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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.
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U of Nevada researchers 3D print ‘Lego-like’ modular bricks for Army bridges
The project team is testing the blocks for spans and other structures that could be printed on demand in combat zones.
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How CIOs can prepare for Trump’s tariffs plan
The president-elect has proposed tariffs on imported goods, stoking concerns about higher costs for electronics.
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Economic Reports
Backlog holds steady as contractors eye private construction rebound
Infrastructure backlog remains a standout, posting year-over-year gains despite declines in other categories.
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Project Wins
Bechtel signs new contract on $27B Louisiana LNG terminal
Construction on the facility, formerly named Driftwood LNG, is moving ahead after Australian oil and gas giant Woodside bought it in October.
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BOEM issues final federal permit for US Wind’s 2-GW Maryland offshore wind project
The wind farm will be a first for the state and will bolster the offshore wind supply chain, according to the Oceantic Network.
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Economic Reports
Turner cost index rises 3.6% YOY
The benchmark compiled by the largest contractor in the country contrasted with the government’s PPI data for nonresidential construction.
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Q&A
Shawmut doubles down on NYC growth
The Boston-based contractor announced the expansion of its large project division in the New York City metropolitan area.
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How to manage subcontracts amid Trump’s immigration plans
The right contract language can help GCs ensure that subcontractors are compliant with worker authorization rules, lawyers say.
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Opinion
Healthcare construction a key part of US infrastructure
Contractors that are prepared to deliver medical facilities will be in high demand in 2025, writes a construction consultant.
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Economic Reports
November 2024 economic roundup
Construction Dive tracks recent key industry data including backlog, planning activity, input costs, starts, job openings and spending.
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Economic Reports
Planning cools again on slower data center growth
Labor shortages and high construction costs have prevented projects from moving through the pipeline at a normal pace, according to Dodge Construction Network.
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Feds release $850M to fix aging water infrastructure in the West
The IIJA funding will help boost drought resilience via 77 projects in 11 states.
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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.
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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.
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Project Milestones
Phoenix GC Haydon breaks ground on $275M retail hub
The contractor will deploy advanced tech such as BIM and drones to build the 500,000-square-foot project.
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Column // Help Wanted
Heavy Metal: Trade groups share playbook for high school summer camp
Mechanical contractors on the West Coast developed an “easy button” that other builders and unions can duplicate for their own educational programs.
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Project Milestones
San Antonio airport set to start $1.4B terminal
Hensel Phelps is building the project, which is the centerpiece of a $2.5 billion expansion.
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Note from the Editor-in-Chief
A change in ownership and what it means for our readers.
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How to prepare for Trump’s new immigration policies
In light of potential deportation actions, lawyers recommend internal I-9 audits to ensure the work authorization status of employees.
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Project Wins
Meta taps Turner, DPR, Mortenson for $10B data center
The facility in Louisiana’s Richland Parish will span more than 4 million square feet and ranks as the tech giant’s largest AI investment to date.
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What to do if immigration agents come to your jobsite
The incoming Trump administration has promised to step up workplace raids. Here’s how contractors can prepare.
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Opinion
Trump’s push for deregulation a double-edged sword for construction
The president-elect’s focus on slashing red tape could be problematic for contractors and developers, writes a construction risk management expert.
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Open construction jobs fall 40% from year ago
The number of workers that contractors hired in October dropped, as did the number they laid off.
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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.