Corporate News: Page 7
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Executive MovesGilbane taps Lendlease safety vet for global position
Steven Carter joins the Providence, Rhode Island, firm as its director of global health and safety after he spent more than a decade with the Australian contractor.
By Matthew Thibault • Aug. 22, 2024 -
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Data centers, water, infrastructure fuel public firms’ profits
On recent earnings calls, construction executives highlighted a range of lucrative sectors, most notably environmental and technical work.
By Construction Dive Staff • Aug. 21, 2024 -
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TrendlineTop 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
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Country’s largest apartment owner expands into infrastructure
Greystar is extending its reach into new sectors including transportation, power and data centers.
By Mary Salmonsen • Aug. 19, 2024 -
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Executive MovesGilbane taps Philly-area vet as preconstruction exec
Anthony Armento, who spent 17 years at New Jersey-based Torcon, will manage day-to-day preconstruction efforts in the company’s Philadelphia office.
By Matthew Thibault • Aug. 19, 2024 -
Permission granted by Balfour Beatty
‘Momentum’ the word of the day for Balfour Beatty
The London-based builder reversed its decline in pre-tax profit and signaled that it is eyeing big opportunities in U.K. and U.S. markets.
By Matthew Thibault • Aug. 16, 2024 -
Permission granted by Skanska
Executive MovesSkanska hires new CFO
Jonas Rickberg is currently CFO at Swedish truck maker Scania Group.
By Zachary Phillips • Aug. 15, 2024 -
Courtesy of Power Engineers
WSP to acquire Idaho engineering firm for $1.78B
The Montreal-based design and engineering giant said Power Engineers will bolster its power and energy expertise.
By Julie Strupp • Aug. 14, 2024 -
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Latest contech acquisition combines laser scanning with BIM
Ohio-based GPRS, which specializes in infrastructure laser scanning and maintenance, acquired Existing Conditions, headquartered in Boston.
By Matthew Thibault • Aug. 14, 2024 -
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Election uncertainty doesn’t faze AECOM
Although new administrations can bring new priorities, long-term building trends around infrastructure and environmental work remain unchanged, said CEO Troy Rudd.
By Julie Strupp • Aug. 8, 2024 -
Courtesy of Texas DOT
Executive MovesFluor taps Jim Breuer for new COO position
The Irving, Texas-based contractor also appointed Kevin Hammonds to chief legal officer to succeed John Reynolds, who is retiring.
By Sebastian Obando • Aug. 8, 2024 -
Courtesy of Holly Springs Economic Development
Jacobs sees double-digit growth in water, environmental work
On an earnings call this week, CEO Bob Pragada emphasized the strength of infrastructure-adjacent sectors and advanced facility construction, including semiconductor plants and data centers.
By Sebastian Obando • Aug. 7, 2024 -
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Tutor Perini sees ‘major project opportunities,’ but settlement drags down profits
The heavy civil contractor says demand for megaprojects is high, but disputes continue to make them risky business.
By Joe Bousquin • Aug. 5, 2024 -
Courtesy of Fluor
Fluor expects growth in data center, semiconductor construction
The Irving, Texas-based firm secured $3.1 billion in new awards during the second quarter, driven by manufacturing and life sciences projects.
By Sebastian Obando • Aug. 5, 2024 -
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Granite gets progressive on delivery methods, buys Mississippi aggregate shop
The California-based contractor posted higher revenue, backlog and profits in the second quarter, which it said is proof its new business model is working.
By Joe Bousquin • Aug. 2, 2024 -
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WSP bullish on PFAS cleanup, environment
Profits, revenue and backlog were all up in the Canadian firm’s second quarter as it anticipates more resilience and water work.
By Julie Strupp • Aug. 1, 2024 -
Executive Moves
Brinkmann Constructors founder steps down
Bob Brinkmann is retiring after four decades leading the St. Louis-area company.
By Julie Strupp • July 31, 2024 -
Courtesy of Harbor Bridge Project
Flatiron, Dragados merge to form US-based infrastructure giant
The integrated company, to be chaired by Turner Construction CEO Peter Davoren, will boast a backlog of $17.2 billion and operations in 24 states and eight Canadian provinces.
By Joe Bousquin • July 30, 2024 -
Courtesy of Gilbane Building Co.
Executive MovesGilbane taps 20-year vet to lead procurement
Greg Garvin, who rose up the ranks from his start as an intern, was formerly the chief purchasing agent for the company’s New England region.
By Matthew Thibault • July 29, 2024 -
Courtesy of Turner Construction
Turner buys Dornan Engineering in advanced technology play
The biggest contractor in the U.S. is eyeing data center and biopharma opportunities in Europe with the acquisition of an Ireland-based firm focused on tech-heavy builds.
By Joe Bousquin • July 24, 2024 -
Courtesy of Vinfast.
VinFast pushes back North Carolina factory timeline
The EV startup says production is now expected to begin in 2028.
By Haley Cawthon • July 17, 2024 -
Courtesy of Granite Construction
Project WinsGranite JV chosen for $113M Michigan bridge project
The California-based contractor will team up with Kraemer North America on the Lafayette Bascule crossing in Bay City.
By Joe Bousquin • July 17, 2024 -
Courtesy of Dragados
Executive MovesFlatiron names new CEO
The Broomfield, Colorado-based civil construction company tapped its president, Javier Sevilla Roca, for the role.
By Julie Strupp • June 24, 2024 -
Courtesy of LPA Design Studios/Jun Tang
Swinerton revenue reaches 4-year high
The California-based builder highlighted its financial performance and outlined steps toward technological innovation and green initiatives.
By Matthew Thibault • June 24, 2024 -
Permission granted by Adolfson & Peterson Construction
Q&AAdolfson & Peterson eyes Central Texas expansion
New Vice President Eric Churchill talks with Construction Dive about market entry challenges and his vision for growth.
By Sebastian Obando • June 24, 2024 -
Mario Tama/Getty Images via Getty Images
Executive MovesGilbane brings in new region lead out west
The Providence, Rhode Island-based builder hired construction veteran Ryan Heeter to lead its operations in California, Arizona and Nevada.
By Matthew Thibault • June 21, 2024
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