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Bechtel Named Top U.S. Construction Contractor.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- Bechtel has been named the top U.S. contractor for the ninth consecutive year by Engineering News-Record Engineering News-Record (widely known as ENR) is a weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It has been published since 1874. It is owned by The McGraw-Hill Companies.  (ENR ENR Enrolled (bill, resolution, etc. passed by both houses of Congress and re-typed)
ENR Engineering News Record
EnR Énergies Renouvelables (French)
enr Enregistrement (French) 
), a leading U.S. trade publication for the construction industry.

ENR's Top 400 Contractors list is based on revenue. In 2006, Bechtel had its fourth straight record year with revenue of $20.5 billion, a 13 percent increase over 2005.

"We are proud to be recognized again as the top U.S. construction company," said Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Riley Bechtel. "The number one ranking reflects our commitment to customers and our ability to perform quality work on time and within budget."

Strong project execution combined with a diverse, international business portfolio helped Bechtel retain its top position.

Bechtel's project highlights for 2006 included the start of work in India on expansion of what will be the world's largest refinery; collaboration with the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States).  on management and operation of Los Alamos National Laboratory Los Alamos National Laboratory (LANL) (previously known at various times as Site Y, Los Alamos Laboratory, and Los Alamos Scientific Laboratory) is a United States Department of Energy (DOE) national laboratory, managed and operated by Los Alamos National , the nation's premier institution for defense research; successful work on high-profile civil projects ranging from the London Underground to the Tacoma Narrows Bridge Noun 1. Tacoma Narrows Bridge - a suspension bridge across Puget Sound at Tacoma
Tacoma - a city in west central Washington on an arm of Puget Sound to the south of Seattle
 in Washington state; the completion of two major power plants ahead of schedule; progress on construction of aluminum smelters in Oman and Iceland; and ongoing work to upgrade Cingular's wireless network across the United States.

Engineering News-Record, a McGraw-Hill publication, has been reporting news and intelligence on the global construction market for more than 130 years. ENR's Top 400 Contractors issue is available at www.enr.com.

Since its founding in 1898, Bechtel has worked on more than 22,000 projects in 140 countries on all seven continents. Today Bechtel's 40,000 employees are teamed with customers, partners, and suppliers on hundreds of projects in nearly 50 countries. For more information about Bechtel, visit www.bechtel.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 17, 2007
Words:294
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