The construction industry in America is on a roll. Spending on construction in the U.S. easily exceeded $1 trillion in 2017 and in 2018, the private sector saw about $951 billion of that. But who is driving all of this growth?
There are many different sub-industries of the construction business, performing work in different areas like commercial, industrial, institutional, and civil construction services. Every year, Engineering News-Record (ENR) releases its list of the Top 400 Contractors. In 2019, the companies featured generated a combined $405 billion.
To find out the industry leaders, we looked at the revenue and major projects of firms, using data sourced both from ENR’s list as well as our own research. Get to know the top construction companies in 2019 below:
Bechtel has established itself at the top of many published lists of top construction companies – and for good reason. The company has completed more than 25,000 construction and civil engineering projects worldwide, including iconic projects such as the Hoover Dam and the Channel Tunnel. They’ve also worked on Tellurian’s $275 billion Driftwood LNG export terminal.
Bechtel has a staggering workforce of 55,000 people in nearly 50 countries, but are headquartered in San Francisco, CA.
Fluor is another highly-ranked company, topping all construction firms in the petroleum and industrial sectors in the United States. In recent years, the company has expanded its environmental services to include nuclear waste cleanup projects and disaster rebuilding, which have become a significant part of its business.
Located in Irving, TX, one of their major projects was Bayer’s cell-culture technology center in Berkeley, CA.
New York-based Turner Corporation has been responsible for shaping many landmarks in the city’s iconic skyline, including Madison Square Garden and Yankee Stadium. Outside of New York, they built the Rams Stadium in Los Angeles and the Martin Luther King Jr. National Memorial in Washington, D.C.
Company founders refer to Turner as the “largest small contractor in America” due to its system of serving as local contractors in each community. (They are responsible for building 20 of the 100 tallest buildings in the world!)
In addition to generating some of the most impressive and livable public spaces in the world and delivering clean water and energy, AECOM has been named one of Fortune magazine’s World’s Most Admired Companies for the past five consecutive years.
The company is known for being one of the largest design firms and brings together 45,000 creative, technical, and management experts. Headquartered in Los Angeles, CA, they’ve worked on a billion-dollar mixed-use development (The Grand) as well as Olympic Park in London.
5. Skanska USA
Skanska USA is owned by its parent company Skanska AB, a publicly-traded Swedish firm. They are located in New York, NY, home to one of their biggest projects: LaGuardia Airport’s $60 billion redevelopment.
The company is also known for its people-focused culture, offering durable, high-density helmets to worksite crew and supporting mentor groups for women in construction. Skanska serves a wide range of clients including those in healthcare, aviation, water, and power.
With roots going back to 1884, Kiewit started as a small firm run by two hardworking brothers before growing into one of the most highly respected Fortune 500 construction powerhouses. The employee-owned organization headquartered in Omaha, NE has mined more than 750 million tons of coal and built more lanes of highway systems than any other contractor in the U.S.
Top projects include the Seattle Light Rail expansion and a $5 billion natural gas export terminal in Louisiana.
Jacobs Engineering is an American company focusing on sustainable solutions. With 70 years of work and a team of 5,000 architects, designers, and constructors worldwide, the company was recently ranked in the top 10 on Interior Design Magazine’s Top 100 Giants Survey, earning high marks in Government Design, Office Design, and Transportation Design.
Located in Dallas, TX, they’ve been part of major projects globally, such as the 20 Fenchurch Street skyscraper in London and the $1.5 billion expansion project at Denver International Airport here in the U.S.
PCL is a group of independent construction companies operating across the United States and other countries. The company made headlines for partnering with CopperTree Analytics to embed data and energy analytics and IoT services into its construction processes. PCL is also known for its strong safety culture – the company’s lost time frequency rate is five times better than the national average.
In 2014, they built the first LEED Platinum commercial airport in the U.S.: the San Diego International Airport, Terminal Two building. More recently, they also built the Stadium for the Los Angeles Football Club.
DPR Construction is an employee-owned, flat organization with shared leadership across a committee. The company is a national leader in building technically challenging and environmentally complex projects, and is known for building biopharmaceutical corporate offices, healthcare facilities, and buildings that emphasize energy efficiency.
One of their major projects was the 583,800 square-foot Mayo Clinic West expansion in Phoenix, but perhaps most famous for their work on Pixar Animation Studios in their home state of California.
Balfour Beatty is a leading international construction company known for financing, developing, and building vital infrastructure projects for local communities. As a leader in the U.S. commercial construction industry for 76 years, the firm has worked on dams, power stations, and railways as well as the Pentagon Memorial.
Their headquarters is in Dallas, Texas but have worked on projects all over, from the Topsail Island’s $54 million 65-foot-high Surf City Bridge in the Carolinas, to the A14 in Cambridgeshire.
With over 146 years of experience in the industry, Gilbane Building Company is a family-owned firm in its fifth generation. Located in Providence, RI, they are considered a leader in real estate development.
Gilbane provides integrated construction and facility management services and has attained a number of industry awards, including five Construction Users Round Table Safety Awards. They are responsible for Holloman Air Force’s $45 million new medical clinic in New Mexico.
Founded in 1937, Hensel Phelps has a long history of developing city districts. Located in Greeley, CO, the company is known for its commitment to technological innovation – it made headlines for using drone surveying and 3-D site survey technology to track, map, and measure the Daniel K. Inouye Airport project in Hawaii.
One of their other major projects was the Airside Four renovation project at Orlando International Airport.
Australia-based Lendlease is a leading international property group. It boasts an impressive portfolio of innovative projects that have become the cornerstones of major cities – landmark projects like the Sydney Opera House and the 9/11 Memorial & Museum in New York. They also helped create the 2.4 million square foot Southbank neighborhood development in Chicago.
In addition, about 99 percent of projects in Lendlease’s development pipeline have achieved or are targeting green certification.
Haskell is widely recognized for its success in the design-build industry, consistently ranking among the top U.S. design firms. Over 70 percent of its construction projects stem from repeat clients – a testament to the company’s services and expertise.
Haskell works within a diverse scope of industries including food and consumer projects, like the Gatorade Plant in Oklahoma, as well as federal, military, and infrastructure projects, such as the GE Aviation Learning Center in Evandale, OH.
Holder Construction, headquartered in Atlanta, GA, is a national firm specializing in education projects like academic facilities, collegiate housing, classrooms, laboratories, performing arts centers, and meeting rooms as well as full-service hotels and airport buildings.
However, the company has adapted to also include data centers and corporate facilities as the data center market continues to boom. One major project is the Federal Express headquarters in Memphis, TN.
Impressively, Holder also boasts a 91 percent repeat client business rate.
The Chicago-based Walsh Group has been in the construction business since 1898, providing a range of general contracting, design, and construction management services and boasting a portfolio of award-winning projects.
Walsh is ranked first in the construction industry for being the largest bridge builder, largest water treatment builder, and largest wastewater treatment plant builder in the world. They’ve built the Chicago Riverwalk in their hometown, as well as the Dart Blue Line in Dallas, TX.
Operating since 1909, Whiting-Turner Contracting is one of the nation’s largest construction management companies offering a full spectrum of services on projects small and large. WTC, headquartered in Baltimore, MD is consistently ranked on many construction lists and is well-known for its stability in the industry – it has not borrowed money since 1939 and has had no buyouts, acquisitions, or name changes.
Some major projects they’ve been a part of are the Port Covington waterfront project in Baltimore as well as the $1.5 billion Amazon air hub at the Cincinnati Airport.
The Top Construction Companies of the Future
The spectrum of companies at the top of the construction industry is wide, showcasing projects of different size, scope, and industry. Whether you’re a construction employee looking for a new company or the owner of your own firm looking for ideas on how to grow, these industry leaders can offer inspiration and demonstrate what’s possible for the construction industry in the future.
With innovative leaders like these at the helm, we can look forward to more exciting projects that change and define the world. Not only will these construction giants continue to erect world-renowned landscape-shaping projects, but they’ll continue to inspire small business owners to evolve and innovate at the community level, too.
One way that construction firm owners are innovating is by changing the way that they source their equipment, finding opportunities to save time, budget, and resources by continuing to push toward a leaner owned inventory. To learn how you can do the same in your own company, read our guide to renting vs. owning construction equipment or talk to us directly.
- Fluor Corporation. ...
- Whiting-Turner. ...
- EMCOR. ...
- Turner Construction. ...
- Gilbane. ...
- Hensel Phelps. ...
- Walsh Group. ...
- Tutor Perini. Tutor Perini Corporation is a leading civil, building, and specialty construction company specializing in large, complex projects.
Bechtel. Headquartered in Reston, Virginia, Bechtel is the largest general contractor in the country. With revenues of $17.5 billion recorded in 2021, Bechtel is pretty consistently at the top of this list.Which is the No 1 construction company in world? ›
China-based China State Construction Engineering Corp Ltd is the major construction company in the world (by revenue).What is the biggest killer on construction sites? ›
Asbestos - asbestos is the biggest cause of death amongst construction workers. Understand more about asbestos and how to control the risks from it. Silica - silica is the second biggest killer of construction workers after asbestos.Why is the construction industry collapsing? ›
The demise of builders happened as shipping costs soared amid pandemic delays and the price of building materials and labour skyrocketed.What are the top 5 causes of stress in the construction industry? ›
These are: demands, control, support, relationships, role and change.Who is the largest construction contractor in the world? ›
Tier 1 builders are the industry leaders, usually with international presence and a turnover of over $500 million to the multi-billions. They work on the largest and most significant building and infrastructure projects, and even fund some of their projects as the developer.
- One of the most profitable materials in the construction market is prefabricated panels. ...
- Concrete panels or sheets are very popular construction materials for residential homes.
Construction worldwide is predicted to grow 3.7% in 2022 according to the Construction Intelligence Center, with the largest share of growth to happen in the Asia-Pacific region and China. The fastest growth is expected in Sub-Saharan Africa, including Ethiopia and Eastern African countries.Which country is construction booming? ›
Topping our list is China. Its vast construction industry is growing at an insatiable rate and will add USD $2.1TN to global construction output by 2030.Who are the major players in the construction industry? ›
Major participants including design teams, clients, contractors and project managers are examples of stakeholders that have the ability to hinder or promote the progress of a construction undertaking.Who is the best builder in the world? ›
|2019 Rank||Company||2018 Gross Revenue|
|1||D.R. Horton (p)||$15,728|
|2||Lennar Corp. (p)||$18,811|
- Get better at bidding on jobs. Bidding on jobs takes time but it's important. ...
- Get the most out of your crew. ...
- Consider the total cost of tools and equipment, not just the purchase price. ...
- Care for your tools. ...
- Waste less material.
- The Turner Corporation.
- Kiewit Corporation.
- The Whiting-Turner Contracting Company.
- STO Building Group, Inc.
- Skanska USA.
- Ivan Sutherland. ...
- Auguste De Meritens and Nikolay Bernados. ...
- Richard Nixon. ...
- Louis Henry Sullivan. ...
- Pat Billings. ...
- Rick Fedrizzi, David Gottfried and Mike Italiano.
- #1. AMBUJA NEOTIA GROUP. Year of establishment: 1995. ...
- #2. BRIGADE GROUP. Year of establishment: 1995. ...
- #3. EMBASSY GROUP. Year of establishment: 1993. ...
- #4. GODREJ PROPERTIES. ...
- #5. HIRANANDANI GROUP. ...
- #6. MAHINDRA LIFESPACE DEVELOPERS. ...
- #7. PRESTIGE ESTATES PROJECTS. ...
- #8. SALARPURIA SATTVA.
Capable subcontractors supplying goods and services to tier 2 and tier 3 firms. These firms may or may not have experience in working with. major projects. Typically these firms lack the financial capability to bid on and win larger work packages.
Struck By Objects
The second-most common cause of death in construction is when something strikes a worker, such as a vehicle, machine, or falling object. Many struck-by incidents involve cranes. A crane can overturn, collapse, or hit a person while moving, raising, or lowering a load.
Falls Are the Leading Cause of Death in Construction
Fall accidents represent the biggest threat to private sector workers according to the Occupational Safety and Health Administration (OSHA).
Anything at a construction site that could cause a worker to lose his or her balance and fall is considered a fall hazard, including unprotected roof edges, improper scaffold construction, and unsafe portable ladders. The primary cause of fall fatalities on construction sites is falling from a roof.Will there be a construction boom in 2022? ›
96% of construction companies have reported a rise in the cost of building materials between June and August 2022, with 85% expecting cost rises to continue to year end, according to the latest Construction Industry Federation Economic Outlook research.How many builders are going bust? ›
Construction insolvencies are creeping up. The latest figures from corporate regulator ASIC show building-industry companies going into administration rose to 164 in June, up from 153 in May and 40 per cent above the June 2021 total of 97.Why are construction companies going under? ›
For many builders, the soaring price of materials and labour, compounded by Covid-19 delays, has eaten away at their profits. It means many have been unable to complete their jobs, including small and large companies.What is the biggest risk in construction? ›
- The final project cost exceeding the project budget. ...
- The project is completed late. ...
- Adverse weather. ...
- Shortage of resources. ...
- Contractors that don't perform. ...
- A project that doesn't perform as required. ...
- Poor public perception of the project. ...
- Poor safety.
Rising material and labor costs, labor woes, increased competition and shrinking profit margins are some of the challenges construction firms face.Who is the most famous builder? ›
Frank Lloyd Wright. Arguably the most famous architect of all time, Frank Lloyd Wright was a pioneer for modern architecture.What are Tier 3 companies? ›
TIER 3: Creation of semi-finished products or raw materials. They usually supply products to TIER 2 or TIER 1 companies or vehicle manufacturers.
For this reason, school-specific terms for these levels of support were developed: Tier 1 = Universal or core instruction. Tier 2 = Targeted or strategic instruction/intervention. Tier 3 = Intensive instruction/intervention.What is a tier 2 main contractor? ›
Tier 2. Tier two contractors are still heavy hitters and benefit from some higher or lower tier works. Companies ranked here still tale on more commercial works rather than residential. These can include education, retail or smaller industrial premises.What are the 3 main sectors in the construction industry? ›
The industry comprises residential construction (house construction, multi-unit apartment and townhouse construction), non-residential construction (commercial and industrial building construction and institutional building construction), engineering construction (heavy industry and other non-building construction and ...How much profit should a construction company make? ›
Your minimum profits objective should be around 8%. 10% is average, and 15% is ideal.What US city has most construction? ›
In absolute terms, New York City dominated this category, with $51.9 billion in estimated construction starts in 2019 — almost twice as much as second-place Houston's $25.6 billion. But NYC is also the most populous metro area in the country, with nearly 20 million residents.What is the future of construction industry? ›
India's construction industry is expected to grow at an annual average of 6.6% between 2019 and 2028. The share of the urban population is expected to be 50% of the total population by 2050. Present levels of urban infrastructure are inadequate to meet the demands of the existing urban population.Why Chinese construction is so fast? ›
They break projects into sections of model – based on terrain and engineering solutions to that terrain, then have design teams sort things out as they go. All they are worried about before starting is that problems are solvable, and because they break projects into sections they work on them in paralell not series.Which country has best infrastructure in the world 2022? ›
- Germany. #1 in Well-developed infrastructure. ...
- Japan. #2 in Well-developed infrastructure. ...
- United States. #3 in Well-developed infrastructure. ...
- United Kingdom. #4 in Well-developed infrastructure. ...
- France. #5 in Well-developed infrastructure. ...
- South Korea. #6 in Well-developed infrastructure. ...
- Canada. ...
The country where workers are in the safest condition is Poland, proudly with the lowest incident rate of 4%. In fact, Unibep, the biggest construction company in Poland, mentions on its website that Poland became one of the countries with the lowest rate of the most serious accidents (5.18%) at construction sites.Who is the leader of a construction team? ›
Construction team leaders... a site manager's right-hand man or woman. Team leaders supervise groups of workers on construction sites and civil engineering projects. Besides managing their team, they also work on site themselves under a site manager or works manager, depending on the size of the project.
- RR Buildings. 1.11M subscribers. Part 1: Building a Large Post Frame WorkShop With TWO GUYS. ...
- Kienen Koga. 31.5K subscribers. ...
- Modustrial Maker. 859K subscribers. ...
- Victory Outdoor Services. 260K subscribers. ...
- MattBangsWood. 279K subscribers.
Tier 1 Builders
They work on the largest and most significant building and infrastructure projects, and even fund some of their projects as the developer. Examples include Lend Lease, Multiplex, John Holland, CPB Contractors, Probuild, Kane and Hutchinson Builders.
|#||39 Countries||Thousand Units (Persons)|
|1||#1 United States||10,786.42|
|2019 Rank||Company||2018 Gross Revenue|
|1||D.R. Horton (p)||$15,728|
|2||Lennar Corp. (p)||$18,811|
- VIA Architecture Inc - Washington. ...
- Smith Vigeant Architectes. ...
- architects Tillmann Ruth Robinson. ...
- CCM2 architectes. ...
- DSRA Architecture Inc. ...
- MGA. ...
- Sputnik Architecture Inc. Architectural Design Firm in Manitoba, Canada. ...
- Architecture49 Inc. Architectural Design Firm in Manitoba, Canada.
- Wood. image © unsplash. Wood is a versatile building material that comes in many different varieties. ...
- Brick. image © unsplash. ...
- Stone. image © unsplash. ...
- Concrete. image © unsplash. ...
- Steel. image © unsplash.
- David Weekley.
- Meritage Homes.
- Beazer Homes.
- DR Horton.
- Pulte Homes.
- Ryan Homes.
- KB Home.
- Ask for recommendations from friends and family or other reliable tradespeople.
- Check reviews and ratings online.
- Look for builders with experience in your area.
- Shortlist your favourites and interview them in person.
- Ask lots of questions relevant to your project.
The Construction Division undertakes all types of heavy and light Civil Engineering construction works and building construction works for the government and private sector.