There have been few large contract awards signed so far in 2011, dampening financial results for publicly owned engineering and construction firms. At a June 2 Credit Suisse-sponsored briefing in Manhattan, E&C executives told an audience of Wall Street analysts and investors that, despite disappointing first-half results, they are optimistic the tide will turn later this year.“Investor sentiment remains horrible, and we get why,” said Jamie L. Cook, a Credit Suisse managing director, at the engineering and construction sector briefing. “In addition to broader macro fears, [first-quarter] awards and [earnings per share] disappointed, and no one believes the 2012 consensus
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.