The construction industry in the United States creates about $1 trillion in structures and infrastructure every year. The spending adds about $3.4 billion to the Gross Domestic Product and puts a lot of money the economy. Unlike some industries where giants rule the industry, there are many individual companies in construction. There are small 5 or 6 people subcontracting companies, as well as companies with upwards of 100,000 people. However, some companies stand out due to their size and growth. These companies might be the biggest in the world, but they grew to their size through hard work, excellent service, and with the help of highly skilled employees. Now they increase their brand awareness through impressive feats of construction. Here are the 10 biggest construction companies in the world and projects that make them great.
The 10 Biggest Construction Companies in the World
Actividades de Construcción y Servicios
Actividades de Construcción y Servicios, or ACS, is a Spanish based global construction company. They have many subsidiary companies, most notably Dragados, Hochtif, and Turner. ACS has projects all over the globe and will be starting on the new California Natural Resources Agency and the Quellón Hospital in Chile. But they work on projects even bigger than these often. They are one of the largest companies as ACS alone has over 200,000 employees and their revenue is almost $40 billion U.S. dollars.
Vinci is an Italian based company that also works on the global stage. They do have a specific construction group as well as others, but they keep the Vinci name. As if to prove they’re a global force, they will be working on renovations on the Mandarin Oriental Hotel in London, the Femern Tunnel in Denmark and 43 other projects in 19 countries. Vinci employs over 185,000 people all over the world. And their revenue last year was over $44 billion U.S. dollars.
PowerChina is one of the biggest construction companies in the world and is one of the largest companies in China. Like most of the other companies on this list, they too work internationally. They work primarily in energy and infrastructures. And will be working on a large infrastructure project in Kenya this year, along with others. The company employs over 135,000 people and has an annual revenue of around $45.5 billion U.S. dollars.
Bouygues is a French-based company with many subsidiaries. Not all of the subsidiaries have Bouygues in the name; however, they’re involved in many parts of the construction and infrastructure industries. One of their upcoming projects will be the new campus for Cardiff University in Wales. Bouygues is one of the biggest construction companies in the world, as such they work all over the world. They employ over 118,000 people with close to $37 billion U.S. dollars in revenue.
Larsen and Toubro
Larsen and Toubro is the parent company of Larsen and Toubro Construction. It is usually abbreviated to L & T Construction and they are the largest construction company in India. L & T Construction is one of the biggest construction companies in the world as well. They will start work on an iconic bridge across the River Krishna. L & T Construction employs over 104,000 people and has an annual revenue of $17 billion U.S. dollars.
China Communications Construction Company
China Communications Construction Company, also abbreviated to CCCC, is another one of the biggest construction companies in the world. They too have many subsidiaries, one of the most notable being the John Holland Group, one of Australia’s leading engineering firms. They’ll be working on the new Hong Kong Airport Platform, an impressive feat of construction engineering. They employ about 100,000 people and have a projected annual revenue of $54.4 billion dollars.
The STRABAG Group includes STRABAG International GmbH and several others. They focus on civil engineering, transportation infrastructures, and building construction. Because of all their companies, it is easy for them to cover all of a project. They are responsible for the world’s largest indoor skydive in Abu Dhabi. STRABAG is one of the biggest construction companies in the world with over 43,000 employees and about $18 billion U.S. dollars in revenue.
Bechtel is the only US-based company on the list, but they are one of the biggest construction companies in the world. With over 50,000 employees and about $32.8 billion in annual revenue. They routinely work on massive projects in the United States and abroad. They completed Phase 1 of the Dulles Metrorail project, which was one of the largest infrastructure projects in the United States. However, they routinely work in Africa and Europe as well as the United States.
TechnipFMC is one of the biggest construction companies in the world. They are based in London but have bases of operation in Africa, the Asian Pacific, Europe, the Middle East, and in the Americas. One of their large projects will be the largest Hydrogen Generation Unit in India, since they focus on subsea, off and onshore, and surface. TechnipFMC employs 44,000 people and has an average annual revenue of almost $13 billion U.S. dollars.
Skanska is a Swedish based company that has many subsidiaries around Sweden and the world, making them one of the biggest construction companies in the world. Skanska’s specialties in construction are in infrastructure and general building construction. They will build bridges and roads, as well as homes, hospitals, and schools. One of their more recent projects in the United States is the La Guardia Central B Terminal Redevelopment. Skanska employs roughly 43,000 people and has an annual revenue of $18 billion U.S. dollars.