There is a new player in the ground engineering and specialty geotechnical construction market in North America…well, sort of. Quanta Subsurface is a collection of (at present) 9 specialty contractors all owned by Quanta Services, a publicly traded EPC company specializing in the Electric Power and Oil and Gas industries. Many of these companies have been around for some time in their various markets, firms like Crux Subsurface. With the formation of Quanta Subsurface, it appears that they are looking to grow their footprint in transmission line sector in particular. The company is being run by several Crux Subsurface executives, including Crux President Nick Salisbury. [Source: Read more at QuantaSubsurface. Image: Crux/Quanta Subsurface]
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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 […]