Press Releases

Moretrench’s Keith LaRue, P.E. Promoted to Northeast Regional Manager, Geotechnical Operations

Moretrench is pleased to announce that Keith LaRue, P.E., has been promoted to Northeast Regional Manager for Moretrench’s geotechnical operations. A 1994 graduate of Worcester Polytechnic Institute with a B.S. in Civil Engineering, Mr. LaRue, […]

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Standards and Codes

ASTM Updates November 2010

American Society of Testing Materials Logo - ASTMNew and revised standards related to the geo-industry from the past month. Includes a new standard for measuring Hydraulic Conductivity of Unsaturated Soils. Click through for the full list.


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Press Releases

Layne Christensen Company Acquires Bencor Corporation of America

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.

[Editor] Click through for the rest of the press release. [/Editor] […]