Shaw Group Leads Top 10 E&C Firm List for Active Project Development in North America

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Researched by Industrial Info Resources (Sugar Land, Texas)--Based on an analysis of active industrial capital and maintenance projects beginning construction in 2008 or scheduled to begin construction in 2009 or beyond, engineering and construction firms remain busy going into 2009. While cautious of recent announcements of project delays and operational cutbacks at North American plants and mines in 2009, many engineering and construction firms are working through a backlog of projects that have been growing over the past several years and will continue to keep them busy in the short term. Industrial Info is currently tracking more than 3,700 industrial projects in North America that have consulting, engineering or construction contractors working on them. These projects, representing $813 billion in total investment value, are either already under construction or are scheduled to begin construction in 2009-10.

Click on the image at right to view the top 10 E&C firm list.

The Shaw Group Incorporated (NYSE:SGR) (Baton Rouge, Louisiana) is No. 1 on the top 10 list, leading all engineering and construction firms, being involved with $48.9 billion in industrial projects in North America. After Shaw's 2000 acquisition of Stone & Webster, the company is experiencing increased activity in the Power Industry. For example, Shaw is providing engineering and construction services for a $1.5 billion grassroot coal-fired power plant that American Electric Power (NYSE:AEP) (Columbus, Ohio) is building in Fulton, Arkansas. Site preparation began this fall and completion is expected in 2012.

Global rail and transit solutions expert, Systra Consulting Incorporated (Little Falls, New Jersey) is second on the list with $46.7 billion, most of which can be attributed to the $40 billion, 700-mile California High Speed Rail project.

Rounding out the top five companies on the list are Bechtel, AMEC and Fluor (NYSE:FLR) (Irving, Texas).

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.