Engineering Inc - November/December 2017 - 45
1. More people, more
problems. The need for
the U.S. to begin major
reinvestments in its transportation and water infrastructure is not just leftover
rhetoric from Donald
Trump's presidential campaign. Due to a combination of the natural birth
rate and immigration, the
U.S. population growth
rate exceeds that of most
other developed economies
around the world. More
people means a greater need
for roads, highways, bridges
and modern airports, plus
the means to get clean water
to where all the people are
and the wastewater to where
they aren't. Also, remember
that demographic trends
will-please forgive the
pun-trump lifestyle preferences for today's young
professionals. It doesn't matter if every millennial in the
country rejects car ownership in a way unthinkable
a generation ago in favor
of ride-sharing and ondemand transportation; the
U.S. must still build the
roadways and infrastructure
upon which that lifestyle
depends. While we will
always have disruption, we
will also always need a way
to get goods and services to
where people are living, and
municipal, county and state
governments are making
decisions every day to make
that happen.
2. Remember 2007.
Everyone in the boardroom
today remembers what happened almost 10 years ago
when the failure of Lehman
Brothers set off the neartotal collapse of the global
financial system. Privatesector building projects
came to a grinding halt and
in general, only engineers
in the oil and gas industry
prospered in the years from
2007 to 2011. If firms
weren't doing engineering
design for the oil and gas
industry, the only good
option available was publicsector projects. While we are
not currently facing such a
harsh recessionary climate,
industry leaders recognize
the value of diversified
revenue streams and are putting acquisition dollars to
work to secure them ahead
of a presumed contraction
in commercial building.
3. Where goes California,
so goes the nation. As
much as possible, set aside
the present chasm between
the left and right wings of
the U.S. political spectrum
and consider that California
represents one of the world's
largest economies, is a hotbed of technical and design
innovation, and attracts
human capital from all over
the world. Like it or not,
what happens in California
is often a harbinger of what
is likely to come elsewhere.
For the engineering industry, this is good news as the
state has prioritized infrastructure spending. Specifically, Gov. Jerry Brown
signed Senate Bill 1 in April
to provide $52 billion over
the next 10 years for road
and highway improvements,
paid for largely by a 12 cent
increase in the base gasoline
excise tax and a new transportation improvement fee
based on vehicle value. And
while significant doubts
persist about whether the
state's high-speed rail project
will ever function as originally conceived, design and
construction of the project
has already created over $3.5
billion of economic activity
and has led to almost 400
percent job growth in the
Central Valley from 2014
to 2016. As of June 2016,
more than 630 firms have
provided everything from
planning and engineering to
construction services.
With the need to expand,
improve, and maintain public transportation and water
infrastructure only projected to
grow, we can expect an increasing number of deals focused on
the public-sector markets in the
near- to medium-term.
RECENT ACEC
DEAL-MAKERS
SEPTEMBER 2017
ACEC member Century
Engineering (Hunt Valley,
Md.) acquired Waste Water
Management (WWM) (Fairfax,
Va.) and Nittany Engineering
& Associates (Centre Hall,
Pa.). WWM provides a variety
of water and wastewater
engineering services while
Nittany offers civil engineering,
land surveying, construction
administration and energy/
natural gas services.
ACEC member WSP
(Montreal, Canada) acquired
Willoughby Engineering
(Chicago), a 10-person
mechanical, electrical and
plumbing firm that specializes
in serving the health care
market.
WSP also acquired
Leggette, Brashers and
Graham, Inc. (LBG) (Shel-
ton, Conn.), a 150-employee
groundwater and environmental engineering services firm.
The addition of LBG expands
WSP's Water and Environment
practice to 600 staff in the U.S.
ACEC member NV5 (Hol-
lywood, Fla.) acquired Marron
and Associates, Inc. (Albuquerque, N.M.), a 15-person
provider of environmental
planning, natural and cultural
resources and environmental
site assessment services.
ACEC member H2M
architects + engineers (Melville, N.Y.) acquired Ehasz
Giacalone Architects, PC
(Farmingdale, N.Y.), a fullservice architecture firm.
AUGUST 2017
ACEC member Jacobs
Engineering Group (Dallas)
(ENR #2) acquired Blue
Canopy (Reston, Va.), a data
analytics, cybersecurity and
application development
company. Part of ongoing
investments to expand digital
infrastructure solutions, the
acquisition adds approximately
450 employees to the Jacobs
team.
ACEC member Hanover
Land Services, Inc. (Hanover,
Pa.), a full-service provider of
surveying and civil/site engineering services, announced
a merger with Professional
Surveys, LLC (Westminster,
Md.). Professional Surveys,
LLC, staff will continue to
operate out of the Westminster
office under the Hanover Land
Services banner.
Global design firm SYSTRA
(Paris) acquired ACEC member
International Bridge Technologies (IBT) (San Diego).
Specializing in bridge design,
IBT has extensive experience in
design-build projects and will
operate as SYSTRA IBT.
ACEC member Dubois &
King (Randolph, Vt.) acquired
David A. Mann Survey
(Keene, N.H.). David A.
Mann will become Dubois &
King's seventh branch office
throughout Vermont and New
Hampshire.
NOVEMBER / DECEMBER 2017
ENGINEERING INC.
45
Table of Contents for the Digital Edition of Engineering Inc - November/December 2017
Engineering Inc - November/december 2017
Contents
Standing Up to Mother Nature
Fall Conference
P3s to the Rescue
Young Professionals of the Year
Self-Sustainability
Navigating the Marketplace
Creating Meaningful Connections
From Acec to You
Market Watch
Legislative Action
Guest Column
Mergers and Acquisitions
Members in the News
Florida M.o. Adopts Powerful Acec Brand
Business Insights
Engineering Inc - November/December 2017 - Intro
Engineering Inc - November/December 2017 - Engineering Inc - November/december 2017
Engineering Inc - November/December 2017 - Cover2
Engineering Inc - November/December 2017 - Contents
Engineering Inc - November/December 2017 - 2
Engineering Inc - November/December 2017 - 3
Engineering Inc - November/December 2017 - From Acec to You
Engineering Inc - November/December 2017 - 5
Engineering Inc - November/December 2017 - Market Watch
Engineering Inc - November/December 2017 - 7
Engineering Inc - November/December 2017 - Legislative Action
Engineering Inc - November/December 2017 - 9
Engineering Inc - November/December 2017 - Fall Conference
Engineering Inc - November/December 2017 - 11
Engineering Inc - November/December 2017 - 12
Engineering Inc - November/December 2017 - 13
Engineering Inc - November/December 2017 - Standing Up to Mother Nature
Engineering Inc - November/December 2017 - 15
Engineering Inc - November/December 2017 - 16
Engineering Inc - November/December 2017 - 17
Engineering Inc - November/December 2017 - 18
Engineering Inc - November/December 2017 - 19
Engineering Inc - November/December 2017 - 20
Engineering Inc - November/December 2017 - 21
Engineering Inc - November/December 2017 - P3s to the Rescue
Engineering Inc - November/December 2017 - 23
Engineering Inc - November/December 2017 - 24
Engineering Inc - November/December 2017 - 25
Engineering Inc - November/December 2017 - 26
Engineering Inc - November/December 2017 - Young Professionals of the Year
Engineering Inc - November/December 2017 - 28
Engineering Inc - November/December 2017 - Self-Sustainability
Engineering Inc - November/December 2017 - 30
Engineering Inc - November/December 2017 - 31
Engineering Inc - November/December 2017 - 32
Engineering Inc - November/December 2017 - 33
Engineering Inc - November/December 2017 - Navigating the Marketplace
Engineering Inc - November/December 2017 - 35
Engineering Inc - November/December 2017 - 36
Engineering Inc - November/December 2017 - 37
Engineering Inc - November/December 2017 - Creating Meaningful Connections
Engineering Inc - November/December 2017 - 39
Engineering Inc - November/December 2017 - 40
Engineering Inc - November/December 2017 - 41
Engineering Inc - November/December 2017 - Guest Column
Engineering Inc - November/December 2017 - 43
Engineering Inc - November/December 2017 - Mergers and Acquisitions
Engineering Inc - November/December 2017 - 45
Engineering Inc - November/December 2017 - 46
Engineering Inc - November/December 2017 - 47
Engineering Inc - November/December 2017 - Members in the News
Engineering Inc - November/December 2017 - 49
Engineering Inc - November/December 2017 - Florida M.o. Adopts Powerful Acec Brand
Engineering Inc - November/December 2017 - 51
Engineering Inc - November/December 2017 - Business Insights
Engineering Inc - November/December 2017 - Cover3
Engineering Inc - November/December 2017 - Cover4
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