Business
Shawmut Design and Construction Announces Bold Growth Strategy Including New Leadership Roles and Entry into Mission Critical
Shawmut Design and Construction, a $2.3 billion national construction management firm, announced a bold national growth strategy to reach $5 billion, adding new leadership roles and expanding into new geographies and sectors, including mission critical.
About this update from Walmart Inc.
[{"type":"text","content":"The firm is on an accelerated pathway to $5 billion with strategic acquisitions and expansion across diverse sectors and regions","length":133,"tagName":"p","attribs":{}},{"type":"text","content":"BOSTON, Jan. 21, 2026 /PRNewswire/ -- Shawmut Design and Construction, a $2.3 billion national construction management firm, announced a bold national growth strategy to reach $5 billion, adding new leadership roles and expanding into new geographies and sectors, including mission critical.","length":291,"tagName":"p"},{"type":"image","alt":"Joel Nickel","displaySize":"","headline":null,"caption":"Joel Nickel","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/16ae762e718915b7a15098337f05c873"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HEblYa1BEp12RR53heYM4Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/16ae762e718915b7a15098337f05c873","width":400,"height":267},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/gXGCwNhJ4WdIaCSObeScGQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/16ae762e718915b7a15098337f05c873","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2865673/Shawmut_Design_and_Construction_Joel_Nickel.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Les Hiscoe, who just completed his 10th year as Shawmut's chief executive officer, said the company has a clear, deliberate pathway to more than double revenue through strategic acquisitions, key hires, office openings, and building on its demonstrated success in large, complex projects. The firm's large project division has grown its portfolio to include FM's new 17-acre research and development campus in Norwood, Mass.; St. John's University's new Health Sciences Center in Queens, N.Y.; and Walmart's new home office in Bentonville, Ark., installing over 1 million square feet of cross-laminated timber to solidify Shawmut's leading mass timber expertise.","length":695,"tagName":"p"},{"type":"text","content":""Our aggressive growth plan positions us for resilience and a stable backlog in any market as we deepen our roots and expertise in existing sectors and project types while expanding into new ones," H...