Novatek Related Links: CB&I Announces Agreement to Acquire the Shaw Group Shaw Group Announces Agreement to be Acquired by CB&I CB&I Q3 2012 Results Discussion with Analysts--July 24, 2012 Shaw Group Q3 2012 Results Discussion with Analysts-July 10, 2012 Projecting a boom in global energy markets and the need for more capacity, Texas-based engineer-contractor CB&I announced the acquisition of The Shaw Group Inc. in a cash-and-stock deal valued at about $3 billion. The companies say it will create one of the world’s largest firms competing in the sector.CB&I says it will use cash on CB&I's and Shaw's balance sheets to
Projecting a boom in many global energy markets, particularly in North America, Texas-based engineer-contractor CB&I has moved to add capacity by announcing July 30 that it would acquire The Shaw Group Inc. in a cash and stock deal valued at $3 billion.
The advanced age of the U.S. electricity grid, which has been retrofitted with technology over the years to balance supply and demand, poses the biggest cybersecurity threat to the power sector, a new report by the computer security firm McAfee warns.
Photo courtesy of McCarthy Building Cos. McCarthy Heart Hats volunteers, including Austin Nunez (left) and military veteran Ray LaTour, work to renovate the Veterans First property in Anaheim, Calif., as part of McCarthy' Building Co.'s many volunteer efforts in the community. Related Links: Engineering News Record Architectural Record People Presidents remembered Bruce Woolpert, 61, president and CEO of Graniterock, a Watsonville, Calif., construction materials distributor, died June 24 in a boating accident on Lake Tahoe. Board member Mark Kaminski was named acting CEO. Don L. Short II, 60, a nationally known construction cost estimating consultant and the president of Tempest
Related Links: Company obituary of co-founder Bill Larson and links to related stories LARSONWilliam L. "Bill" Larson, who co-founded an architecture practice that grew in 45 years to become the 500-person design-engineering firm DLR Group, Overland Park, Kan., died on June 29 in Pinetop, Ariz. He was 88. The cause of death was complications from a series of falls, says a company spokesman.Larson was a vice president at architect Leo A Daly before founding his own firm in 1966, along with architect Irving R. Dana and engineer James P. Roubal. Dana Larson Roubal and Associates became DLR Group in
MCDONALDJonathan H. McDonald has joined design firm Atkins as vice president and senior practice manager for transit and rail. Based in San Francisco, he had been West division rail systems director at HNTB. McDonald is chair of the American Public Transportation Association's research and technology committee, and he has been a U.S. delegate to the Asia-Pacific Economic Cooperation (APEC), a forum for 21 Pacific Rim countries that promotes regional free trade.Parsons Corp. has named Ane Deister vice president of the firm's environmental division, which focuses on its western-region commercial environmental business. Based in Sacramento, she was vice president of
CONDABrinderson LP, a Costa Mesa, Calif., industrial and petroleum contractor, has named Russell Conda as CEO, the company confirmed to ENR. He succeeds Gary Brinderson, who becomes chairman. Conda, a 30-year construction veteran in the oil-and-gas sector, had been senior vice president and general manager for WorleyParsons' western operations, based in California. He served as vice president and director of onshore projects at ABB Lummus Global (now CB&I Lummus) and as senior vice president of operations at Aker Solutions. Brinderson ranks at No. 288 on ENR's list of the Top 400 Contractors, with $187 million in 2011 revenue.Kirk Morrison
Bruce W. Woolpert, who left a career at Hewlett-Packard to lead Granite Rock Co., a family-owned Watsonville, Calif., construction materials supplier and paving contractor that grew with the state's once- booming economy, died on June 24 in a Lake Tahoe boating accident, says the firm. He was 61 and had been president and CEO since 1987. Granite Rock named as interim CEO Mark Kaminski, a board member and former chief of a metals producer. Granite Rock has 600 employees but did not disclose revenue. WOOLPERTGranite Rock's roots date to 1900, when Woolpert's grandfather, A.R. Wilson, launched the company and its
Two consultants that specialize in transportation public-private-partnership (P3) deals and alternative financing aim to gain larger platforms through new corporate owners.
Pea-Mora lost faculty vote of confidence and stepped down. Related Links: October 2011 letter to interim Columbia U. Provost John H. Coatsworth Pena-Mora resignation statement Even with strong support on campus and off in three years as dean of the Columbia University Fu Foundation School of Engineering and Applied Science, Feniosky Peña-Mora could not survive faculty dismay with his administration.The New York City-based university announced his resignation July 3 in an email to students and staff, and said faculty veteran Donald Goldfarb would become interim dean while a search for a permanent successor begins. He had been named several months
