NAIC 23499

All Other Heavy Construction

How the companies in this industry began, and the forces that shaped them.

14companies1846–1997founding years11still active2no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
1867
TechnologyNobel patents dynamite.
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1931
EconomyThe Empire State Building rises in just over a year.
1937
EconomyThe Golden Gate Bridge opens as the world's longest suspension span.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1975
TechnologyThe personal-computer era begins.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Jarvis plc
Active · founded 1846 · United Kingdom
CEO Paris Maoyedi has transformed Jarvis plc from a tiny, money-losing construction firm in the early 1990s to one of…
Skanska AB
Active · founded 1887 · Sweden
After helping to build Scandinavia, Skanska AB is ready to help build the rest of the world.
Tarmac plc
Active · founded 1903 · United Kingdom
Tarmac plc is one of the leading heavy building materials and construction services groups in Europe, with additional…
Great Lakes Dredge & Dock Company
Active · founded 1905
Great Lakes Dredge & Dock Company has been in the dredging business for 115 years and has made major contributions to…
NKK Corporation
Defunct · founded 1912 · Japan
NKK Corporation is one of the world's largest steelmakers and Japan's second largest.
Fluor Corporation
Active · founded 1924
Mid-1980s:Fluor divests all of its oil properties, some gold operations, and all its offshore drilling facilities.
Kellogg Brown & Root, Inc.
Active · founded 1929
Kellogg Brown & Root, Inc.
RMC Group p.l.c.
Renamed · founded 1930 · United Kingdom
RMC Group p.l.c.
Morrison Knudsen Corporation
Defunct · founded 1932
Morrison Knudsen Corporation (MK) has long stood as one of the world's largest engineering and construction…
Balfour Beatty plc
Active · founded 1945 · United Kingdom
Late 19th century:Callender's Cable and Construction Co.
Grupo Ferrovial, S.A.
Active · founded 1952 · Spain
Grupo Ferrovial, S.A.
Bilfinger & Berger AG
Active · founded 1975 · Germany
Bilfinger Berger AG operates as the second-largest general contractor in Germany, just behind competitor HOCHTIEF AG.
Evergreen Marine Corporation (Taiwan) Ltd.
Active · founded 1987 · Taiwan
With more than 130 owned and long-term chartered ships, Evergreen Marine Corporation (Taiwan) Ltd.
VA TECH ELIN EBG GmbH
Active · founded 1997 · Austria
VA TECH ELIN EBG GmbH (VTEE) is the infrastructure and industrial services arm of Austria's VA Technologie AG.
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