SALT LAKE CITY — The Utah Department of Transportation has named Teri Newell as an additional deputy director.
Newell will help guide the department as it moves to address issues relating to Utah’s growing population, advances in technology and the evolution of the transportation industry. The newly created position comes after the 2018 Legislature passed SB136, which addressed the governance of transportation in Utah.
Utah Department of Transportation, Teri Newell
By Howard Fine
The Los Angeles World Airports Board of Commissioners on April 5 voted to award a $4.9 billion, 30-year contract to a contractor consortium to design, construct and operate the planned people mover at Los Angeles International Airport.
The board awarded the contract to a consortium of seven contractors known as LAX Integrated Express Solutions, or LINXS. The vote came six weeks after an initial decision to begin negotiations with the contractor consortium. The price of the contract increased $400 million to allow for flexibility in interest rates for financing over its 30-year duration, LAWA spokesman Mark Waier said.
Rendering of East Plaza for the proposed people mover at LAX
WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE:GVA) announced today that it has acquired LiquiForce, a privately-owned company which serves public and private sector water and wastewater customers in both Canada and the U.S. Today, LiquiForce provides a variety of underground contracting services including lateral liner rehabilitation, mainline Cured-in-Place Pipe (CIPP), project management, manhole rehabilitation, and mainline point repairs. In addition, they are recognized as a leader for their patented LiquiForce Junction Lateral Liner. Through this acquisition, we welcome more than 100 employees to the Granite team. Going forward, LiquiForce will continue to operate from offices in Kingsville, Ontario, Hamilton, Ontario, and Romulus, Michigan. The transaction is expected to be immediately accretive to Granite’s 2018 earnings per share.
“This acquisition represents the next chapter in Granite’s strategic plan, as we continue to diversify and grow our business,” said James H. Roberts, President and Chief Executive Officer of Granite. “This move positions Granite to build on our capabilities as a national leader in CIPP lining technology and trenchless pipe rehabilitation.
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