Stock Quote        
  Join        Login  
logo

URS Acquires BP Barber

Friday, April 15, 2011 8:51 AM

Transaction Significantly Enhances URS' Presence in South Carolina

and Provides Expertise in Water/Wastewater Market

Apr. 15, 2011 (Business Wire) -- URS Corporation (NYSE:URS) today announced it has acquired BP Barber, a privately held civil engineering firm specializing in water and wastewater infrastructure, headquartered in Columbia, South Carolina. The financial terms of the transaction were not disclosed.

With a staff of approximately 150 professionals working from six offices located in South Carolina, North Carolina and Georgia, BP Barber is a provider of engineering services to state and local government agencies and private sector companies in the Southeast. The company primarily serves the water/wastewater market. It also provides environmental, urban development, surveying and geographic information system services.

The addition of BP Barber expands URS' presence in South Carolina, particularly in the attractive water/wastewater market and provides immediate opportunities for URS to broaden services to existing BP Barber customers.

Commenting on today's announcement, Gary V. Jandegian, President, Infrastructure & Environment, URS Corporation, said: "We are very pleased to have BP Barber join URS. BP Barber adds technical expertise and highly skilled resources to expand our service offerings to public and private sector clients in the southeast United States."

URS Corporation (NYSE: URS) is a leading provider of engineering, construction and technical services for public agencies and private sector companies around the world. The Company offers a full range of program management; planning, design and engineering; systems engineering and technical assistance; construction and construction management; operations and maintenance; and decommissioning and closure services. URS provides services for power, infrastructure, industrial and commercial, and federal projects and programs. Headquartered in San Francisco, URS Corporation has approximately 47,000 employees in a network of offices in more than 40 countries (www.urs.com).

URS Corporation
Sam Ramraj, 415-774-2700
Vice President
Investor Relations
or
Sard Verbinnen & Co
Hugh Burns/Jamie Tully/Briana Kelly
212-687-8080


(Source: Business Wire )
(Source: Quotemedia)

Follow iStockAnalyst on Twitter Follow iStockAnalyst on Twitter
Subscribe to Email Alerts
Advertisement

Comments Closed





Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.