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Dive brief:
- MasTec, a construction company based in Coral Gables, Florida, has announced plans to do just that close your construction plant in Rochester, New York, according to a notice issued Monday by the New York State Department of Labor.
- In Rochester, MasTec served as general contractor for the $485 million Li-Cycle Rochester Hub project, which was break on October 23 because of rising costs, according to Toronto-based Li-Cycle. Engineering and procurement of the project had reached advanced stages, with a current focus on construction activities, according to Li-Cycle.
- As part of the closing, MasTec will lay off all 102 employees at the Rochester location, effective Friday, Nov. 3, according to the Worker Adjustment and Retraining Notice.
Diving knowledge:
Even as boom in manufacturing construction continues throughout the country, several projects have arrived unforeseen roadblocks in recent months, cutting this momentum.
MasTec specializes in the engineering, installation and maintenance of communications, energy and utility infrastructure, including cell towers, fiber and pipelines. The contractor is from the country third party commercial contractor by revenue, according to Engineering News-Record’s 2023 Top 400 Commercial Contractors list.
MasTec did not respond to Construction Dive’s request for comment on the plant closing and layoffs.
After that, MasTec shifted its focus to general contracting services acquired Indianapolis-based IEA last year, which ranked 42nd on ENR’s 2022 Top 400 Commercial Contractors list.
Prior to this acquisition, MasTec primarily specialized in electrical and utility work, earning the #3 spot on ENR’s 2022 list of the top 600 specialty contractors. The publicly traded construction company earned $11.6 billion last year, up from $9.6 billion in 2021.
