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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. 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] The transaction closed on October 31, 2014 [30] and ...
Former Parsons headquarters in Pasadena, California. Parsons was founded by Ralph M. Parsons in 1944. [2] Emerging at the end of World War II, Parsons' location in Los Angeles, proximity to organizations such as the Naval Air and Missile Test Center, Air Force Western Development Division (WDD) and Space and Missile Systems Organization (SAMSO), [8] and partnership with Aerojet Engineering, [9 ...
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]
In 2004, Worley acquired Parsons E&C. [5] Parsons E&C had its own history stemming back to 1944, when Ralph M. Parsons started what is now the Parsons Corporation in Los Angeles. In 2002, Parsons Corporation separated Parsons E&C from its other business units. Worley merged operations with Parsons E&C and commenced trading as WorleyParsons.
In September 2009, the company agreed to buy Parsons Brinckerhoff, a project management firm based in the United States, for $626 million. [27] [8] Balfour Beatty sold Parsons Brinckerhoff to WSP Global for $1.24bn in October 2014. [28] In October 2010, the company bought Halsall Group, a Canadian professional services firm, for £33 million. [29]
The board includes: the Los Angeles Department of Water and Power, Metropolitan Water District of Southern California, Southern California Edison, the Southern California Building Industry Association, Bank of America Merrill Lynch, WSP|Parsons Brinckerhoff, The Resources Legacy Fund, San Gabriel Mountains Forever, Los Angeles Bureau of ...
In 1991, Bechtel, in a joint venture with Parsons Brinckerhoff, broke ground on Boston's Central Artery/Tunnel Project or "Big Dig", a project the company had been in charge of since 1986. [30] [31] The Big Dig was, at the time, the largest and most complex urban transportation project ever undertaken in the US. The 20-year project was ...
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