Our History

Transforming from market player to market maker

S&B USA's Fast Growth in the United States

In 2012, Shikun & Binui Ltd., the leading infrastructure and development company in Israel with a rich, 100-year history, expanded their reach into the United States market. The focus was on the development of assets under a P3 delivery model. The SH 288 project, in which S&B was a member of the concessionaire (BTG) and a partner in the construction joint venture (AGC), was the first such project the group had in the US.

Eventually, S&B wanted to take the next steps towards establishing a more dominant presence in the US and began searching for self-performing competencies, which led to S&B USA acquiring the parent company of Fay in 2019. This relationship benefited both parties, as it gave Fay access to Shikun & Binui's global knowledge and experience in large design-build and P3 projects, while S&B gained self-perform expertise and capabilities in the US market, allowing it to establish S&B USA headquarters in Pittsburgh, PA.

The Fay Legacy

At the age of 53, when most men were looking forward to retirement, Joseph B. Fay was just beginning to leave his mark. After a lifetime of service as a key figure in the construction firm of Booth and Flinn where he played an instrumental role in projects such as the Liberty Tunnels, Westinghouse Bridge and Dravo shipyards, Fay decided to strike off on his own, and he launched the venture that now bears his namesake.

The Joseph B. Fay Company (now Fay) was founded in 1947 in Pittsburgh, PA. Then, the company was small, but capable—Fay's first client, Duquesne Light, remains a loyal customer to this day. Joseph was a straightforward man, and even after his death in 1981, his legacy remained in Fay's original business philosophy: Do the job right the first time safely—with honesty, fairness and quality.

These values are still represented in the company today. Fay is now part of S&B USA Construction.

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