Infrastructure program potential driving uptick in AEC M&A

Trump’s infrastructure proposal has not yielded much in the way of actual projects, but the buzz continues, and companies like AECOM and Jacobs Engineering are positioning themselves to be ready when the time comes. Earlier this year, AECOM said it was preparing to launch a five-year, $3.5 billion spending run in an effort to become the biggest infrastructure firm in the world. Acquisitions and organic growth were central to the plan, whose focus on North America is as much a response to Trump’s expected proposal as it is to slowing world economies and increasing geopolitical turmoil.

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Source: Construction Dive

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