Parsons Announces Merger Agreement with 3D/International.HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry; & PASADENA, Calif. -- Chuck Harrington, President of Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. Commercial Technology Group, and Chuck Thomsen, Chairman of 3D/International (3D/I D/I Due-In D/I Debt to Income ratio D/I Drop/Insert D/I Distinctive Insignia D/I Decimation/Interpolation ) announced today the signing of a merger agreement. "3D/I is a nationally respected leader in the design, condition assessment, and construction management of educational and public buildings and their systems," said Harrington. "Their reputation for innovation will make an important contribution to the Parsons family of companies." Once the merger is completed, 3D/I will become a subsidiary of Parsons. The merger is subject to customary conditions including shareholders approval: 3D/I shareholders are scheduled to meet to approve the board's recommendation on May 12, 2006. "Parsons will provide many additional skills to offer to our existing clients," said Thomsen. "Our leadership is enthusiastic about this merger because Parsons is employee-owned, their core business is design and construction, they have an excellent reputation, and they will be able to provide many new opportunities for our staff in both domestic and international markets." Parsons, celebrating over 60 years of setting industry standards, is a leader in many diversified diversified (di·verˑ·s markets such as facilities, planning, infrastructure, industrial processes, communications, transportation, water, environmental, and advanced technology. Parsons provides technical and management solutions to private industrial customers worldwide as well as federal, regional, and local government agencies. For more about Parsons, please visit us at www.parsons.com. 3D/International is a program management, condition assessment, design, construction and information technology company. Founded in 1953 and headquartered in Houston, 3D/I has 485 employees in fourteen U.S. offices. They specialize spe·cial·ize v. 1. To limit one's profession to a particular specialty or subject area for study, research, or treatment. 2. To adapt to a particular function or environment. in education public building and defense facilities; providing services on significant projects like the Pentagon, the Pentagon, the, building accommodating the U.S. Dept. of Defense. Located in Arlington, Va., across the Potomac River from Washington, D.C., the Pentagon is a five-sided building consisting of five concentric pentagons connected to each other by corridors and covering Los Angeles Unified School District The Los Angeles Unified School District (the "LAUSD") is the largest (in terms of number of students) public school system in California and the second-largest in the United States. Only the New York City Department of Education has a larger student population. construction program, multiple federal courthouses and state capitols, and more than 160 community college campuses throughout the U.S. For more information about 3D/International visit www.3di.com. |
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