SABBAGH Hassib Sabbagh, co-founder and chairman of Athens-based Consolidated Contractors Group (CCG), one of the largest Middle East building contractors whose past projects include Iraq’s Abu Ghraib prison, died on Jan. 12 in Cleveland. He was 90. From a small firm founded in 1945 in Haifa, Israel, that built housing for Jewish veterans of the British army in Palestine, CCG became the 44th largest firm on ENR’s list of The Top 225 Global Contractors, with $5.46 billion in 2008 international revenue. More than two-thirds of that is in industrial and petrochemical markets. The firm relocated to Beirut in 1948 but
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.