JENKINSVILLE — The Shaw Group, the contractor group that hires the workforce at the V.C. Summer Nuclear Plant expansion in Fairfield County, officially was acquired Wednesday by the group CB&I.
According to Gentry Brann, the Shaw Group’s vice president of Investor Relations and Corporate Communications, “the only change that will be taking place at the nuclear work site will be a change to the signs there.”
The same workforce will be used as before. People can still go to the Midlands Technical College Quick Jobs Center for assistance in setting up online profile, too.
“We are extremely pleased that the transaction to acquire Shaw is officially complete and we thank the shareholders for their support,” said Philip K. Asherman, president and CEO of CB&I. “With the close of the transaction, CB&I is the most complete energy infrastructure focused company in the world. Through our now 50,000 talented employees, we have the capabilities and the expertise to provide our clients with a world of solutions, and a tremendous strategic advantage in responding to the growing demand for energy infrastructure around the globe.”
CB&I offers a world of solutions to its customers in the energy, natural resources, environmental and infrastructure markets. Drawing upon more than a century of experience, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. Effective the first quarter of 2013, CB&I will report its performance in four operating business groups. The groups align the company’s business units to highlight their distinct characteristics and provide improved clarity and visibility for our investors, employees and customers. CB&I’s operating business groups are:
• Technology which provides licensed process technologies, catalysts, specialized equipment and engineered products for use in petrochemical facilities, oil refineries and gas processing plants. This group also offers process planning and project development services, as well as a comprehensive program of aftermarket support. This business is led by Daniel M. McCarthy, executive vice president and Group President, Technology.
• Engineering, Construction and Maintenance which provides engineering, procurement, fabrication and construction of major energy infrastructure facilities, as well as comprehensive and integrated maintenance services. This business is led by Lasse Petterson, executive vice president and chief operating officer.
• Government Solutions which leads large, high-profile programs and projects including design-build infrastructure projectsfor federal, state and local governments. This group also provides full-scale environmental services for government and private sector clients, including remediation and restoration of contaminated sites, emergency response, and disaster recovery. This business is led by E. Chip Ray, executive vice president and group president, Government Solutions.
• Fabrication Services which provides piping solutions and storage tanks and vessels for the oil and gas, water and waste water, mining and power generation industries. This business is led by Luke V. Scorsone, executive vice president and group president, Fabrication Services.
For more information visit www.CBI.com.
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