December 10, 1998 |
Jacobs Engineering Group Inc. of Pasadena on Wednesday agreed to buy closely held engineering firm Sverdrup of St. Louis for about $200 million in cash. The combination would form the sixth-largest construction and engineering company in the U.S. The agreement must be approved by Sverdrup shareholders. Jacobs said that Sverdrup shareholders could realize an additional $30 million during the next three years if the price of Jacobs' shares rise above certain thresholds, which were not revealed.
CALIFORNIA | LOCAL
December 14, 1990 |
Setting the stage for construction of three tollways planned in Orange County, transportation officials on Thursday selected three engineering firms to keep tabs on the day-to-day efforts to build the highways. The tollway agencies voted unanimously to choose Ebasco Services Inc., Harris & Associates, and the Sverdrup-Bechtelconsortium to shepherd construction work on the ambitious new projects.
March 13, 1996
The Orange County office of Sverdrup Facilities Inc. landed a $20-million contract to design and build military family housing at Kirtland Air Force Base in New Mexico. The contract won't result in any additional hiring to supplement the 250 employees at Sverdrup's Costa Mesa office. The project, scheduled to be completed in the fall of 1997, is the first of what the St. Louis design-and-construction firm hopes will be a big increase in military housing work.
November 30, 1990
Novadyne Computer Systems Inc., a field service and computer systems distribution company, broke ground last month on its new headquarters building in Santa Ana, which consists of a three-story office wing and a two-story warehouse. When completed in October, 1991, the facility will house about 400 of the company's 1,000 employees. FACTS AND FIGURES Address: St. Andrew Place and Lyon St., Santa Ana Developer: McDonnell Douglas Realty Co. Architect: Sverdrup Corp.
October 26, 1990 |
Novadyne Computer Systems Inc., a computer maintenance and hardware distribution company, said Thursday that it plans to move next year into a new $25-million headquarters here. Novadyne is a former McDonnell Douglas Corp. subsidiary that was spun off as an independent company in a $65-million management buyout in July. The new 170,000-square-foot headquarters will house Novadyne's 400 local employees and will be across the street from its current headquarters on St. Andrews Place. Bert J.
February 6, 1992 |
The Pomona City Council has awarded a $4-million contract to build the world's largest facility to remove nitrates from water. Anthony J. Skvarek, a Water Department manager, said the plant--to be built at a reservoir at 3rd and Electra streets--will reduce the city's dependence on imported water by removing nitrates from ground water. Nitrates have seeped into the Chino Basin from fertilizer used in citrus groves and from dairy and livestock operations in the region, he said.