LEEA Celebrates 75th Anniversary with Forward Vision
The Lifting Equipment Engineers Association (LEEA) is celebrating its 75 years since its first meeting, held on 3 June 1944, when nine people representing eight chain testing houses met at the Great Eastern Hotel, near Liverpool Street Station in London. It was at this meeting that the idea to form an association to take on the might of government was conceived. The name they chose was ‘The London Chain Testers Association’, which would eventually go on change its name to the Lifting Equipment E...
HNTB Expands New England Presence with Office in New Hampshire
CONCORD, N.H. – A commitment to client service and regional growth opportunities led HNTB to establish a new office in Concord, located at 6 Loudon Road. Professionals provide multidisciplinary transportation infrastructure services, including highway and bridge design, bridge inspection, tolling services, program management, construction management, design-build delivery, transportation planning, disaster recovery and resiliency, and environmental planning and permitting, among others....
Expansion of CorteCros facility in Croatia: High‐Tech Integrated Solutions for Corrosion Protection
CorteCros®, part of Cortec® Corporation Europe has expanded its warehouse location in Split, Croatia, with new manufacturing facility and laboratory. Cortec’s proprietary VpCI®/MCI® products are now manufactured in Split in accordance with REACH regulation, which enables them to be shipped everywhere inside the European Union in record time. CorteCros’s new facility and lab are equipped with modern instruments and perform testing compliant to EU and ASTM standards. Each batch is tested on-site...
HNTB Opens Downtown Baltimore Office
Infrastructure solutions firm assists clients with largest and most complex transportation projects; demonstrates firm’s commitment to region’s prosperity and mobility BALTIMORE (MAY 2, 2019) – A commitment to client service and future growth potential led HNTB Corporation to open a new permanent office in the heart of downtown Baltimore, located at 120 E. Baltimore Street. “HNTB brings regional and national expertise to solving complex transportation challenges for departments of trans...
Tolson to Lead Gannett Fleming’s Expansion into South Carolina
(Harrisburg, Pa.) - Continuing its historic growth across North America, infrastructure and engineering firm Gannett Fleming has opened its first South Carolina office. Long-time South Carolina Department of Transportation (SCDOT) official Roy Tolson will oversee the firm’s strategic growth across the state as the South Carolina transportation area manager.Tolson is a 45-year industry veteran with extensive program management experience who most recently served as the director of innovative fina...
Lincoln Clean Energy Expands Solar and Energy Storage Capabilities with Acquisition of Coronal Energy’s Development Business
CHICAGO – May 1, 2019 – Lincoln Clean Energy (LCE), a subsidiary of Ørsted and a leading developer of U.S. renewables, announced today that it has acquired the development business of Coronal Energy, a developer focused on utility-scale solar and energy storage projects. The acquisition includes its development team of experienced solar and storage personnel, as well as a significant pipeline of solar and storage projects in the United States, including multiple projects that have been awarded l...
WSP USA Will Be Carbon Neutral In 2019
NEW YORK — As the world moves forward to meet the imperative of reducing greenhouse gas emissions and protecting our environment, WSP USA, a leading engineering and professional services consultancy, has announced its intent to become carbon neutral across its U.S. operations, including all offices and employee business travel, in 2019. “Our carbon neutrality commitment fulfills an important social compact,” said Gregory A. Kelly, president and CEO of WSP USA. “We recognize that, in tune with...
Micromeritics Instrument Corp. Sells its PoroTechnology Reservoir Evaluation Laboratory Subsidiary to CoreSpec Alliance LLC
CoreSpec Alliance LLC and PoroTechnology Will Remain a Customer of Micromeritics Norcross, GA - Micromeritics Instrument Corporation today announced it has sold its PoroTechnology Reservoir Evaluation Laboratory subsidiary to CoreSpec Alliance LLC. Terms of the sale were not disclosed. “The MICP testing of reservoir rocks was an attractive business for Micromeritics and we learned some very valuable information during the process,” said Micromeritics Preston Hendrix, President of Micromer...
Wärtsilä Wins Repeat Power Generation Order from Major Cement Producer
The technology group Wärtsilä will supply the equipment to enable an efficient, reliable, and independent power source for an Iraqi cement producing plant. The 20 MW engine power plant is being built by Al Shumookh Lucky Investments Ltd, a JV company of Lucky Cement Limited and a limited liability company registered in the United Arab Emirates. The power plant will serve the Najmat Al-Samawa cement factory in Iraq. The order with Wärtsilä was booked in Q1, 2019. Wärtsilä has a long-establishe...
Jacobs to Acquire KeyW, Capturing Leading Position in Multi Billion Dollar Space-Intelligence Market and the High Growth C5ISR Sector
DALLAS - Jacobs (NYSE: JEC) today announced that they have entered into a definitive merger agreement pursuant to which Jacobs will acquire KeyW for $11.25 per share in cash. The transaction has an enterprise value, net of tax assets, of approximately $815 million, including an estimated $272 million of KeyW net debt. The transaction value represents an enterprise value-to-expected 2020 adjusted EBITDA multiple of approximately 10x, assuming full run-rate cost synergies of $15 million. This t...