Key Highlights
- The U.S. construction industry is booming, with spending exceeding \$1.9 trillion in 2023.
- This growth is fueled by numerous companies specializing in commercial, industrial, institutional, and civil construction services.
- Engineering News-Record (ENR) annually ranks the Top 400 Contractors, with the 2023 top companies generating a combined \$460 billion.
- This blog highlights ten leading construction companies, considering their revenue, project portfolios, and impact on the industry.
- From iconic landmarks to intricate infrastructure, these companies shape the world around us.
- Their expertise, experience, and commitment to innovation solidify their place as industry leaders.
Introduction
The construction industry is growing quickly, especially in North America. New York plays a big role in this growth. Many projects are happening in different areas, and the construction industry affects both the economy and the views of cities across the United States. To understand why this growth is happening, we need to look at the top construction companies working in this busy environment.
Leading Construction Companies in the Industry
Many companies have shown strong performance and changed the construction world. These big companies have great skills, plenty of resources, and a strong focus on new ideas. This has given them a good name as the best in their field. They build famous buildings and handle tricky infrastructure work. Their influence is felt all over the world. Now, let’s look at the top 10 construction companies leading the way.
1. Turner Construction Company
Turner Construction Company has a long history of over 100 years. It is well-known for building important buildings that can be seen in skylines all across America. The company is based in New York and has made a big impact in the city. Some of its major projects include the redevelopment of Madison Square Garden and the new Yankee Stadium.
Turner’s reach goes beyond New York. It has worked on big projects all over the country, including SoFi Stadium in Los Angeles, which is home to the NFL teams Rams and Chargers. Turner is skilled at managing complex projects while still being involved in local communities. Because of this, they are recognized as leaders in the construction industry.
2. Bechtel Corporation
Bechtel Corporation is a top player in global construction. They are well-known for their skill in building large infrastructure projects. Bechtel has made a big impact on the world with their work. Their list of projects includes famous ones that have changed entire industries and even countries.
They built the Hoover Dam, which shows American creativity, and the Channel Tunnel that connects England and France. These projects are not just big; they also change lives. Bechtel is an international construction services company. They have a workforce of 55,000 people in 50 countries. All of them work together to reach engineering excellence.
3. Fluor Corporation
Fluor Corporation is known for handling some of the world's hardest and most complicated projects. With over a century of experience, Fluor has always pushed what is possible in construction. The company works in many areas like energy, infrastructure, and government services.
What makes Fluor special is its skill in completing projects very accurately and efficiently. This has given them a strong reputation for meeting and even exceeding what clients expect. With its global presence and solid financial support, shown by an annual revenue of over $14 billion, Fluor remains a major player in the industry.
4. Kiewit Corporation
Kiewit Corporation is a big company owned by its workers. It has strong ties to North America. It shows how hard work and dedication can lead to success. Founded in 1884, Kiewit went from a small business to one of the biggest construction and engineering companies in North America. The company has done many impressive infrastructure construction projects.
Kiewit's impact in the United States is very significant. They have built more highway lane miles than any other contractor. Kiewit is committed to large projects that connect communities and help economic growth. This commitment makes Kiewit a true leader in the industry across America.
5. DPR Construction
DPR Construction is a modern company that cares about sustainability and keeping clients happy. Located in San Francisco, DPR is known for its green building work. They complete projects that aim to reduce harm to the environment while still being high-quality and effective.
The company’s success comes from teamwork. DPR supports a culture where everyone can lead and take ownership of their work. This focus on its people and sustainable methods has made DPR a reliable and creative name in the building industry.
Some of their notable projects are:
- The Mayo Clinic West expansion in Phoenix, which is 583,800 square feet.
- The famous Pixar Animation Studios in California.
6. The Whiting-Turner Contracting Company
The Whiting-Turner Contracting Company has a history that goes back over a hundred years. It is one of the biggest general contractors in America. The company is based in Baltimore, Maryland. Whiting-Turner has worked on many different projects, such as big commercial buildings and complex healthcare facilities.
The key to their success is their strong focus on integrity, quality, and keeping clients happy. This reliable way of working, along with their long record of financial strength, shows how Whiting-Turner still thrives in the changing construction world.
7. Skanska USA
Skanska USA is part of the world’s Skanska Group. They have found a special place in the construction industry because they focus on sustainable building. They use new methods to deliver projects. Skanska emphasizes green building practices. This helps them complete projects that reduce harm to the environment. At the same time, they work efficiently and use resources wisely.
Skanska is known for its people-focused culture. They value diversity and care about more than just construction. They create a setting where new ideas can thrive. Their projects help make positive changes in communities. Safety is a priority for Skanska. They also use the latest technology and encourage teamwork. This way, Skanska sets new standards for the industry.
8. PCL Construction Enterprises
PCL Construction Enterprises is a well-known leader in the construction world. It is famous for its skills in construction management and project delivery services. PCL began in Canada but now its projects are all over the globe. This wide range of work shows how much they care about innovation and keeping clients happy.
PCL focuses on being proactive. They believe in working together with others and using technology. This helps them streamline processes and get great results. Safety is very important to PCL. Their excellent safety record shows how much they stick to their core values.
9. The Walsh Group
The Walsh Group is a family-owned company that started in 1898. It has become an important player in the construction industry. Based in Chicago, the company is known for handling complex projects in different areas, especially transportation, water infrastructure, and healthcare.
What sets The Walsh Group apart is its strong commitment to its core values. These values include integrity and teamwork. The company always aims to exceed client expectations. This focus on excellence has made Walsh a trusted partner for projects that require careful planning, new ideas, and a solid understanding of the construction process.
10. STO Building Group
Headquartered in New York, STO Building Group has solidified its position as a construction powerhouse by consistently delivering exceptional projects that redefine skylines and push the boundaries of design and functionality. Its diverse portfolio includes a range of sectors, from high-end commercial spaces to cutting-edge life sciences facilities.
STO Building Group's success is deeply rooted in its core values, which emphasize integrity, collaboration, and an unwavering commitment to safety and sustainability. They believe in:
Core Value |
Description |
Integrity |
Building trust and doing the right thing. |
Collaboration |
Working together to achieve shared goals. |
Safety |
Providing a secure work environment. |
Sustainability |
Building with the future in mind. |
Conclusion
In conclusion, these top construction companies are at the forefront of the construction industry. They deliver impressive projects and bring new ideas. Their focus on excellence makes them top choices for big building projects. Companies like Turner Construction Company, Bechtel Corporation, and Fluor Corporation show their skills and dependability time and again. As the construction industry changes, these companies influence its future with their great work. If you need leaders in the field for your next project, think about teaming up with these top 10 construction companies for the best chance of success.
Explore further details on our website for insights into the construction industry's top players.