Excerpt:
Karen H. Bechtel The Carlyle Group Board Affiliations MultiPlan, Inc.
Paul C. Schorr The Blackstone Group Board Affiliations Freescale Semiconductor Inc. Freescale Semiconductor Holdings I, Ltd.
http://investing.businessweek.com/businessweek/research/stocks/private/people.asp?privcapId=161017
Battelle Memorial Institute BOARD OF DIRECTORS*
http://www.carlyle.com/team/item5976.html
Excerpt:
Karen H. Bechtel
Managing Director
New York , NY
Fund : U.S. Buyout
Industry : Healthcare
Karen H. Bechtel is a Managing Director and head of the Global Healthcare group based in New York.
Since joining Carlyle in 2005, Ms. Bechtel has invested approximately $2 billion of equity in healthcare companies around the world. She serves as a member of the Boards of Directors of HCR-Manor Care, Grupo Qualicorp, Healthscope Limited, MultiPlan (prior) and Lifecare.
Prior to joining Carlyle, Ms. Bechtel was at Morgan Stanley & Co., Incorporated for 28 years. As Managing Director of Morgan Stanley’s Private Equity Group, Ms. Bechtel was a member of the investment committee responsible for approving all investments in the $3.1 billion Morgan Stanley Capital Partners IV Fund and led all of the healthcare investments. Ms. Bechtel was also Co-head of the Financial Sponsors Group; head of the Corporate Restructuring Group; founder and head of Princes Gate Private Equity Investors, a $650 million bridge equity fund; and Managing Director in the Mergers and Acquisitions Department.
Ms. Bechtel previously served on the Boards of Directors of Vanguard Health Systems, Inc., Cross Country Healthcare Inc., Southern Care, Inc. and Lifetrust America, LLC.
Ms. Bechtel earned her M.B.A. from Harvard Graduate School of Business and her B.A. in mathematics from the University of Texas at Austin where she was Phi Beta Kappa.
http://www.scribd.com/doc/30263131/Types-of-Boilers (photo to the right)
http://www.babcock.com/
Excerpt:
What's New
The Babcock & Wilcox Company Names Anne R. Pramaggiore to Board of Directors learn moreB&W Applauds Signing of CERC Consortium Work Plan to Develop Clean Coal Technologies in Cooperation with China learn more
B&W Awarded $107 Million Boiler Rebuild Contract learn more
B&W Awarded $2.0 Billion Naval Nuclear Reactor Components Contract learn more
view all news and events
Babcock & Wilcox Nuclear Energy, Inc. and Bechtel Power Corporation have entered into a formal alliance to design, license and deploy the world's first commercially viable Generation III++ small modular nuclear power plant. Based on B&W mPower™ small modular reactor technology, this new alliance will be known as Generation mPower.
learn more about Generation mPower
learn more about the B&W mPower reactor
The Babcock & Wilcox Company (NYSE: BWC) opened trading on the New York Stock Exchange on December 15 by ringing The Opening BellSM. B&W stock began trading on the NYSE August 2, 2010, after B&W completed a spinoff from McDermott International, Inc.
learn more
http://en.wikipedia.org/wiki/Lawrence_Livermore_National_Laboratory
Lawrence Livermore National Laboratory
Excerpt:
The Lawrence Livermore National Laboratory (LLNL) in Livermore, California is a Federally Funded Research and Development Center (FFRDC) founded by the University of California in 1952. It is primarily funded by the United States Department of Energy (DOE) and managed and operated by Lawrence Livermore National Security, LLC (LLNS), a partnership of the University of California, Bechtel, Babcock & Wilcox, URS, and Battelle Memorial Institute in affiliation with the Texas A&M University System. On October 1, 2007 LLNS assumed management of LLNL from the University of California, which had exclusively managed and operated the Laboratory since its inception 55 years before.
http://www.carlyle.com/Media%20Room/News%20Archive/2003/item6621.html
Excerpt:
http://en.wikipedia.org/wiki/URS_Corp.
Excerpt:
URS Corporation is an engineering design firm and a U.S. federal government contractor. Headquartered in San Francisco, California, URS is a full-service, global organization with offices located in the Americas, Europe and Asia-Pacific.
With the acquisition of Washington Group International, URS Corp. was able to obtain Fortune 500 status for the first time in 2008 with a rank of 449, up from 505 the previous year.[2] Since appearing on the Fortune 500 list URS has continued to climb, in 2009 URS climbed 185 places to 264, and to 252 in 2010. [3]
In November 2008, The National Transportation Safety Board determined the probable cause of the collapse of the I-35W bridge was the "inadequate load capacity, due to a design error by Sverdrup & Parcel and Associates, Inc., of the gusset plates at the U10 nodes, which failed under a combination of (1) substantial increases in the weight of the bridge, which resulted from previous modifications, and (2) the traffic and concentrated construction loads on the bridge on the day of the accident." URS was not involved in the work being conducted on the bridge at the time of the collapse or in the design of the bridge. [5] [6] [7]
In November 2007, URS acquired Washington Group International for $3.1B and currently operates it as the "Energy and Construction Division".[citation needed]
On June 12, 2009, URS Chief Executive Officer Martin Koffell indicated the company is still on the hunt for "transformative acquistions". An analyst with Gabelli & Co. stated that KBR, Chicago Bridge & Iron Co., and Foster Wheeler AG may be possible takeover targets.[10]
On September 10, 2010, URS completed its acquisition of the British engineering firm Scott Wilson Group.[11]
Generation mPower Alliance
Babcock & Wilcox Nuclear Energy, Inc. and Bechtel Power Corporation have entered into a formal alliance to design, license and deploy the world's first commercially viable Generation III++ small modular nuclear power plant. Based on B&W mPower™ small modular reactor technology, this new alliance will be known as Generation mPower. learn more about Generation mPower
learn more about the B&W mPower reactor
B&W Rings Opening Bell at New York Stock Exchange
The Babcock & Wilcox Company (NYSE: BWC) opened trading on the New York Stock Exchange on December 15 by ringing The Opening BellSM. B&W stock began trading on the NYSE August 2, 2010, after B&W completed a spinoff from McDermott International, Inc. learn more
http://en.wikipedia.org/wiki/Lawrence_Livermore_National_Laboratory
Lawrence Livermore National Laboratory
Excerpt:
The Lawrence Livermore National Laboratory (LLNL) in Livermore, California is a Federally Funded Research and Development Center (FFRDC) founded by the University of California in 1952. It is primarily funded by the United States Department of Energy (DOE) and managed and operated by Lawrence Livermore National Security, LLC (LLNS), a partnership of the University of California, Bechtel, Babcock & Wilcox, URS, and Battelle Memorial Institute in affiliation with the Texas A&M University System. On October 1, 2007 LLNS assumed management of LLNL from the University of California, which had exclusively managed and operated the Laboratory since its inception 55 years before.
http://www.carlyle.com/Media%20Room/News%20Archive/2003/item6621.html
Excerpt:
| September 24, 2003 #2003-41pc (issued by portfolio company) URS Corporation Announces Pricing of Secondary Offering of Common Stock by The Carlyle Group |
SAN FRANCISCO, CA - URS Corporation (NYSE: URS) announced today that The Carlyle Group, through its affiliate TCG Holdings, L.L.C., has sold 7,064,033 shares of the Company’s currently outstanding common stock for gross proceeds to such stockholder before expenses of $135,982,635. Morgan Stanley, Credit Suisse First Boston, Lehman Brothers, D. A. Davidson & Co. and Morgan Joseph & Co. Inc. acted as underwriters for the offering. URS has granted the underwriters an option to purchase up to 1,059,605 shares from the Company to cover over-allotments, if any. Blum Capital Partners, L.P. declined to participate in the sale. |
http://en.wikipedia.org/wiki/URS_Corp.
Excerpt:
URS Corporation is an engineering design firm and a U.S. federal government contractor. Headquartered in San Francisco, California, URS is a full-service, global organization with offices located in the Americas, Europe and Asia-Pacific.
[edit] History
As of Sept. 2010, the firm had approximately 46,500 employees worldwide, in more than 40 countries.[1]With the acquisition of Washington Group International, URS Corp. was able to obtain Fortune 500 status for the first time in 2008 with a rank of 449, up from 505 the previous year.[2] Since appearing on the Fortune 500 list URS has continued to climb, in 2009 URS climbed 185 places to 264, and to 252 in 2010. [3]
[edit] I35-W Mississippi River Bridge Collapse
- Main article: I-35W Mississippi River bridge #Collapse
In November 2008, The National Transportation Safety Board determined the probable cause of the collapse of the I-35W bridge was the "inadequate load capacity, due to a design error by Sverdrup & Parcel and Associates, Inc., of the gusset plates at the U10 nodes, which failed under a combination of (1) substantial increases in the weight of the bridge, which resulted from previous modifications, and (2) the traffic and concentrated construction loads on the bridge on the day of the accident." URS was not involved in the work being conducted on the bridge at the time of the collapse or in the design of the bridge. [5] [6] [7]
[edit] Mergers and Acquisitions
In 1996, URS acquired Greiner Engineering for $73.5 million.[8] Greiner Engineering had been established in 1908 by John E. Greiner. Greiner was a former engineer for the Baltimore and Ohio Railroad and worked at one time for Gustav Lindenthal, including on the Seventh Street Bridge.[9]In November 2007, URS acquired Washington Group International for $3.1B and currently operates it as the "Energy and Construction Division".[citation needed]
On June 12, 2009, URS Chief Executive Officer Martin Koffell indicated the company is still on the hunt for "transformative acquistions". An analyst with Gabelli & Co. stated that KBR, Chicago Bridge & Iron Co., and Foster Wheeler AG may be possible takeover targets.[10]
On September 10, 2010, URS completed its acquisition of the British engineering firm Scott Wilson Group.[11]
