The March 11 move by Willbros Group, Houston, to buy Seattle-based InfrastruX Group for $480 million in cash and stock sets up a new energy-sector engineering giant.
Randy Harl, Willbros president and CEO, says InfrastruX will offer “a different but complementary focus” to Willbros on infrastructure for the oil-and-gas industry, including large pipelines. InfrastruX specializes in engineering and construction for gas and electric utilities, including small-diamater pipelines and transmission.