Enlarge ENR Art Dept. Chart depicts compensation data for 2013 filed in 2014 proxy statements; CEOs of AECOM and KBR have changed; URS Corp. was acquired in 2014; Craig Martin has stepped down as Jacobs CEO, no permanent replacement yet named. Four construction industry CEOs were among the 200 best-compensated chiefs of publicly-held companies valued at $1 billion or more on this year's list compiled by compensation consultant Equilar Inc. for The New York Times, based on 2014 proxy statements filed by April 30.Of those CEOs, one is a newcomer both to the list and his industry firm position, while
Nick Hetrick was AECOM's project manager on a Milford, Del., highway interchange job when he got an urgent call from his boss: A Delaware Dept. of Transportation crew on June 2 had verified an engineer's report that piers supporting an interstate bridge in Wilmington had tilted.
Photo by Tudor Van Hampton / ENR Falling oil prices have made alternative-fuel vehicles, such as this compressed-natural-gas pickup, less economically viable, fleet managers say. Related Links: U.S. Energy Policy Shaped by Natural Gas and Renewables Development in 2014 Expansion in Natural Gas Production Spurs Big U.S. Export Plans Oil Price Decline Prompts Industry Firms to Hope for The Best and Plan for the Worst As the price of crude oil bottoms out at its lowest market value in more than four years, the bottom-line fuel costs of many construction-fleet managers are lighter. But equipment managers are taking this market
Related Links: New Jersey Landfill Mired in Turmoil Applellate Court Decision Text Fenimore Landfill has sparked controversy once again in Roxbury, N.J., after an appellate court ruled that New Jersey's Dept. of Environmental Protection overstepped its authority when it seized the site in 2013.The court found NJDEP did not secure judicial approval before seizing the property under an emergency order and neglected to properly test the site for contaminants it claimed were a danger to the community.The state's emergency order was issued hours after Gov. Chris Christie (R) signed the New Jersey Legacy Landfill Act, a law which allows the
Within a year or two, U.S. companies likely will replace many human workers now flying aerial survey and photo missions or inspecting structures from scaffolds and platforms with missions flown by unmanned aerial vehicles—drones.
Photos courtesy of Weeks Marine Weeks Marine completed rebuilding of storm-damaged shoreline at Port Fourchon, La. in a $70-million project. . Rendering of offshore wind turbine installation vessel Weeks now is building to be used in a developing US wind energy market. As land continues to erode from coastal Louisiana and recent natural disasters have made shoreline resilience a bigger U.S. priority, marine and dredging contractor Weeks Marine Inc. has “stepped on the gas” in the environmental services sector, says CEO Richard Weeks. The Cranford, N.J., contractor debuts among the Top 200 firms this year at No. 34, with $327.6
Related Links: White House Report: The Cost of Delaying Action to Stem Climate Change A delay in curbing carbon dioxide (CO2) and other greenhouse-gas emissions could lead to a 40% increase in costs associated with climate change per decade delayed, according to a July 29 report by the White House Council of Economic Advisers.The White House also projects $150 billion in damage per year to the U.S. economy in 10 years if no action is taken.Both estimates are contingent on a projected 3°C increase over pre-industrial temperatures.The report’s data was gathered from 16 different studies of more than 100 pairs
Attempting to bring electric water heaters into the current era, civil engineer-turned-inventor Jerry Callahan says he has created a novel water heater that eliminates traditional modes of failure while increasing energy efficiency—and it has Wi-Fi.Instead of using traditional heating elements, Callahan’s tankless heater, called the Model 1 by Heatworks, uses an ohmic heating process in which electric current is passed through water between 19 graphite electrodes.Until the invention of this device, the ohmic method could not be used to attain the precise water-temperature control needed for domestic or commercial hot-water systems. Callahan claims the Model 1’s microprocessor achieves control by