Specialty geotechnical drilling contractor, Crux Subsurface, Inc. of Spokane, Washington was acquired Quanta Services (NYSE: PWR), an S&P 500 company and a leader in infrastructure services for the electric power, pipeline and telecommunications industries according to an announcement made in Early April. Crux is well known for their difficult access drilling for geotechnical and environmental projects, but has increasingly gotten into the micropile market, particularly in support of the energy sector. [Source: Crux via National Driller. Image: Crux]
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Nicholson Acquires Terra Drilling
Pittsburgh, PA: Nicholson Construction Company has acquired the capital stock of Terra Drilling Company Inc., a geotechnical contractor headquartered in Hudson, MA.
The acquisition strengthens Nicholson’s position in the New England market, where Terra Drilling has completed hundreds of piling, earth retention, and grouting projects since it was founded in 1984. [Editor] Click through for the rest of the press release. [/Editor]