Weekly Briefing

EFCG's summary of this week's news across the A/E/C industry

Week of March 28, 2022

US Taps $420M to Boost Water Supplies Hit by Climate Change

• The US Interior Department confirmed that $420 million would be spent supporting water infrastructure projects across Iowa, Minnesota, Montana, New Mexico, North Dakota, and South Dakota. The total infrastructure investment in Western-U.S projects will be $5 billion.
• Rural water projects are expected to receive 20% of the $5 billion federal support and funding following increased concerns about drought worsened by climate change, especially in the Western US, a region suffering a 20-year mega-drought.
• Critical infrastructure that supports improved service delivery and inclusivity for Native American tribes will also receive federal capital. Tens of thousands of the Navajo nation have yet to obtain access to running water, an example of Native American infrastructure is considerably underfunded.

March 26, 2022

American Engineering Testing, Inc. (AET), a Minnesota-based geotechnical, pavement, environmental, and materials engineering and testing firm, has acquired Northern Technologies, LLC (NTI), a Minnesota-based geotechnical, forensic engineering, and environmental consulting services firm. The presence of AET in North Dakota will be strengthened, as existing offices in Rapid City, South Dakota, and St Paul, Minnesota, will be supported by three new offices in Bismark, Fargo, and Grand Fargo. This acquisition leverages NTI and AET’s combined technologies, resources, and expertise broadening access to capabilities in engineering and construction materials testing for new and existing clients in Minnesota and South Dakota.

March 30, 2022

Egis Group (Egis), a Guyancourt-France-based engineering, infrastructure, and engineering consulting firm, has acquired WME, a Dubai-based, multi-disciplinary engineering and built environment consulting firm. This acquisition follows two of Egis’ purchases earlier this year: UK-based architects Weston Williamson + Partners and a top 10 Chinese design practice. WME’s strong regional presence in the Middle East and India supports Egis’ global expansion efforts to become a global leading engineering firm. “WME is an ideal fit for Egis. The quality of the skillset it brings will drive substantial value for our employees and clients in the Middle East and beyond,” said Egis’ CEO, Laurent Germain.

March 31, 2022

px Group, a Stockton-on-Trees-UK-based integrated infrastructure solutions firm, has acquired Fairport Engineering Ltd (Fairport), a Lancashire-UK-based mechanical and industrial engineering company. The acquisition also includes FairPort’s Sunderland arm. This merger will leverage Fairport’s materials handling design, manufacturing, and construction capabilities, supporting px Group’s international expansion in operational work outside the UK. px Group now has a physical presence in Scotland, the North West, and the North East of England with additional capabilities in materials such as fuels and feedstocks and products from single industrial plants and large-scale sites.

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This Week's Briefing by:

Clay Han

chan@efcg.com

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