Expecting to gain in an oil-services market that is showing signs of a recovery, sector engineering- construction giant Technip, Paris, and FMC Technologies, Houston, are set to merge next year to create an estimated $20-billion megafirm, the companies announced on May 19.
Alan Krause is named executive vice president of Canada-based design firm Stantec Inc., following the May 6 closing of its $795- million acquisition of engineer-constructor MWH Global, of which he was chairman and CEO.
AECOM, ranked No. 1 on ENR's Top 500 Design Firms list, disrupted engineering-sector size norms when it purchased URS Corp. in 2014. Now it is moving forward in its link with mega-disruptor Elon Musk, and others, to design test tracks for his Hyperloop transportation system concept.
Howard Birdsall, who, as founder and former CEO of now-defunct Birdsall Services Group, presided over a $1-
million scheme in New Jersey that illegally funneled political donations through employees, was sentenced on April 22 to four years in state prison.
Pittsburgh mechanical contractor Limbach Holdings LLC says it is going public in a $97-million merger with a special-purpose acquisition company that trades on the NASDAQ exchange.
