It's on us. Share your news here.
It's on us. Share your news here.
The company purchased all of the outstanding shares of common stock of OSG not already owned by Saltchuk for a purchase price of $8.50 per share in cash, an enterprise value of approximately $950 million. The transaction closed on 10 July and OSG is now a wholly owned subsidiary of Saltchuk. OSG joins Saltchuk as… Read More
New Orleans, Louisiana. Laborde Marine Management, LLC, (“Laborde Marine”) announced today the creation of a new affiliate, LabMar Inland, LLC (the “Company”) that will focus on the U.S. inland marine market, providing towing and pushboat services. The initial vessel to be placed in service will be the Ivy Steiner, a new 2,000-horsepower pushboat. The Company intends… Read More
The Walla Walla District of the U.S. Army Corps of Engineers (USACE) held a change of command ceremony where Lt. Col. ShaiLin KingSlack relinquished command to Lt. Col. Katie Werback at the Marcus Whitman Hotel in Walla Walla, July 12. The ceremony marked the second female commander in the district’s history, with KingSlack, a 2004… Read More
DETROIT — Lt. Col. Wallace W. Bandeff assumed command of the U.S. Army Corps of Engineers (USACE), Detroit District from Lt. Col. Brett Boyle during a Change of Command ceremony at The War Memorial in Grosse Pointe Farms, Michigan, July 16. Maj. Gen. Mark Quander, USACE Great Lakes and Ohio River Division commander, presided over… Read More
Crowley, through the achievements of the crews of 67 company-owned or -managed vessels, has again been honored for its safe operations with Jones F. Devlin Awards by the Chamber of Shipping of America. The Jones F. Devlin Safety Award recognizes the skills and dedication of people and companies achieving high levels of safe vessel operations… Read More
Heidelberg Materials North America announced today that it has entered into a definitive purchase agreement to acquire Highway Materials, Inc., one of the largest independent aggregates and asphalt producers in the Greater Philadelphia market. Included with this acquisition are four crushed stone quarries, nine hot-mix asphalt plants, two clean fill operations, a concrete recycling facility,… Read More
The U.S. Army has picked Maj. Gen William H. “Butch” Graham Jr. to be its next Chief of Engineers and commanding general of the Corps of Engineers. Graham currently is deputy chief of engineers and commanding general for civil works and emergency operations. Graham’s bio follows – https://www.usace.army.mil/About/Leadership/Bio-Article-View/Article/2350870/major-general-william-butch-h-graham/
Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Element Engineering LLC (“Element”), a civil, water and wastewater engineering services firm based in Lakewood, Colorado. Element serves rural communities and… Read More
Great Lakes Dredge & Dock (NASDAQ:GLDD – Get Free Report) and Ferrovial (NASDAQ:FER – Get Free Report) are both construction companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, dividends, valuation and earnings. Earnings and Valuation This table compares Great Lakes Dredge &… Read More
Lt. Col. Adrian Biggerstaff became the 74th commander of the U.S. Army Corps of Engineers, Honolulu District, during a change of command ceremony July 10, at the Battleship Missouri Memorial in Pearl Harbor, Hawaii. Brig. Gen. Joseph C. “Clete” Goetz, commander of the U.S. Army Corps of Engineers, Pacific Ocean Division, presided over the ceremony… Read More
WALLA WALLA, Wash. — Lt. Col. ShaiLin Kingslack relinquished command of the U.S. Army Corps of Engineers, Walla Walla District, to Lt. Col. Kathryn (Katie) Werback, during a change of command ceremony held in Walla Walla, Washington, today. Col. Jeffery D. Hall, deputy commander of the USACE Northwestern Division, officiated on behalf of Brig. Gen…. Read More
By Heiko Osterchrist-Associate Publisher Trimble is a global, industrial technology company who supports the building & construction, marine, agriculture, natural resources, utilities, transportation, and many other sectors. DW: Jonathan tell our readers a little bit about your background and how you came to be at Trimble. JW: I got involved in the LiDAR (Light Detection… Read More
We are truly excited to announce that our George T. Strawn, known to everyone as Bubba, was awarded the Dredger on Deck Award at the recent 2024 Weda Dredging Summit & Expo. Congratulations Bubba on receiving this well-deserved and prestigious award! We are all very proud of you and appreciate all you have done for… Read More
John Deere is expected to soon lay off hundreds of employees across the U.S. The farm-equipment company said it will let go about 600 employees across three U.S. factories by the end of August. The decision is Deere’s latest in a string of production layoffs over the past year. It also comes as the company… Read More
Hagadone Marine Group is pleased to announce the acquisition of Murphy Marine Construction Inc. assets on Lake Coeur d’Alene. This acquisition represents a significant expansion of Hagadone Marine Group’s capabilities, allowing for enhanced marine services and internal project completion. The newly acquired assets adjacent to Blackwell Island Marina include 145 new wet slips, increasing Hagadone… Read More