URS Corp., the San Francisco-based engineering-construction giant, announced on Dec. 22 it will “rebrand and integrate” its Washington Group and EG&G divisions into the firm. The move comes two years after Washington Group and seven years after EG&G were acquired. The units, which operated as divisions of publicly owned URS, will be discontinued as of Jan. 1 and absorbed into the parent company’s brand. URS will now report financial results for an infrastructure and environment segment, formerly the URS division; a federal services segment, formerly EG&G; and an energy and construction segment, formerly Washington. Chairman Martin Koffel says the changes
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.