Few things at major hub airports are more important to busy travelers than smooth connections between flights. So it’s appropriate that Salt Lake City International Airport (SLC) has achieved a barely detectable handoff between the first and second phases of its decade-long $4.5-billion redevelopment program.
The story behind JHL Constructors’ president and CEO is more the exception than the norm for a general contractor these days: Ben Stellor has worked at just one company—JHL—for his entire career.
At 100 years old, Jacobsen Construction shows no signs of slowing down. A stalwart of the Utah construction industry, Jacobsen had its best year yet in 2021, with the firm earning record revenue of $740 million from projects across the U.S. More than $585 million came from projects built in the Mountain States, an increase of 25% from 2020. And if the firm meets its overall 2022 projected revenue of $900 million plus, it will keep breaking records.
While the region’s seven states report improved public and private markets from 2021 through this year, problems with the availability and delivery of materials, labor shortages and the rise in inflation continue to curb revenue and expectations at construction firms.
Large scale voltage lines move ahead in federal reviews, as utilities seek to link more onshore wind and other renewable energy in their changing power source mix.