Categories
Categories
ACEC News / Convention
Watch the Video Celebrating the 2019 EEA Grand Conceptor Award Project
WSP USA won the 2019 Engineering Excellence Awards Grand Conceptor Award, which honors the year's most outstanding engineering achievement, for the Alaskan Way Viaduct Replacement Program in Seattle.
ACEC News / Advocacy
ACEC/Tennessee Surpasses ACEC/PAC Fundraising Goal
For the 16th consecutive year, ACEC/Tennessee reached its annual ACEC/PAC fundraising goal before the ACEC Annual Convention and Legislative Summit.
ACEC News / Education
Designing a Compensation Plan That Works For Your Firm, May 16
In the May 16 online class Simple Incentive Compensation That Works!, Ty Kicklighter will take a closer look at the guiding principles of incentive compensation, review a simple plan design, and demonstrate the tools you need to put it to work within your firm.
ACEC News / Advocacy
ACEC Members Converge on Capitol Hill
Senator Gary Peters (D-MI) (standing, center), a member of the Senate Committee on Commerce, Science, and Transportation, met with the ACEC/Michigan delegation this week during the ACEC Annual Convention and Legislative Summit. More than 400 ACEC members visited more than 300 Congressional offices during the Convention, advocating for more infrastructure funding, as well as for policies to address the shortage of engineering talent and initiatives to promote sustainable energy projects.
Industry News / Member Firms
Parsons Corporation Goes Public
Charles Harrington, chairman/CEO/president of the Parsons Corporation, celebrates his company's IPO at the New York Stock Exchange yesterday. The firm sold 10.9 million shares, the stock price rising from the opening bell price of $27.00 to $30.28 by mid-morning.
Boxwood Merger Corp. (Nasdaq: BWMC, BWMCU and BWMCW) (“Boxwood”), a publicly-traded special purpose acquisition company, and Atlas Intermediate Holdings LLC (“Atlas”) (combined together with Boxwood, the “Company”), a leading provider of professional testing, inspection, engineering and consulting services, announced today that they have entered into a definitive agreement whereby Atlas will become a wholly-owned indirect subsidiary of Boxwood. Immediately following the proposed transaction, Boxwood intends to change its name to Atlas Technical Consultants, Inc. (“Atlas Technical”) and its shares of Class A common stock are expected to continue to be listed on The Nasdaq Stock Market under the ticker symbol “ATCX.”
The joint venture of Gannett Fleming and Dewberry announced that it was awarded one of four five-year engineering/architecture indefinite delivery, indefinitely quantity (IDIQ) contracts issued by the U.S. Army Corps of Engineers (USACE) Jacksonville District.
WEST was awarded a 5-year Indefinite Delivery Architect-Engineer Contract worth up to $4.5 million from the U.S. Army Corps of Engineers (USACE), Los Angeles District for AE Hydrologic and Hydraulic Services for Civil Works Projects.
Indicators
ACEC Engineering Business Index (EBI)
62.6 (2Q, 2019)
62.2 (1Q, 2019)
Engineering Employment
1,521,800 (July)
1,517,500 (June)
Construction Spending
$1,286,997,000 (June)
$1,303,427,000 (May)
ACEC Stock Index
38.16 (August 5)
41.90 (July 29)
Dodge Momentum Index
138.9 (July)
145.6 (June)
Morrissey Goodale M&A Index
297 Deals year-over-year (August)
312 Deals year-over-year (July)
AIA Billings Index
49.1 (June)
50.2 (May)
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