The construction industry is becoming more global, allowing firms to find a steadier stream of work internationally when domestic markets dry up. However, the widening geographic footprint is forcing firms to come to grips with the added cultural, labor and logistical challenges, including unpaid bills.
"Globalization has happened—the game has changed," said Lee A. McIntire, chairman and CEO of CH2M Hill Cos., who spoke at the Global Construction Summit, which ENR hosted on June 6-7 in New York City for several hundred attendees.