Westinghouse Electric Co.’s recent realization of more than $6 billion in additional costs related to completing construction of two U.S. nuclear projects forced the firm to file for Chapter 11 bankruptcy protection on March 29.
An April 3 bid by Canada-based global design giant SNC-Lavalin to buy U.K. engineer Atkins, valued at $2.6 billion, has been confirmed by both firms’ boards and further indicates a resurgence in industry sector consolidation, observers say.
Two separate failures of three cantilevered flanges of three precast, prestressed-concrete double-T parking-deck sections—reinforced with a non-code-compliant, high-strength carbon-fiber-reinforced polymer grid—are putting the spotlight on the structural safety of corrosion-resistant FRP grids for transverse reinforcement of double-Ts.