Corporate News

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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
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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
  • A yellowish building with a body of water in front of it, and a hill with a excavator parked in the middle.
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    Courtesy of JCB
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    JCB plans San Antonio factory expansion to dodge Trump’s tariffs

    The U.K.-based heavy machinery manufacturer said the levies will impact its business in the short term.

    By Sara Samora • April 18, 2025
  • A picture shows a major highway construction project in progess.
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    Courtesy of Sundt
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    Executive Moves

    Sundt promotes from within for Southwest division leader

    Stew Grauer will serve as senior vice president and district manager for the region, which includes the Arizona-based contractor’s home turf.

    By • April 17, 2025
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    TomasSereda via Getty Images
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    Executive Moves

    Gilbane taps NYC construction veteran as city business leader

    Raquel Diaz, who previously worked for AECOM Tishman and Turner Construction, boasts more than $2.8 billion of project deliveries in the Big Apple.

    By • April 14, 2025
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    Sean Pavone via Getty Images
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    Crossland Heavy moves into Texas

    The Kansas-headquartered civil contractor aims to tap into demand for infrastructure projects in the fast-growing Dallas area.

    By • April 9, 2025
  • A tall framework of a building stands under a blue sky. Timber surrounds the exterior of the structure.
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    Courtesy of Mercer Mass Timber/Watson Media House
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    Walmart adds mass timber to new corporate HQ campus

    Mercer Mass Timber helped erect four CLT and glulam buildings, alongside additional offices with full frames made of the material.

    By • April 7, 2025
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    f11photo via Getty Images
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    Executive Moves

    Suffolk taps Tutor Perini vet for new Las Vegas office

    The Boston-based builder hired Chris Anderson, a two-decade veteran of Tutor Perini, to lead its Sin City location.

    By • April 4, 2025
  • Aerial nighttime view of the LA memorial coliseum stadium.
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    Courtesy of LA28 Olympic and Paralympic Games
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    March 2025: Contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Mortenson, HITT and Flintco.

    By Construction Dive Staff • March 31, 2025
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    frantic00 via Getty Images
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    Sponsored by RSM US LLP

    Construction and real estate companies can prepare for tax changes under Trump

    How construction and real estate firms can prepare for tax changes under a Trump-led government in 2025.

    By Marlon Fortineaux, Real Estate Tax Leader; Gene Garcia, Senior Analyst; Mac Carroll, Senior Analyst • March 31, 2025
  • two people in personal protection gear make their way up a set of stairs while a four-legged robot walks beside them.
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    Permission granted by Suffolk Construction
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    Executive Moves

    Suffolk taps Whiting-Turner vet for Dallas COO role

    Evan McKee will work to build Suffolk’s portfolio across commercial, higher education, institutional and healthcare as the firm increasingly leverages tech on area projects.

    By • March 28, 2025