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Released October 23, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Commercial builder Webcor (San Francisco, California) hopes to gain increased access to some of the most rapidly developing technological sectors in the U.S. with its planned purchase of GCON (Phoenix, Arizona), a construction management firm with a strong foundation in the building of data centers and semiconductor equipment plants. The two firms are hoping that their mutual, complementary strengths will lead to increased project bookings through the combination of GCON's technology-focused experience and Webcor's strengths in innovative and efficient construction. Webcor is backed by its parent company, Obayashi Corporation (Tokyo, Japan).

Webcor Chief Executive Officer Matt Rossie said in a statement regarding the purchase, "This is an exciting opportunity for Webcor to expand our portfolio and enter previously untapped markets. GCON brings deep expertise in the technology sector. Together, we'll be able to pursue new opportunities while respecting each of our unique strengths and capabilities."

GCON will retain much of its identity and existing features in the purchase. It will operate as a separate company, retaining its Phoenix headquarters.

While gaining GCON's established position in the technology sector, a look through Industrial Info's Global Market Intelligence (GMI) database shows that Webcor is no stranger to projects requiring high levels of precision and expertise. For example, the company is currently acting as construction manager for a speculative life sciences building in Emeryville, California, for City Center Realty Partners LLC (San Francisco) on a 165,000-square-foot facility capable of housing multiple science-based tenants or even a single company willing to make the entire facility its home. The construction will feature laboratory and office space for the science tenants as well as some room for retail facilities. The project, which broke ground in early 2023, is expected to wrap up this year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report.

Other Webcor projects underway include a biosolids-digester facility for the city of San Francisco that will allow the city's public utilities to process 280,000 pounds per day of biosolids from wastewater into approximately 2 million cubic feet per day of biogas that can be burned to produce energy for electricity, heating, cooking and more. A recent update from local utilities on the project suggests that all five 60-foot digesters are now in place, resulting in an expected in-service date of early 2027. Subscribers to Industrial Info's GMI Alternative Fuels Project Database can learn more by viewing the project report.

While Webcor's project portfolio is very much based in California, its acquisition of GCON, which boasts active and completed projects in 23 states, will allow the company to expand its geographical footprint substantially. While GCON's work overlaps somewhat with Webcor's, containing both public works and health care facilities, it appears that increased access to the technology sector is a key reason for Webcor's interest in GCON, particularly the white-hot data center market.

As data providers and public utilities grapple with how to cope with the large power demand required, as well as growing pushback from residents who don't want data centers in their back yards, data center construction represents one of the strongest U.S. growth markets seen for some time. Industrial Info is tracking more than 3,000 capital data center projects in progress in the U.S., ranging from the earliest planning stages to current construction. While not all of the planned projects will be built as planned, potential construction costs of all the projects add up to a whopping $1.85 trillion. The semiconductor sector, while consisting of fewer projects, also represents an important sector in which GCON is providing services.

Current GCON projects include the expansion of a data center in Glendale, Arizona, part of Greater Phoenix, where the company is constructing a new 431,000-square-foot data center building that will expand the regional colocation offerings of owner Aligned Data Centers (Plano, Texas). Construction on the PHX13 building kicked off earlier this year and is expected to be completed in the second half of 2026. Subscribers to Industrial Info's GMI Industrial Manufacturing Project Database can learn more by viewing the project report.

Both GCON and Webcor expect to gain strength from the transaction, which is expected to close by the end of this year. A Webcor press release nicely summarizes the aims of the purchase: "Through this strategic relationship, Webcor will leverage GCON's expertise in the technology space to expand into new, high-growth markets, while GCON will take advantage of Webcor's and Webcor parent company Obayashi's financial strength to pursue larger projects."

With Webcor and GCON expected to mutually benefit from their new corporate structures, more project activity in some of the U.S.' most important sectors and geographies are bound to be gained for both companies.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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