Sundt Construction, Inc. (www.sundt.com) ranks No. 52 on the National Center for Employee Ownership’s Top 100 largest majority-employee-owned companies list. In 1972, Sundt established an Employee Stock Ownership Plan (ESOP),…
The construction industry added 14,000 net new jobs in August, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On…
High Street Residential, the residential subsidiary of Trammell Crow Company, and its joint venture partner, a fund sponsored by CBRE Global Investors, have commenced construction on the first phase of…
Scottsdale-based UEB Builders, a general contractor specializing in commercial and residential projects, and Fortune-Johnson (F-J) General Contractors, a construction company specializing primarily in multifamily residential projects, have been acquired by Katerra, a technology company redefining the construction industry. UEB and F-J will leverage Katerra’s…
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.3% in July totaling $776 billion on a seasonally adjusted…
New York-based Foundation Capital Partners (FCP) and Chicago-based Baker Development Corporation (BDC) have broken ground on a two-building, Class A industrial project called VB/143. Located in the heart of Goodyear,…
ViaWest Group kicked off construction on two spec industrial buildings located at the SWC of Willis Road and Hamilton in the Chandler Airport submarket, totaling 140,372 SF. Groundbreaking is scheduled…
U.S. construction contractors and industry leaders are somewhat less confident about near-term prospects for nonresidential construction but remain reasonably upbeat, according to the June 2019 Construction Confidence Index released today…
Balsz School District with McCarthy Building Companies and DLR Group announce the beginning of construction on Balsz School District’s Pat Tillman Middle School, a middle school bearing the name of…
Sundt Construction, Inc. recently began work on the Maricopa Integrated Health System (MIHS) North and South Metro Ambulatory Clinics. The two care clinic projects will be constructed at the same…
Quetico, LLC ( kwe-ti-koh) closed Friday on about 39 acres of land at the northeast corner of 143rd Avenue and Yuma Road. The company is partnering with The Fullmer Company,…
As hope for a trade deal between the United States and China faded once again this week, the construction industry is bracing for continued uncertainty and higher prices as tariffs…
