WSP

Massive Nigeria Port Moves Forward with Chinese EPC Contractor Funds

Shem Oirere

May 22, 2020

No Comments

The $1.675 billion Lekki port, set to be complete in 2022, will be the deepest in sub-Saharan Africa.

Financial Turmoil

AECOM and WSP Halt Talks to Create Megafirm, Sources Say

Value uncertainty created by COVID-19 pandemic is apparent reason

Debra K. Rubin

April 2, 2020

No Comments

Two giants won't confirm negotiations, but deal was close before COVID-19 projections, with talks that could pick up by summer, source says.

Transportation

Colorado City Drops Out of Toll Road Plan

Broomfield withdraws from Jefferson Parkway project after soil sample yields plutonium

Jim Parsons

February 28, 2020

No Comments

Will proximity to a former federal nuclear weapons complex scrap the $250-million road project?

Company Focus

AECOM First-Quarter Results Leave Investors Hopeful

The company is quiet on construction asset sale, CEO change and possible WSP merger deal

Debra K. Rubin

February 4, 2020

No Comments

Design giant sees revenue drop, noting "large" claim on storm cleanup work, but cites positive earnings; CEO is quiet on reported WSP merger talks and his successor.

Mergers & Acquisitions

Engineering Giant WSP USA Acquires Denver-Based LT Environmental

Mark Shaw

January 30, 2020

With the acquisition, consultant WSP USA extends its reach in the water and environmental sectors in the West.

WSP Boosts Growth With Planned $65M Buy of US Engineer

Debra K. Rubin

August 30, 2019

No Comments

Canadian giant says the deal for Ecology & Environment Inc. would expand its environmental services niche and U.S. public sector market.

Transportation

New York City Opens Second Span of Kosciuszko Bridge

City's first bridge since 1964 comes in four years ahead of schedule

Jim Parsons

August 29, 2019

No Comments

Light and music show marks the official opening of $318-million phase on August 28.

Corps Physical Training Facility at the Virginia Military Institute

WSP USA Finds Success By Taking Local Approach

Jim Parsons

June 11, 2019

No Comments

Global firm taps ground-level knowledge and world resources to build its regional presence

Transportation and Transit

Canceled WSP Contract Sends Message To NY Construction Industry

Richard Korman

June 5, 2019

7 Comments

New York's Metropolitan Transportation Authority has imposed a 10% fee cut on current projects and its CEO has talked of the importance of stricter future treatment of large companies.