THE WOODLANDS, Texas, Sept. 18, 2013 (GLOBE NEWSWIRE) — Layne Christensen Company (Nasdaq:LAYN) ("Layne") today announced that its Geoconstruction Division received a contract to provide specialized foundation work in connection with the construction of Transbay Tower in San Francisco.
The contract has an estimated value to Layne of approximately $19 million. Work on the project is expected to commence in October 2013 and last approximately 6 months.
[Editor] Read on for more info about the foundations for this new 61 story high-rise in downtown San Francisco. [/Editor]