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The top 5 commercial construction companies

January 3, 2024
Posted by tanjiro

03 Jan

Commercial construction is on a roll. Nearly 69% of companies on Engineering News-Record’s ENR 2019 Top 400 Contractors increased their revenue last year compared to 2017 and as a group, the 373 companies that submitted surveys to ENR generated a new record of $405 billion in 2018 contracting revenue, a roughly 8% increase over the prior year.

To find out more about what’s behind the growth, Construction Dive has taken a comprehensive look into ENR’s top 10 firms by 2018 contracting revenue. Get to know these industry heavy hitters with a look at some high-profile projects and interesting facts that make them industry leaders. And compare this year with last year’s list as

well.

1. Bechtel

Revenue: $16.8 billion

Headquarters: Reston, Virginia

Ownership: Private

Last year’s ranking: 1

High-profile projects: Cheniere Energy’s Baccarat Online $11 billion Liquefaction project in Corpus Christi, Texas, and Tellurian’s $27.5 billion Driftwood LNG export terminal near Lake Charles, Louisiana.

Interesting fact: Bechtel has topped the list 21 years in a row. It is No. 11 on Forbes’ list of the largest privately owned American companies.

Fluor will construct Bayer’s biopharmaceutical manufacturing facility in California.

Bayer

2. Fluor

Revenue: $15.6 billion

Headquarters: Irving, Texas

Ownership: Public (NYSE: FLR)

Last year’s ranking: 2

High-profile projects: A joint venture with Balfour Beatty for a $1.7B Dallas highway contract and Bayer’s first-of-a-kind cell culture technology center in Berkeley, California.

Interesting fact: Fluor tops all U.S. construction firms in the petroleum and industrial sector.

A rendering of the Los Angeles’ Rams stadium, which Turner Corp. is helping to build.

3. Turner Corp.

Revenue: $13 billion

Headquarters: New York City

Ownership: Turner is a subsidiary of the German company Hochtief, which is publicly traded on German stock exchanges.

Last year’s ranking: 3

High-profile projects: The new $4.5 billion Los Angeles Rams stadium, in a joint venture with AECOM Hunt.

Interesting fact: Since its founding in 1902, Turner contributed to the construction of many landmark projects in New York City, including Madison Square Garden, Lincoln Center and Yankee Stadium.

AECOM is the construction manager for The Grand, a Frank Gehry-designed mixed-use development in downtown Los Angeles.

Related Cos.

4. AECOM

Revenue: $11.2 billion

Headquarters: Los Angeles

Ownership: Public (NYSE: ACM)

Last year’s ranking: 4

High-profile project: The Grand, a $1 billion mixed-use development in downtown Los Angeles from Related Cos.

Interesting fact: This January, AECOM was named one of Fortune magazine’s “World’s Most Admired Companies” for the fifth consecutive year.

Whiting-Turner is leading construction for Baltimore’s Port Covington redevelopment project.

5. Whiting-Turner

Revenue: $8.4 billion

Headquarters: Baltimore

Ownership: Private

Last year’s ranking: 8

High-profile projects: The $5.5 billion, 235-acre Port Covington waterfront redevelopment project in Baltimore, Maryland, and (in a joint venture with Kokosing Construction Co.) a $1.5 billion Amazon air hub at the Cincinnati/Northern Kentucky Airport.

Interesting fact: Whiting-Turner is construction manager for the Reach, a new outdoor stage and concert venue at the John F. Kennedy Center for the Performing Arts in Washington, D.C., set to open this fall.

Kiewit will design, engineer, construct, commission, test and guarantee a new LNG facility in Louisiana.

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