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BUSINESS NEWS

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ENGINEERED RIGGING REIMAGINES HEAVY TRANS- PORT Engineered Rigging , innovators in mo- tion, today unveiled its new Power Slide System, which delivers a safe, simple and efficient way to move overweight, oversized loads in tight quar- ters. Comprised of skid shoes, which are powered by hydraulic push/pull cylinders over high- strength flat-topped track, Power Slide is ideal for moving components such as turbines, generators, transformers, vessels and motors, especially when space limitations and costs preclude using a crane. The system’s high-capacity design and versatile configuration enable it to move loads ranging from 50 to more than 2,000 tons. Its rugged construction withstands daily use and extreme loads. Power Slide’s low track height reduces jacking requirements enhancing load and project safety. With a state-of-the art fabrication facility in Russellville, Arkansas, Engineered Rigging can quickly design and fabricate with domestic materials customized systems and standard capacities. PRIMORIS SERVICES CORPORATION ANNOUNCES UNDERGROUND AWARDS VALUED AT $63 MILLION Primoris Services Corporation today announced three new Master Service Agreements with utility customers with a three-year anticipated value of $63 million. The contracts were secured by the Underground division of ARB Inc., part of the West Construction Services segment. ❚ ❚ The first MSA award is from a major Southern California utility customer to upgrade the gas and electric infrastructure in existing mobile home parks. It is estimated that this MSA will generate $10 million per year. ❚ ❚ The second MSA award is from a major Northern California utility customer to inspect with mobile camera systems all sewers near recent utility construction sites. It is

estimated that this MSA will generate $7 million per year. ❚ ❚ The third MSA award is from the same Northern California utility customer for meter relocation to provide easier access for the meter readers and maintenance. It is estimated that the MSA will generate $4 million per year. All three MSAs are for three years, with two additional one-year options, and are scheduled to start immediately. While the agreements do not obligate the customers to award Primoris a specific dollar amount, our discussions and history with the customers form the basis for our anticipated value. TWO THORNTON TOMASETTI PROJECTS WIN MIPIM ASIA AWARDS Thornton Tomasetti , the inter- national engineering firm, announced that two of its projects were honored at the MIPIM Asia Awards. One Shenzhen Bay in Shenzhen, China, received the Gold Award in the Best Residen- tial Development category, while Huishan North Bund in Shanghai was recognized with a Silver Award for Best Urban Regeneration project. About One Shenzhen Bay T7: ❚ ❚ Thornton Tomasetti provided structural engineering services for One Shenzhen Bay T7 Tower, the largest of the development’s eight towers. ❚ ❚ The floor system of One Shenzhen Bay T7 is slab on deck and the foundation system utilizes concrete mats and piles. ❚ ❚ The development features three below-grade levels that include one retail concourse and two levels of parking, which span the full length of the site. The MIPIM Asia Awards recognizes excellence and innovation in real estate development in the Asia Pacific Region. The winners were announced during a gala reception on December 1 at the Grand Hyatt Hong Kong.

1200 North College Ave. Fayetteville, AR 72703 Mark Zweig | Publisher mzweig@zweiggroup.com Richard Massey | Managing Editor rmassey@zweiggroup.com Christina Zweig | Contributing Editor christinaz@zweiggroup.com Sara Parkman | Editor sparkman@zweiggroup.com Megan Halbert | Design Assistant mhalbert@zweiggroup.com Liisa Andreassen | Correspondent lsullivan@zweiggroup.com Tel: 800-466-6275 Fax: 800-842-1560 Email: info@zweiggroup.com Online: www.thezweigletter.com Twitter: twitter.com/zweigletter Blog: blog.zweiggroup.com

MARK ZWEIG, from page 1

out and you’ll succeed. And that’s a fantastic feeling when your goals are lofty. Zweig Group’s revenue grew by 31 percent in 2015. We projected 30 percent. Our projections are for about 48 percent growth in 2016. That may seem crazy to some but I’m convinced we will achieve or exceed these numbers. The reason is commitment. We are committed to do more, doing it faster, and making everything we do the best we can make it. We have great people, great accounting, great marketing, great systems – and great clients. We may fall flat on our faces due to unforeseen difficulties. Should that happen now or in the future you can count on us to get up again (fast) and figure out what we can do better. That’s the American Way! How about you? Are you setting your goals high enough? Is your vision lofty? Or is it most certainly attainable? Maybe it’s time to really do something THIS year. The time has never been better. MARK ZWEIG is founder and CEO of Zweig Group. Contact him at mzweig@zweiggroup.com.

Published continuously since 1992 by Zweig Group, Fayetteville, Arkansas, USA. ISSN 1068-1310. Issued weekly (48 issues/yr.). $475 for one- year subscription, $775 for two-year subscription. Article reprints: For high-quality reprints, including Eprints and NXTprints, please contact The YGS Group at 717-399-1900, ext. 139, or email TheZweigLetter@TheYGSGroup.com. © Copyright 2016, Zweig Group. All rights reserved.

© Copyright 2016. Zweig Group. All rights reserved.

THE ZWEIG LETTER Januray 25, 2016, ISSUE 1136

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