Bottom Line AECOM May Consider Market Shifts Amid Profit Shortfall Construction Chief Dan McQuade Is Gone Debra K. Rubin Jim Parsons November 14, 2018 One Comment The design-build giant's revenue rose, but results signal possible exit from P3 infrastructure concessions and reduced global work.Read More
Companies SNC-Lavalin Sees Solid Results Despite Legal Battles Scott Van Voorhis Debra K. Rubin November 8, 2018 No Comments Montreal design-build giant pushes to avoid criminal trial for past alleged bribes, but third-quarter numbers are positive, says CEO.Read More
Montreal P3 Bridge Builders In Talks with Government Over Schedule Miss Scott Van Voorhis November 1, 2018 No Comments Myriad issues, including freezing conditions, now will delay the $3.1-billion Champlain span, possibly until June.Read More
Economist Sees India's Construction Industry Transforming Over Next 15 Years Scott Blair Janice L. Tuchman October 31, 2018 No Comments Industry economist sees major growth trend in India's construction market.Read More
SNC-Lavalin Plots Course As Preliminary Bribe Hearing Starts Scott Van Voorhis Debra K. Rubin October 29, 2018 No Comments With no agreement to settle charges against firm related to actions by now-departed executives, the firm seeks public support in an open letter from its CEO.Read More
MWH Constructors To Get New Corporate Home in Stantec Spinoff October 26, 2018 No Comments National Academy of Constructors names 37 new members for industry contribution. Read More
Indemnifications How Jacobs Pried $109M For Blast Costs From Conagra Brands The engineering giant was stuck with liability for an accident triggered by others Scott Van Voorhis October 24, 2018 No Comments If Jacobs didn't cause the terrible 2009 explosion at a Slim Jim plant, why did it have to pay the settlements?Read More
Finance Skanska Books $100M Write-Off On P3s As US Civil Chief Exits That Role Richard Cavallaro has stepped down as unit CEO Peter Reina Debra K. Rubin Jim Parsons October 24, 2018 2 Comments The firm did not identify the impaired projects, but Moody's reported a large claim pending on its Florida I-4 highway P3.Read More
Feds Say OK to Northstar's Takeover of Vermont Yankee Nuke Plant Mary B. Powers October 24, 2018 No Comments NRC grants license to NYC-based cleanup firm, but the Green Mountain State is last hurdle to ownership for $500M takedown.Read More
Companies Jacobs Set to Sell Energy, Chemicals Unit for $3.3B to WorleyParsons Debra K. Rubin October 22, 2018 No Comments Australian buyer says proposed buy tracks a pickup in global hydrocarbon and mining markets.Read More