Tag: Market
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Skanska names new strategy chief, market VP
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Sweden-based builder and developer Skanska made two major promotions within its U.S. building operations, the firm announced Oct. 2. Effective immediately, Jenny Chandler Graham has been promoted to executive vice president and chief strategy officer and Tieg…
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Skanska names new strategy chief, market VP
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Sweden-based builder and developer Skanska made two major promotions within its U.S. building operations, the firm announced Oct. 2. Effective immediately, Jenny Chandler Graham has been promoted to executive vice president and chief strategy officer and Tieg…
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Strategies for Managing Market Volatility in Commercial Construction
Managing market volatility in commercial construction takes time, effort, and expertise. Materials fluctuate in price. Labor markets shift overnight. Supply chains can break down without warning. These uncertainties make it more challenging to plan projects and manage budgets, but strategies exist to help mitigate these risks. To that end, here are a few ways you…
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ECITB sets out strategy to address labour market competition
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The Engineering Construction Industry Training Board (ECITB) has published its new strategy, Leading Industry Learning, outlining how it will help to address skills shortages and support industry growth. The five-year plan, from 2026 to 2030, outlines a strategy to develop the skills needed to deliver critical infrastructure across Great Britain. The ECITB forecasts that 40,000 additional…
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Amid hot data center market, Skanska grows advanced tech unit
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: As the high-tech and data center markets remain hot for builders, Skanska USA is expanding its advanced technology division, the firm announced Monday. Skanska Advanced Technology will now combine the contractor’s mission-critical infrastructure capabilities —…
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Skanska Report Highlights 2025 Construction Market Trends Amid Tariffs and Rising Material Costs
Skanska has released its Summer 2025 Construction Market Trends Report, offering analysis on the impacts of tariffs, supply chain conditions and material pricing on the U.S. construction industry. According to the report, total construction starts rose 16% in June to a seasonally adjusted annual rate of $1.33 trillion, largely driven by manufacturing and data center…
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Uncertainty takes center stage in contractors’ market outlooks
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: General contractors’ 2025 midyear construction outlooks highlight slower growth ahead due to policy uncertainty from tariffs and lingering cost pressures, according to market reports from Skanska, DPR and Gilbane. Common headwinds cited in the reports…
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Henderson Companies Opens D.C. Office for Data Center Market
Henderson Companies is proud to announce the opening of an office in the Washington, D.C., suburb of Chantilly, Va., its 15th office nationwide. The new office serves as a regional base for its two subsidiaries: Henderson Engineers, whose focus is building systems design, and Henderson Building Solutions, which specializes in design-build construction management and commissioning. It’s a move…
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Henderson Companies Opens D.C. Office for Data Center Market
Henderson Companies is proud to announce the opening of an office in the Washington, D.C., suburb of Chantilly, Va., its 15th office nationwide. The new office serves as a regional base for its two subsidiaries: Henderson Engineers, whose focus is building systems design, and Henderson Building Solutions, which specializes in design-build construction management and commissioning. It’s a move…
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Market still ‘very dynamic’: WSP CEO
WSP announced a $1 billion, seven-year partnership with Microsoft at the beginning of 2025 to accelerate the digitization of the architecture, engineering and construction industry via artificial intelligence. That alliance is now paying off, CEO Alexandre L’Heureux said on a second-quarter earnings call Aug. 7. “In our bidding group … we believe that very soon…