Tag: backlog
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Data centers, public works boost backlog, but confidence cracks
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog increased to 8.8 months in July, up 0.4 months from a year ago, according to an Associated Builders and Contractors survey conducted July 24 to Aug. 4. Backlog increased year-over-year in every region…
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Granite continues buying spree as backlog hits $6.1B
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Granite Construction continued paving a profitable path in the second quarter while racking up a record amount of backlog and buying two aggregate suppliers. The Watsonville, California-based road builder, materials supplier and infrastructure firm purchased Hattiesburg, Mississippi-based…
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Tutor Perini fends off tariff impacts as backlog doubles
Listen to the article 7 min This audio is auto-generated. Please let us know if you have feedback. For years, Tutor Perini executives have asked investors for patience as the company worked through dispute resolutions on older projects and ramped up new, multibillion-dollar jobs. That patience is now paying off. The Los Angeles-based contractor had…
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Turner hits record $39B in backlog, buoyed by data center work
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. New York City-based Turner Construction, the largest contractor in the U.S. by revenue, is having a very good year. The privately held company announced in a news release that its 2025 first half results included more than…
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Turner hits record $39B in backlog, buoyed by data center work
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. New York City-based Turner Construction, the largest contractor in the U.S. by revenue, is having a very good year. The privately held company announced in a news release that its 2025 first half results included more than…
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Tariffs sap Fluor’s backlog, trigger project cancellations
Fluor reported three months ago that clients were forging ahead with projects despite trade headwinds. Now, many are hitting pause, the company said on its Friday second quarter earnings call. “Over the past couple of months, we’ve seen more clients continue to take a wait-and-see approach due to a variety of reasons, including ongoing trade…
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Council takes ‘critical action’ to reduce planning backlog
Councillor Mike Rigby, portfolio holder for economic development, planning and transportation, said: “This is an incredibly complex problem to solve, and we recognise that this critical action will impact on our residents. But it is necessary to bring work in progress down to a more manageable and sustainable standard and to make Somerset’s planning service a…
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Backlog rebounds off data center construction boom
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog rebounded to 8.7 months in June due to a strong flow of data center projects, according to an Associated Builders and Contractors survey conducted June 20 to July 7. The largest contractors now…
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Backlog hits nearly 2-year high despite tariff worries
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Despite the threat of tariffs, construction backlog rose to its highest level since September 2023 and contractors’ confidence in their future profit margins grew, according to an Associated Builders and Contractors survey April 22 to…
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Tutor Perini turns a profit on growing backlog
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Tutor Perini, the Los Angeles-based heavy civil construction company, is finally making money doing construction again. After several quarters of disappointing results plagued by payouts for legal disputes on legacy projects, the company reported it is collecting…