ShareCast - home
spacer 19 June 2013 
spacer
Home
Home
News & Views
Top Stories
Finance Tools
Search
Name or ticker
About Us
Other Digital Look Sites
Register to get unlimited Level 2
CATEGORY: NEWS AND ANNOUNCEMENTS     SECTOR: CONSTRUCTION & MATERIALS

Balfour Beatty making it big in USA

By Michael Millar

Thu 11 Oct 2012

BBY - Balfour Beatty
chart
Latest Prices
Name Price %
Balfour Beatty 226.60p +1.30%
 
FTSE 250 13,971 -0.17%
FTSE 350 3,416 -0.50%
FTSE All-Share 3,350 -0.49%
Construction & Materials 3,626 +0.01%
Balfour Beatty making it big in USA LONDON (SHARECAST) - Balfour Beatty, the global infrastructure group, said it was on track to capture a 10 per cent share of its target US water and wastewater market by 2020 after winning an 80m pound contract.

The deal is the third it has struck with the Patapsco Wastewater Treatment Plant in Baltimore County, Maryland.

The company also said it had won its first job in Texas, thereby passing a strategic goal of entering the Southwest water and wastewater market.

The latter deal is a £45m, three year contract at the Galveston Main Water and Wastewater Treatment Plant.

Chief Executive Ian Tyler said the water and wastewater market was a core sector for Balfour Beatty.

"We are looking to expand our capabilities to also compete in desalination and design-build projects in the future," he said.

"It is our intention to expand our successful West Coast and East Coast water and wastewater business into areas of the country which are experiencing high population growth and increased water demands, for example southern California, as well as the Southwest and Southeast regions of the US."

print button
 
Visit Digital Look for more financial data and tools


 Archived Stories

 Front Page Stories

spacer back to topBack to top

www.bolsamania.com www.fxmania.com www.sharecast.com www.proshareclubs.co.ukwww.digitallook.com
The ShareCast news service is operated by Digital Look Ltd.
© Digital Look Ltd 1998-2013. All rights reserved. Republication or redistribution of Digital Look Ltd content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd. Please click here for our terms and conditions. Cookie Policy
');