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The city of Fresno, California, seeks a director of transportation. [More]
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The Metropolitan Atlanta Rapid Transit Authority is looking for a director of rail transportation. [More]
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The Erie (PA) Metropolitan Transit Authority requests proposals for creation of a five-year transportation development plan. [More]
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AECOM to Acquire Construction Firm
AECOM has announced an agreement to acquire Shimmick Construction, a civil construction firm based in Oakland, CA, with the acquisition expected to close in AECOM’s fiscal fourth quarter. The enterprise value of the acquisition is $175 million. The addition will provide AECOM with civil construction capabilities across the western U.S., which is set to benefit from several years of expected growth from nearly $180 billion of recently approved ballot measures.
“As momentum across our Americas infrastructure markets builds, enhancing our construction capabilities is a critical next step to ensure we best capitalize on the tremendous opportunities in front of us,” said Michael S. Burke, AECOM’s chairman and chief executive officer.
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