Third on the Top 200 Environmental Firms list, Larsen & Toubro sees good business in aiding developing world's transition to greener and lower-carbon economies.
Sector participants worry now if U.S. and global politics, and market forces, could slow or disrupt missions, but they're building on 2021 revenue gains and new momentum from an unexpected climate-change deal Senate Democrats passed on Aug. 7 with $369B in potential funding and expected House approval by Aug. 12.
As supply chain disruptions threaten to shelve some projects completely, more owners are using professional services firms to help reconfigure limited staff resources and keep schedules moving forward.
With projects facing rising material costs, crunched schedules and labor shortages, project delivery firms say owners are finding themselves at a fork in the road when it comes to design-bid-build versus alternative delivery models.
In 2021, slowdowns in the regional oil and gas market as well as global supply chain delays impacted A/E companies doing business in Arkansas, Louisiana, Mississippi, Oklahoma and Texas.
In 2021, PC Construction was able to clear the lingering hurdles of the COVID-19 pandemic, growing revenues and clearing a new hurdle: completing its most ambitious project yet on its way to its latest accolade of earning ENR Southeast’s Contractor of the Year honor.