Environmental giant CDM is in talks about a possible link with transportation engineer Wilbur Smith. A merger or acquisition if completed would combine two businesses with strong brands in their respective markets and more than 100 years of combined operating history. Both are based on the U.S. east coast but operate internationally. CDM is a Cambridge, Mass.-based engineering and construction management firm and Wilbur Smith & Associates Inc. is a Columbia, S.C., transportation designer. The transaction is in “due diligence,” says a CDM spokeswoman, declining to note the nature or timing of any new association. “This would be a good
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.