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December 21, 2012
07:18 EDTFLR, GVA, JEC, URS, ACMTransportation bill improves engineering, construction stocks, Bloomberg reports
Shares of companies such as Granite Construction (GVA) and Aecom Technology (ACM) have outperformed the broader market since June as a $105 transportation bill is boosting the industry, reports Bloomberg.Reference Link
News For GVA;ACM;JEC;FLR;URS From The Last 14 Days
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March 24, 2015
07:47 EDTJECJacobs Engineering awarded contract for Network Rail link to Heathrow
Jacobs Engineering Group announced that it was awarded a contract by Network Rail to support its proposed new rail link from the west of England to London Heathrow airport, United Kingdom. The proposed Western Rail Access to Heathrow includes a new direct, double track link between the Great Western main line at Langley in Berkshire into Terminal 5 at Heathrow airport. Company officials did not disclose the contract value, but noted that the work is being executed over the next 12 months from Jacobsí offices in the UK. Under the terms of the contract, Jacobs is producing a design for Network Railís Development Consent Order, which is expected to be submitted in early 2016. Jacobsí scope of work includes topographical surveys and geotechnical investigations, tunneling design for the new 3.1 mile route, and railway systems designs for track and overhead line equipment. Network Railís Signaling Design Group is producing the signaling design for system integration by Jacobs as lead designer. Jacobs is also providing environmental surveys and impact assessment to inform optimization of the tunnel route and location and design of surface structures. Jacobs delivered pre-feasibility and feasibility studies in the early planning stage of the project which identified significant potential cost savings. Currently in public consultation, if the Western Rail Access plans are approved, it is expected that the new service would be in operation by 2021.
March 23, 2015
18:03 EDTFLRFluor awarded engineering contract for new Chinese polysilicon plant
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March 20, 2015
10:07 EDTACMHigh option volume stocks
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March 19, 2015
08:38 EDTGVAGranite Construction says financial close achieved in $899M project
Granite Construction announced that Financial Close has been achieved on the $899M Pennsylvania Rapid Bridge Replacement Project, the first public-private partnership to bundle multiple bridges in a single procurement in the U.S. Granite anticipates booking its 40% share of the contract into backlog in 1Q15. Plenary Group is the project sponsor, financial arranger and primary investor for the Plenary Walsh Keystone Partners consortium, which has been contracted by the Pennsylvania Department of Transportation to deliver the project. The Plenary Walsh Keystone Partners consortium includes The Walsh Group, Granite Construction Company and HDR. Construction is expected to begin in May 2015, with a projected completion date of December 2017.
March 18, 2015
07:02 EDTFLRFluor selected as contractor by State Oil Company of Azerbaijan
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