Chaiten Volcano, Chile

MISSION WOODS, Kan., Nov. 17, 2010 (GLOBE NEWSWIRE) — Layne Christensen Company ("Layne") (Nasdaq:LAYN) today announced the acquisition of Bencor Corporation of America – Foundation Specialist ("Bencor"). Founded in 1969, Bencor is one of North America’s leading contractors in foundation and underground engineering. Bencor specializes in deep foundations for dams, levees, shafts and below ground structures and also excels in the design and building of earth support retention systems for basement excavation for high-rise structures, subway lines and stations and depressed highways. Bencor has performed work in the United States, Canada, South America, Europe and North Africa and has over 100 permanent employees headquartered in Dallas, Texas. The purchase price for the stock of Bencor was $32.1 million. Management projects first year revenues and earnings per share of approximately $50 million and $0.20-$0.25 per share, respectively, after purchase accounting adjustments.

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I kept the same title of the source article for my post…it is a very simple explanation of the enhanced geothermal systems or EGS process of extracting geothermal energy from hot, dry rocks…even if it […]

Mount Baker is one of the more active volcanos in the cascade range. According to a Seattle Post-Intelligencer article, there is renewed interest in this volcano. (Photo by Ataradrac)

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