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EBJ News May 17, 2018: Top Engineering Design Firms

Top Engineering Design Firms

 

 

TRC climbs to No. 19 in ENR’s annual list
TRC Companies Inc. (Lowell, Mass.), a leader in engineering, environmental consulting and construction management services, is now ranked No. 19 in Engineering News-Record’s annual list of the Top 500 design firms in the United States, cracking the Top 20 for the first time. “Moving up four spots from last year is recognition of the hard work we’ve done to deliver on our aggressive growth strategy and shows the confidence that’s been placed in us by our robust, varied client base,” said TRC CEO Chris Vincze. ENR’s 2018 rankings are based on revenue from design services performed in 2017. In addition to moving up in the overall rankings, TRC climbed in the Power sector (No. 7) and Hazardous Waste sector (No. 8). TRC went private in 2017 after being purchased by New Mountain Capital.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

 

Golder to acquire Texas-based Pastor, Behling & Wheeler
Golder (Palm Beach, Fla.), a global engineering and consulting company, is to acquire Pastor, Behling & Wheeler LLC (PBW), a Texas-based environmental engineering and consulting firm. Headquartered in Round Rock, Texas, with five offices throughout the state, PBW’s core services include site investigation, remediation, and closure; environmental compliance and permitting support; and environmental engineering design. “This acquisition is aligned with our strategy to expand our geographic footprint and resources in key markets in the U.S. and is highly complementary to our existing resources in Texas,” said Dr. Hisham Mahmoud, Golder’s Global President and CEO. Employee-owned Golder has 165 offices in 40 countries.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

 

Jacobs Engineering announces second quarter of fiscal 2018
Jacobs Engineering Group Inc. (Dallas) announced adjusted net earnings of $143.9 million, up 51% year-over-year, for the second fiscal quarter ended March 30, 2018. Revenue grew 16% to $3.9 billion over last year’s pro forma revenue for Jacobs and CH2M combined. Jacobs completed the acquisition of CH2M in December 2017. CEO Steve Demetriou cited positive trends across Jacobs’ three lines of business, with the combined Aerospace, Technology, Environmental, and Nuclear (ATEN) business line “making additional inroads into the government services market while maintaining solid profitability.” For the second fiscal quarter 2018 the ATEN segment reported revenues of $1.11 billion from external customers, and segment operating profit of $61.34 million, compared to revenues of $602 million and segment operating profit of $44.34 million for the second quarter 2017. The company says it is on plan to achieve the cost synergies from the CH2M acquisition and remains committed to the run-rate of $150 million of net cost synergies by the end of fiscal 2019.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

 

Ardurra-King acquires E Co Consultants
Ardurra-King Engineering (Tampa, Fla.) has acquired E Co Consultants Inc., a Florida-based environmental consulting firm specializing in ecological services associated with land development and growth-related issues. Their expertise includes Local, State and Federal environmental permitting, utility permitting, existing condition site assessments, wetland delineation, ecosystem management and wildlife services. Ardurra-King’s Land Development Group Leader Mike Ross, said: “E Co’s scientists and regulatory experts further expand our offerings with a broader base of environmental professionals and experience to support continued project excellence.” Ardurra-King is an Engineering News-Record Top 500 firm that operates as a portfolio company of RTC Partners, LLC.

 

Stantec secures $5.8 million in brownfield federal funding
Stantec (Edmonton, Canada) announced that it has secured more than 10% of $5.8 million in brownfield federal funding from the Environmental Protection Agency’s (EPA) Assessment, Revolving Loan Fund, and Cleanup Grants. Stantec worked with 16 cities, counties, and regional organizations across the U.S. to secure the funds, which will be used to assess, clean up, and redevelop underutilized properties while protecting public health and the environment. “I am incredibly proud of the team who successfully secured funding for our clients from coast to coast,” said Dave Rautmann, practice leader for Stantec’s environmental services group in Wisconsin.

 

Black & Veatch EPC advances microgrid solutions to meet California energy storage goals
Black & Veatch (Overland Park, Kansas) has completed 20 first-of-a-kind Hybrid Electric Buildings in Irvine, Calif., part of the company’s efforts in support of Advanced Microgrid Solutions’ (AMS, Irvine, Calif.) commitment to provide Southern California Edison with 50 megawatts of behind-the-meter battery storage capacity. Black & Veatch and AMS are deploying battery storage systems that will reduce peak energy consumption from local utilities. AMS and Black & Veatch have 10MW of power, supplying over 60MWh of battery, currently in the design and permitting phase. “The Hybrid Electric Building represents a new class of resource for balancing the grid and our commitment to meeting higher demands for efficient energy,” said Susan Kennedy, CEO of AMS. “Working with a trusted EPC partner like Black & Veatch allows us to integrate more renewable resources on the grid.” AMS is an energy platform and services company.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

ICF reports strong results in commercial energy and international government markets
ICF (Fairfax, Va.) reported revenue of $302.8 million for the first quarter ended March 31, 2018, up 2.2% from the first quarter of 2017; net income was $12.4 million in the first quarter, up 22%. “Revenue growth reflected higher year-on-year demand from both our government and commercial client sets, led by strong results from the commercial energy and international government markets and positive year-on-year growth in commercial marketing services,” said Sudhakar Kesavan, ICF’s chairman and CEO. Revenue from government clients was $194.3 million, up 1.8% year-on-year. Key government contracts included a re-compete contract with a state transportation department in the western U.S. to support development of environmental policies; two contract amendments with a western U.S. water authority for water quality control services; environmental and planning services for a transit authority; biological monitoring for a regional water authority; and additional support to FEMA related to Hurricanes Harvey and Irma. Commercial revenue was $108.4 million for the first quarter 2018, up 2.9% from the prior year’s quarter. Highlights included multiple contracts to support energy efficiency programs for residential, commercial, and utility clients.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

 

Willdan acquires energy-engineering firm
Willdan Group Inc. (Anaheim, Calif.) has acquired Newcomb Anderson McCormick Inc. (NAM), an energy-engineering and consulting company specializing in energy efficiency and clean generation, with offices in San Francisco and Los Angeles. Willdan expects NAM to add approximately $7 million in annual revenues. Throughout its 13-year history, NAM has developed energy efficiency projects, distributed resources, and strategic energy plans and programs primarily for municipal and higher education customers. Key clients include Pacific Gas & Electric Company, Southern California Edison, and the City of San Francisco. NAM has also managed energy efficiency partnership programs for 33 university campuses, 72 community college districts, and 34 state correctional facilities. “NAM significantly strengthens Willdan’s engineering expertise in California,” said Tom Brisbin, Willdan’s chairman and CEO. “Their experience in renewable energy and sustainability planning adds valuable insight into addressing the challenges ahead.”

 

Tetra Tech reports strong second quarter and record half-year results
Tetra Tech (Pasadena, Calif.) reported a strong second quarter and record first half of the year results. Revenue in the second quarter ended April 1, 2018 was $700 million, up 5% over the prior year period; net revenue was $533 million, up 4%. “Our broad-based growth has been led by work for U.S. state and local clients, which has increased organically at a double-digit rate for seven consecutive quarters, including 30% growth in the second quarter,” said Tetra Tech’s Chairman and CEO, Dan Batrack. Tetra Tech’s U.S. state and local government revenue, net of subcontractor costs, increased $26.6 million and $14.8 million, respectively, in the second quarter. To a lesser extent, U.S. federal business also improved, primarily due to an increase in environmental work for the DOD. Revenue for the six-month period ended April 1, 2018 was $1.5 billion and net revenue was $1.1 billion, up 10% and 8%, respectively, compared to the same period in fiscal 2017. The recent acquisitions of Glumac and NDY contributed revenue of $44.7 million in the first half of fiscal 2018. Excluding this contribution, revenue increased 6.2%. “With the recent 2018 U.S. Federal spending bill in place, we have more visibility for the remainder of 2018,” said Batrack, noting that the company is increasing its guidance for both EPS and net revenue for fiscal 2018.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.

 

DOD awards $240 million environmental remediation contract
AGVIQ LLC, CAPE-ER JV LLC, EA-Amec Foster Wheeler-1 JV, and Sevenson Environmental Services Inc. are each being awarded an indefinite-delivery/indefinite-quantity, cost-plus-award-fee multiple award contract for environmental remediation services for projects in the Naval Facilities Engineering Command (NAVFAC) Atlantic area. The estimated dollar value, including the base period and four option years, for all four contracts combined is $240 million. The three largest of several NAVFAC Atlantic areas identified for the contract are Florida (20%), Texas (20%), and Washington (15%). The contract has an expected completion date of May 2023.

 

Stantec wins framework contract for EuropeAid projects
Stantec (Edmonton, Canada) announced it would be a key provider of top tier technical assistance on international development projects under a new framework contract with EuropeAid, the European Commission’s directorate general for international cooperation and development. EuropeAid implements international development projects through Framework Contracts (FWC). Stantec secured a role in two segments of the FWCs: as leader of one of the consortia selected for Lot 1, “Sustainable management of natural resources and resilience,” with sub projects worth up to €125 million. In addition, as a consortium member, Stantec will be active in Lot 2, “Infrastructure, sustainable growth and jobs,” with projects spanning the water and energy transport infrastructure markets, potentially totaling €155 million. These designations place Stantec on the shortlist for all projects in each of the lots. Stantec has been providing similar professional services for EuropeAid over the past 20 years.

For more information on top engineering design firms within the environmental industry, visit our Environmental Industry Overview Report page.