Corporate News: Page 10

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    rabbit75_ist/iStock/Getty Images Plus via Getty Images
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    Tutor Perini’s loss widens on continued legal disputes

    The Los Angeles-based heavy civil contractor said it is working to resolve most of its outstanding litigation by the end of 2024.

    By • Nov. 13, 2023
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    art2002 via Getty Images
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    WSP’s profit, revenue, backlog up in Q3

    The Montreal-based firm sees a positive outlook for its green transition work and reaffirmed the guidance that it raised last quarter.

    By • Nov. 9, 2023
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    Jeenah Moon via Getty Images
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    Microsoft-backed study shows AI investments producing returns

    For every $1 companies invest in AI, they are realizing an average of $3.50 in return, the report says.

    By Alexei Alexis • Nov. 8, 2023
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    ljubaphoto/E+ via Getty Images
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    Opinion // Business Matters

    8 ways to build your brand

    Contractors often downplay marketing efforts and instead rely on word-of-mouth connections, but a few simple steps can help find new clients, says a construction branding expert.

    By Chemene Phillips • Nov. 7, 2023
  • Headshots of Stephen Sandherr and Jeffrey Shoaf
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    Permission granted by Associated General Contractors of America
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    Sandherr to retire after 27 years as AGC head

    CEO Stephen Sandherr will leave the Washington, D.C.-based association in March, when current COO Jeffrey Shoaf will replace him.

    By • Nov. 6, 2023
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    Retrieved from Lendlease on August 15, 2023
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    Google still reviewing options for Bay Area project

    After Lendlease said agreements to build four developments worth $15 billion were no longer mutually beneficial, the tech giant said it continues investigating ways to move forward.

    By • Updated Nov. 8, 2023
  • Aerial view of Bayer's pharmaceutical plant in Berkeley, California
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    Courtesy of Bayer
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    Fluor earnings rise as legacy projects wind down

    Strength in its energy and urban solutions segments built on the positive momentum from the previous quarter.

    By • Nov. 3, 2023
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    ventdusud via Getty Images
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    Granite posts lower profits on increased revenue, record backlog

    The California-based contractor continues to work through its old, less profitable jobs, but is booking new ones at a faster rate than last year.

    By • Nov. 1, 2023
  • aerial view of the NASA Langley Research Center in Hampton, Virginia
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    Courtesy of NASA
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    Jacobs faces $15K penalty for safety violations on NASA project

    The fines stem from alleged infractions around lead-based paint, asbestos removal and PPE requirements during a job in Hampton, Virginia.

    By • Oct. 31, 2023
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    Courtesy of Ford Motor Co.
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    Ford delays construction on second Kentucky battery plant

    The automaker is also delaying $12 billion in EV investments a month after it paused construction on its Michigan EV factory.

    By Kate Magill • Oct. 30, 2023
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    yhelfman/iStock/Getty Images Plus via Getty Images
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    Executive Moves

    Swinerton names new Silicon Valley lead

    California construction vet Jennifer Lauritzen will head the division that focuses on healthcare, tech and education builds, including at Stanford University.

    By • Oct. 27, 2023
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    Courtesy of Penn State University
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    October 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 • Oct. 27, 2023
  • A large facility sits in a grass field with a parking lot. The building is rectangular and white, and the view is from above.
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    Courtesy of Li-Cycle
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    Work stops at $500M US-backed battery plant

    Owner Li-Cycle Holdings paused construction at the Rochester, New York, hub due to escalating costs and is reviewing its future plans.

    By • Oct. 26, 2023
  • Aerial view of Meta'a data center facility in Temple, Texas.
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    Courtesy of Meta
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    JE Dunn resumes construction on $800M Meta data center

    The tech giant hit pause on the project in December in order to change the design, according to a company announcement.

    By • Oct. 23, 2023
  • Aerial view of Bayer's pharmaceutical plant in Berkeley, California
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    Courtesy of Bayer
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    Fluor completes $250M Bayer pharmaceutical plant

    The facility in Berkeley, California, will be the drug maker’s first fully electric factory, according to the Irving, Texas-based construction firm.

    By • Oct. 23, 2023
  • A rendering shows a five-story patient tower at Westchester Medical Center in New York.
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    Courtesy of WMCHealth via Turner Construction
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    Project Wins

    Turner wins $186M NY healthcare tower job

    The five-story facility, funded by tax-exempt bonds, will house 96 hospital beds.

    By • Oct. 20, 2023
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    Permission granted by The Wendy's Co.
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    Q&A

    Wendy’s exec leads new store growth across the world

    Abigail Pringle oversees restaurant design, real estate, construction and franchise development for the fast food giant.

    By • Oct. 18, 2023
  • A rendering shows plans for two new leading-edge Intel processor factories in Licking County, Ohio.
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    Courtesy of Intel
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    Executive Moves

    Gilbane taps former Skanska exec for regional president role

    The Rhode Island builder chose 30-year veteran Michael C. Brown to oversee its Midwest and Texas regions.

    By • Oct. 17, 2023
  • A sign of the NIBS Building Innovation Conference stands in the Washington Hilton Hotel on Sept. 6
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    Sebastian Obando/Construction Dive
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    Top construction events for the second half of 2024

    It’s time to plan ahead. Construction Dive has you covered with a full list of industry conferences, expos and meetings on tap for the rest of the year.

    By • Updated April 30, 2024
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    Permission granted by DPR Construction
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    DPR opens new office, expands New England presence

    The California-based contractor has grown its Boston-area workforce from a handful of employees to more than 200 workers in 10 years.

    By • Oct. 10, 2023
  • Bunk beds with white bedding sit before a window with a view of Manhattan skyscrapers.
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    Courtesy of Hilton
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    Travel rebounds, boosts hotel projects

    A recovery in the hospitality industry and an increase in consumer confidence have led hotel companies to prime their construction pipelines.

    By Industry Dive Staff • Oct. 2, 2023
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    Permission granted by Suffolk Construction
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    Executive Moves

    Suffolk taps Clark exec for EVP role

    Brett Earnest will take over as the Boston-based builder’s aviation and transportation, federal and mission critical leader.

    By • Sept. 27, 2023
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    Courtesy of Mycon General Contractors
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    Executive Moves

    Mycon names senior VP for Texas, Arizona

    Rick Dubec will helm the distribution center sector for the Dallas-based firm, which counts multiple Walmart projects in its portfolio.

    By • Sept. 25, 2023
  • Lendlease
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    Permission granted by Lendlease
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    Executive Moves

    Lendlease names head of development for Americas

    Meg Spriggs will oversee the region’s $21 billion pipeline, which includes projects in New York City, Boston and Chicago.

    By • Sept. 20, 2023
  • A photo of the exterior of a Sheetz location in the Columbus, Ohio area.
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    Courtesy of Sheetz
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    Sheetz aims for 1,000 stores

    The convenience retailer held a grand opening for its 700th store Tuesday, and has plans to expand in Ohio and enter Michigan.

    By Jessica Loder • Sept. 18, 2023