FCPA Report Shows Companies Shelling Out to Avoid Nasty Prosecution Nov 5, 2009
In the past year, the U.S. government levied record penalties of $800 million against , the Munich-based engineering company; and $579 million against Halliburton/KBR. The previous record was a measly $44 million in 2007. The report also predicts that the government will continue to emphasize going after individuals. (Law.com)
CDC receives loan to clean Building 20 Nov 4, 2009
The agreement indicates Giant Snacks would work with Braun Intertec, a third party environmental engineering company hired by the CDC, to return the building to a satisfactory condition to the landlord and tenant. And although Giant Snacks hired its own contractor, Service Master, to clean the facility, a report issued by Braun Intertec indicated sodium chloride in dust throughout the production area was still present. (Wahpeton Daily News, ND)
Google best work place Nov 3, 2009
According to the surveys compiled by global employer branding firm Universum, Google has been ranked at the top spot in the list of top 50 global businesses and engineering companies. About Google, the surveys said, "Google's number one position is no surprise. Due to its remarkable brand image, students worldwide see it as a company they would like to work for.". (India Times)
A not-so-rotten idea Nov 3, 2009
Built by German engineering company the Linde Group, the project strips impurities from the gas, chills it to 260 degrees below zero and turns it into a liquid. Specially equipped garbage trucks burn it as fuel. (San Francisco Chronicle -- Technology)
Valley workers feel pain of costlier coverage Nov 3, 2009
The engineering company covers the full cost of the premium for employee health-care insurance, she said, but the employee shares the cost of coverage for dependents. Hensen said she looked at ways to reduce the premium, but couldn't do so without "gutting the plan.". (Fresno Bee -- Local)
A doctorate in BEE? Nov 1, 2009
Metropolitan Group won the award for employment equity while engineering company Fluor won in the category of skills development. IT professional services provider Arivia. (iAfrica.com)
Debt Collector Under Investigation Oct 31, 2009
We're talking about small businesses, engineering companies, framers and gravel suppliers all across the country, who say Guignard and his debt collection company Morgenthal, Meyers and Sterns, based in Katy, owe them thousands of dollars. "They contacted us," said Troy Burrell. (Click2Houston, TX)
Syntroleum Announces Third Quarter 2009 Financial Results Oct 31, 2009
Important factors that could cause actual results to differ from these forward-looking statements include the potential that debt or equity financing for anticipated plants may not be available, the schedule for development, construction and operation of proposed plants may not be met, anticipated appropriation and expenditure of federal monies does not occur, commercial-scale plants do not achieve the same results as those demonstrated on a laboratory or pilot basis or that such plants... (Primezone Releases)
DAX Index Declines Most Since July; Siemens, Allianz Shares Lead Retreat Oct 31, 2009
Europes largest engineering company, retreated 4. 7 percent, leading a decline in industrial stocks. (Bloomberg -- Germany)
Profit warning hammers Crane Oct 31, 2009
SHARES in Crane Group were pummelled after the building and engineering company issued a profit warning and said it saw no improvement in trading conditions until late next year. Crane shares fell 11. (Sydney Morning Herald -- Business)
Idaho Falls Projects Biggest Stimulus Winners Oct 31, 2009
Engineering companies CH2M Hill and URS Corp., partners in a venture that's removing waste from the laboratory site, received just over $412 million. Friday's federal report indicates 2,103 Idaho jobs were created or saved by the spending, so far. (ABC News -- Wire)
Local program turns stimulus funds into jobs Oct 31, 2009
In September, Kirby became an office assistant at Victory Engineers Inc., a civil engineering company in Fresno where President Jonathan Reid is thrilled to have her and fellow 80/20 participant Angela Parks. Reid said he was able to hire the two eager young workers when the recession has forced him to watch his pennies. (Fresno Bee -- Business)
Heritage Village GOP Club Hosts DiscordantMeeting of Southbury Candidates Oct 31, 2009
Robert Barnes, who was described later in the meeting, as Mr. Korsu's campaign manager, passed out a copy of an unsigned, undated memo from John Turk to a staff member in the first selectman's office, requesting her to forward a copy of the Southbury Corporate Park RFP to Charles Spath, owner of the Stuart Somers engineering company, and to Dymar, which is owned by Mark Lancor, suggesting an insider tip-off. Attached to this sheet was a report dated February 9, 2007 from the state Department of... (Voices, CT)
Engineering firm ForeRunner acquired by URS Oct 28, 2009
has acquired , a Lakewood-based engineering company, both companies announced Monday. Financial terms weren't disclosed. (Denver Business Journal, CO)
* Auction of Agora Garden hotel attracts only one buyer Oct 27, 2009
The engineering company said price negotiations were still under way and would require final approval from its board of directors and shareholders. The Core Pacific Group (), which owns both the hotel and BES Engineering, told local media a day earlier that BES had made an offer higher than the floor price of NT$15 billion (US$463. (Taipei Times, Taiwan -- World)
WorleyParsons Shares Drop as Company Says Dollar's Gain Will Cut Profit Oct 27, 2009
Oct. 27 (Bloomberg) -- , Australias biggest engineering company, fell the most in more than eight months after saying it expects a drop in full-year profit if the Australian dollars rally continues. WorleyParsons shares fell 8 percent to close at A$26. (Bloomberg -- Australia & New Zealand)
Shanghai did itself a dishonor Oct 27, 2009
Under the instruction of his employer, an engineering company in Shanghai, Sun drove a van to pick up a company customer who just arrived in the Pudong New Zone on October 14. It was late and there was few cars on the street. (People's Daily Online, China)
BASF, Siemens, Centrotec, VW, Kontron, BMW, Merck, Wacker: Equity Preview Oct 26, 2009
(SIE GY): Europes biggest engineering company plans to cut an unspecified number of jobs because of the economic crisis, Welt am Sonntag reported today, citing Chief Executive Officer. The report was confirmed by Siemens spokesman in an interview. (Bloomberg -- Germany)
L&T net up 26% on engg biz growth Oct 23, 2009
Indias largest engineering company saw sales in electrical and electronics fall by 7%, while machinery and industrial products sales slumped 26. However, in its lead business of engineering and construction, revenue grew 14. (India Times)
Stocks Decline, Led by Financial Companies on Concern Over Health of Banks Oct 22, 2009
a logistics and plant engineering company, jumped 5. 4 percent after saying in a preliminary report yesterday first-half profit exceeded the companys original estimate by 21 percent. (Bloomberg -- Japan)
GE Latest to Win Gorgon Project Work as Contract Awards Near $10 Billion Oct 22, 2009
Australian engineering company won a 20 percent share of that contract. To contact the reporter on this story: in Sydney. (Bloomberg -- Australia & New Zealand)
PG&E denies 'smart meter' inaccuracy Oct 21, 2009
The plant would generate enough electricity to power about 217,000 homes using a combination of natural gas and methane derived from manure from the region's dairy industry, said Langenberg, an engineer who's worked with giant engineering companies like Parsons Corp. and Bechtel Corp. in the past. Those new high-tech electric meters that Pacific Gas ric Co. has been installing throughout California will be on trial tonight at a state Senate hearing in Fresno. (Fresno Bee -- Local)
Dealing with difficult health choices Oct 20, 2009
Around the time Jeff was hired by the engineering company, Stephanie was approved for Medicare health care benefits ... With work slowing due to the recession, Pine said, the engineering company announced it was closing its Martinsburg office and moving back to other offices in the region ... The new problem is a knot or cyst on my pancreas that a specialist found while Pine was employed at the engineering company, he said. (The Herald-Mail Online)
ABB sees Q3 net profit of around $1 billion Oct 19, 2009
(AP) ZURICH - Swiss-based electrical engineering company ABB Group said Monday it expected third-quarter net profit of around $1 billion after booking charges for an alleged price fixing fine, higher taxes and restructuring costs. ABB officially announces its quarterly results on Oct. 29. (OregonLive, OR -- Business)
Tam to Sell Dollar Bonds Maturing in 10 Years in Overseas Credit Markets Oct 18, 2009
Earlier this week, Brazilian construction and engineering company Construtora Norberto Odebrecht SA sold $500 million of 10-year bonds, and Banco do Brasil SA, Latin Americas largest lender, issued $1. 5 billion of perpetual notes. (Bloomberg -- Latin America)
Golf trips, misuse of campaign funds admitted to by Price Oct 18, 2009
"He in fact accepted as mayor of Mandeville, some $45,000 worth of gifts and transportation and related benefits from an engineering company that depended on him for lucrative contracts for a very long time with the city of Mandeville," said U.S. Attorney Jim Letten. "He also accepted the same benefits from a developer.". (WWLTV.com, LA)
DAX Index Trims Weekly Advance as Banks, Steelmakers, Siemens Decline Oct 17, 2009
Siemens AG, Europes largest engineering company, also retreated. Salzgitter AG and ThyssenKrupp AG, Germanys biggest steelmakers, slid with metal prices. (Bloomberg -- Germany)
Downer shareholders reject exec pay report Oct 15, 2009
Shareholders of infrastructure and engineering company Downer EDI have rejected its remuneration report, after criticism about its long-term incentives scheme for its top executives. At the companys annual general meeting today, almost 60 per cent of shareholders voted against its remuneration report. (Sydney Morning Herald -- Business)
Atlanta-based Scientific Research adds 300 S.C. jobs Oct 14, 2009
The engineering company s clients include the federal government and private firms worldwide. It plans to invest $4 million during the next five years. (Orangeburg Times and Democrat, SC)
Unemployment looms over Finnish shipyards Oct 13, 2009
But the dry spell in shipbuilding also impacts STX's subcontractors and thousands of workers in metals and engineering companies. It could force up to 3,000 workers into temporary unemployment by the end of this year, according to Kimmo Puolitaival of Southwest Finland's employment and economic centre. (Yahoo! Asia News)
Mishap meant swollen ND lake dropped only inches Oct 13, 2009
County officials hired an engineering company to provide an estimate of how much it would cost to repair the dam and to study how bad the damage would be if it failed. Chad Engels, an engineer with West Fargo-based Moore Engineering Inc., has said it's unlikely Kathryn would be leveled by "a wall of water" if the dam broke, but it wou 00004000 ld likely be destroyed by floodwater and mold. (Fresno Bee -- Nation)
Stock-Market Bulls Have Room to Keep on Running Oct 12, 2009
with headquarters in San Francisco, is an engineering company with specialties in transportation and pollution-control facilities. Through a series of acquisitions, Chief Executive Officer has built it up to $10 billion in sales. (Bloomberg -- Columnists)
Solar power outshining Colorado's gas industry Oct 11, 2009
The plant would generate enough electricity to power about 217,000 homes using a combination of natural gas and methane derived from manure from the region's dairy industry, said Langenberg, an engineer who's worked with giant engineering companies like Parsons Corp. and Bechtel Corp. in the past. Outlook sunny for solar power in Valley. (Fresno Bee -- Business)
Diverse firms, same winning ways Oct 11, 2009
Stu Haber, chief executive of Infoscitex in Waltham, said his business is successful in part because he never gave up on the engineering company even when things didn t look good. Infoscitex, which was started in 2000, operates as a two-sided company, with one half working as a contract engineer on government projects, including in the areas of aerospace and defense. (Boston Globe)
Espirito Santo Teams Up in Brazil for World Cup, Olympic Stadium Contracts Oct 9, 2009
The investment arm of Portugals largest bank by market value already is advising , a Brazilian engineering company, ahead of a planned tender for one stadium, , the Lisbon-based companys chief executive officer, said in an interview. We are already working with some important construction companies in Brazil for some stadiums, Ricciardi said in an interview yesterday in New York. (Bloomberg -- Latin America)
America Movil Sells $750 Million of 10-Year Bonds in Overseas Debt Markets Oct 9, 2009
Odebrecht SA, a Brazilian construction and engineering company, and Banco do Brasil SA, Latin Americas largest lender, also plan to sell debt abroad, according to people familiar with the offerings. Morgan Stanley and Goldman Sachs Group Inc. arranged America Movils bond sale, said a person familiar with the offering. (Bloomberg -- Latin America)
L&T raises $600 mn for infra play Oct 9, 2009
MUMBAI: Larsen o (Le countrys largest engineering company, has raised $600 million (about Rs 2,800 crore at current exchange rate) through sale of shares and bonds to institutional investors, as it gets set to cash in on a government drive to build infrastructure. ( ). (India Times)
Titan Industries: Tata group's super-innovator Oct 9, 2009
The wrist watchto-jewellery-to-precision engineering company is now gearing up for its next big leap $1 billion (Rs 4,800 crore) in revenues by 2010, a 30% surge from its current Rs 3,800 crore turnover. The key change agent. (India Times)
Larsen & Toubro Raises $600 Million From Sale of Shares, Convertible Bonds Oct 8, 2009
Oct. 8 (Bloomberg) -- , Indias biggest engineering company, raised $600 million selling shares and bonds to institutional investors to fund expansion in its emerging businesses including railways and defense. The company sold $400 million of shares and $200 million of foreign currency convertible debentures, Executive Vice President said today in an interview. (Bloomberg -- Asia)
Draper Honored At Brunch Oct 7, 2009
She later taught and coached at the Air Force Academy and commanded engineering companies across the country. Sargeant continued her formal education and earned two more master's degrees, one in Physical Therapy and the other in Health Science Education. (Seminoles.com)
NPP-USA Calls for a No-Confidence Vote on Mills Oct 6, 2009
The United States branch of Ghanas New Patriotic Party has closely monitored events leading up to the prosecution and conviction of Mabey and Johnson, an engineering company based in the United Kingdom for bribery of government officials in Ghana and Jamaica by the Serious Fraud Office. As alarming as those events are, they pale in comparison to how the Mills administration has conducted itself since the British court ruling establishing beyond any reasonable doubt that members of the... (Ghana Web, Ghana)
City to Settle Water Dispute Oct 4, 2009
Since the engineer already has the plans completed, it would only take a quick observation of the site by the engineering company. "We just want to get this resolved and make sure we get it right," Arndt said. (Missourian Publishing, MO)
Visitor promotion blitz hits Seattle area Oct 4, 2009
Cheng is responsible for commercializing innovations at Oceanit, one of Hawai'i's leading and highly diverse science and engineering companies. HMSA offers Online Care for flu queries. (Honolulu Advertiser)
Student from India among record enrollment at ISU Oct 4, 2009
Mohd said he already has had the opportunity to meet with several engineering companies, including Boeing and Rockwell-Collins, and has started creating a model rocket for one of his classes. He said these kinds of hands-on projects and applications are what made ISU stand out to him, and he thinks it will give him an advantage over his peers studying in India. (Muscatine Journal, IO)
Six cos for R-Power's Dadri project Oct 3, 2009
Outgoing Bhel chairman K Ravi Kumar told ET: "We are ready and are in the process of submitting our bids." Bhel is one of the countrys largest engineering companies that builds power plants. A spokesperson for Siemens, another company bidding for the project, declined to comment. (India Times)
Mabey and Johnson NPP UK and Ireland calls on .... Oct 3, 2009
It is an engineering company, supplying steel bridges all over the world, largely in the developing world. M d already indicated at a magistrates' court hearing on 10 July 2009 that it would plead guilty to these offences. (Ghana Web, Ghana)
DAX Index Drops for Fourth Day, Extending Weekly Decline; Banks Retreat Oct 3, 2009
Europes largest engineering company, declined 2. 2 percent to 60. (Bloomberg -- Germany)
M+W Zander's 20-year Success Story in Asia; Anniversary in Singapore, First Asian Project Completed in Taiwan in 1989 Oct 2, 2009
Singapore, Oct 2, 2009 - (ACN Newswire) - The international engineering company, M+W Zander celebrates its 20th anniversary in Singapore at an event with customers, partners and staff. In 1989 M+W Zander had successfully completed its first large project in Asia, the construction of a semiconductor plant in Taiwan, and handed it over to the customer TSMC. In 2009 the group now has a presence in Asia and employs a workforce of some 2000 in 9 countries with virtually half of the Group's turnover... (JCN Network, Japan)
Roseville Pair Creatively Job Hunts 2hr Oct 1, 2009
Goldsmith said she recently landed a job at an engineering company. Daves said he has been to a few interviews, received hundreds of e-mails, but is still looking for a job. (KCRA 3, CA)
Visalia may see cost cut on flood insurance Sep 30, 2009
The city might hire an engineering company to see whether anything can be done, such as building a structure that would protect the city. Seven companies have expressed interest. (Fresno Bee)
Business and politics in Ghana Sep 26, 2009
Again the government is a key client to most construction and engineering companies. Service providers like the banks, insurance companies, telephone/mobile phone providers, hotels all regard the state as their valued client. (Ghana Web, Ghana)
Europe shares fall on weak banks; J. Baer slips Sep 26, 2009
Shares in industrial engineering companies also fell on demand concerns. Sulzer, Alstom, ABB and Volvo fell 1. (Business Report, South Africa)
Asian Shares Retreat, High Yield Currencies Gain Sep 24, 2009
In Hong Kong, the Hang Seng Index shed nearly 3 percent by midday and new listing Metallurgical Corp of China , a Chinese engineering company and the market's biggest IPO so far this year, slid 13 percent below its issue price, as investors fretted about the outlook for China's steel industry. The dollar was up 0. (ABC News -- Business)
Asian shares follow Wall St down Sep 24, 2009
In Hong Kong, the Hang Seng Index shed 2 per cent and new listing Metallurgical Corp of 00004000 China, a Chinese engineering company and the market's biggest IPO so far this year, skidded nearly 15 per cent below its issue price. Analysts said its price had been too high given an expected slowdown in investment in China's steel industry. (Sydney Morning Herald -- Business)
Sierra Leone: Tonkolili is Billion Tones Rich in Ore...says Mines Minister Sep 23, 2009
Before the project kicked off on Simbili Hills, technical data had earlier been put together by specialist ground engineering company, Ghanaian based Coffey International Limited, one of the top 300 companies on the Australian stock exchange. Lebbie also disclosed that trenches had to be relocated and expanded upon after an extension of the lifespan of an earlier license the company acquired from the government. (allAfrica.com)
Jaster-Quintanilla to absorb engineering company Sep 23, 2009
for free extra services. Subscribe to Dallas Business Journal. (Dallas Business Journal, TX)
Former Pariah Qaddafi's U.S. Trip Seals Courtship of Libya Over Oil Deals Sep 22, 2009
During that period, in 2004, Siemens, Germanys largest engineering company, won an order worth 180 million euros ($264 million) to upgrade Libyas power-supply grid after a visit by then-Chancellor. Former U.K. premier visited Libya in May 2007 when BP, Europes second-biggest oil producer, signed an accord to conduct a $900 million exploration program with Libyas National Oil Corp.. (Bloomberg)
Chinas IPO appetite leaves Europe and US behind Sep 22, 2009
The worlds two largest IPOs this year came from China State Construction Engineering and Metallurgical Corp of China (MCC), the construction and engineering company that made its Shanghai trading debut on Monday after raising $5. 12bn in a dual listing earlier this month. (FT.com -- Markets)
Monadelphous awarded $85m Rio contract Sep 22, 2009
Engineering company Monadelphous Group Ltd has secured a significant construction contract with Rio Tinto Iron Ore for $85 million. The contract is for major works associated with Phase I of the Brockman 4 development, in the north west of Western Australia. (Sydney Morning Herald -- Business)
Relations boosted by visit of Russian president Sep 22, 2009
Vekselberg has been accused of secretly buying up shares to gain control of the Swiss engineering company Sulzer. Good relations with Russia are crucial for a small country like Switzerland. (SwissInfo.org, Switzerland)
Balancing reform of health insurance Sep 22, 2009
They wouldn't have to live on the edge, always fearing catastrophe, as does Ken Carr, who owns and is the sole employee of a property maintenance engineering company. "It's just a huge burden. It's just really depressing to constantly carry that over your head," says Carr, who has hepatitis and what used to be called a heart murmur - conditions that make individual insurance unaffordable. (Juneau Empire)
US military training Iraqi prison guards Sep 18, 2009
Stephen Green, HSC, 46th Engineering Company, welds a fence that will be used to hold (U.S. Marine Corps, Sgt. Denise M. Serrano / AP). In this March 19, 2009 photo provided by the Department of Defense, medical forms for new detainees are stacked on clipboards at Camp Taji, Iraq. (Albany Times Union)
Hang Seng Index Poised to Decline as IPOs Divert Cash: Technical Analysis Sep 18, 2009
The state-owned construction and engineering company is expected to start trading on Sept. 24. The IPOs will siphon liquidity off the market, , an analyst at DMG & Partners Securities Pte in Singapore, said in a telephone interview. (Bloomberg -- Asia)
Zimbabwe: 'Seize Mining Opportunities' Sep 17, 2009
Government is therefore taking appropriate measures in that regard," President Mugabe said. He said the mining sector's performance had been adversely affected by the world economic recession, making it imperative for Government and mining houses to pursue specific initiatives that ensured the industry's full potential was realised. President Mugabe said such initiatives should include the establishment of a Mining Industry Development Programme. The programme would, in the short term, seek to... (allAfrica.com)
Metallurgical, Sinopharm Said to Raise $3.5 Billion in Hong Kong Offerings Sep 17, 2009
Metallurgical Corp., a state-owned construction and engineering company, and an investor sold HK$18. 2 billion ($2. (Bloomberg -- Asia)
