Companies AECOM Civil Building Unit Sale Follows Power Exit; Three Execs Join Firm's Board Debra K. Rubin December 10, 2020 No Comments Shimmick unit will have private equity owner; Bowman Consulting deal to buy MEP Engineer KTA will close in early JanuaryRead More
Coalition of Mayors, Industry Players Release Infrastructure Playbook Aileen Cho June 24, 2020 No Comments WSP led report that group hopes will inform a federal stimulus bill.Read More
West Seattle Bridge Decision Coming This Summer, Tunnel Discussion Starts Tim Newcomb June 10, 2020 No Comments The Seattle Dept of Transportation expects to determine the bridge’s the structural stability in “late June or early July.”Read More
Milestone Reached in $8B NYC LaGuardia Airport Revamp Aileen Cho June 10, 2020 No Comments Public-private partnership team opens first area of $4-billion terminal redevelopment, signaling 80% completion of that projectRead More
WSP Plans New Stock Offering, Reviving Speculation About Deal Richard Korman June 2, 2020 No Comments Stock with a value of $437 million will be offered.Read More
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.Read More
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.Read More
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? Read More
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.Read More
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.Read More