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On October 31, 2014, Balfour Beatty sold Parsons Brinckerhoff to WSP Global. In 2017 Parsons Brinckerhoff changed its name to WSP USA. In 2017 Parsons Brinckerhoff changed its name to WSP USA. On September 3, 2014, it was announced that WSP Global had made an offer to purchase Parsons Brinckerhoff from Balfour Beatty plc for US$1.24 billion. [ 29 ]
Balfour Beatty Infrastructure, Inc. is a heavy civil contractor operating in the United States. Established in North America in 1990, the company constructs highways, bridges (over land and water), tunnels, wastewater and potable water treatment plants. Its parent company is Balfour Beatty plc.
The company is re-branded as Balfour Beatty Construction. [3] Balfour Beatty Construction has embarked on a series of acquisitions including Charter Builders in 2006, R.T. Dooley [19] and SpawMaxwell in 2009, [20] Barnhart and Charter Builders in 2010, [21] and most recently in June 2011, Howard S. Wright. [22]
The U.S. Justice Department said it resolved probes into Balfour Beatty Communities, one of the U.S. military's largest private landlords, after it pleaded guilty on Wednesday to one count of ...
In 1986, Balfour Beatty began to move away from its traditional area of expertise when it formed Balfour Beatty Homes, building on a modest scale from its office in Nottingham. [8] It also opened offices in Paisley and Leatherhead , and in 1987, it bought the Derbyshire firm of David M Adams to give it an annualised production rate of up to 700 ...
In October 2014, WSP completed the purchase of New York-headquartered professional services firm Parsons Brinckerhoff from Balfour Beatty for US$1.24 billion. [10] The company has a network of approximately 170 offices and nearly 13,500 employees on five continents [ 11 ] and became a wholly owned independent subsidiary. [ 12 ]
The company was founded by Peter Birse as the Birse Group in Doncaster in 1970. [1] It was floated on the stock market during 1989; [2] one of the results of which being that the German civil engineering company Bilfinger Berger acquired a 15% shareholding in the firm. [3]
Contractor Balfour Beatty contacted its suppliers to ascertain the impact of ISG's failure, potentially so it could speed up payments. [99] The 1,200-member National Federation of Roofing Contractors calling on the government to increase penalties for late payment; numerous NFRC members experienced heavy losses when ISG collapsed. [100]