Corporate News: Page 9

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    Daniel Meglas via Getty Images
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    5 biggest data centers to break ground in 2023

    The sector’s market boom has been well-documented, but signs of weakness could herald a squeeze ahead.

    By • Dec. 21, 2023
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    Asia-Pacific Images Studio via Getty Images
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    Construction’s top C-suite moves

    Swinerton, Gilbane, WSP and others announced leadership changes last year.

    By Construction Dive Staff • Dec. 21, 2023
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    Courtesy of Purdue University
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    This year’s top tech stories

    From ChatGPT to robots and contech funding, here are the topics that were most popular with our readers.

    By • Dec. 20, 2023
  • A building with lights shining on it at night, made of stone. A sign in the front reads "Swinerton."
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    Permission granted by Swinerton
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    Executive Moves

    Amid spike in demand, Swinerton picks Carolinas healthcare lead

    The San Francisco contractor is staking its expansion efforts on rising demand for construction and renovation of medical facilities in the region.

    By • Dec. 20, 2023
  • A large stone building looms in the background in a shot at dusk. A sign, with light shining on it, shows Consigli's name.
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    Permission granted by Consigli Construction Co.
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    Executive Moves

    Consigli taps hometown exec to head Albany, New York, office

    Industry veteran Jennifer Rand will oversee projects for the Massachusetts builder in the Empire State’s Capital Region.

    By • Dec. 19, 2023
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    sorn340 / Stock / Getty Images Plus via Getty Images
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    Opinion // Business Matters

    How to gain respect from experienced co-workers

    Young construction leaders must learn how to navigate relationships with the seasoned pros on their team, according to an industry consultant.

    By Matt Verderamo • Dec. 18, 2023
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    izusek via Getty Images
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    Opinion // Business Matters

    5 tactics to tell — and sell — your firm’s story

    Once you know what you want to say to potential clients, decide how best to present it.

    By Chemene Phillips • Dec. 14, 2023
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    OlegAlbinsky via Getty Images
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    Executive Moves

    STO Building Group creates COO, other C-suite roles

    Company veteran Greg Dunkle will support the 14 brands in the firm's portfolio amid an updated organizational structure.

    By • Dec. 14, 2023
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    Courtesy of LPA Design Studios/Jun Tang
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    Executive Moves

    Swinerton CEO to retire in January

    President David Callis will succeed Eric Foster, who oversaw expansions into mass timber, maintenance and industrial work over his 42-year tenure.

    By • Dec. 11, 2023
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    Tom Shaw via Getty Images
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    Balfour Beatty backlog, revenue inch up in year-end update

    The company expects marginal gains driven by its work on Phase 1 of Britain’s HS2 rail project and increased airport construction activity in Hong Kong.

    By • Dec. 11, 2023
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    Permission granted by IFS
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    Sponsored by IFS

    The biggest industry drivers behind the growing need for excellent project financial control

    Discover the urgent need for robust project financial control in the competitive construction landscape.

    Dec. 11, 2023
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    Courtesy of Universal Destinations & Experiences
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    Project Milestones

    Construction starts on $550M theme park in Frisco, Texas

    Balfour Beatty broke ground last month on Universal Kids Resort, which includes a 300-room hotel, rides and shops.

    By • Dec. 8, 2023
  • An aggregate facility stands in the foreground of dramatic mountains in Alaska.
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    Courtesy of Granite Construction
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    Granite buys 2 Memphis asphalt firms for $278M

    The move makes good on the California road builder’s promise to expand its aggregates and materials business in new markets. 

    By • Dec. 7, 2023
  • The rendering of a new, glassy, modern building on a beautiful day. The building is large and modern-looking, with plenty of glass.
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    Courtesy of HITT Contracting
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    HITT unveils plans for high-tech HQ

    Space on the first floor of the company’s six-story, 270,000-square-foot headquarters in Falls Church, Virginia, will house Virginia Tech’s Coalition for Smart Construction.

    By • Dec. 6, 2023
  • Providence is the capital and most populous city in Rhode Island. Downtown Providence has numerous 19th-century mercantile buildings in the Federal and Victorian architectural styles.
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    Denis Tangney Jr./iStock via Getty Images
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    Executive Moves

    Gilbane promotes Heidi DeBenedetti to COO

    During her nine-year tenure with the firm, DeBenedetti has led 650 employees and overseen annual revenue over $1.5 billion.

    By • Dec. 5, 2023
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    Streeter Lecka via Getty Images
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    Executive Moves

    Swinerton taps new Carolinas lead

    Following increased investment in the Atlanta market, the appointment demonstrates how bullish the contractor is on the region’s potential.

    By • Dec. 1, 2023
  • A rendering of a glassy, modern building with many windows and new design in a winter landscape, with snow floating around.
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    Permission granted by Dbox/Foster + Partners © 2023 Mayo Foundation for Medical Education and Research (MFMER). All rights reserved.
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    Project Wins

    Gilbane nabs $5B Mayo Clinic expansion in Minnesota

    The medical complex in Rochester will feature buildings with rooms and floors that can convert to different functions, removing a typical limitation in healthcare construction.

    By • Nov. 30, 2023
  • An aerial photograph shows the sprawling convention center building in downtown Austin, Texas.
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    Courtesy of Turner Construction
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    November 2023 wins: Contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders.

    By Construction Dive Staff • Nov. 29, 2023
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    lucadp via Getty Images
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    Profits fall for many public firms, partly due to inflation

    Amid soaring costs, several construction industry giants reported lower gains in recent earnings reports.

    By Construction Dive Staff • Nov. 28, 2023
  • Engineer and Architect analyzing of under construction project with technology and new innovative on digital tablet and icon network of construction on virtual interface.
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    istockphoto.com/ipopba

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    Sponsored by Procore Technologies

    Planning for the year ahead: A look at how we build now

    Get insights from more than 1,000 construction professionals to help paint a better picture into how leaders are thinking about the economy, its impact on construction and planning for 2024.

    Nov. 27, 2023
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    Courtesy of Jacobs Solutions
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    Jacobs profits drop amid higher backlog, strategy shift

    The firm will combine its government services business with Amentum, a global engineering and technology solutions provider.

    By • Nov. 21, 2023
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    gradyreese via Getty Images
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    Opinion // Business Matters

    3 steps to a profitable exit strategy

    To make the most money when it’s time to sell, owners need to focus on building value in their firms, writes construction consultant Matt Verderamo.

    By Matt Verderamo • Nov. 21, 2023
  • A photo shows the Los Angeles headquarters of heavy civil construction contractor Tutor Perini.
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    JHVEPhoto/iStock Editorial/Getty Images Plus via Getty Images
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    Executive Moves

    Ron Tutor to step down as Tutor Perini CEO in 2025

    Gary Smalley, the firm’s CFO since 2015, will succeed Tutor as chief executive officer. 

    By • Nov. 17, 2023
  • 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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    Contech surpasses $30B in total venture funding

    More construction technology providers will reach unicorn status even as venture capital slows in other sectors, according to an investment firm focused on the industry.

    By • Nov. 15, 2023
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    lucky-photographer via Getty Images
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    AECOM’s profits plunge on higher revenue, backlog

    CEO Troy Rudd said the strong U.S. dollar, which erodes the value of international contracts paid with foreign currency, impacted results.

    By • Nov. 15, 2023