The Bechtel Corporation has announced that it is to combine it power and civils units to create an infrastructure "global business unit" (GBU). The new division, which will be among the company’s largest, is intended to provide clients with a one-stop shop for their infrastructure needs.Â
Toby Seay, the president of Bechtel’s power business, will become president of the Infrastructure GBU, which will be headquartered in London. Peter Dawson, president of the company’s civil business, will become head of corporate services and chief financial officer, a position he held previously. Dawson succeeds Mike Adams, who will move to the new strategic projects division, reporting to the company’s chief executive officer.
Bill Dudley, Bechtel’s chief executive, said: "Markets are changing and it’s crucial for us to adapt so that we can continue to deliver the world-class projects customers expect from us. The cities and industrial areas of tomorrow increasingly will be designed and built with roads, airports, ports, rail, water systems, communications, and power integrated into an overall plan. The Infrastructure GBU will be able to meet that need seamlessly."
The business unit will operate through a number of business lines. Civils work will be divided between the Americas, Europe and the Middle East and Asian Pacific divisions. Together with a separate water unit, these groups will handle Bechtel’s masterplanning, urban development, marine, ports, roads, bridges, hydroelectric work, as well as big water (new city water supply systems, major tunnels and canals, tidal protection, wastewater schemes).
The company is also forming a power, aviation and rail division, and creating a new unit that will handle nuclear, security and environmental work. This move is intended to strengthen Bechtel’s nuclear portfolio. Craig Albert, president of the government services business, will lead the new organisation.
Brendan Bechtel, the president of the company, said: "The nuclear, security and environmental business combines our industry-leading government services and nuclear power expertise to deliver more cost-effective solutions for our government and commercial nuclear customers."
Photograph: One they made earlier: Kooragang port in New South Wales (Source: Bechtel)
