Xylem Reports Fourth Quarter and Full-year 2019 Earnings
Full-year 2019 reported net income of $401 million or $2.21 per share; adjusted full-year net income of $547 million or $3.02 per share Full-year free cash flow conversion was 124% Fourth quarter 2019 reported net income was $118 million or $0.65 per share; adjusted net income of $161 million or $0.89 per share Announces 8% increase in cash dividend, representing the company’s ninth consecutive annual dividend increase Provides 2020 organic revenue growth guidance range of 1% to 3...
Asite Becomes Key Player in MTA’s $54.8 billion Investment Project
New York, New York (February 2020) – Asite has been appointed as the Electronic Project Management Solution for the Metropolitan Transportation Authority (MTA) in New York City. Following a competitive tender process, Asite’s Common Data Environment platform was chosen to work on existing and upcoming MTA projects, including the MTA Capital Program 2020-2024. Nathan Doughty, Asite CEO said: “Asite is delighted to be working with the MTA at a historic time in their development. Their Cap...
Two projects with Wärtsilä engines delivering 292 MW will alleviate Myanmar’s power shortages
The technology group Wärtsilä will deliver on a fast-track basis the equipment for two power plants being urgently installed in Myanmar. During the summer of 2019, the Yangon area of the country was subjected to power cuts of up to six hours a day. In order to avoid this situation being repeated, the Myanmar government has ordered additional generating capacity to be installed and operational within a matter of months. Each plant will feature eight Wärtsilä 50SG pure gas engines delivering a com...
Woolpert Teams with Cooper Carry to Plan Redevelopment of Covington Riverfront Site
The 23-acre urban location, which includes the former IRS processing center, is poised to become a key component in the urban revitalization and recreation boom along the Ohio River. COVINGTON, Ky. — Woolpert is a member of the Cooper Carry planning and design team selected by the city of Covington, Ky., to provide site assessment and analysis and to engage the Northern Kentucky community in the conceptional design of a 23-acre site on the banks of the Ohio River. Cooper Carry, an Atlanta-...
Oxford Flow puts boots on the ground in U.S. with VP hire
Houston, TX, US – Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, today announces the appointment of Andy Ghiz as VP, Americas, and the creation of a U.S. subsidiary (Oxford Flow Americas, Inc.), to expand its reach in North and South America, and to offer on-the-ground commercial and technical support. Based in offices in the Park Row area of Greater Houston’s Energy Corridor, Ghiz brings a wealth of experience in valves and engineere...
Floating windfarms: Yield estimation software from Hexicon validated by DNV GL
Floating windfarms: Yield estimation software from Hexicon validated by DNV GL With its market leading experience in the development of floating offshore wind projects, Hexicon AB has developed software that estimates the yield output of windfarms benefiting from multi-turbine floating platforms. This unique toolkit provides a quantified comparison between any conventional single turbine windfarm design in use today and a twin turbine design within the same area. Stockholm, Sweden – Henrik B...
Arcadis signs exclusive partnership for PFAS water treatment technology
Highlands Ranch, Colorado — Arcadis (EURONEXT: ARCAD) has signed an exclusive teaming agreement with ABS Materials, Inc. (ABS) focused on the removal of PFAS from water. ABS technology centers on patented molecularly engineered porous and mechanically flexible organosilica-based sorbents. PQ-Osorb® is the brand name for an ABS product designed to treat PFAS of all chain lengths – both long-chain PFAS such as PFOA and harder-to-treat short-chain compounds such as perfluorobutanoic acid (PFBA)....
Public comment sought on applications for $22 million in Rural Transit Funds
Public comment is sought through March 4 to help determine which rural transit providers will gain access to $22.3 million in funding from the Idaho Transportation Department’s Public Transportation (ITD-PT) office. Requests for just over $23 million from 30 different grant applicants need to be whittled down to the $22.3 million that is available to be awarded. Local government authorities, public agencies or private nonprofit organizations, and operators of public transportation that rec...
Stantec Awarded Project to Support Western Washington Shellfish Industry
Montesano, WA - Stantec, a global engineering, architecture, and consulting firm—in partnership with National Fisheries Conservation Center— will be supporting the Grays Harbor Conservation District (GHCD) with the Twin Harbors Sediment Study. This critical project focuses on protecting and enhancing the local shellfish industry located in Pacific and Grays Harbor Counties in Washington State. The firm will be developing and running a coastal model of the Grays Harbor and Willapa Bay estuaries t...
Woolpert Promotes Chris Snyder to Aviation Market Director
INDIANAPOLIS — Woolpert is pleased to announce that Chris Snyder has been promoted to lead its Aviation market and guide the logistical and innovative expansion of its geospatial and design practices. Snyder said the firm plans to strengthen its presence in targeted geographies that include Texas and Florida, to augment key niche service offerings like unmanned aircraft systems (UAS) and strategic asset management consulting, and to grow the firm’s planning capabilities. “We are creating a mo...