COMPANY·HISTORIES
NAIC 234990

All Other Heavy Construction

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

20companies1846–1997founding years18still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedJarvis plcFoundedJarvis plc
1846
FoundedSkanska ABFoundedSkanska AB
1887
1903
TechnologyThe Wright brothers achieve powered flight.
FoundedGreat Lakes Dredge & Dock CompanyFoundedGreat Lakes Dredge & Dock Company
1905
1914
EconomyWorld War I begins; global trade reorders.
FoundedFluor CorporationFoundedFluor Corporation
1924
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
FoundedRMC Group p.l.c.
1930
1939
EconomyWorld War II begins; wartime production surges.
FoundedBalfour Beatty plcFoundedBalfour Beatty plc
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedGrupo Ferrovial, S.A.FoundedGrupo Ferrovial, S.A.
1952
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
FoundedBilfinger & Berger AGFoundedBilfinger & Berger AG
1975
TechnologyThe personal-computer era begins.
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedEvergreen Marine Corporation (Taiwan) Ltd.FoundedEvergreen Marine Corporation (Taiwan) Ltd.
1987
EconomyBlack Monday: markets fall sharply around the world.
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.
FoundedVA TECH ELIN EBG GmbH
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
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…
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.
Skanska AB →
Active · founded 1887 · Sweden
After helping to build Scandinavia, Skanska AB is ready to help build the rest of the world.
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…
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…
Fluor Corporation →
Active · founded 1924
Mid-1980s:Fluor divests all of its oil properties, some gold operations, and all its offshore drilling facilities.
Fluor Corporation →
Active · founded 1924
Mid-1980s:Fluor divests all of its oil properties, some gold operations, and all its offshore drilling facilities.
RMC Group p.l.c. →
Renamed · founded 1930 · United Kingdom
RMC Group p.l.c.
RMC Group p.l.c. →
Renamed · founded 1930 · United Kingdom
RMC Group p.l.c.
Balfour Beatty plc →
Active · founded 1945 · United Kingdom
Late 19th century:Callender's Cable and Construction Co.
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.
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.
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.
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.
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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