Black & Veatch is Ranked 12th Largest Employee-Owned Company in United States.Global Company Achieves Top Ranking for Missouri and Kansas Region OVERLAND PARK Overland Park, city (1990 pop. 111,790), Johnson co., NE Kans., a residential suburb of Kansas City; inc. 1960. There is printing and publishing, and the manufacture of apparel, aircraft parts, cement, prepared foods, salt, chemicals, marine accessories, and signs. , Kan. -- Black & Veatch, a leading global engineering, consulting and construction company, is the 12th largest majority employee-owned company 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. , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2007 rankings of the National Center for Employee Ownership (NCEO NCEO National Center for Employee Ownership NCEO National Center on Educational Outcomes ). Black & Veatch achieved the top ranking in the Kansas and Missouri region. Black & Veatch employs approximately 8,700 professionals in its global workforce, and more than 3,700 in the Kansas City Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). area. Last year, Black & Veatch was ranked 13th by NCEO, a national non-profit information and membership organization, on its list of the 100 largest majority employee-owned companies This is a list of employee-owned companies.
See: Employee Stock Ownership Plan ESOP See Employee Stock Ownership Plan (ESOP). ) owns the majority of the company and was initiated in 1999. "Our ESOP has been a major factor in Black & Veatch's overall business growth," said Karen Daniel, Chief Financial Officer. "It is a great motivation for our professionals to directly share in the success of the company through personal ownership, which was the vision of our founders that we are carrying forward into the future." The company, formed as a partnership in 1915, moved from its general partnership structure to an ESOP to provide a financial structure that helped spur growth of the company's business lines, including its global expansion, Daniel added. With $2.2 billion in revenues, Black & Veatch is also ranked on Forbes magazine's Top Private Companies' list. NCEO rankings are based on the number of company employees. According to NCEO, companies on its list must have a majority of their stock owned by an ESOP or similar plan or have a plan in which at least half the full-time employees meeting minimum service requirements own at least 50 percent of the shares. The entire "100 largest" list can be found at http://www.nceo.org/library/eo100.html. About Black & Veatch Black & Veatch is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects , federal and environmental markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clients' needs and provide sustainable benefits. Solutions are provided from the broad line of service expertise available within Black & Veatch, including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning. With more than $2 billion in revenue, the employee-owned company has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents Six Continents is a large retail PLC in UK which split into Six Continents Retail known as Mitchells and Butlers plc. The hotels and soft drinks business of Six Continents PLC is now known as InterContinental Hotels Group PLC. . The company's Web site address is www.bv.com. |
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