Black & Veatch
Black & Veatch
|
Type |
Employee-Owned |
Founded |
Kansas City, Missouri (1915) |
Headquarters |
Overland Park, Kansas |
Key people |
Len C. Rodman, Chairman, President and CEO
Karen Daniel, CFO
Dean Oskvig, President & CEO, Black & Veatch's Global Energy business |
Revenue |
$2.3 billion (2010) |
Employees |
~9,000 |
Black & Veatch is a global engineering, consulting, construction and operations company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets. Black & Veatch is the 11th largest majority Employee-Owned company in the United States[1]. With revenues of $2.3 billion, the company is also ranked by Forbes as one of the largest privately owned companies in the United States[2]. Engineering News-Record, which compiles and publishes rankings of the largest construction and engineering firms annually, measured by gross revenues, ranked Black & Veatch 1st in telecommunications, 1st in power, 7th in water, 8th in sewer/wastewater, 15th in international markets and 16th in the overall top 500 design category [3], in the United States based on 2010 revenues.
Black & Veatch has in excess of 100 offices worldwide and has completed projects in more than 100 countries on six continents[4][5].
History
Founded in 1915, Black & Veatch develops infrastructure solutions including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning.
Company Timeline
- 1915 Ernest Batemen Black and Nathan Thomas Veatch form a partnership called Black & Veatch with 12 employees on the payroll [6].
- 1940 War Department requests that Black & Veatch rebuild Camp Robinson in Little Rock, Arkansas. Other camp projects include Camp Chafee in Ft. Smith, Arkansas, Camp Hale in Pando, Colorado, and other military installations in the Midwest[7].
- 1948 Work begins for the Atomic Energy Commission at Los Alamos, New Mexico[8].
- 1950 N.T. Veatch appointed by President Harry Truman to the President's Water Pollution Control Advisory Board[9].
- 1963 Black & Veatch International is formed[10].
- 1976 Black & Veatch opens new building at 11401 Lamar Ave. in Overland Park, Kansas[11].
- 1985 Black & Veatch acquires Pritchard Corporation
- 1995 Black & Veatch merges with Binnie & Partners[12].
- 1996 Black & Veatch acquires Paterson Candy Ltd., a UK-based water treatment process contractor.
- 1999 Black & Veatch changes company structure from general partnership to an employee-owned corporation [13].
- 2005 Black & Veatch acquires RJ Rudden Associates, Lukens Energy Group and Fortegra[14], a move that doubles the size of its management consulting business.
- 2006 Black & Veatch acquires the water business of MJ Gleeson in the UK, more than doubling the size of its existing UK water operations[15].
- 2008 Black & Veatch selected by Eskom to provide project management and engineering services for a 4,800 megawatt power generation facility in South Africa[16]
- 2009 Black & Veatch purchases 11401 Lamar Ave. office building in Overland Park, Kansas and establishes the location as the company's World Headquarters[17].
- 2009 Black & Veatch launched the infraManagement Group LLC (www.inframanagementgroup.com), a wholly owned subsidiary to assist asset owners with management of water, wastewater and power-generating assets [18].
- 2010 Black & Veatch acquired Enspiria Solutions Inc. to expand its scope of smart-grid services [19].
References
- ^ [1] National Center for Employee Ownership, 2010
- ^ [2] Forbes: America's Largest Private Companies
- ^ [3] Engineering News-Record: Top 500 Design Firms
- ^ [4] Company Summary at Business Week
- ^ [5] Company Overview at Hoovers
- ^ [6] Black & Veatch Web site
- ^ [7] FundingUniverse.com
- ^ [8] FundingUniverse.com
- ^ [9] "Oral History Interview with Nathan Thomas (Tom) Veatch." Harry S. Truman Library
- ^ [10] FundingUniverse.com
- ^ [11] FundingUniverse.com
- ^ [12] "Black & Veatch and Binnie consortium." Water Desalination Report. May 11, 1995.
- ^ [13] Chief Executive Magazine, September/October 2010 issue
- ^ [14] "Black & Veatch acquires Fortegra." Water & Wastewater, Oct. 11, 2005.
- ^ [15] Water & Wastewater, Nov. 2, 2006
- ^ [16] Kansas City Business Journal, May 8, 2008
- ^ [17] "Black & Veatch completes purchase of world HQ building." Kansas City Business Journal. July 6, 2009.
- ^ [18] Kansas City Business Journal, Oct. 19, 2009.
- ^ [19] Kansas City Business Journal
External links