1195

BUSINESS NEWS JACOBS SECURES ARCHITECTURAL DESIGN ROLE ON BLACKTOWN AND MOUNT DRUITT HOSPITALS EXPANSION PROJECT IN AUSTRALIA Jacobs Engineering Group Inc. has secured a key architectural design role in the $300 million second phase of the transformational Blacktown and Mount Druitt Hospitals Expansion Project in Australia. The hospital is being built to accommodate population growth in Sydney’s western suburbs. Jacobs will deliver architectural services for stage two of the project, which includes a new emergency ward, ICU, operating theaters, and birthing and maternity departments. The company is also responsible for the electrical, information and communications technology, and security system design for this next stage. “Our selection to participate in phase two is not only a testament to the work of our people during phase one but also the industry knowledge we bring to this landmark project which has set a benchmark for hospital design across Australia,” said Jacobs Senior Vice President, Buildings and Infrastructure, Patrick Hill. “The project has already won a number of significant industry awards and received extensive recognition by industry, government, and the community.” Jacobs was involved in phase one of this project, which began in 2011, providing architectural and engineering design services for the 32,000 square meter, seven story clinical-services building. USAID AWARDS TETRA TECH CONTRACT FOR MOZAMBIQUE MONITORING AND EVALUATION MECHANISM AND SERVICES PROGRAM Tetra Tech, Inc. announced that the U.S. Agency for International Development has awarded the company a $25 million single-award contract to provide monitoring and evaluation services in Mozambique. Under the five-year contract, Tetra Tech will support USAID by providing training, research and evaluations, performance monitoring, data verification, and environmental compliance in the region. USAID/Mozambique manages one of the largest in-country programs in sub-Saharan Africa; however, infrastructure limitations and a dispersed population create challenges to provide effective oversight and management of

Take your advice from Mark Zweig to-go.

the area. Through the Mozambique Monitoring and Evaluation Mechanism and Services program, Tetra Tech will work to close this gap by conducting data quality assessments and by helping to improve the functionality of web- based monitoring and evaluation and reporting systems that use the latest technologies to enable quick, accurate, and cost-effective collection of data. “Tetra Tech has been supporting USAID in Mozambique for many years including developing innovative water utility and infrastructure programs for the country,” said Dan Batrack, Tetra Tech chairman and CEO. “We are pleased to continue to support USAID’s efforts in sub-Saharan Africa by providing highly-skilled, technical experts and data scientists to advance the agency’s objectives in Mozambique.” GRAÑA Y MONTERO MOVES FORWARD WITH ITS ASSETSDIVESTMENT STRATEGY Graña yMontero , a leading engineering and construction company, announced that it closed its third sale of non- strategic assets in order to fulfill the obligations derived from the termination of the Peruvian Southern Gas Pipeline, as it announced as a Relevant Information Communication the past January 26, 2017. Through STRACON GyM, which is a subsidiary specialized in mining services, the Graña y Montero Group has closed the sale for 8.69 percent of its stake in the Canadian company Red Eagle Mining Corporation for $11.5 million, retaining a 3.98 percent stake. For its part, STRACON GyM will continue with the contract it signed with Red Eagle Mining in 2015 to operate the mining project San Ramón, located in Antioquia, Colombia. In November 2016, following the successful completion of its construction, the mine achieved its first gold production and expects to start commercial production by the end of the first quarter of 2017. Recently, the company announced the sale of all of its shares in PRINSUR and in the project Cuartel San Martín de Lima, for $25 million and $50 million, respectively. As a result, the total amount in assets sales adds up to $86.5 million.

thezweigletter.com/category/podcast/

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 and Designer sparkman@zweiggroup.com Liisa Andreassen | Correspondent landreassen@zweiggroup.com

Tel: 800-466-6275 Fax: 800-842-1560

Email: info@zweiggroup.com Online: thezweigletter.com Twitter: twitter.com/zweigletter Facebook: facebook.com/thezweigletter 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 2017, Zweig Group. All rights reserved.

MARK ZWEIG, from page 1

forgiveness and even a little forgetting or you won’t have the mental capacity and energy to deal with what you need to be doing and will instead be dwelling on the past. 4)Stop talking about what the firm used to be or was at one time. You cannot go back to yesterday no matter how badly you might want to. New day. New world. Things aren’t the same. Be a better company for TODAY instead of a warmed up recreation of what you once were. This is important! Look up – and out to the future. You will find it’s not only more productive – it’s more fun! And everyone will even like you more! MARK ZWEIG is Zweig Group’s chairman and founder. Contact him at mzweig@zweiggroup.com.

THE ZWEIG LETTER April 10, 2017, ISSUE 1195

Made with FlippingBook Annual report