -
Deep Dive
The ultimate construction holiday gift guide
You don't have to break the bank to give a memorable present for colleagues and employees this year.
By Kim Slowey • Dec. 8, 2015 -
Tesla gigafactory construction driving surge in NV business licenses
The project's workforce is made up of 73% Nevadans, surpassing the 50% agreed to as part of the company's $1.4 billion package of tax incentives.
By Kim Slowey • Dec. 7, 2015 -
Reports: Apple's 2nd 'spaceship' campus leased site to have new owner
Industry experts estimate the 770,000-square-foot Central & Wolfe campus in Sunnyvale, CA — where the tech giant signed a 12-year, six-month lease — will sell for $200 million or more.
By Kim Slowey • Dec. 7, 2015 -
Construction tech startup Bridgit to present punchout app to Google investors
The women-owned company was one of 11 — out of 450 applicants — chosen to make its presentation at Google Demo Day: Women’s Edition.
By Kim Slowey • Dec. 7, 2015 -
Pantone unveils 2016 Color of the Year
The selection could have a major impact on paint and interior choices of designers and clients in the coming year.
By Kim Slowey • Dec. 4, 2015 -
Single-family rental rivals to join forces in $1.5B merger
The combined company of American Homes 4 Rent and American Residential Properties boasts an inventory of 47,000 units.
By Kim Slowey • Dec. 4, 2015 -
Skanska, Autodesk among more than 50 construction companies calling for action on climate change
Amid the COP21 International Climate talks in Paris this month, 54 industry firms signed on to the Building and Real Estate Climate Declaration.
By Kim Slowey • Dec. 3, 2015 -
Playing the field: Construction tractor soccer teams face off in Genie video
The unique marketing video comes a month after heavy equipment giant Caterpillar released its "Dozer Pride" rap video.
By Emily Peiffer • Dec. 2, 2015 -
Retrieved from Autodesk on December 02, 2015
Autodesk partners with Microsoft on 'mixed reality' project, unveils new BIM doc management service
The software company's most recent advancements reaffirm the movement toward a more technologically advanced construction industry.
By Kim Slowey • Dec. 2, 2015