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AECOM reports first quarter fiscal year 2018 results

AECOM reported first quarter revenue of $4.9 billion. Net income and diluted earnings per share were $111 million and $0.69 in the first quarter, respectively. On an adjusted basis, diluted earnings per share1 was $0.57.

Brown and Caldwell expands industrial water practice with addition of J4 Engineering Group

Brown and Caldwell added the resources of J4 Engineering Group, an industrial water services firm based in Boise, Idaho, with proven success in all aspects of project development from planning through permitting, preliminary design, detailed design, construction services, commissioning, and startup.

Dodge Momentum Index falls in January

The Dodge Momentum Index dropped 5.1 percent in January to 143.7 (2000=100) from the revised December reading of 151.5. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

Jacobs Engineering Group reports earnings for the first quarter of fiscal 2018

Jacobs Engineering Group Inc. announced its financial results for the first fiscal quarter ended Dec. 29, 2017.

NV5 acquires Hong Kong-based CSA Building Services Consulting Engineers

NV5 Global, Inc. acquired CSA (M&E) Ltd., a provider of mechanical, electrical, and plumbing engineering and sustainability consulting services. With annual revenues approaching $5 million and offices in Hong Kong, Macau, Malaysia and the UAE, CSA serves private- and public-sector clients throughout Asia and the Middle East.

Newtecnic enters U.S. market, opens LA office

Newtecnic, an international building engineering design firm best known for its work making futuristic buildings with curvy, complex facades possible, opened its first U.S. office in downtown Los Angeles’ historic Fine Arts Building. Simultaneously, Newtecnic announced partnerships with UCLA Engineering and USC Architecture to research new construction methods.

RETTEW acquires geophysics company, Enviroscan

RETTEW recently completed the asset purchase of Enviroscan, a Lancaster-based geophysics company. The transaction, finalized Feb. 5, joins the specialized geophysics services of Enviroscan with RETTEW’s engineering, surveying, and environmental consulting business.
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Improving Firm Profitability through Project Accounting

For engineering firms, capturing billable time and expenses, developing accurate budgets and forecasts, and maximizing profitability should always be among your top priorities. Project...

Growth in college campus space eclipses enrollment growth, increases stress on facilities management

Many North American colleges and universities are pursuing a high-risk strategy to build new campus facilities as a way to reverse lagging student enrollment, according to a new report from Sightlines. This is the fourth consecutive year Sightlines has documented a trend of space growth outpacing enrollment growth on North American college campuses.
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