Rise Of The Robo Riveter
Forbes Middle East - English|April 2024
JOHN FISH created New England’s largest general contractor, SUFFOLK, on the backs of laborers. Now he’s betting the future is filled with hardwired hard hats and Al foremen.
John Hyatt
Rise Of The Robo Riveter

It's well below freezing on this December morning and John Fish is outside, standing near the edge on the 33rd floor of South Station Tower, a half-finished skyscraper in downtown Boston. He points to a bright red crane below as it carries a pallet of metal panels through the frigid air and explains his plans to automate it.

"There's a camera on the crane itself that watches the boom and sees its swing and registers all that information," Fish says in a distinct Boston accent. He's dressed in black leather loafers, blue slacks, a neon construction vest, safety goggles and a hard hat. "How can you get more picks per hour in a safe manner? We've got to be very, very careful." Down on the busier 14th floor, over the relentless thumping of pneumatic nail guns and the din of grinding steel, Fish describes how the robotic revolution is changing his construction sites: Suffolk is introducing two-foot-tall machines (think miniature army tanks) that zoom around and print blueprints and layouts for workers to follow, speeding construction and reducing errors. "We're going to be putting it on all our jobs," he says.

A 63-year-old construction industry lifer, Fish made a fortune building high-rises from Massachusetts to California. He's worth $2.3 billion, thanks to his 100% stake in $6 billion (revenue) Suffolk, the Boston-based construction firm which in the last 20 years has built more than 150 million square feet of commercial real estate in the U.S., including much of Boston's skyline and hotels in Los Angeles and Miami.

This story is from the April 2024 edition of Forbes Middle East - English.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the April 2024 edition of Forbes Middle East - English.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM FORBES MIDDLE EAST - ENGLISHView All
Reasons To Seek Adventure
Forbes Middle East - English

Reasons To Seek Adventure

Whether it’s the exhilaration of free-falling out of the sky or the thrill of being immersed among the shark-filled reefs of the Indian Ocean, adventure enthusiasts are drawn by the allure of life-changing experiences. Here are some reasons why.

time-read
3 mins  |
April 2024
THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024
Forbes Middle East - English

THE MIDDLE EAST'S 30 MOST VALUABLE BANKS 2024

MENA’s banking sector has shown resilience over the last year, supported by higher interest rates and oil prices.

time-read
10+ mins  |
April 2024
INVESTING AT YOUR FINGERTIPS
Forbes Middle East - English

INVESTING AT YOUR FINGERTIPS

Ahmad Hammouda and Seif Amr, Cofounders of Egypt-based digital investment platform Thndr, are facing competition from brokerages and investment banks to democratize investing. Having seen exponential growth in four years, they’re now looking at expanding to the U.A.E. and Saudi Arabia.

time-read
7 mins  |
April 2024
THE MIDDLE EAST'S FINTECH 50
Forbes Middle East - English

THE MIDDLE EAST'S FINTECH 50

Despite a sharp decline in funding in 2023, the Middle East’s fintechs have embraced new technologies and expansion and remained resilient in the face of challenges such as high interest rates and geopolitical uncertainties.

time-read
9 mins  |
April 2024
A Destination Beyond Expectations
Forbes Middle East - English

A Destination Beyond Expectations

Madrid, Spain’s vibrant capital, pulsates with energy and visitors are invited to unwind a rich tapestry woven with history, art, gastronomy, and natural beauty.

time-read
2 mins  |
April 2024
LEANING IN
Forbes Middle East - English

LEANING IN

Hisham Al-Falih, Ashu Gupta, Aditya Sarkar, and Mehdi Tazi, Cofounders of Saudi-based Lean Technologies, have created one of the region's leading third-party regulated open banking platforms with $37 million in funding. Now, they're planning another funding round and expansion across key markets.

time-read
7 mins  |
April 2024
A Blueprint For Sustained Growth In The World Of EPC
Forbes Middle East - English

A Blueprint For Sustained Growth In The World Of EPC

NMDC Group demonstrates how strategic foresight, robust financial growth, and a commitment to sustainability and innovation are fueling its ongoing expansion and diversification in the EPC industry.

time-read
3 mins  |
April 2024
A Red Sea Escape That Has It All
Forbes Middle East - English

A Red Sea Escape That Has It All

From family fun to fine dining and comfortable workspaces, there is something for everyone at the stunning Zouni Beach in El Gouna, Egypt.

time-read
1 min  |
April 2024
TRADITION TO INNOVATION
Forbes Middle East - English

TRADITION TO INNOVATION

Ahmed Wadi, Founder and CEO of Money Fellows, Egypt’s biggest ROSCA platform, has been addressing the cash-centric country’s financial challenges by digitizing traditional money circles. Now, he has even bigger plans.

time-read
6 mins  |
April 2024
Seventy-Five Years Of Fashion Influence
Forbes Middle East - English

Seventy-Five Years Of Fashion Influence

Gedeon Group has long been at the forefront of fashion retail in the Middle East and Africa, and with the third generation now at the helm, the business is continuing its legacy into the future.

time-read
2 mins  |
April 2024