Eiffage, France's third largest contractor, has named its 71-year-old founder and retired chief executive Jean-Francois Roverato to stabilize company leadership following the sudden death last month of Chairman and CEO Pierre Berger.
The election of Justin Trudeau as Canada’s prime minister should crack open new opportunities for Bird Construction, with the contractor working to diversify its portfolio of projects amid lowered demand in the profitable industrial and oil and gas sectors.
Terex Corp. has bypassed speculated insiders and turned to outsider John L. Garrison Jr. to succeed veteran CEO Ronald DeFeo in leading the soon-to-be-expanding equipment company, the firm said on Oct. 15.
The Louis Berger Group on April 1 signed a $100-million, five-year program-management contract to help Saudi Arabia build some $16 billion worth of highway and transit systems through 2025 in Madinah, the second-largest destination for Islam followers.
The Dodge Momentum Index posted a monthly decline of 4.8% this January but is still 5.8% higher than January 2014's level, according to Dodge Data & Analytics.
IDE Technologies Ltd., a leader in the global desalination technology market that is owned by two Israeli firms, is set for spinoff next year from its Israel-based corporate owners to boost the have decided to put the company on the block. “There are only a few companies out there that have experience in the field of large desalination plants and this could make IDE very attractive to a major international infrastructure company,” says Chen Herzog, chief economist and energy and infrastructure expert in the Tel Aviv office of BDO Consulting. In order to make IDE more attractive, its current owners are
Bentley Systems Inc., an international purveyor of a broad suite of software for design and management of infrastructure that gets three quarters of its revenue from subscriptions, maintained the same 8% revenue growth rate, in constant currency—an accounting method that filters out exchange rate fluctuation—that it reported the previous two years.CEO Greg Bentley says the company is budgeting for 6% internal growth this year, and also expects to make acquisitions.The 2013 performance self-assessment came during an April 16 analysts’ briefing about the Exton-Pa.-based company. During the call CEO Bentley described the 2013 annual report, which has not yet been released.The
Materials Cement Manufacturer Agrees To Reduce Emissions at Plant Portland cement producer CEMEX Inc., Lyons, Colo., will pay a $1-million civil penalty to resolve alleged violations of the Clean Air Act in a settlement reached on April 19 between the company and the U.S. Environmental Protection Agency. The Dept. of Justice, on behalf of the EPA, filed a complaint against CEMEX alleging that between 1997 and 2000, unlawful modifications the company made at its Lyons plant resulted in significant net increases of nitrogen oxide (NOx) and particulate-matter emissions. As part of the settlement, CEMEX will install selective non-catalytic reduction (SNCR)