Willbros Group awarded two transmission construction projects in Texas Willbros Group announced that two units of its Utility T&D segment have been awarded transmission construction projects in Texas. Willbros T&D was awarded a contract by New Braunfels Utilities to remove 3.1 miles of existing line and install approximately 3.8 miles of new line. The project is scheduled to begin in February and will be completed by the end of May. Additionally, Xcel Energy Services awarded Chapman Construction, a division of Willbros, the first 104 miles of a 200 mile single circuit 345-kilovolt transmission line project in the Texas Panhandle. Construction on the project is scheduled to commence towards the end of Q2 with wire installation in 2H13.
Willbros Group to vote for proposal to de-stagger Willbros Group board Lawndale Capital Management and its affiliated activist funds announced its intent to vote "FOR" a shareholder proposal calling for Willbros' board members to be elected annually instead of its present practice of its board members serving staggered 3-year terms. The shareholder proposal will be voted on by Willbros' shareholders at the Company's Annual Meeting scheduled for the morning of June 9, 2015 in Houston.