Report 4800: Climate Change Adaptation

Adaptation will grow to a $1bil. industry in the U.S. by 2015, followed by exponential growth once design & construction of adaptation measures begin - $995

Report 3000: Global Environmental Market

Regional analysis & projections covering countries in N. America, Latin America, Europe, Russia, Asia, Middle East, Japan, Australia/NZ, and Africa - $1,995

Verdantix: EHS IT implementation market to reach $817 million

The global market for management and information technology (IT) consulting services related to environmental, health, and safety (EH&S) information management, including the implementation of EHS software packages at user facilities, will grow from $475 million in 2015 to $817 million in 2020, according to a new report from EH&S and sustainability market research firm Verdantix (New York, NY). This 11% growth rate will benefit leading “implementation” companies such as AECOM, CH2M, Deloitte, ERM, IBM Global Business Services, and Wipro Technologies, as well as software providers like Credit360 and SAP, which implement their own EHS software products, the report notes. “The consulting market for EH&S information management is set to rebound in a big way as financial investors pour cash into EH&S software vendors enabling them to bring more comprehensive EH&S applications to market” commented Verdantix CEO, David Metcalfe. “The rise of broader EH&S software platforms will create new opportunities for consultants to customize workflows, integrate with other IT systems, and apply business intelligence tools to uncover hidden value in EH&S data sets. The broader and more complex the software, the more customers need help on process design, implementation and integration.”

Last Updated on Tuesday, 26 May 2015

TMC and ENPRO to merge

TMC Environmental (Franklin, MA), which does business as TMS Services, Inc., and ENPRO Services, Inc. (Salisbury, MA) and its affiliates have signed a definitive agreement to merge their operations in a stock transaction valued at approximately $20 million. The two companies, which will operate under the name ENPRO Holdings Group, Inc., provide environmental and industrial services in the northeastern United States and in Florida. “This is a well-thought-out merger that promises to bring great opportunity to our employees and increased service offerings to our clients,” said Matthew Clark EHGI’s president and CEO. “As the integration of our teams and resources gain momentum, we intend to solidify our operations north of Boston while adding increased presence and resources to our locations in New York, New Jersey and southward.”

Last Updated on Tuesday, 26 May 2015

WSP/Parsons Brinckerhoff wins U.K. nuclear waste contract

WSP/Parsons Brinckerhoff (Montreal, Quebec) has received a contract from Radioactive Waste Management Ltd. (RWM) and the Nuclear Decommissioning Authority (NDA) in the United Kingdom to provide support services in connection with the development of the nation’s first geological disposal facility for nuclear waste storage. Under the contract, which has a period of four years, WSP/Parsons Brinckerhoff will provide design, assessment, and characterization services as part of RWM’s effort to find a suitable geologic repository for nuclear over the next 15 to 20 years. WSP/Parsons Brinckerhoff will undertake the project through its involvement with the Orchid Group, which was formed in 2005 to support RWM’s technical needs. Other members of the Orchid Group include Nuvia, Gardiner & Theobald, the National Nuclear Laboratory, Galson Sciences, and the British Geological Survey.

Last Updated on Tuesday, 26 May 2015

NV5 prices public offering at $19.50 per share

Consulting and engineering firm NV5 Holdings, Inc. (Hollywood, FL) has priced a public offering of 1.43 million shares of common stock at $19.50 per share. Roth Capital Partners is acting as the sole book-running manager for the offering, while National Securities Corp. is acting as co-manager. NV5 said that it will use the net proceeds of about $25.4 million from the offering for general corporate purposes, which could include financing for acquisitions. The company has engaged in an aggressive acquisition campaign over the past few years, acquiring four companies in 2013 and another four firms in 2014. Thus far this year, NV5 has acquired two firms—Joslin, Lesser & Associates, Inc. (Watertown, MA), a program management and owner’s representative consultancy that primarily serves government-owned facilities and public K-through-12 school districts in the Boston area, and Richard J. Mendoza, Inc. (San Francisco, CA), a program management firm that operates under the name Mendoza & Associates.

Last Updated on Tuesday, 26 May 2015

Scrap recycling industry generates $105 billion annually

The business of recovering scrap metals and materials accounts for nearly half a million jobs in the United States and generates more than $105 billion annually in economic activity, according to a new Economic Impact Study released by the Institute of Scrap Recycling Industries (ISRI). Prepared for ISRI by the consulting firm John Dunham and Associates (New York, NY), the report finds that the recycling industry is responsible for 471,587 direct and indirect jobs in the United States, including 149,010 direct jobs that pay an average of $77,153 per person in wages and benefits. The industry accounts for about 0.68 of the nation’s total economic activity, making it similar in size to the U.S. data processing and hosting, dental, and automotive repair industries. “As the first link in the manufacturing chain and as a major exporter, the scrap recycling industry is a leading indicator to the overall health of the U.S. economy,” said ISRI President Robin Wiener in issuing the report. “While the last several months have been difficult for commodities, this study suggests hope for a rebound.”

Last Updated on Tuesday, 26 May 2015

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