CEO Ian Edwards says new name cements market identity not tethered to past ethics scandals, legal battles and bottom line pressures of fixed-price construction, as Canada firm builds on its Atkins unit and new needs in changing energy and transportation niches.
The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.
Rebuilding the walls, which date to the late 1800s and early 1900s, would better protect areas along the Potomac River and Tidal Basin against water-level rise and storm surge.
Detroit-area contractor is the first company to plead guilty as the result of an ongoing antitrust investigation in the U.S. asphalt paving sector, says the U.S. Justice Dept.
Construction groups and environmental advocates both criticize the final "waters of the United States" rule that will open to development thousands of wetland acres formerly protected.