Corporate News: Page 7

  • Picture of LBJ Early College High School's building in Austin, Texas
    Image attribution tooltip
    Courtesy of Austin Independent School District
    Image attribution tooltip
    Executive Moves

    Jacobs CFO steps down after 8 months on the job

    The Dallas-based company brought back former CFO Kevin Berryman on an interim basis, as Claudia Jaramillo leaves to pursue other opportunities.

    By • April 2, 2024
  • gavel and scales
    Image attribution tooltip
    sabthai via Getty Images
    Image attribution tooltip

    Former AECOM exec reportedly sues over alleged ageism, profit inflation

    Jay Badame’s lawsuit claims the Dallas-based mega-contractor fired him due to his age and for questioning the firm’s earnings statements, according to The Real Deal.

    By • April 2, 2024
  • A rendering portrays renovations at Michie Stadium at the U.S. Military Academy in West Point, New York.
    Image attribution tooltip
    Courtesy of Turner Construction
    Image attribution tooltip

    March 2024 wins: Contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders including MCM Construction, Skanska and Turner.

    By Construction Dive Staff • March 29, 2024
  • Five women, the heads of the Chicago offices of AECOM-Hunt, Gilbane, Mortenson, Turner and Powers & Sons, pose for a group photograph.
    Image attribution tooltip
    Courtesy of Emma Kluever, C-Strategies
    Image attribution tooltip
    Q&A // ROUND TABLE

    Meet the 5 women leading major construction firms in Chicago

    The heads of Turner, Mortenson, Gilbane, AECOM Hunt and Powers & Sons in the Windy City talk inclusion, overcoming stereotypes and market dynamics.

    By • Updated March 29, 2024
  • A person wearing safety gear directs a beam that has a flag of the company Balfour Beatty, along with a Miami ironworkers union flag.
    Image attribution tooltip
    Courtesy of Balfour Beatty
    Image attribution tooltip
    Executive Moves

    Balfour Beatty US infrastructure arm appoints new execs

    The nods come on the heels of a profit drop for the London contractor.

    By • March 22, 2024
  • A street sign for Wall Street in front of the facade of the New York Stock Exchange.
    Image attribution tooltip
    JaysonPhotography via Getty Images
    Image attribution tooltip

    Earnings roundup: High interest rates catch up to construction

    On their earnings calls, publicly traded firms said they are feeling the sting of a sustained period with higher costs of borrowing.

    By Construction Dive Staff • March 6, 2024
  • Close up of conference room with glasses of water on the table with papers, armchairs and a large window.
    Image attribution tooltip
    Igor Kutyaev via Getty Images
    Image attribution tooltip
    Executive Moves

    HITT announces senior appointments

    The changes include new leaders for the Washington, D.C.-based firm’s offices in California and New York.

    By • March 5, 2024
  • The header image for the "Rising Star" category for Women in Construction 2022.
    Image attribution tooltip
    Jenni Sohn/Construction Dive
    Image attribution tooltip

    Construction Champions 2024

    These industry veterans from firms like Turner, Clayco and Flatiron are stalwarts in their fields, respected by all who work with them.

    By Construction Dive Staff • March 4, 2024
  • Two women in construction talking to each other.
    Image attribution tooltip
    Permission granted by Procore Technologies
    Image attribution tooltip
    Sponsored by Procore Technologies

    3 critical stages for retaining women in construction

    One of the key strategies in addressing the construction labor shortage is recognizing the value and importance of a diverse workforce.

    March 4, 2024
  • Building and construction cranes silhouetted against a yellow orange sky.
    Image attribution tooltip
    goncharovaia via Getty Images
    Image attribution tooltip
    Executive Moves

    Burns & McDonnell taps new CEO, expands C-suite

    Incoming chief Leslie Duke said the fresh roles and promotions will bolster the Kansas City-based contractor as it takes advantage of infrastructure opportunities.

    By • Feb. 29, 2024
  • A photo shows the Los Angeles headquarters of heavy civil construction contractor Tutor Perini.
    Image attribution tooltip
    JHVEPhoto/iStock Editorial/Getty Images Plus via Getty Images
    Image attribution tooltip

    Tutor Perini posts $171M loss for 2023 on legal disputes

    The megaproject contractor said most of the charges related to settlements on legacy projects have been resolved.

    By • Feb. 29, 2024
  • A rendering depicts the twin-tube Frederick Douglass Tunnel in Baltimore.
    Image attribution tooltip
    Courtesy of Amtrak
    Image attribution tooltip

    February 2024 wins: Contractors report their latest awards

    Construction Dive rounds up the newest project wins from some of the country’s biggest builders including Flatiron, Granite and McCarthy.

    By Construction Dive Staff • Feb. 29, 2024
  • Scout Motors held ground breaking ceremony on its $2 billion EV plant in Blythewood, South Carolina.
    Image attribution tooltip
    Courtesy of Scout Motors
    Image attribution tooltip

    Scout Motors breaks ground on $2B EV plant after environmental delays

    The automotive company plans to finish its South Carolina facility in 2026 after pausing construction in the fall of 2023.

    By • Feb. 29, 2024
  • A tour bus passes the Wall Street bull.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Granite posts profit for 2023, earns $26M in Q4

    The California-based road builder’s pivot to small jobs is paying off, but charges from outstanding legacy projects left a blot on its quarterly results.

    By • Feb. 23, 2024
  • Aerial view of the H2 Green Steel project in Sweden
    Image attribution tooltip
    Courtesy of Fluor
    Image attribution tooltip

    Fluor reports $21M loss, higher backlog

    Strong awards and cash generation were countered by a large negative charge, according to one financial research analyst.

    By • Feb. 21, 2024
  • Sun setting above the Phoenix city skyline.
    Image attribution tooltip

    Shutterstock/ f11photo

    Image attribution tooltip

    Kraus-Anderson buys healthcare-focused Phoenix builder

    Sonoran Crest Construction is the first acquisition for the 126-year-old Minneapolis firm.

    By • Feb. 13, 2024
  • Image attribution tooltip
    Christopher Furlong via Getty Images
    Image attribution tooltip

    AstraZeneca to invest $300M in US cell therapy plant

    The U.K. drugmaker is adding a facility in Rockville, Maryland, after a spate of dealmaking in the therapeutic field.

    By Kristin Jensen • Feb. 13, 2024
  • Waterfront view of a long open metal bridge.
    Image attribution tooltip
    The image by Wally Gobetz is licensed under CC BY 2.0
    Image attribution tooltip

    AECOM Q1 revenue, profits up as backlog dips

    CEO Troy Rudd cited strength in water, resilience and other infrastructure markets, but the firm pulled two previously announced deals from its development pipeline.

    By • Feb. 7, 2024
  • Aerial shot of TSMC's $40 billion construction project in Phoenix, Arizona
    Image attribution tooltip
    Permission granted by TSMC
    Image attribution tooltip

    Jacobs profits, backlog jump amid advanced manufacturing boost

    The Dallas-based company continues to add notable wins in its water infrastructure projects, according to the firm’s first quarter results.

    By • Feb. 6, 2024
  • Close up of conference room with glasses of water on the table with papers, armchairs and a large window.
    Image attribution tooltip
    Igor Kutyaev via Getty Images
    Image attribution tooltip

    Builders announce executive moves to start 2024

    Many major contractors made changes to their C-suites in the first several weeks of the year.

    By Construction Dive Staff • Feb. 5, 2024
  • Construction workers pour concrete into the ground as the sun rises.
    Image attribution tooltip

    Courtesy of Intel.

    Image attribution tooltip

    Intel’s $20B Ohio plant delayed

    The semiconductor giant has halted its Licking County project, citing business conditions and the demand environment, but said construction will continue soon.

    By • Feb. 5, 2024
  • Headshot of Alex Llerena
    Image attribution tooltip
    Permission granted by Blach Construction
    Image attribution tooltip
    Executive Moves

    Blach Construction names industry veteran as CFO

    Alex Llerena has more than 30 years of experience including stints at Bechtel, Cemex and Bradley Electric.

    By • Feb. 2, 2024
  • The Statue of Liberty stands in the foreground as Lower Manhattan is viewed at dusk, September 8, 2016 in New York City
    Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip
    Executive Moves

    STO Building Group makes 2 more executive appointments

    President Michael Trovini and Chief Risk Officer Scott Allan previously worked at Related Cos.

    By • Jan. 31, 2024
  • Waterfront view of a long open metal bridge.
    Image attribution tooltip
    The image by Wally Gobetz is licensed under CC BY 2.0
    Image attribution tooltip

    January 2024 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 • Jan. 31, 2024
  • A rendering of a hotel behind a large outdoor pool.
    Image attribution tooltip
    Courtesy of Kalahari Resorts and Conventions
    Image attribution tooltip
    Executive Moves

    Hensel Phelps names new president, other leaders

    The Colorado construction giant has tapped Brad Jeanneret and added new executive roles: chief administrative officer and chief health and safety officer.

    By • Jan. 31, 2024