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Canadian Pacific and Kansas City Southern agree to combine to create the first U.S.-Mexico-Canada Rail Network

Canadian Pacific Railway Limited (“CP”) and Kansas City Southern (“KCS”) announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$29 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction, which has the unanimous support of both boards of directors, values KCS at $275 per share, representing a 23% premium, based on the CP and KCS closing prices on March 19, 2021 (and $270 per share, representing a 26% premium3, based on the respective CP and KCS 30-day volume weighted average prices (“VWAP”)).

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Deutsche Exporte von Wasser- und Abwassertechnik bleiben auf hohem Niveau

Kurz vor dem Weltwassertag 2021, am 22. März, kann bilanziert werden, dass deutsche Wasser- und Abwassertechnik auch im Krisenjahr 2020 weltweit gefragt war. Obwohl durch die Corona-bedingte Absage der IFAT, Weltleitmesse für Wasser-, Abwasser-, Abfall- und Rohstoffwirtschaft, ein wichtiger stimulierender Impuls für die Branche ausblieb, sanken die Ausfuhren deutscher Hersteller von Komponenten und Systemen zur Wasseraufbereitung, Abwasser- und Schlammbehandlung nur geringfügig unter den bisherigen Höchststand im Jahr 2019.

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Flatiron wins California Infrastructure Projects

Flatiron has been selected by the City of San Diego to construct the Morena Pump Station, a key component of the city’s bold Pure Water San Diego Program. The design-bid-build project, valued at $110 million, is slated to begin in June 2021 and complete in 2025.

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SNC-Lavalin awarded Construction Management Services Contract by Coeur Mining for Rochester POA 11 Project in US

SNC-Lavalin announced that it has been awarded a $30 million USD contract by Coeur Rochester, Inc., a wholly-owned subsidiary of Coeur Mining, Inc., to provide construction management services for the Plan of Operations, Amendment Number 11 (POA 11)  expansion project at Coeur’s Rochester mine near Lovelock, Nevada. The contract commenced in fourth quarter 2020 and is estimated to be completed by the end of 2022. This win is aligned with SNC-Lavalin’s new strategy moving forward in the Services segment.

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Superior teams with EESSCO to supply Aggregate Equipment in New England

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and handling systems, is proud to appoint EESSCO as its full line aggregate equipment dealer throughout all of New England. A full line dealer sells, services and supports all product segments including portable, modular and stationary crushing, screening, washing and conveying equipment.

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Haver & Boecker Niagara finds Eccentric Vibrating Screens paired with Polyurethane Media offers Production-boosting Advantages

 

Haver & Boecker Niagara highlights the advantages of pairing eccentric screening technology with polyurethane screen media. The combination of the eccentric machines like Haver & Boecker Niagara’s Niagara F-Class and Niagara N-Class with polyurethane media such as Ty-Max and Ty-Deck leads to more uptime, fewer screening problems and higher screening efficiency.

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Tried and Tested Robbins TBM and Conveyor complete Ohio River Tunnel

A 6.5 km (4 mi) long tunnel for wastewater storage below Louisville, Kentucky, USA has more to it than meets the eye.  “At first glance, this seems like a straightforward project, but it turned out to be much more challenging,” said Shemek Oginski, Project Manager for the contractor, a joint venture of Shea/Traylor. The 6.7 m (22 ft) diameter Robbins Main Beam TBM and conveyor system had to cope with overstress in the crown that resulted in significant rock fallout in seven different areas, as well as methane gas in the tunnel. By the machine’s breakthrough on September 22, 2020, the crew had much to celebrate.

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Parsons selected to support Southern California Regional Rail Authority with Metrolink Rail Expansion and Rehabilitation

Parsons Corporation announced that the company has been selected by the Southern California Regional Rail Authority (SCRRA) as one of five engineering firms for a three-year $50 million task order contract. Parsons will support an unprecedented plan for expansion, rehabilitation and state of good repair projects that will improve the safety and service of the Metrolink System and its facilities.

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