Babcock & Wilcox ranks at No. 40 on ENR’s list of The Top 400 Contractors, with nearly $1.4 billion in 2013 revenue. Analysts speculate the split units will be acquired. “We do not believe the ultimate end game is for the two businesses to become two publicly traded companies,” says Jamie Cook, lead E&C sector analyst for Credit Suisse. She says potential acquirers of BWX Technologies include aerospace and defense companies, and that an international firm would likely buy the power generation business “as Asian players are trying to enter the market.” According to Cook, B&W executives say they are not in acquisition talks with any potental buyers.
Knutson Construction, Minneapolis, has named Vital Brouillard vice president of preconstruction. He was preconstruction director at contractor JE Dunn. Christine Wiegert also is now director of business development. She was marketing vice president at engineering firm TKDA, St. Paul. Chris Terry and Tom Leimer are promoted to vice president and division manager, respectively.
ARCADIS US, the Highlands Ranch, Colo.-based unit of the Dutch global engineer, has elevated Lowell McBurney, a 23-year company veteran to executive vice president. Previously senior vice president, he is a Syracuse, N.Y.-based client development director and previous operations director and market sector leader. Promoted to senior vice president in various U.S. locations are Jeff Burdick, Derek Edge, Peter Glus,
TWayne Holcombe. Tim Llewellyn and Jim McConnell. The firm also named eight new vice presidents and 13 new associate vice presidents across the country.
Timothy Barnard, the chairman of contractor Barnard Cos., Bozeman, Mont., and Raymond R. Oneglia, vice chairman of O&G Industries, a Torrington, Conn., construction firm, will be cited for industry
The National Academy of Construction, a Texas-based group of construction industry leaders who are peer-selected for their contributions to the industry, last month inducted 28 new members. They are Kenneth E. Arnold, Sam E. Baker, Jr., Harvey M. Bernstein, Carole L. Bionda, Robert L. Bowen, Jane A. Chmielinski, David S. Crawford, Bill T. Dutra, Henry J. Hatc, Chris T. Hendrickson, Garry M. Higdem, William P. Hite, Gregory A. Kelly, Jeffrey M. Levy, Lewis E. Link, Peter W. Marshall, Patrick J. Natale, James T. O'Connor, George J. Pierson, James A. Rispoli, Milo E. Riverso, Victor Sanvido, Frank J. Sciame, William R. Seed, Howard B. Stussman, Anne Bigane Wilson, John B. Zachry and Michael S. Zetlin.