As many western economies continue to struggle in the wake of the recession, top companies in the environmental sector are expanding their global reach through a mix of organic growth and aggressive acquisitions. Within the water and wastewater sectors, competition has been particularly fierce, as firms look to narrow the bidding lists through consolidation and capitalize on emerging economies. Photo: Courtesy of Black & Veatch Work in the United Kingdom is starting to ramp up again with new projects such as the $150-million expansion of the Mogden Sewage Treatment Works in west London by Black & Veatch. Related Links: Overview:
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.