Corporate News
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December 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Jacobs, Mortenson and Bechtel.
By Construction Dive Staff • Dec. 19, 2024 -
TCJA extensions under Trump ‘very possible’: tax expert
Provisions from the 2017 Tax Cuts and Jobs Act could survive the legislation’s 2025 expiration date, said Anchin’s Fred Barotz during a recent webinar.
By Matthew Thibault • Dec. 19, 2024 -
Trendline
Top 5 stories from Construction Dive
Construction Dive editors curate some of the industry’s top stories from this year.
By Construction Dive staff -
Project Wins
Turner lands $158M California emergency operations project
The state center to enhance disaster response capabilities across Southern California includes an office building, warehouse and energy infrastructure.
By Joe Bousquin • Updated Dec. 19, 2024 -
Executive Moves
Suffolk snares DC-area lead from Consigli
Philip Brault has moved over to the Boston-based firm to head its mid-Atlantic region and capitalize on growth in federal agency construction.
By Joe Bousquin • Dec. 16, 2024 -
Project Wins
Jacobs secures $249M award from Army Corps of Engineers
The deal supports environmental projects across the Northwest, Alaska and Hawaii and marks the firm’s 15th award with the agency this year.
By Sebastian Obando • Dec. 13, 2024 -
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.
By Matthew Thibault • Dec. 11, 2024 -
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.
By Matthew Thibault • Dec. 9, 2024 -
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.
By Matthew Thibault • Dec. 6, 2024 -
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.
By Sebastian Obando • Dec. 4, 2024 -
Deadline extended for Construction Dive’s annual Holiday Lights contest
Enter by midnight on Dec. 18 to show off your company’s holiday spirit in Construction Dive’s annual competition.
By Construction Dive Staff • Updated Dec. 16, 2024 -
Executive Moves
Skanska picks intern-turned-executive as EVP
Trevor Wyckoff, who joined the firm in 1998, will lead U.S. building operations in Oregon and Southwest Washington.
By Zachary Phillips • Dec. 2, 2024 -
Project Wins
Jacobs-McCarthy JV nabs $160M project in growing water sector
The project will expand the Robert W. Goldsworthy Desalter facility in Southern California to treat up to 9 million gallons of brackish water per day.
By Sebastian Obando • Dec. 2, 2024 -
November 2024 wins: Contractors report their latest awards
Construction Dive rounds up the newest project wins from some of the country's biggest builders including Skanska, Turner and Balfour Beatty.
By Construction Dive Staff • Nov. 27, 2024 -
Executive Moves
WSP names new transit and rail business head
Angela Schwarz will lead efforts to grow the firm’s presence in relevant markets and help oversee major transportation projects.
By Julie Strupp • Nov. 27, 2024 -
Public construction firms’ executives react to Trump win
Noting the prospect of lower taxes and fewer permitting hurdles, construction company leaders were mainly optimistic in the wake of the presidential election.
By Joe Bousquin • Nov. 25, 2024 -
Executive Moves
Swinerton picks client-focused exec to lead corporate services
Chris Chany helped grow the division’s portfolio from $300 million to just over $1 billion in revenue in four years, the firm said.
By Matthew Thibault • Nov. 25, 2024 -
AECOM optimistic about permit reform under Trump
The firm expects demand for water and other infrastructure work to remain strong, leaders said on a fiscal Q4 earnings call this week.
By Julie Strupp • Nov. 21, 2024 -
Demand for water, advanced facilities drive Jacobs’ growth
The burgeoning sectors drove double-digit gains across the Dallas-based firm’s portfolio, according to the company’s earnings call.
By Sebastian Obando • Nov. 20, 2024 -
Turner targets advanced tech builds in leadership revamp
With 40% of its revenues set to come from data centers, chip fabs and similar projects, the country’s biggest contractor is making moves to stay ahead of its growth.
By Joe Bousquin • Nov. 18, 2024 -
WSP leaders rosy on US work post election
The Canadian megacontractor reported higher revenue, profits and backlog in its third quarter, with plans for more acquisitions on the horizon.
By Julie Strupp • Nov. 12, 2024 -
Project Wins
Balfour Beatty snares $746M I-35 rebuild in Texas
The London-based contractor will reconstruct 2.5 miles of the highway through downtown Austin and build a link to the future light rail line.
By Julie Strupp • Nov. 12, 2024 -
With $14B in backlog, Tutor Perini will pursue fewer bids
There’s so much work and so few workers that the Los Angeles-based contractor is taking a hiatus from projects of $500 million or more.
By Joe Bousquin • Updated Nov. 13, 2024 -
Q&A
Infrastructure funds will continue to flow: PCL CEO
Chris Gower said one of the firm’s top priorities is to adapt to changes coming from a second Trump term.
By Matthew Thibault • Nov. 11, 2024 -
Fluor profits fall; data center and nuclear work offer upside
Project cancellations and delayed timing impacted the firm’s third quarter results, CFO Joe Brennan said during an earnings call last week.
By Sebastian Obando • Nov. 8, 2024 -
Executive Moves
Gilbane taps 30-year veteran to lead field operations
Jumanne Smith spent 20 years at Bethesda, Maryland-based Clark Construction before coming to Gilbane Building Co. for another decade.
By Matthew Thibault • Nov. 5, 2024