Building posted a report today that some large US firms the size of Jacobs, AECOM and CH2MHill maybe looking at acquiring firms in the UK. Many UK firms have established offices in Europe, Middle East and North Africa which makes their businesses more appealing as they have established company structures and trained personnel. They also have large infrastructure projects such as Crossrail and work in North Africa already on their books.
US Companies are seeing that the recession has abated in the US and Europe so its the most opportune time to acquire companies at low valuations and increase their personnel count and revenues across the world.
Read the article at Building for a list of targeted companies, analysis and interviews.
AECOM Technology Corporation (NYSE: ACM), a leading provider of
professional technical and management support services for government
and commercial clients around the world, announced today that it has won
key contracts worth US$60 million from the Hong Kong Special
Administrative Region to provide infrastructure design and construction
supervision consulting services for the landmark Kai Tak redevelopment
The aim of the effort is to transform the old Kai Tak Airport site into
a vibrant community supported by a variety of commercial, social and
recreational facilities. AECOM’s work will encompass urban design;
landscape, road, drainage and sewerage works; sewage pumping stations;
water supply systems; and dredging and treatment of contaminated
“We are proud to contribute our expertise to this landmark project,”
said John M. Dionisio, AECOM president and chief executive officer.
“This exciting project provides an excellent example of how AECOM is
able to leverage our global expertise and presence to serve our clients.”
Construction is scheduled to be implemented in phases during 2011. The
project’s public park is expected to be completed during 2012, while the
overall effort is scheduled to be completed during 2018.
Yesterday, NASA’s Ames Research Center held a ground breaking ceremony for its new ‘Sustainability Base’ – a high performance Platinum LEED Rated building in Moffett Field California. The building will feature near zero net energy consumption, use 90 percent less potable water than conventionally built buildings of equivalent size and reduce building maintenance costs.
To help achieve the building’s sustainability objectives, the company will install approximately 72 geothermal wells featuring ground-source heat pumps, and will provide parking and landscaping with California-native plants.