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Home » Topics » Business » Companies

Companies
Companies RSS Feed RSS

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Companies

Buyer of Services Giant Wood Group Pulls $2B Bid at Deal Crunch Time

Debra K. Rubin
Debra K. Rubin
August 8, 2024
No Comments

Dubai-based engineer Sidara exits deal at Aug. 9 deadline, citing "rising geopolitical risks and financial market uncertainty" but offering no details.


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BWXT.MICROREACTOR.jpg
Advanced Nuclear Power

Burns & McDonnell Joins Effort to Develop Remote Site Microreactors

Doug Puppel
August 7, 2024
No Comments

Firm will handle detailed engineering, preconstruction and nuclear supply chain development for technology firm's 50-MW thermal power facility eyed to support industrial facilities, data centers and other users in Wyoming.


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Nabih Youssef- Nabih Youssef & Asssociates.jpg
Executive News

Obituary: Nabih Youssef, 80, Pioneered Performance-Based Seismic Design

Structural engineer and founder of Nabih Youssef & Associates, who died July 12, is remembered as the "consummate professional"
Emell Adolphus
Emell D. Adolphus
August 6, 2024
No Comments

Leading structural engineering expert is remembered by colleague as the "consummate professional."


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hermes-architect-rendering-july2024-3x2-2048x1365-1-768x512.jpg
Advanced Nuclear Power

Barnard Construction Starts Major Work on Next-Gen Nuke Reactor

Debra K. Rubin
Debra K. Rubin
August 1, 2024
No Comments

Contractor will build estimated $629M demo facility in Tennessee for engineer-developer Kairos Power—the first and only advanced nuclear reactor that feds have approved for construction


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Executive News

Obituary: Jim Maxwell, 76, Was Innovator in Deep Foundations Work

James-Leggate.jpg
James Leggate
July 31, 2024
No Comments

Chair of Chelmsford, Mass.-based Hub Foundation Co. Inc. and cited earlier this year by The Moles for outstanding achievement, Maxwell died July 25 after a five year battle with Lou Gehrig's disease,


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Harbor_Bridge_contruction_April 2024.jpg
Companies

ACS Combines Flatiron, Dragados Into Single Engineering and Construction Company

Peter Davoren, CEO of Turner Construction, will also be chairman of the merged entity
Richard Korman.jpeg
Richard Korman
July 30, 2024
No Comments

The newly formed company will be among the largest infrastructure contractors in the U.S.


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Apartment tower
Workforce

Building Firms Owe Misclassified Workers $1.75M in D.C. Lawsuit Pact

Jim Parsons
July 30, 2024
No Comments

Electrical contractor Power Design, general contractor John Moriarty & Associates and other firms agree to $3.45M pact that includes restitution for wages and benefits the city claimed were not provided to 1,200 workers, and civil penalties.


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mergers--acquisitions.jpg

Turner Construction Expands in Europe With Buy of Irish Engineer

Richard Korman.jpeg
Richard Korman
July 26, 2024
No Comments

The planned acquisition of Dornan Engineering Group, an advanced technology sector specialist, will add another dimension in Europe for Turner and its Germany-based parent company, Hochtief. 


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Florida crane accident survivor.png

Fatal Crane Accident Videos Show Crushed Cars, Stunned Survivors and Grief-Stricken Crew

Richard Korman.jpeg
Richard Korman
July 24, 2024
One Comment

Police body cameras provided an unusual behind-the-scenes glimpse of the construction crew just after a disastrous accident at a Fort Lauderdale, Fla., high-rise project earlier this year, in video released by city police.


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Golden-Pass-LNG-export-terminal.jpg
Megaproject Dispute

UPDATE: Zachry Exits Big Texas LNG Project in Deal With Exxon, Qatar Energy

But Exxon CEO told investors Aug. 2 that long turmoil at $11B Golden Pass gas export terminal forces six-month startup delay, to end of 2025
Debra K. Rubin
Debra K. Rubin
July 23, 2024
No Comments

But Exxon CEO told investors Aug. 2 that long turmoil at $11B Golden Pass gas export terminal forces six-month startup delay, to end of 2025.




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