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Nov. 26, 2008 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NasdaqGM: - ) (NasdaqGM: - ) (NasdaqGM: - ) (``Primoris'' or ``Company''), one of the largest specialty contractors and engineering companies in the United States, today announced that its Board of Directors has authorized a ``modified Dutch auction'' tender offer to purchase for cash up to a maximum of $4 ... Primoris, through various subsidiaries, is one of the largest specialty contractors and engineering companies in the United... (Primezone Releases)
Former Siemens board member convicted Nov 25, 2008
The case is one of a series of scandals that have upset Siemens, the biggest European engineering company, for the last two years. Investigations have spread to at least a dozen countries over bribes to customers and the labor group. (International Herald Tribune -- Business)
US trade team heads to India, eyes $150bn nuclear pie Nov 25, 2008
In recent decades, US reactor companies and civil nuclear engineering companies have remained at the forefront of innovation and engineering worldwide. The US industry, including many of the commercial nuclear suppliers on this Mission, provided massive political support for the US-India civilian nuclear initiative, USIBC said. (India Times, India)
Liberia: Liberian Engineer Gets Top Post in U.S. Nov 22, 2008
A United States-based Liberian engineer, Isaac Dee, has been appointed vice president of Harris and Associates, the 28th largest construction management and engineering company in the US.. Dee, CCM, CVS, has assumed responsibility of Northern Region Infrastructure Construction Management, a region covering northern California. (allAfrica.com)
KBR wins Egypt Hydrocarbon contract Nov 21, 2008
The Houston engineering company will be providing a pre-front end engineering design study for two polyethylene units at Egypt Hydrocarbon s petrochemical complex near Suez, Egypt. KBR (NYSE: KBR) has already completed a master plot plan study for the complex. (Houston Business Journal, TX)
Rolls-Royce Plans up to 2,000 Job Cuts in 2009 Nov 21, 2008
The cuts represent the first part of a larger plan to cut between 1,500 to 2,000 jobs across Rolls-Royce's businesses worldwide in 2009, the engineering company said in a statement. The plan will help it trim costs and reduce output as demand drops because of an uncertain economic outlook and delays on some of the company's most high-profile projects, like the Airbus A380 and Boeing 787. (ABC News -- Wire)
Congo-Kinshasa: Will More Peacekeepers Help? Nov 21, 2008
One engineering company (175 personnel) is needed to support the proposed troop surge in DRC.. Ban is also seeking 200 military training instructors/advisers to support and enhance MONUC's ongoing training programmes to the Armed Forces of DRC (FARDC). (allAfrica.com)
The Valley's priciest home sales Nov 19, 2008
The chairman and CEO of a Chicago-based engineering company, a semiconductor chief executive, a psychiatrist and an orthopedic surgeon are among the buyers and sellers in this week's priciest home sales. $3,025,000. (AZCentral -- Business)
2 former Siemens managers confess in bribery scandal Nov 19, 2008
Siemens, the biggest European engineering company, has been dogged since November 2006 by an investigation into allegations of bribes to customers that have spread to at least 12 countries including the United States. The company, based in Munich, said it had found that 1. (International Herald Tribune -- Business)
PEDCO learns from past, takes new approach to grow Nov 18, 2008
PEDCO was a top 50 national engineering company into the early 1980s, exceeding $50 million in revenue a year. It formed PEDCO E&A in 1981 as a subsidiary to handle its architectural and design work. (Cincinnati Business Courier, OH)
China Rejects Sending Troops to Afghanistan Nov 18, 2008
As one of the five permanent U.N. Security Council members, China has grown increasingly active in the body's peacekeeping efforts, having deployed more than 10,000 troops, mainly from engineering companies, to U.N. missions from Cambodia to Haiti to Sudan. In contrast, the 41-nation coalition helping maintain Afghan security operates under NATO command. (Time.com)
NB to lead in export growth Nov 17, 2008
Knight said some of those Fredericton firms are engineering companies. But he said researchers at the University of New Brunswick are also benefiting from the boom. (Miramichi Leader)
India urged to slash rates, taxes Nov 17, 2008
Anilkumar M. Naik, chairman of Larsen & Toubro, India's biggest engineering company, also called for lower borrowing costs to shore up the economy. "Development will suffer" on account of high interest rates that need to be reduced, he said in New Delhi. (Sydney Morning Herald -- Business)
Remote Finnish city grows accustomed to nuclear power Nov 17, 2008
It is the product of a consortium of French and German engineering companies. Today in Europe. (International Herald Tribune)
Primoris Services Corporation Announces Third Quarter 2008 Financial Results Nov 17, 2008
Nov. 17, 2008 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NasdaqGM: - ) (NasdaqGM: - ) (NasdaqGM: - ) (``Primoris'' or ``Company''), one of the largest specialty contractors and engineering companies in the United States, today announced financial results for the third quarter and nine months ended September 30, 2008 ... October 2008: Contract with a large public utility for the installation of approximately 22 miles of 24" gas transmission mainline in Brawley, California, the purpose of... (Primezone Releases)
Bob Jasse, 79; owned orchard popular with brides Nov 16, 2008
By the early 1960s, he and some colleagues at a chemical engineering company in Boston decided to form Chomerics, which made electromagnetic interference shielding and insulation materials for the military, aerospace, computer, and telecommunications industries. In March 1985, W.R. Grace & Co. announced it would acquire Chomerics. (Boston Globe)
* THE LIBERTY TIMES EDITORIAL: Unity against Chinas united front Nov 16, 2008
However, when the KMT also wanted to remove several advanced electrical engineering companies, then-Industry and Mines minister Sun Yueh-chi (]VT) intervened and handed over all state-run heavy industry facilities to the CCP.. As a result, the CCP took over more than 1,000 functioning factories and mines and an almost completely intact industrial system. (Taipei Times, Taiwan -- World)
Dubai fund chief: Now is not the time to invest Nov 16, 2008
Its holdings include British hotel chain Travelodge and precision engineering company Doncasters Group. Earlier this month, a senior official of a sister company, Dubai Group, told the AP he saw "fantastic opportunities" in the United States in the wake of the global financial crisis. (International Herald Tribune -- Health)
Aozora, Eisai, Mitsubishi UFJ, Resona, Sharp, Toyota: Japan Equity Preview Nov 16, 2008
(1968 JT): the plant engineering company lifted its full-year net income forecast 29 percent to 3. 36 billion yen and its sales forecast 8 percent to 71. (Bloomberg -- Japan)
KBR to work on Qatar/Bahrain causeway Nov 15, 2008 Mulford pitches for US industry Nov 15, 2008 CRH, Hochtief Lead European Builders Benefiting From Obama's Stimulus Plan Nov 15, 2008 L&T to cut investments in realty Nov 14, 2008 Board discusses possible DOT chief conflict of interest Nov 14, 2008 A.B. Yehoshua's 'Friendly Fire' Nov 14, 2008 GKN warns again as global auto slowdown bites Nov 14, 2008 Stocks Fall in Europe, Asia; Siemens, Zurich Financial, BHP Billiton Drop Nov 13, 2008 Fraport, Lanxess, Premiere, Siemens Shares May Move: German Equity Preview Nov 13, 2008 MADISON COUNTY COMMISSION MINUTES Nov 13, 2008 SAP hires former Oracle exec to head up on-demand for the enterprise Nov 13, 2008 BT cutting 10,000 jobs as part of costs drive Nov 13, 2008 KBR wins Army Corps contract Nov 12, 2008 MHI Receives Order for Two Sets of 150 MW Gas Turbine and Generator For Manifa Oil/Gas Production and Processing Project of Saudi Aramco Nov 12, 2008 Gold Horse International, Inc. Announces Strong Results for First Quarter Fiscal 2009 Nov 11, 2008 Senior IT Appointment at WealthCraft Nov 10, 2008 Photonics shine Nov 10, 2008 India Inc cuts jobs Nov 8, 2008 European Stock-Index Futures Decline; Munich Re, Lafarge, Siemens May Fall Nov 7, 2008 Search: Manufacturing jobs Nov 6, 2008 KBR wins Sonangol work Nov 6, 2008 Calvey Creek Sewer District Is Expanding Nov 6, 2008 Siemens sets aside €1 billion for bribery settlements Nov 6, 2008 Showa Denko K.K. (SDK) Announces Third Quarter 2008 Results Nov 6, 2008 China Sky One Medical, Inc. Announces Conference Call to Discuss Third Quarter 2008 Results Nov 5, 2008 ARCADIS Awarded Three GRiP(R) Contracts for the US Army, Worth $33 Million Nov 5, 2008 Council to review liquor license applications Nov 5, 2008 Jacobs Says Oil-Sands Industry Work May Drop by Third as `Bubble' Bursts Nov 5, 2008 Fujitsu Buys Siemens Stake in Their Joint Computer Unit for $567 Million Nov 4, 2008 Transportation bonds beg for attention Nov 3, 2008 Stocks Rise in Europe, Asia as Money Market Rates Drop; Siemens, HBOS Gain Nov 3, 2008 Vote yes on transportation bond to strengthen Alaska Nov 2, 2008 Vodafone reveals basis for mobile broadband ad Nov 2, 2008 Career track Nov 2, 2008 Fujitsu Said to Be Close to Buying Siemens 50% Stake in Computer Venture Nov 2, 2008 KBR come out ahead in 3Q Nov 1, 2008 Syntroleum Releases Third Quarter 2008 Financial Results On October 31 Nov 1, 2008 GEA Group Posts Wider-Than-Estimated Loss on Costs to Close Zinc Division Oct 31, 2008 Continental AG, GEA Group, Hawesko, Puma May Move: German Equity Preview Oct 31, 2008 KBR wins work on Abu Dhabi project Oct 30, 2008 Boxford library project in limbo Oct 30, 2008 Bali search for missing UK man Oct 29, 2008 Sand mine gets city approval Oct 29, 2008 Murray & Roberts increases order book by 11% to R61bn Oct 29, 2008 Space Tech Prosthetic Leg Helps To Reach Long-jump World Record Oct 28, 2008 Don't carry a cloth lunch bag to work? Tsk, tsk Oct 28, 2008 • URS group plans to award BSU researchers $150,000 Oct 28, 2008 WorleyParsons says outlook is positive Oct 28, 2008 Swiss probe $430 million payments in Alstom case Oct 28, 2008 Brook Council waits for plans on water to industrial park Oct 28, 2008 Race for Delta trustee seats is drawing a crowd Oct 28, 2008 GKN to cut over 1,400 jobs and shut plants Oct 27, 2008 KBR wins $197M Army Corps contracts Oct 25, 2008 German Stocks Drop to Three-Year Low; Daimler, MAN AG, Volkswagen Decline Oct 25, 2008 Solar co. seeks space in former Sony bldg Oct 25, 2008 Local engineering company picked for Trump's project Oct 24, 2008 Design problems noted on garage Oct 24, 2008 Bourne considers risk of composting plant Oct 23, 2008 Council notified of potential lawsuit Oct 22, 2008 Day after: Metro fines contractor, axes site in-charge Oct 21, 2008 Rail may revive Washington Street corridor Oct 20, 2008 Ex-Beijing official gets death sentence Oct 20, 2008 Sensex in the red; NTPC, BHEL drag Oct 17, 2008 L&T's new investments guzzle funds; Q2 net profit rises 32% Oct 16, 2008 Va Couple Sentenced for Embezzlement Scheme (8:09am) Oct 16, 2008
The Houston-based engineering company will provide design management, project management and construction management services for the Qatar-Bahrain road and rail marine crossing. KBR (NYSE: KBR) will begin work immediately with United Kingdom-based Halcrow, also an engineering company, on the first two phases of the causeway. (Houston Business Journal, TX)
Norman takes reins at TAB Nov 15, 2008
Before joining the Texas Association of Builders in January 2003, he served as a staff attorney for Texas State Senator J.E. Buster Brown, and as general counsel for the Texas Senate Natural Resources Committee and the Texas Council of Engineering Companies Inc.. He is a member of the construction law section of the Texas Bar Association, the Travis County Bar Association and the Austin Young Lawyers Association. (Austin Business Journal, TX)
Making comparisons with France, he said American civil nuclear engineering companies were the ``most efficient and competitive in the world. The US produced more electricity than any other country and 19 percent of that came from nuclear plants. (Express Buzz)
Nov. 14 (Bloomberg) -- of Ireland and and of Germany lead a list of European building and engineering companies that may benefit from emergency U.S. spending on roads, bridges and power plants. Faced with what may be the worst recession in a quarter- century, U.S. President-elect has pledged to create a National Infrastructure Reinvestment Bank, financed with $60 billion in federal funds over 10 years. (Bloomberg)
Engineering company Larsen ro (Lirman AM Naik has adopted a more direct approach. He is talking to his employees on the impact of a downturn in the world economy and how it may affect the company. (India Times)
Within those documents was an e-mail that led to information that the president of an engineering company doing contract work for the state Department of Transportation helped shepherd a college application for Evans son. The application effort ended last month, Evans said, when her son missed a deadline. (Atlanta Journal-Constitution -- Metro)
He is the sober, slightly boring but admirably responsible owner of an elevator engineering company, while she is flightier, more intellectual, an adventuresome teacher who has gone off to Tanzania to see her brother-in-law and grieve over her recently deceased sister. Highly interdependent co-rulers of a small, respectable and well-regulated world of friends, children and grandchildren, Amotz and Daniela are rarely apart (this also describes Yehoshua's own marriage), so the week of disruption... (International Herald Tribune -- Arts)
Automotive and aircraft engineering company GKN warned on Friday that production in November and December would be about 20 percent lower than previously expected due to a "very significant" decline in business within the last seven days. Shares in the company were down 8 percent at 91. (International Herald Tribune -- Arts)
Siemens, Europe's largest engineering company, slipped 3 ... Europe's biggest engineering company reported fourth-quarter profit that missed analyst estimates on costs for job cuts at the company's transport and health-care units. (Bloomberg -- Germany)
(SIE GY): Europe's largest engineering company reported fourth-quarter profit that fell more than analysts estimated on costs for job cuts at the company's transport and health-care units. The shares dropped 1. (Bloomberg -- Germany)
McCaul Engineering Company appeared and recommended the low bidder, Robertson Contractor's Inc., be awarded the contract for building the bridge on County Road 516 over Wachita Creek. The detailed bid tabulation was 578,412. (Park Hills Daily Journal, MO)
"John's a software engineer. SAP is one of the world's finest software engineering companies. And being able to dig into a really interesting development in the software business -- that's the kind of intellectual challenge he would like." ... "John's a software engineer. SAP is one of the world's finest software engineering companies. And being able to dig into a really interesting development in the software business -- that's the kind of intellectual challenge he would like.". (Search SAP)
" EARNINGS BLOW BT said last month it expected to report group revenue ahead of original forecasts but that earnings per share and earnings before interest, tax, depreciation and amortisation (EBITDA) would be slightly below forecasts due to the poor performance of its Global Services unit. Its second-quarter EBITDA, reported on Thursday, was down 1 percent but ahead of forecasts at 1.43 billion pounds, while revenues were up 4 percent at 5.30 billion pounds. Analysts had been expecting EBITDA... (International Herald Tribune -- Arts)
The Houston-based engineering company will be supplying the power to the Western region of the United States. The five-year contract was created by the Army to respond immediately to power emergencies caused by natural or manmade disasters. (Houston Business Journal, TX)
Tokyo, Nov 12, 2008 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Tecnicas Reunidas, S.A., a Spanish engineering company, for two sets of its natural gas-fired 150 megawatt (MW) M501F gas turbine and generator. The gas turbines and generators on order are for a large-scale oil and gas production/processing project of Saudi Arabian Oil Company (Saudi Aramco), Saudi Arabia's state-owned oil firm. (JCN Network, Japan)
"We are pleased to report strong results for the first quarter of fiscal 2009, which reflect the continued success of our management team in securing and executing construction projects and maintaining excellent government and customer relationships," commented Mr. Liankuan Yang, chairman and CEO of Gold Horse International, Inc. "After announcing strong year-end results for fiscal year 2008 in October, Gold Horse continues to thrive as a leading construction and engineering company in the... (PR Newswire)
His first position in Mainland Chinawas as a telecommunication engineer at Shenzhen Telecom Engineering Company, which he joined in 1998, implementing PSTN and GSM engineering for China Telecom and China Mobile. About WealthCraft WealthCraft Systems Inc. (OTC Bulletin Board: WCSY) headquartered in Hong Kong SAR, is the parent company of WealthCraft Systems Ltd, an information technology company that designs, develops, markets and supports a flexible, scalable and secure technology platform for... (PR Newswire)
Research and development at the national labs and military installations has attracted a broad base of local engineering companies to supply products and services, but as new technologies have emerged from federal R&D programs, engineering support firms have migrated into the commercial market, says Ed Spivak, director and treasurer for the. We ve been blessed by all the R&D at the Air Force Research Laboratory and the national labs, Spivak says. (New Mexico Business Weekly, NM)
Ltech, a wholly-owned subsidiary of the countrys largest engineering company Larsen o (L shedding up to 5% of its workforce of nearly 10,000 employees, according to market sources. Rather than give out pink slips, people are being forced to hand in their resignations, said one person familiar with the development. (India Times, India -- Intl Business)
Siemens AG may drop after UBS AG recommended selling shares Europe's largest engineering company. on the Dow Jones Euro Stoxx 50 Index, a benchmark for the euro region, fell 4, or 0. (Bloomberg -- Germany)
Like to work with one of Australia and New Zealand's largest engineering companies. Outstanding Career Opportunity within a.. (Sydney Morning Herald -- Entertainment)
The Houston engineering company will provide front-end engineering and design work for Sonangol s Lobito refinery in Angola. Once completed, the facility will process heavy crudes and reduce the need to import petroleum products into the area, according to KBR (NYSE: KBR). (Houston Business Journal, TX)
" Calvey Creek Sewer District board members are Pete Gallagher, Tim Weaver, Lisa Fox, Paul Melkowski and Lloyd Borgstede. Radine Watts is the subcontracting secretary. Bill Maytas is the maintenance contractor who answers services calls 24 hours a day, seven days a week. Missouri Engineering Company (MOENNCO), Rolla, which offers architectural, engineering, planning, surveying, environmental and technical consulting, is assisting the sewer district board with the expansion. Charles Ray is the... (Missourian Publishing, MO)
Siemens, the world's largest engineering company, said Wednesday that it had set aside 1 billion to settle U.S. and German charges that it bribed officials in at least a dozen countries to win contracts. The provision, for the equivalent of $1. (International Herald Tribune -- Business)
Chemicals- Waste anesthetic gas disposal system provided to Swedish firmWe provided our waste anesthetic gas disposal system technology AnescleanSW(TM) to Qmt tech ab, a medical equipment engineering company in Sweden. The AnescleanSW(TM) system decomposes nitrous oxide, a greenhouse gas used as inhalation anesthetic at hospitals. (JCN Network, Japan)
Through its wholly-owned subsidiaries, Harbin Tian Di Ren Medical Science and Technology Company ("TDR") and Harbin First Bio- Engineering Company Limited ("First"), the Company manufactures and distributes over-the-counter pharmaceutical products, which make up its major revenue source. For more information, visit. (PR Newswire)
AMSTERDAM, November 5 /PRNewswire-FirstCall/ -- ARCADIS (EURONEXT: ARCAD), the international consultancy, design and engineering company, announced today that it has been selected to provide performance based remediation services under its GRiP(R) program by the U.S. Army Environmental Command at Fort Stewart/Hunter Army Air Field (HAAF) in Georgia and White Sands Missile Range (WSMR) in New Mexico. The total value of the awarded contracts is $33. (PR Newswire)
The council will visit with the engineering company as far as any outstanding bills that could be paid to close the loan. A special city council meeting was called for Monday, Nov. 10 at 5 p.m. for the purpose of the SRF loan. (Tyndall Tribune & Register, SD)
Nov. 4 (Bloomberg) -- the second-largest publicly traded U.S. engineering company, said industrywide projects to extract crude from Canadian oil sands may decline by a third amid falling oil prices. We think a bubble has broken,'' Chief Executive Officer said today on a conference call today with analysts. (Bloomberg -- Canada)
The move by Siemens, Europe's largest engineering company, will fit into Chief Executive Officer 's plans to focus operations on automation equipment, power networks and medical scanners. For Siemens it's not a core business. (Bloomberg -- Germany)
In a statewide survey conducted in early September for the American Council of Engineering Companies of Alaska, Dittman Research found that only 8 percent of the 408 people called knew a transportation bond would be on the ballot. Once people heard some basic details, however, almost half said they'd likely vote yes, Dittman found. (Anchorage Daily News)
Siemens AG, Europes largest engineering company, climbed 2. 1 percent. (Bloomberg -- Europe)
We at the American Council of Engineering Companies of Alaska and the Associated General Contractors agree with those Alaskans ... Stafford Glashan is President, American Council of Engineering Companies of Alaska. (Anchorage Daily News)
This study was commissioned by LCC, the worlds largest independent wireless engineering company. It looked at independent mobile broadband testing across the UK, between March and May 2008. (The Telecom)
- Electrical distribution and engineering company Jo-Kell Inc. has named Adrian Marchi* as chief operating officer. - Golder Construction Services Inc. (GCS) has added Royce Keul* as a construction technician. (Florida Times-Union)
Siemens, Europe's largest engineering company, in July said it plans to cut 16,750 jobs to meet 's goal of eliminating 1. 2 billion euros in costs by 2010 as part of an effort to raise profitability to levels similar to General Electric Co. and ABB Ltd. The company this year consolidated its nine operating divisions into three units. (Bloomberg -- Japan)
The Houston engineering company reported net income of $85 million, or 51 cents per share, on revenue of $3 billion, for the three months ended Sept. 30, 2008. That compared with net income of $63 million, or 37 cents per share, on revenue of $2. (Houston Business Journal, TX)
Important factors that could cause actual results to differ from these forward-looking statements include the potential that debt or equity financing for anticipated plants or related natural gas liquids or oil and gas projects may not be available, the schedule for development, construction and operation of proposed plants may not be met, anticipated appropriation and expenditure of federal monies does not occur, commercial-scale plants do not achieve the same results as those demonstrated on a... (Primezone Releases)
Oct. 31 (Bloomberg) -- , the German engineering company whose machines milk a third of the world's dairy cows, reported a wider-than-estimated loss on costs to close a zinc unit. The net loss in the third quarter was 44. (Bloomberg -- Germany)
(G1A GY): The engineering company whose pumps help make half the world's beer is scheduled to release third- quarter results. GEA may post a 16. (Bloomberg -- Germany)
The Houston-based engineering company (NYSE: KBR) will work on the Abu Dhabi company s front-end engineering and design. Reader Comments. (Houston Business Journal, TX)
However, the engineering company dramatically revised the estimate down to 1. 1 million dollars, in a worst-case scenario, after they admitted to making certain assumptions, which resulted in an extremely high estimate. (Boxford Tri Town Transcript, MA)
He said if Mr Hoyland, who works for engineering company SB Components, was stranded on a smaller island, it could take a while for him to be found. He could have run into heavy waves, Mr Oddy added. (BBC News -- Asia-Pacific)
Commission members Dave Cihasky and Tom Hubbard abstained from voting, because they work for engineering companies with ties to the project. Obviously, they don t listen to any of the folks around (the plant), said Popple, a former administrator in the Chippewa Falls and Eau Claire school districts. (Chippewa Falls Chippewa Herald, WI)
Bruce said the group's construction and engineering companies were in a strong position to weather the cyclical impact of worsening conditions in global financial and investment markets, including a significant weakening in the exchange value of the rand. He said the pipeline of potential additional work the group had in its system amounted to a further R100 billion. (Business Report, South Africa)
Following this success, MST and ISATEC, a German engineering company dealing with light materials, continued to work on improving the prosthesis. In a series of investigations undertaken by MST, including a number of advanced calculations on the dynamic performance of the materials done by ISATEC, a single-part foot module made in carbon fibre reinforced plastics proved to be the most promising solution for a sprint prosthesis. (Science Daily)
The green committee at Omicron, an architecture and engineering company in Vancouver, switched printer settings so that everything would automatically print double-sided - a move intended to cut paper usage by half. But a miscommunication with the accounting department ended up causing more waste and initially ruffled a lot of feathers. (Globe and Mail)
URS group plans to award BSU researchers $150,000 BOISE, Idaho - A division of the construction and engineering company URS Corp. is giving Boise State University researchers $150,000 to find ways to better monitor contaminants in air, water and soil. The URS Washington Division plans to award professors Molly Gribb and Dale Russell the research grant Wednesday. (Burley South Idaho Press, ID)
Australia's largest engineering company, WorleyParsons Ltd, expects a positive outlook and robust growth from its hydrocarbon business this fiscal year despite the global market crisis. WorleyParsons chairman Ron McNeilly the company had made a "solid start" to the 2009 financial year and expected to achieve good first half growth. (The Age)
Swiss prosecutors are investigating suspicious payments totaling more than 500 million Swiss francs ($430 million) as part of a corruption and money laundering probe linked to the French engineering company Alstom SA, according to court documents released Tuesday. Prosecutors allege that Alstom funneled bribes worth 70 million francs ($60 million) a year through its Swiss subsidiary, hiding the payments as "consultancy fees," the documents released by the Federal Criminal Court said. (International Herald Tribune -- Arts)
A certificate to furnish water to the mains for the Newton County Regional Water and Sewer Board was sent to the town from American StructurePoint, an engineering company working with the county on water projects. Council President Jeff Laffoon stated they had asked to examine the plans for the water but have seen nothing. (Kentland Newton County Enterprise, IN)
Much of his monetary support comes from fellow architects and construction, real estate, property management and engineering companies. A few Delta College employees donated to his campaign, too. (Lodi News Sentinel, CA)
Cars and aircraft engineering company GKN said it would cut more than 5 percent of its staff and close plants as turbulence in the automotive sector deepens. The company also said it expects pretax profits for the fourth quarter to be materially below its mid-year guidance and its shares fell 17 percent to 97. (International Herald Tribune -- Technology)
The Houston engineering company will be working on the Centcome multiple award task order contract. KBR (NYSE: KBR) expects to begin work on the contract immediately. (Houston Business Journal, TX)
WestLB AG downgraded Europe's largest engineering company to ``hold'' from ``add,'' saying power and industrial markets may be undergoing a rapid swing away from boom times. The following stocks also rose or fell in German markets. (Bloomberg -- Germany)
The company, a former division of Tokyo-based fluid machinery and environmental engineering company Ebara Corp., occupies about 65,000 square feet at the Rostraver Airport Industrial Park and has made plans to lease two additional 30,000-square-foot buildings there. The company purchased 2. (Pittsburgh Business Times, PA)
Online Edition Powered By IOL. Johannesburg - RB Engineering Services (RBES), an East Rand-based hydraulics design and manufacturing company, has been named the hydraulics partner for a property development of US business mogul Donald Trump. (Business Report, South Africa)
Choate said last month that two forensic engineering companies it hired concluded the garage was laden with design flaws, but none of them were the contractor's fault. Roberts was asked to resign in July 2007, five months before the collapse, and the Atlanta-based company described him as "hostile." Choate and Roberts are suing each other in Lake County, according to court records. (Florida Times-Union)
Stearns & Wheeler, a New York engineering company, has pitched the idea of Bourne constructing a $65 million co-composting facility that could break down 90 percent of the trash taken in and produce a salable recyclable product. Finance committee member Harold DeWaltoff Jr., however, urges caution. (Upper Cape Codder, MA)
The city's third party engineering company, Brown and Associates, has been handling the project and working with engineers hired by the plaza owners. Nichols said they receive monthly reports on the project as it moves forward. (Benson San Pedro Valley News Sun, AZ)
Also, a representative from DMRC and the contractor is present at the site to oversee the process,'' said a senior official from Navayuga Engineering Company, which handles several DMRC projects. He added that quality and safety are never compromised. (Times of India)
There has been interest from service companies, engineering companies and others. "I think (light rail) is going to be a huge impact," said Irgens Senior Vice President Michael O'Connor. (AZCentral -- News)
Wang, 48, who worked for a Beijing construction and engineering company, was tried separately last week. Her sentence is pending. (Honolulu Advertiser)
Elecon Engineering Company has bagged an order valued at Rs 17. 75 crore from Techpro Systems Ltd, Chennai, for design, engineering, manufacturing, testing, supplying, fractioning and commissioning of material handling equipments and other equipments. (India Times)
MUMBAI: The countrys largest engineering company Larsen o (Lounced somewhat less-than-expected growth in profit at 32% for the September quarter due to fresh investments in new businesses. The companys net profit during the quarter went up to Rs 460. (Economic Times)
Federal prosecutors say the couple conspi 00002021 red to embezzle the money from X-Ray Engineering Company of Virginia, where 41-year-old Patricia Cheek was employed. She was in charge of purchasing supplies and equipment, maintaining the accounts payable, and managing the financial account records for the company. (WTVR.com, VA)
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