Corporate News

  • An aerial shot shows the convergence of the Brooklyn and Manhattan Bridges in New York City.
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    Art Wager/iStock/Getty Images Plus via Getty Images
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    FlatironDragados spins out SPC Construction for New York region

    Three long-time area companies will form a transportation and water infrastructure specialty firm aimed at the region’s maze of tunnels, bridges, roadways and water systems.

    By • June 25, 2025
  • A sign and guard post are pictured on the Andersen Air Force Base in Guam.
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    Justin Sullivan via Getty Images
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    Executive Moves

    Tutor Perini’s Black Construction names new president

    Leonard Kaae has worked at the Guam-based subsidiary for more than 40 years, helping grow it into the island's second-largest employer.

    By • June 20, 2025
  • A rendering of the Innovation Hub at California State University Fullerton.
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    Courtesy of Gensler
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    Project Milestones

    C.W. Driver starts $54M Innovation Hub for Cal State

    Located at California State University Fullerton, the system’s most populous campus, the facility will help accommodate the engineering and computer science program’s growing student body.

    By • June 17, 2025
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    sawaeng wonglakorn via Getty Images
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    Gilbane launches procurement division

    The builder has hired former Turner Construction executive Suzanne Bennett to lead its new subsidiary focused on equipment sourcing.

    By • June 16, 2025
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    Courtesy of Gilbane Building Co.
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    Project Milestones

    Gilbane, F.A. Wilhelm top out $4.3B Indianapolis hospital

    The project, which will feature 864 inpatient rooms and 50 operating rooms, has ballooned in cost from the original $1.6 billion estimate.

    By • June 9, 2025
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    Courtesy of Manhattan Construction
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    Manhattan Construction opens new Atlanta office

    The Tulsa, Oklahoma-based company, which has maintained a presence in Atlanta since 2001, will focus on the aviation, government, healthcare, laboratory and mission-critical sectors in the region.

    By • June 3, 2025
  • A rendering shows a busy streetscape in front of the future Etihad Park stadium in Willets Park, Queens.
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    Courtesy of Turner Construction
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    The top commercial contractors of 2025

    Turner maintained the No. 1 spot for another year, Bechtel reclaimed second place and HITT made its top 10 debut after a huge revenue boost.

    By • May 29, 2025
  • Ricky Byrd
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    Courtesy of Caddell Construction
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    Q&A

    New president of Caddell’s commercial division aims to speed growth

    The Arkansas contractor, which has three new offices and a fourth on the way, has grown thanks to its focus on repeat clients, says Ricky Byrd.

    By • May 19, 2025
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    Bullseye Total Media / Jeffrey McClelland
     

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    Sponsored by Portable Solutions Group

    PSG and VitalSpace: Modular innovation that’s reshaping job sites

    PSG joins VitalSpace to deliver smarter modular access and safety solutions to the construction industry. Learn how this partnership is redefining what’s possible.

    By Hannah Petracca Franklin • May 19, 2025
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    jpgfactory via Getty Images
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    Public builders flag initial tariff impacts

    While a few major contractors characterized the environment as business as usual, some noted that uncertainty is keeping clients on the sidelines. 

    By Construction Dive Staff • May 15, 2025
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    Courtesy of Skanska
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    Skanska downgrades US construction outlook

    CEO Anders Danielsson said in an earnings call that customers have taken longer to decide to invest amid economic uncertainty, but its pipeline remains strong.

    By • Updated May 13, 2025
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    Courtesy of Burns & McDonnell
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    Burns & McDonnell opens new office in San Antonio

    The move expands the Missouri-based contractor’s presence in the Lone Star State and will enable it to meet growing demand for infrastructure.

    By • May 13, 2025
  • Secant pile installation on Manhattan’s west side is nearly complete. Next, workers will excavate and install the box tunnel.
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    Courtesy of Gateway Development Commission
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    Tutor Perini turns a profit on growing backlog

    The Los Angeles-based contractor reported a record pipeline of work, raised its outlook for the first time in company history and expressed confidence in the face of tariffs.

    By • May 12, 2025
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    Permission granted by NAWIC, Photo taken by Paul Brandner
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    Sponsored by National Association of Women in Construction

    Futurist to share her vision for women in construction at NAWIC Annual Conference

    Innovation strategist Nikki Greenberg will discuss generational and technological industry changes, and how to best prepare for the future.

    By NAWIC Staff • May 12, 2025
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    art2002 via Getty Images
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    M&A activity cools amid instability: WSP

    CEO Alexandre L’Heureux nonetheless sees a strong year ahead for North America, he said in a Q1 earnings call.

    By • May 9, 2025
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    Kena Betancur via Getty Images
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    AECOM sees delays, deferrals tied to Trump policies

    Although some clients have postponed decisions due to uncertainty in Washington, in a Q2 earnings call CEO Troy Rudd maintained he is bullish on the president’s deregulation push.

    By • May 7, 2025
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    Courtesy of Fluor
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    Fluor says most customers forging ahead despite tariffs

    Some clients are awaiting “market clarity and cost certainty” before making final investment decisions, new CEO Jim Breuer said in an earnings call.

    By • May 6, 2025
  • A large piece of construction equipment looms in the foreground, on a bright, sunny day, made of steel piping.
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    Permission granted by Turner Construction
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    Turner launches offsite manufacturing company

    Its new subsidiary, xPL Offsite, will target projects in the advanced technology segment while also eyeing opportunities outside of that niche.

    By • May 6, 2025
  • A gray stone building sits in the foreground, with a hint of asphalt in the front. The logo of PCL sits on the top right.
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    Permission granted by PCL Construction
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    PCL to open Phoenix office

    A 20-year company vet will lead the charge in the contractor's push to bolster its commercial building focus in the region.

    By • May 5, 2025
  • A wide angle photo shows road widening construction work underway in Tucson, Arizona.
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    Courtesy of Granite Construction
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    Granite shrugs off tariff impacts, hints at new IIJA

    The California-based civil builder’s CEO said the firm hasn’t been hampered by levies and that there’s political will in Congress for a follow-on infrastructure law. 

    By • May 2, 2025
  • A Genentech sign in front of its headquarters in South San Francisco, California.
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    Justin Sullivan via Getty Images
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    Executive Moves

    Dome Construction picks Matoza for CFO role

    The South San Francisco-based contractor was an early player in the biotech and advanced manufacturing construction markets.

    By • April 30, 2025
  • headquarters of W.E. O'Neil
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    Courtesy of W.E. O'Neil
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    Bill O’Neil, former W.E. O’Neil CEO, dies at 83

    A third-generation builder, O’Neil led the Chicago-based construction firm for 29 years and oversaw the company’s national expansion.

    By • April 25, 2025
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    Courtesy of Granite Construction
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    Project Wins

    Granite reaps $80M Texas farm-to-market highway job

    Farm to Market Road 548 near Dallas, part of the state’s historic network of rural byways connecting agricultural centers to cities, will get a concrete makeover.

    By • April 24, 2025
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    Highwaystarz-Photography via Getty Images
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    Cash flow problems continue to plague subcontractors: report

    A survey of 800 construction pros found a majority of firms dip into profit margins to maintain working capital.

    By • April 24, 2025
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    Shutterstock/ f11photo

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    Executive Moves

    Graycor hires construction vet to lead Southwest division

    Brett Helm brings 30 years of construction experience and will pursue new opportunities in advanced manufacturing and semiconductor fabs.

    By • April 18, 2025