| Type | Public (NASDAQ: SGR) |
|---|---|
| Founded | Baton Rouge, Louisiana (1987) |
| Founder(s) | J.M. Bernhard Jr. |
| Headquarters | Baton Rouge, Louisiana, United States |
| Area served | Worldwide |
| Key people | J.M. Bernhard Jr. (Chairman) (CEO) |
| Employees | 26,000 |
| Website | http://www.shawgrp.com/ |
The Shaw Group is a Fortune 500[1] corporation headquartered in Baton Rouge, Louisiana. As of August 31, 2008, the company employed approximately 26,000 people all over the world. Its core competencies are Engineering, Procurement, and Construction, piping, energy, chemical, and fossil and nuclear power.
The company is split into the following divisions:
- Power (which includes part of the former Stone & Webster)
- Environmental & Infrastructure
- Maintenance
- Fabrication and Manufacturing
- Energy & Chemicals
Contents |
Power
Shaw Power is divided into fossil and nuclear divisions, and includes the former Stone & Webster, Inc. Shaw's Power division provides global engineering, design, procurement, construction, and maintenance services to the energy industry.
History
The group was founded in 1987 by J.M. Bernhard Jr., the Chairman and Chief Executive Officer, and two individuals as a fabrication shop. The company was originally known as Shaw Industries Inc. The company grew by acquiring stock of Alloy Piping Products, Fronek A/DE, Inc, Naptech, Inc., Pipe Shields Inc., United States Crafts, Inc., Merit Industrial Constructors, Inc., Cojafex B.V., Prospect Industries plc, joined with Entergy Corporation to create EntergyShaw L.L.C., Stone & Webster Inc., The IT Group, Inc., Envirogen, Inc., MWR, Inc., Badger Technologies from Washington Group International, and Energy Delivery Services from Duke Energy Global Markets, Inc. In 2006 the company acquired a 20% interest in the Westinghouse Electric Company. The company has grown by 18,000 employees in 18 years.
Environmental Record
Shaw has over 30 years of experience in successfully managing wastes of all types, including radioactive, mixed, hazardous, and sanitary.[2] They are working closely with federal, state, and local regulators to ensure safety and compliance in the handling, processing, treating, transporting, and disposal of these wastes.[2] On March 6, 2008, the Shaw Group was awarded a contract by the Air Force Center for Engineering and the Environment AFCEE).[3]"Shaw has supported AFCEE for more than 15 years by providing a complete range of traditional and environmental design and construction services worldwide," said Ronald W. Oakley, president of Shaw's Environmental & Infrastructure Group.[3][4]
Hurricane Katrina Contracts
After Katrina hit, the Shaw group hired the former head of the Projects and Contracting Office in Baghdad, Charles Hess, who also had experience working at FEMA and the Army Corps of Engineers. As well, Shaw is one of several companies who won contracts from FEMA who are represented by former FEMA head, Joe Allbaugh.[1]
Shaw has been awarded at least seven contracts to assist in the post-Katrina recovery:
| Contract | Description |
|---|---|
| 1 | $77,162,809 through FEMA |
| 2 | $100,000,000 through Army Corps for FEMA mission assignment |
| 3 | $29,000,000 for Shaw Environmental through Army Corps for FEMA mission assignment. |
| 4 | $121,468,078 for Shaw Constructors through Army Corps for FEMA mission assignment |
| 5 | $2,029,000 through Environmental Protection Agency as a mission assignment for FEMA |
| 6 | $400,000 for Shaw Environmental through Army Corps for FEMA mission assignment |
| 7 | $8,431,291 through Army Corp for FEMA mission |
[2].
See also
References
- ^ "Rankings-The Shaw Group". theshawgrp.com. 2005. http://www.shawgrp.com/About/Rankings/default.aspx. Retrieved 2006-07-28.
- ^ a b Hazardous Waste - The Shaw Group Inc
- ^ a b Shaw Awarded Contract by the Air Force Center for Engineering and the Environment: Business Wire Business News: US:SGR - MSN Money
- ^ The Shaw Group Inc
External links
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