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Partnership formed to assist overseas investment.

Although recent changes in Europe may in theory provide "business opportunities" to American companies, most firms have faced problems in market knowledge and local contacts. That is until now -- four of this country's key international project management, design and engineering companies have just formed a partnership to assist Americans overseas.

Jaros Baum & Bolles and Severud Associates of New York City, in association with Evans International, Ltd., of Princeton, and Cope Linder Associates of Philadelphia have announced the formation of Evans-Cope, the first international project management and design venture to assist American companies seeking to locate or expand facilities in Europe. Collectively, these firms have been responsible for some of the most prestigious structures in the world, including Madison Square Garden, The World Trade Center, Sears Tower, the St. Louis Memorial Arch and the New York Stock Exchange in the U.S.

According to Ronald G. LeGault, president of Evans-Cope, the venture is providing American companies with the collective European experience of its member firms, as well as regional source professionals through its various affiliations within the European Community.

"The rules, boundaries, trade and monetary systems of Europe are shifting, even disappearing, every day 'offering enormous opportunities for American companies overseas. But, local constraints and regional idiosyncrasies can make or break such a venture, which is why knowledge of the territory is mandatory," stated LeGault. "What good is the opportunity if American firms do not know where or how to get started."

"We are combining our collective experience within the European market with American management techniques, and providing U.S. companies with realistic assessments of overseas ventures. Evans-Cope

All four member firms have been involved in numerous high-profile projects overseas, including the tallest building in Asia, the Bank of China building in Hong Kong, and the tallest building in Europe, the Messe Turin in Frankfurt, Germany. Present European projects include the expansion of the Sea-Land Service Containership Terminal in Algeciras, Spain, and a 62-acre mixed use development in Spain for Reinhold Overseas, Ltd,

According to LeGault, the firm has already received a large degree of response from firms throughout Europe who are seeking to become affiliates of the venture. Evans-Cope may announce new members companies in the near future, as well as additional U.S. offices.
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Title Annotation:Evans-Cope
Publication:Real Estate Weekly
Date:Mar 31, 1993
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