Beers Construction Parent Company Acquires Kvaerner Construction.Business Editors TAMPA, Fla.--(BUSINESS WIRE)--Dec. 7, 2000 Skanska AB, parent company of Beers Construction Company, has purchased Kvaerner Construction worldwide. Kvaerner was one of the top construction companies in the world with a strong market share in the United Kingdom and Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . In the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Kvaerner Construction, which will now begin operating as Beers Construction Company, was headquartered in Tampa and had offices in Orlando, Nashville and Raleigh. Prior to the acquisition of Kvaerner, Beers Construction had twelve offices nationwide including Florida offices in Tampa, Orlando and Jacksonville. With this acquisition, Beers Construction Company's Florida 2000 annual volume will total $360 million. "We are excited about adding Kvaerner Construction's resources to Beers' existing strengths," commented Beers Construction Company Chief Executive Officer Joe Riedel. "The purchase of Kvaerner Construction will further strengthen Beers' ability to efficiently deliver quality construction services." Skanska's purchase of Kvaerner Construction represents an increase in resources, staff, experience and expertise that will enable Beers Construction Company to expand its services to clients throughout the Southeast. Known for high-profile projects such as Atlanta's Olympic Stadium The Olympic Stadium is the name usually given to the big centrepiece stadium of the Summer Olympic Games. Traditionally, the opening and closing ceremonies and the track & field competitions are held in the Olympic Stadium. and the Georgia Dome Atlanta Falcons • • [ , and such Florida projects as Hard Rock Cafe Hard Rock Cafe is a chain of casual dining restaurants. It was founded in 1971 by Isaac Tigrett and Peter Morton, and their first Hard Rock Cafe opened near Hyde Park Corner in London, in a former Rolls Royce car dealerships showroom close to Hyde Park, where in 1979 they began to Live, Universal Studios' Super Hero Island, 100 North Tampa, the new Airside air·side n. The part of an airport directly involved in the arrival and departure of aircraft. airside Noun the part of an airport nearest the aircraft "E" at Tampa International Airport Tampa International Airport (IATA: TPA, ICAO: KTPA, FAA LID: TPA) is a public airport located six miles (10 km) west of the central business district of Tampa, in Hillsborough County, Florida, United States. , and Disney's Celebration office buildings, Beers Construction Company is one of the nation's largest construction companies with 1999 billings exceeding $1.6 billion. In its 93-year history, Beers has served a variety of markets including telecommunications, high-tech, education, hospitality, tourism, sports, corporate/commercial, residential, health care, and corrections. Consistently ranked among the top 25 building contractors in the country by Building Design & Construction magazine and as a top 10 firm in Engineering News-Record's annual list of the Top General Building Contractors in the United States, Beers Construction Company is headquartered in Atlanta, Ga. The company maintains full-service Florida offices in Orlando, Tampa and Jacksonville as well as offices in Raleigh, Winston Salem, and Charlotte N.C., Greenville. S.C., Nashville, Tenn., Las Vegas, Nev., Richmond, Va. and Puerto Rico. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion