During 2022, five construction companies will stand out as some of the best in the industry. These are Fluor Corporation, EMCOR, Talbon, Bechtel, and Whiting-Turner. These construction companies will be working hard to create some of the best projects in the world.
Talbon
Among the numerous companies to choose from, some stand out for their quality construction projects and stellar customer service. Talbon Construction is no exception. Founded in 1965, Talbon has been in the game long enough to have a decent grasp of its field. The company has a large customer base and a diverse workforce that allows for flexible hours and an excellent work-life balance.
Talbon may be best known for its civil architectural constructions, but they have also become known for its construction equipment and related services. Their newest subdivision, Talbon GMI, was introduced in 2008. As per the recommendations of Mine Industry Management, the company’s latest division demonstrates the modernization of mine reclamation operations in western Canada.
The company has a rich history, dating back to the 19th century. While the company may not be as big as some more established rivals, they certainly have a solid foothold.
Bechtel Corporation
Founded in 1898 by Warren Bechtel, Bechtel Corporation is one of the largest construction companies in the U.S. and a trusted engineering and project management partner.
Since 1898, Bechtel has completed more than 25,000 projects in 160 countries. The company’s website advertises projects on seven continents, including a new international airport in London and the AT&T Mobility project in San Francisco.
The company’s head office is in San Francisco’s South Market district. The company is still family-owned. The company has 49,000 employees working on projects in 50 countries.
The company’s projects have improved the resilience of world infrastructure. The firm has also completed contracts for major international airports in London and New York.
The company is known for its strong safety culture. The firm’s lost time frequency rate is five times better than the national average.
Fluor Corporation
Founded in 1912, Fluor Corporation is one of the leading construction companies in the world. They offer engineering, procurement, construction, and environmental services. They have more than 50 offices around the world.
The company has offices in every continent except Antarctica. They provide capital-efficient projects for clients. They have earned a reputation for safety and innovation. They also offer incredible advancement opportunities.
Fluor is one of the largest construction companies in the United States. They have a portfolio of services, including construction, engineering, procurement, environmental services, and design.
Fluor Corporation’s headquarters are in Irving, Texas. The company operates through subsidiaries in the United States, Canada, Mexico, and Latin America.
Whiting-Turner
Located in Baltimore, Maryland, Whiting-Turner Construction Company is a general contractor that provides construction management and design-build services. Whiting-Turner has 50 locations throughout the U.S. The company offers technology, healthcare, life sciences, and education services.
While Bechtel dominated the top spot for a long time, Turner Construction reclaimed the number one spot in 2022. According to Engineering News-Record, Turner Construction raked in $14.3 billion in revenue in 2021. The company will work on a $500 million resort and casino in Caesars, Virginia, including the Caesars Sportsbook and the World Series of Poker Room.
The company works on 1,500 projects per year. It is also one of the largest private construction companies in the United States.
EMCOR
EMCOR has gained momentum over the past few years among the top construction companies. A combination of disciplined cost control, a wide range of services and diverse businesses has helped EMCOR deliver strong results.
EMCOR reported strong third-quarter results and has a solid near-term outlook. The company anticipates strong project demand across the U.S. Industrial Services and Mechanical and Electrical Construction segments. SG&A leverage is expected to be favourable in the near term. Accretive buyouts have added new markets, strengthened the company’s results and added momentum.
EMCOR provides electrical and mechanical construction services for the industrial and energy infrastructure markets. EMCOR’s backlog was also strong, with the highest backlog since 2008. In 2021, EMCOR’s domestic construction segment experienced strong project growth.
The company’s mechanical construction segment revenues increased by 11.2%.
