WEST KINGSTON, RI--(Marketwire - October 5, 2009) - APC by Schneider Electric, a global leader in integrated critical power and cooling services, today announced the launch of APC's "Ride of a Lifetime Challenge" offering electrical contractor firms in the United States and Canada an opportunity to win one of eight OCC Original production choppers from Orange County Choppers (OCC). The contest, which runs through June 30, 2010, is designed to provide electrical contractor firms with additional information regarding the integration of Schneider Electric and APC solutions to help develop and expand their businesses.
"Last month we gave OCC the unique challenge to build a hybrid Schneider Electric chopper that demonstrates how we help people make the most of their energy," said Rob McKernan, President, North America, APC. "To commemorate this challenge, we are encouraging electrical contractor firms to learn more about what inspired our theme bike and how they can work with APC to deploy safe, reliable, and efficient data center solutions."
Later this year the Schneider Electric custom motorcycle will embark on a road show to give electrical contractor partners a sneak preview of the theme bike and an opportunity to meet their local support team to learn more about APC's "Ride of a Lifetime Challenge." The roadshow includes eight regional events slated for Atlanta, Boston, Chicago, Dallas, Los Angeles, Newburgh, NY, Toronto, and Washington, D.C. The events will also serve as an educational forum for electrical contracting firms to learn more about partnering with Schneider Electric and APC to capitalize on emerging trends like energy management and sustainability.
Through APC's "Ride of a Lifetime Challenge" electrical contractor firms can earn chopper 'keys' by recommending APC three-phase power solutions, including both the APC and MGE product lines. Electrical contractor firms can accrue keys throughout the contest to have a chance of starting one of eight OCC Original production choppers. For APC's "Ride of a Lifetime Challenge" contest details and to register please visit www.RideWithAPC.com. For more information on APC and its integrated solutions please visit www.apc.com or call 800-877-4080.
About APC by Schneider Electric
APC by Schneider Electric, a global leader in critical power and cooling services, provides industry leading product, software and systems for home, office, data center and factory floor applications. Backed by the strength, experience, and wide network of Schneider Electric's Critical Power & Cooling Services, APC delivers well planned, flawlessly installed and maintained solutions throughout their lifecycle. Through its unparalleled commitment to innovation, APC delivers pioneering, energy efficient solutions for critical technology and industrial applications. In 2007, Schneider Electric acquired APC and combined it with MGE UPS Systems to form Schneider Electric's Critical Power & Cooling Services Business Unit, which recorded 2008 revenue of EUR 2,6 billion (including APC-MGE sales of $3.7 billion) and employed 12,000 people worldwide. APC solutions include uninterruptible power supplies (UPS), precision cooling units, racks, physical security and design and management software, including APC's InfraStruXure® architecture, the industry's most comprehensive integrated power, cooling, and management solution. Schneider Electric, with 114,000 employees and operations in 100 countries, achieved sales of EUR 18,3 billion in 2008. All trademarks are the property of their owners. www.apc.com
Thursday, October 8, 2009
Wednesday, October 7, 2009
Los Angeles Electricians Working the High Rise
By Kerry Hall Singe
ksinge@charlotteobserver.com
Construction is set to resume on The Vue, the luxury uptown condo high-rise that has sat stalled for the last month.
The condo tower's general contractor, R.J. Griffin & Co., issued a statement late Monday saying it had been paid by the project's owner and that work on the uptown high-rise will resume "promptly."
R.J. Griffin abruptly stopped work on the nearly complete 50-story tower at Fifth and Pine streets Sept. 1, saying it had not been paid by the developer, MCL Cos. of Chicago, for work done in July and August. MCL Cos. CEO Dan McLean has said his company was working through issues with its lenders.
McLean was not available for comment Monday night.
R.J. Griffin said it had been paid late Monday afternoon and was "excited that hundreds of employees from R.J. Griffin & Company and its subcontractors can return to work on this landmark project."
The Vue's delay illustrates the real estate market's lingering weakness even as economists say the country may be emerging out of the recession. It was one of a variety of uptown condo projects that have stalled or been killed as condo sales plunged in recent years.
R.J. Griffin did not provide details for when construction would start or for when subcontractors would be paid. At least five subcontractors have filed liens against the contractor and MCL since the project was stopped, claiming they were owed between hundreds of thousands and more than $1 million dollars for their work on the luxury high rise.
One subcontractor contacted by the Observer Monday said Griffin had called him recently to say it expected work to resume mid-October.
The delay also caused would-be condo buyers to worry about losing their deposits. Between 55 percent and 60 percent of the tower's 409 units are under contract, the developer has said. The units are listed for $319,000 to $2 million-plus, and buyers paid deposits of 10 percent of the sales price.
One buyer, Rob Cummings of Charlotte, told the Observer late Monday that he has been waiting four years for the project to be built.
"This is certainly great news," said Cummings, who lives nearby in Fourth Ward and bought a unit in 2005 for his mother for when she retires. "It will be nice for it to be finished rather than be a shell of a building."
The thought that uptown would be saddled with yet another unfinished high-rise had worried center city boosters.
A 50-story tower planned for the EpiCentre has been halted by legal problems. The hulking, rusting skeleton of The Park, a proposed 21-story luxury condo tower that went into foreclosure before being finished, has become an unwelcome landmark. A Florida developer has said it planned to buy the building and finish the condos, but it is unclear whether the sale went through.
It was unclear Monday night whether The Vue would be finished as previously scheduled. The developer had said purchasers were expected to start moving in next summer. The building's amenities were to include a 3,000-square-foot workout area and a 1,000-bottle wine cellar. An outdoor deck would include a heated pool, tennis court and dog-walking area.
ksinge@charlotteobserver.com
Construction is set to resume on The Vue, the luxury uptown condo high-rise that has sat stalled for the last month.
The condo tower's general contractor, R.J. Griffin & Co., issued a statement late Monday saying it had been paid by the project's owner and that work on the uptown high-rise will resume "promptly."
R.J. Griffin abruptly stopped work on the nearly complete 50-story tower at Fifth and Pine streets Sept. 1, saying it had not been paid by the developer, MCL Cos. of Chicago, for work done in July and August. MCL Cos. CEO Dan McLean has said his company was working through issues with its lenders.
McLean was not available for comment Monday night.
R.J. Griffin said it had been paid late Monday afternoon and was "excited that hundreds of employees from R.J. Griffin & Company and its subcontractors can return to work on this landmark project."
The Vue's delay illustrates the real estate market's lingering weakness even as economists say the country may be emerging out of the recession. It was one of a variety of uptown condo projects that have stalled or been killed as condo sales plunged in recent years.
R.J. Griffin did not provide details for when construction would start or for when subcontractors would be paid. At least five subcontractors have filed liens against the contractor and MCL since the project was stopped, claiming they were owed between hundreds of thousands and more than $1 million dollars for their work on the luxury high rise.
One subcontractor contacted by the Observer Monday said Griffin had called him recently to say it expected work to resume mid-October.
The delay also caused would-be condo buyers to worry about losing their deposits. Between 55 percent and 60 percent of the tower's 409 units are under contract, the developer has said. The units are listed for $319,000 to $2 million-plus, and buyers paid deposits of 10 percent of the sales price.
One buyer, Rob Cummings of Charlotte, told the Observer late Monday that he has been waiting four years for the project to be built.
"This is certainly great news," said Cummings, who lives nearby in Fourth Ward and bought a unit in 2005 for his mother for when she retires. "It will be nice for it to be finished rather than be a shell of a building."
The thought that uptown would be saddled with yet another unfinished high-rise had worried center city boosters.
A 50-story tower planned for the EpiCentre has been halted by legal problems. The hulking, rusting skeleton of The Park, a proposed 21-story luxury condo tower that went into foreclosure before being finished, has become an unwelcome landmark. A Florida developer has said it planned to buy the building and finish the condos, but it is unclear whether the sale went through.
It was unclear Monday night whether The Vue would be finished as previously scheduled. The developer had said purchasers were expected to start moving in next summer. The building's amenities were to include a 3,000-square-foot workout area and a 1,000-bottle wine cellar. An outdoor deck would include a heated pool, tennis court and dog-walking area.
Tuesday, October 6, 2009
DWP Los Angeles Chief Steps Down
By RANDAL C. ARCHIBOLD
Published: October 2, 2009
LOS ANGELES — The head of the city’s water department, who lately has faced criticism over a series of major water main breaks and has had to defend conservation programs and planned rate increases, resigned Friday to take a job with the Clinton Climate Initiative.
Skip to next paragraph
Related
In a Parched Los Angeles, the Streets Suddenly Run Wet (September 29, 2009)
H. David Nahai, who had been general manager and chief executive of the Water and Power Department since 2007 and a commissioner for two years before that, said in a letter announcing his move that his new job would allow him to focus on “the central challenge of our time, global warming.”
The Clinton Climate Initiative, where he will be a senior adviser, is an effort by former President Bill Clinton’s foundation to study and find solutions to climate change.
Los Angeles residents and the water department’s engineers have been baffled in the past month by a series of major water pipe failures across the city, buckling and flooding streets on several occasions and in one instance partly swallowing a fire truck. The department is investigating the cause.
Officials said privately that Mr. Nahai’s stepping down had nothing to do with the breaks. Through a spokesman, Mr. Nahai declined to be interviewed.
Heading the Water and Power Department of a sprawling city in a semidesert is never an easy job, and Mr. Nahai, a former real estate lawyer and Iranian émigré who was educated at some of Britain’s most prestigious schools, often defended the department in his scholarly, British-inflected English.
Just Wednesday Mr. Nahai sought to reassure the City Council that the department was on top of the water main breaks.
He has also sought to deflect criticism over proposed water and electric rate increases and a drought-induced mandatory conservation program that limits lawn sprinkling to just two days, among other steps.
Water consumption has dropped to record levels, and environmental leaders have praised Mr. Nahai’s stewardship of the department. In his letter, he listed numerous achievements, including an increased use of renewable energy and fewer power failures.
Published: October 2, 2009
LOS ANGELES — The head of the city’s water department, who lately has faced criticism over a series of major water main breaks and has had to defend conservation programs and planned rate increases, resigned Friday to take a job with the Clinton Climate Initiative.
Skip to next paragraph
Related
In a Parched Los Angeles, the Streets Suddenly Run Wet (September 29, 2009)
H. David Nahai, who had been general manager and chief executive of the Water and Power Department since 2007 and a commissioner for two years before that, said in a letter announcing his move that his new job would allow him to focus on “the central challenge of our time, global warming.”
The Clinton Climate Initiative, where he will be a senior adviser, is an effort by former President Bill Clinton’s foundation to study and find solutions to climate change.
Los Angeles residents and the water department’s engineers have been baffled in the past month by a series of major water pipe failures across the city, buckling and flooding streets on several occasions and in one instance partly swallowing a fire truck. The department is investigating the cause.
Officials said privately that Mr. Nahai’s stepping down had nothing to do with the breaks. Through a spokesman, Mr. Nahai declined to be interviewed.
Heading the Water and Power Department of a sprawling city in a semidesert is never an easy job, and Mr. Nahai, a former real estate lawyer and Iranian émigré who was educated at some of Britain’s most prestigious schools, often defended the department in his scholarly, British-inflected English.
Just Wednesday Mr. Nahai sought to reassure the City Council that the department was on top of the water main breaks.
He has also sought to deflect criticism over proposed water and electric rate increases and a drought-induced mandatory conservation program that limits lawn sprinkling to just two days, among other steps.
Water consumption has dropped to record levels, and environmental leaders have praised Mr. Nahai’s stewardship of the department. In his letter, he listed numerous achievements, including an increased use of renewable energy and fewer power failures.
Monday, October 5, 2009
Electricians in NYC are Vocal
http://blogs.villagevoice.com/runninscared/archives/2009/10/unions_to_bloom.php
The one-year anniversary of Mike Bloomberg's term-limits flip-flop is being celebrated today by a pair of unions who chose the date to announce their endorsement of Bill Thompson for mayor -- while throwing in some tough language about the incumbent.
Electricians Local Union No. 3, one of the city's most powerful construction unions broke with fellow building trades locals to back Thompson. Here' Chris Erikson, Local 3 business manager, on why they did it:
"We believe that Bill Thompson will be an outstanding Mayor. During his tenure as Comptroller, Bill has shown his commitment to New York's working families. We know that as Mayor, he will be the advocate that hard-working men and women across our City need."
 The electricians then added a couple zingers: "A year ago today, on October 2, 2008, Republican Mike Bloomberg declared his intentions to overturn term limits so he could run for a third term - claiming he was the only person that could guide us through these tough economic times. Today the City is facing a 10.3% unemployment rate, a record number of homeless families sleeping on our streets, a slew of incomplete development projects, and a middle class flight."
And there was this from United Auto Workers Region 9A director Bob Madore as he announced his union's backing for Thompson: "Bloomberg ignored the voters of New York to suit his own interests. And now he wants to use $150 million of his own money to buy the election - while the City's middle class residents get squeezed out of the City due to the very financial crisis he's pledged to fix... It's time for change in New York City, and Bill Thompson offers us that change."
Unions are so far fairly evenly split between Thompson and Bloomberg. Thompson's endorsements include the giant District Council 37, the Communication Workers, Transport Workers Union Local 100, the Retail Workers (RWDSU), and the Public Employees Federation.
Bloomberg is big with the construction trades (which is why Local 3, which backed Bloomy in 2005, is a notable exception), the Teamsters, the United Food and Commercial Workers, sanitation workers, and SEIU Local 32BJ.
Still to weigh in are several heavyweights, including the United Federation of Teachers (which is currently negotiating its contract with City Hall), and health care workers 1199 SEIU. Also unannounced is Hotel Employees Local 6, although sources say a Bloomberg endorsement by that politically active union is upcoming.
(n.b.: UAW Local 2110 represents Voice workers, though it doesn't consult directly with us about its political endorsements -- a major mistake on its part, sometimes leading to moral, if not political, embarrassment.)
The one-year anniversary of Mike Bloomberg's term-limits flip-flop is being celebrated today by a pair of unions who chose the date to announce their endorsement of Bill Thompson for mayor -- while throwing in some tough language about the incumbent.
Electricians Local Union No. 3, one of the city's most powerful construction unions broke with fellow building trades locals to back Thompson. Here' Chris Erikson, Local 3 business manager, on why they did it:
"We believe that Bill Thompson will be an outstanding Mayor. During his tenure as Comptroller, Bill has shown his commitment to New York's working families. We know that as Mayor, he will be the advocate that hard-working men and women across our City need."
 The electricians then added a couple zingers: "A year ago today, on October 2, 2008, Republican Mike Bloomberg declared his intentions to overturn term limits so he could run for a third term - claiming he was the only person that could guide us through these tough economic times. Today the City is facing a 10.3% unemployment rate, a record number of homeless families sleeping on our streets, a slew of incomplete development projects, and a middle class flight."
And there was this from United Auto Workers Region 9A director Bob Madore as he announced his union's backing for Thompson: "Bloomberg ignored the voters of New York to suit his own interests. And now he wants to use $150 million of his own money to buy the election - while the City's middle class residents get squeezed out of the City due to the very financial crisis he's pledged to fix... It's time for change in New York City, and Bill Thompson offers us that change."
Unions are so far fairly evenly split between Thompson and Bloomberg. Thompson's endorsements include the giant District Council 37, the Communication Workers, Transport Workers Union Local 100, the Retail Workers (RWDSU), and the Public Employees Federation.
Bloomberg is big with the construction trades (which is why Local 3, which backed Bloomy in 2005, is a notable exception), the Teamsters, the United Food and Commercial Workers, sanitation workers, and SEIU Local 32BJ.
Still to weigh in are several heavyweights, including the United Federation of Teachers (which is currently negotiating its contract with City Hall), and health care workers 1199 SEIU. Also unannounced is Hotel Employees Local 6, although sources say a Bloomberg endorsement by that politically active union is upcoming.
(n.b.: UAW Local 2110 represents Voice workers, though it doesn't consult directly with us about its political endorsements -- a major mistake on its part, sometimes leading to moral, if not political, embarrassment.)
Sunday, October 4, 2009
Los Angeles Electricians Help Sports Venues
EAN SORENSEN
correspondent
The Richmond Olympic Oval, the speed-skating venue, has sped away with a record six silver Vancouver Regional Construction Association (VRCA) awards.
“I honestly can’t remember any other project in the 21-year history of the awards that has garnered near that many silver awards. That is truly amazing and the contractors involved should be truly proud of their involvement,” said Brian Martin, awards chairman.
But contractors and trades are not surprised after working on the Olympic 2010 structure that many are already calling a national landmark.
Rob Third, of George Third & Son Ltd., a silver award recipient, said the structure is B.C.’s stand-out Olympic venue, just like Beijing’s Bird’s Nest venue. His company will mark 100 years of business in the Olympic year.
“The Richmond oval is really the showcase venue for the 2010 Olympics,” said another silver award recipient Dominion Fairmile Construction’s Alan Nicholson, the project manager working on the Oval. “It will become a well-known building right across Canada.”
Silver VRCA award winners on the project were: George Third and Son Ltd. and Apollo Sheet Metal both contenders for the gold in the category of Chairman’s Trade Awards; Rona Building Supplies in the category of manufacturers and suppliers; Dominion Fairmile in the category of general contractor over $50 million; Flynn Canada in the category of President’s Trade Awards; and Status Electrical in the category of electrical contractor over $2 million.
“This is really an award-winning project with a high degree of difficulty,” said Len Edmondson of Flynn Canada, which did the roofing, polycarbonate glass and the architectural metal panels and other metal work.
Edmondson said the greatest challenge for Flynn Canada’s team (lead by project manager Todd DeForest) was the time line.
“It was a very tight schedule,” he said.
The spectacular structure presented challenges to all trades with unique design features.
Those challenges included not just a tight timeline and almost military precision scheduling of equipment, but working during the height of the labor and skills shortage in B.C.
Nicholson said the project saw the roof placed before the ice-slab was complete. The reason for the different sequencing was that the ice surface was constructed with a post-tensioned suspended slab that included delay-strips.
This added extra months of engineering, but rather than waiting, crews continued with the roof.
“Once you put the roof on, you are limited to the crane boom height and you have to be extremely careful with any overhead obstructions,” he said.
As well, construction started east to west and that meant that machines and equipment were scheduled in and out of one access way.
Also, the ice slab construction was required to exceed a flatness tolerance of three millimeters in only three meters, a criteria aimed at improving athlete’s performance.
The challenge for George Third & Son Ltd. was the composite beams or trusses that span the building. The glulam beams were formed around a steel skeleton (which also housed ducting) and the beams had to be jointed to metal plates.
Ironworkers became woodworkers, Third said, as the project combined both skills at Third’s shop.
Apollo Sheet Metal Ltd.’s great challenge on the project was the duct work located inside the 13 triangular shaped glulam beams that span the facility.
In order to accomplish the task, the Apollo crew moved into the Third shop to better facilitate the prefabrication and scheduling process required to complete the beams that would be placed using a 200-ton crane.
It was the first time Apollo had undertaken such a joint-venture.
The beams are a showcase item in the structure and they hide the triangular duct work, but the 364 outlets supplying air over the ice surface are visible.
Keith Falardeau, president of Status Electrical is pleased to have the award as the uniqueness of the design presented challenges.
“There was a challenge placing the conduits for the writing and other structures in a way that would be concealed,” he said.
Providing the electrical installations also meant providing an integrated approach to getting the job done with an aggressive schedule. Rona won a silver award in the manufacturer and supplier’s category, the first year that this award has gone out.
“We are really pleased with the award,” said LeGrow of the first time honor. “It fits well with the commercial side of our business we are trying to grow where most people think of us as simply retail.”
correspondent
The Richmond Olympic Oval, the speed-skating venue, has sped away with a record six silver Vancouver Regional Construction Association (VRCA) awards.
“I honestly can’t remember any other project in the 21-year history of the awards that has garnered near that many silver awards. That is truly amazing and the contractors involved should be truly proud of their involvement,” said Brian Martin, awards chairman.
But contractors and trades are not surprised after working on the Olympic 2010 structure that many are already calling a national landmark.
Rob Third, of George Third & Son Ltd., a silver award recipient, said the structure is B.C.’s stand-out Olympic venue, just like Beijing’s Bird’s Nest venue. His company will mark 100 years of business in the Olympic year.
“The Richmond oval is really the showcase venue for the 2010 Olympics,” said another silver award recipient Dominion Fairmile Construction’s Alan Nicholson, the project manager working on the Oval. “It will become a well-known building right across Canada.”
Silver VRCA award winners on the project were: George Third and Son Ltd. and Apollo Sheet Metal both contenders for the gold in the category of Chairman’s Trade Awards; Rona Building Supplies in the category of manufacturers and suppliers; Dominion Fairmile in the category of general contractor over $50 million; Flynn Canada in the category of President’s Trade Awards; and Status Electrical in the category of electrical contractor over $2 million.
“This is really an award-winning project with a high degree of difficulty,” said Len Edmondson of Flynn Canada, which did the roofing, polycarbonate glass and the architectural metal panels and other metal work.
Edmondson said the greatest challenge for Flynn Canada’s team (lead by project manager Todd DeForest) was the time line.
“It was a very tight schedule,” he said.
The spectacular structure presented challenges to all trades with unique design features.
Those challenges included not just a tight timeline and almost military precision scheduling of equipment, but working during the height of the labor and skills shortage in B.C.
Nicholson said the project saw the roof placed before the ice-slab was complete. The reason for the different sequencing was that the ice surface was constructed with a post-tensioned suspended slab that included delay-strips.
This added extra months of engineering, but rather than waiting, crews continued with the roof.
“Once you put the roof on, you are limited to the crane boom height and you have to be extremely careful with any overhead obstructions,” he said.
As well, construction started east to west and that meant that machines and equipment were scheduled in and out of one access way.
Also, the ice slab construction was required to exceed a flatness tolerance of three millimeters in only three meters, a criteria aimed at improving athlete’s performance.
The challenge for George Third & Son Ltd. was the composite beams or trusses that span the building. The glulam beams were formed around a steel skeleton (which also housed ducting) and the beams had to be jointed to metal plates.
Ironworkers became woodworkers, Third said, as the project combined both skills at Third’s shop.
Apollo Sheet Metal Ltd.’s great challenge on the project was the duct work located inside the 13 triangular shaped glulam beams that span the facility.
In order to accomplish the task, the Apollo crew moved into the Third shop to better facilitate the prefabrication and scheduling process required to complete the beams that would be placed using a 200-ton crane.
It was the first time Apollo had undertaken such a joint-venture.
The beams are a showcase item in the structure and they hide the triangular duct work, but the 364 outlets supplying air over the ice surface are visible.
Keith Falardeau, president of Status Electrical is pleased to have the award as the uniqueness of the design presented challenges.
“There was a challenge placing the conduits for the writing and other structures in a way that would be concealed,” he said.
Providing the electrical installations also meant providing an integrated approach to getting the job done with an aggressive schedule. Rona won a silver award in the manufacturer and supplier’s category, the first year that this award has gone out.
“We are really pleased with the award,” said LeGrow of the first time honor. “It fits well with the commercial side of our business we are trying to grow where most people think of us as simply retail.”
Saturday, October 3, 2009
Electricians Make Great Power Brokers
Earl C. 'Duke' Austin, Jr. Appointed President of Quanta's New Natural Gas and Pipeline Division
HOUSTON, Oct. 2 /PRNewswire-FirstCall/ -- Quanta Services, Inc. (NYSE: PWR) today announced the closing on Oct. 1, 2009 of the acquisition of Price Gregory Services, Incorporated, a leading transmission pipeline infrastructure service provider. In connection with the acquisition, Quanta issued approximately 10.9 million shares of Quanta common stock and paid approximately $96 million in cash to the stockholders of Price Gregory Services.
Building on Quanta's leadership role in the electric power transmission industry, the acquisition strongly positions Quanta as a leader in the North American energy transmission infrastructure market and will enable the company to take advantage of the positive long-term outlook for the natural gas and transmission pipeline industry.
In conjunction with the acquisition, Quanta has formed a new division called the Natural Gas and Pipeline Division and appointed Earl C. "Duke" Austin, Jr. president and Paul M. Daily executive vice president of this new division. Price Gregory Services will become part of this new division, and J. Thomas White will serve as president of Price Gregory Services with responsibility for its transmission pipeline operations and facility services. Historically, Quanta's revenues from natural gas operations were reported through the electric power and natural gas division.
"This strategic, financially compelling acquisition significantly expands the scale and scope of Quanta's existing natural gas infrastructure operations to better meet the long-term infrastructure requirements of the natural gas industry," said John R. Colson, chairman and CEO of Quanta Services. "Under the leadership and direction of Duke, Paul and Tom, we believe this division is strongly positioned to benefit from the substantial growth projected over the next decade as domestic natural gas plays a larger role in meeting our country's energy independence and clean energy goals.
"The acquisition of Price Gregory and promotion of these leaders support our philosophy to deliver value to our stockholders, quality services to our customers and growth opportunities for our employees. We welcome the Price Gregory team to our family of operating units."
Austin brings more than two decades of industry experience to this newly created position. Most recently, he served as president of North Houston Pole Line (NHPL), a Quanta Services company and one of the largest infrastructure contractors in the Southwest. Austin has been instrumental in the strategic growth of NHPL. Austin also serves on the Board of the Southwest Line Chapter of the National Electrical Contractors Association. Austin received a bachelor of arts in business management with an emphasis in accounting from Sam Houston State University.
In addition to his new position, Daily will continue as president of InfraSource Underground Services, LLC, a Quanta Services company. Daily brings more than 30 years experience in the management of domestic and international underground construction projects, particularly in the natural gas industry. In his various leadership positions, Daily's responsibilities included the strategic oversight of engineering, procurement and construction of electric power, oil, gas, telecommunication and waste water infrastructure. For nine years, Daily served as a commissioned officer in the U.S. Army. He received a bachelor of science with an emphasis in mechanical engineering and international economics from the United States Military Academy.
White previously served as president of Price Gregory International and chief operating officer of Price Gregory Services, Incorporated. He brings more than 40 years of pipeline experience to this position. Throughout his career, he has been responsible for the design, construction and testing of thousands of miles of pipelines both in the U.S. and in the Middle East. In addition to guiding all Price Gregory operations, White has served the Pipeline Contractors Association as president and a member of the board of directors, nominating committee and industry advancement fund, among other positions. He is a registered Professional Engineer and received a bachelor of science in civil engineering from Mississippi State University.
About Quanta Services
Quanta Services is a leading specialized contracting services company, delivering infrastructure network solutions for the electric power, natural gas, telecommunications and cable television industries. The company's comprehensive services include designing, installing, repairing and maintaining network infrastructure nationwide. Additionally, Quanta licenses point-to-point fiber optic telecommunications infrastructure in select markets and offers related design, procurement, construction and maintenance services. With operations throughout North America, Quanta has the manpower, resources and expertise to complete projects that are local, regional, national or international in scope.
Forward-Looking Statements
Statements about Quanta's and Price Gregory's outlook and all other statements in this release other than historical facts are forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside Quanta's and Price Gregory's control, which could cause actual results to differ materially from such statements. Forward-looking information includes, but is not limited to, statements regarding the new combined company and opportunities in the pipeline industry. There are a number of risks and uncertainties that could cause results to differ materially from those indicated by such forward-looking statements, including the failure of the natural gas industry to grow in the future and the timing of any such growth; the impact on the pipeline construction industry from various factors, such as the price of natural gas and oil, the demand for power generation from natural gas, the discovery and development of natural gas and oil resources and legislative developments affecting the energy industry overall; the effect on the businesses of Quanta and Price Gregory from the decline in economic and financial conditions; the failure to effectively integrate the combined operations and realize potential synergies such as cross-selling opportunities; the potential adverse impact to the businesses of the companies as a result of uncertainty surrounding the transaction, including the inability to retain key personnel; future regulatory or legislative actions that could adversely affect the companies; the ability to effectively compete for new projects and market share; and the potential adverse effect of other economic, business, and/or competitive factors on the combined companies or their respective businesses. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Quanta's Annual Report on Form 10-K for the fiscal year ended December 31, 2008, its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2009 and June 30, 2009 and its other filings with the Securities and Exchange Commission, which are available free of charge on the SEC's website at www.sec.gov and through Quanta's website at www.quantaservices.com. Quanta expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events, or otherwise.
Quanta Contacts: Investor Contacts:
James Haddox, CFO Ken Dennard: 713-529-6600
Reba Reid Kip Rupp: 404-872-6764
713-629-7600 DRG&E
HOUSTON, Oct. 2 /PRNewswire-FirstCall/ -- Quanta Services, Inc. (NYSE: PWR) today announced the closing on Oct. 1, 2009 of the acquisition of Price Gregory Services, Incorporated, a leading transmission pipeline infrastructure service provider. In connection with the acquisition, Quanta issued approximately 10.9 million shares of Quanta common stock and paid approximately $96 million in cash to the stockholders of Price Gregory Services.
Building on Quanta's leadership role in the electric power transmission industry, the acquisition strongly positions Quanta as a leader in the North American energy transmission infrastructure market and will enable the company to take advantage of the positive long-term outlook for the natural gas and transmission pipeline industry.
In conjunction with the acquisition, Quanta has formed a new division called the Natural Gas and Pipeline Division and appointed Earl C. "Duke" Austin, Jr. president and Paul M. Daily executive vice president of this new division. Price Gregory Services will become part of this new division, and J. Thomas White will serve as president of Price Gregory Services with responsibility for its transmission pipeline operations and facility services. Historically, Quanta's revenues from natural gas operations were reported through the electric power and natural gas division.
"This strategic, financially compelling acquisition significantly expands the scale and scope of Quanta's existing natural gas infrastructure operations to better meet the long-term infrastructure requirements of the natural gas industry," said John R. Colson, chairman and CEO of Quanta Services. "Under the leadership and direction of Duke, Paul and Tom, we believe this division is strongly positioned to benefit from the substantial growth projected over the next decade as domestic natural gas plays a larger role in meeting our country's energy independence and clean energy goals.
"The acquisition of Price Gregory and promotion of these leaders support our philosophy to deliver value to our stockholders, quality services to our customers and growth opportunities for our employees. We welcome the Price Gregory team to our family of operating units."
Austin brings more than two decades of industry experience to this newly created position. Most recently, he served as president of North Houston Pole Line (NHPL), a Quanta Services company and one of the largest infrastructure contractors in the Southwest. Austin has been instrumental in the strategic growth of NHPL. Austin also serves on the Board of the Southwest Line Chapter of the National Electrical Contractors Association. Austin received a bachelor of arts in business management with an emphasis in accounting from Sam Houston State University.
In addition to his new position, Daily will continue as president of InfraSource Underground Services, LLC, a Quanta Services company. Daily brings more than 30 years experience in the management of domestic and international underground construction projects, particularly in the natural gas industry. In his various leadership positions, Daily's responsibilities included the strategic oversight of engineering, procurement and construction of electric power, oil, gas, telecommunication and waste water infrastructure. For nine years, Daily served as a commissioned officer in the U.S. Army. He received a bachelor of science with an emphasis in mechanical engineering and international economics from the United States Military Academy.
White previously served as president of Price Gregory International and chief operating officer of Price Gregory Services, Incorporated. He brings more than 40 years of pipeline experience to this position. Throughout his career, he has been responsible for the design, construction and testing of thousands of miles of pipelines both in the U.S. and in the Middle East. In addition to guiding all Price Gregory operations, White has served the Pipeline Contractors Association as president and a member of the board of directors, nominating committee and industry advancement fund, among other positions. He is a registered Professional Engineer and received a bachelor of science in civil engineering from Mississippi State University.
About Quanta Services
Quanta Services is a leading specialized contracting services company, delivering infrastructure network solutions for the electric power, natural gas, telecommunications and cable television industries. The company's comprehensive services include designing, installing, repairing and maintaining network infrastructure nationwide. Additionally, Quanta licenses point-to-point fiber optic telecommunications infrastructure in select markets and offers related design, procurement, construction and maintenance services. With operations throughout North America, Quanta has the manpower, resources and expertise to complete projects that are local, regional, national or international in scope.
Forward-Looking Statements
Statements about Quanta's and Price Gregory's outlook and all other statements in this release other than historical facts are forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside Quanta's and Price Gregory's control, which could cause actual results to differ materially from such statements. Forward-looking information includes, but is not limited to, statements regarding the new combined company and opportunities in the pipeline industry. There are a number of risks and uncertainties that could cause results to differ materially from those indicated by such forward-looking statements, including the failure of the natural gas industry to grow in the future and the timing of any such growth; the impact on the pipeline construction industry from various factors, such as the price of natural gas and oil, the demand for power generation from natural gas, the discovery and development of natural gas and oil resources and legislative developments affecting the energy industry overall; the effect on the businesses of Quanta and Price Gregory from the decline in economic and financial conditions; the failure to effectively integrate the combined operations and realize potential synergies such as cross-selling opportunities; the potential adverse impact to the businesses of the companies as a result of uncertainty surrounding the transaction, including the inability to retain key personnel; future regulatory or legislative actions that could adversely affect the companies; the ability to effectively compete for new projects and market share; and the potential adverse effect of other economic, business, and/or competitive factors on the combined companies or their respective businesses. These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Quanta's Annual Report on Form 10-K for the fiscal year ended December 31, 2008, its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2009 and June 30, 2009 and its other filings with the Securities and Exchange Commission, which are available free of charge on the SEC's website at www.sec.gov and through Quanta's website at www.quantaservices.com. Quanta expressly disclaims any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events, or otherwise.
Quanta Contacts: Investor Contacts:
James Haddox, CFO Ken Dennard: 713-529-6600
Reba Reid Kip Rupp: 404-872-6764
713-629-7600 DRG&E
Friday, October 2, 2009
Los Angeles Electricians Promotes Convention Work
Edlen Electrical Exhibition Services Announce New Employees
10/1/2009 - Edlen Electrical Exhibition Services, a large independent electrical contractor to the convention and trade show industry, is pleased to announce new additions to its Anaheim, San Diego and St. Louis offices.
Katherine Quesada has recently joined Edlen’s Anaheim office in the role of national sales manager. Katherine brings with her 11 years experience in the trade show industry, where she has held positions with Skyline Displays, GES and Olea Kiosks. She is excited to join the Edlen team where her responsibilities include establishing new accounts and maintaining existing relationships in the Los Angeles market and nationwide.
Edlen’s Anaheim team would also like to welcome Sarah Bates as event manager. Sarah attended UNLV, having studied Meeting and Event Management. She comes to Edlen from Trade Show Electrical, where she served as operations supervisor for exclusive electrical properties in Las Vegas.
Stephanie Hawkins Clifford has joined Edlen’s San Diego office as event manager. Stephanie joins Edlen after her most recent role as sales coordinator at PRA Destination Management. She has a Bachelor’s degree from the University of Southern California and is excited to begin her new role.
Edlen’s St. Louis team welcomes Holly Wegeng to the role of event manager. Holly most recently worked with the National Retail Hardware Association as assistant convention manager. She is an Indiana University Purdue University Indianapolis graduate, where she studied Tourism, Conventions and Event Management.
Edlen Electrical Exhibition Services is an independent temporary utility contractor to the trade show, convention and special event industry. Edlen is a national company based out of Las Vegas, servicing more than 5,000 events annually providing exclusive, preferred or recommended services in over 200 convention facilities nationwide.
For more information, go to www.edlen.com.
10/1/2009 - Edlen Electrical Exhibition Services, a large independent electrical contractor to the convention and trade show industry, is pleased to announce new additions to its Anaheim, San Diego and St. Louis offices.
Katherine Quesada has recently joined Edlen’s Anaheim office in the role of national sales manager. Katherine brings with her 11 years experience in the trade show industry, where she has held positions with Skyline Displays, GES and Olea Kiosks. She is excited to join the Edlen team where her responsibilities include establishing new accounts and maintaining existing relationships in the Los Angeles market and nationwide.
Edlen’s Anaheim team would also like to welcome Sarah Bates as event manager. Sarah attended UNLV, having studied Meeting and Event Management. She comes to Edlen from Trade Show Electrical, where she served as operations supervisor for exclusive electrical properties in Las Vegas.
Stephanie Hawkins Clifford has joined Edlen’s San Diego office as event manager. Stephanie joins Edlen after her most recent role as sales coordinator at PRA Destination Management. She has a Bachelor’s degree from the University of Southern California and is excited to begin her new role.
Edlen’s St. Louis team welcomes Holly Wegeng to the role of event manager. Holly most recently worked with the National Retail Hardware Association as assistant convention manager. She is an Indiana University Purdue University Indianapolis graduate, where she studied Tourism, Conventions and Event Management.
Edlen Electrical Exhibition Services is an independent temporary utility contractor to the trade show, convention and special event industry. Edlen is a national company based out of Las Vegas, servicing more than 5,000 events annually providing exclusive, preferred or recommended services in over 200 convention facilities nationwide.
For more information, go to www.edlen.com.
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