Black & Veatch
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Company type | Employee-Owned |
---|---|
Industry | Engineering, procurement, and construction, and consulting |
Founded | Kansas City, Missouri (1915) |
Headquarters | Overland Park, Kansas |
Areas served | Power, water, telecommunications, oil and gas, mining, government, data centers, banking and finance |
Key people | Mario Azar, Chairman and CEO
Andrea Bernica, Senior Vice President and Chief of Staff Laszlo von Lazar, President, Energy & Process Industries Hoe wai Cheong, President, Asia-Pacific & India Barry Clegg, President, Black & Veatch Operations Joy Johnson, Interim Chief Human Resources Officer Mike Orth, President, Governments & Environment Dave Hollowell, President, Connectivity & Commercial Michael Williams, Chief Financial Officer Irvin Bishop Jr., Chief Information Officer Timothy W. Triplett, Board Secretary, General Counsel Patrick Hogan, Chief Client Officer |
Services | Asset management, consulting, data analytics, EPC and design build, operations, physical and cybersecurity, program and construction management, sustainability |
Revenue | $4.25 billion (2022) |
Number of employees | Approximately 11,000 (2022) |
Black & Veatch (BV) is a global engineering, procurement, consulting and construction company based in the Kansas City metropolitan area. Founded in 1915 in Kansas City, Missouri it is now headquartered in Overland Park, Kansas. It specializes in infrastructure development in power, oil and gas, water, telecommunications, government, mining, data centers, smart cities and banking and finance markets.[1]
In 2022, BV was the 9th largest 100% employee-owned company in the United States.[2] In 2022, the company reported total revenue of $4.25 billion.[3] According to Engineering-News Record (ENR) magazine, Black & Veatch is the 14th-largest design firm in the United States based on revenue for design services performed in 2022.[4] In its annual ENR 500 rankings, the magazine also reports that BV is the nation's 3rd largest provider of design services to the Power market, 5th largest in Telecommunications, 8th largest in Water and 11th largest in Sewer and Waste.
BV has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents.[5]
History
Black & Veatch was formed in 1915 when Ernest Bateman (E.B.) Black dissolved his partnership with J.S. Worley and created a new firm with Nathan Thomas Veatch. Black and Veatch met while attending the University of Kansas.[1]
Company timeline
- 1915 Ernest Bateman Black and Nathan Thomas Veatch form a partnership called Black & Veatch with 12 employees on the payroll.[6]
- 1940 The War Department requests that Black & Veatch rebuild Camp Robinson in Little Rock, Arkansas. Other camp projects include Camp Chaffee in Fort Smith, Arkansas, Camp Hale in Pando, Colorado, and other military installations in the Midwest.[7]
- 1948 Work begins for the Atomic Energy Commission at Los Alamos, New Mexico.[7]
- 1950 N.T. Veatch appointed by President Harry Truman to the President's Water Pollution Control Advisory Board.[8]
- 1963 Black & Veatch International is formed.[7]
- 1964 Black & Veatch opens its first regional office in Denver, CO to design a 100 million gallon per day water treatment plant by the Denver Water Board of Colorado.[9]
- 1967 Black & Veatch wins a contract to produce a 60-megawatt power generating unit for Yanhee Electricity Authority of Thailand, now known as EGAT, Electricity Generating Authority of Thailand.[9]
- 1976 Black & Veatch opens new building at 11401 Lamar Avenue in Overland Park, Kansas.[7]
- 1985 Black & Veatch acquires Pritchard Corporation.[9]
- 1988 Black & Veatch power division introduces a new computer-aided engineering and project management system called POWRTRAK to be more time efficient and capture new business.[9]
- 1993 Black & Veatch forms UK-based partnership with UK business Tarmac following the latter's acquisition of the privatised UK government agency PSA Projects in 1992.[10] This was initially called TBV Consult; after the partnership was discontinued, it was renamed Tarmac Professional Services in 1998,[11] and became part of Carillion in 1999.[12]
- 1995 Black & Veatch merges with Binnie & Partners.[13]
- 1996 Black & Veatch acquires Paterson Candy Ltd., a UK-based water treatment process contractor and expands building at 11401 Lamar Avenue.[9]
- 1999 Black & Veatch changes company structure from general partnership to an employee-owned corporation.[14]
- 2005 Black & Veatch acquires RJ Rudden Associates, Lukens Energy Group, and Fortegra,[15] a move that doubles the size of its management consulting business.[9]
- 2006 Black & Veatch acquires the water business of MJ Gleeson in the UK, more than doubling the size of its existing UK water operations.[16]
- 2008 Black & Veatch selected by Eskom to provide project management and engineering services for a 4,800 megawatt power generation facility in South Africa.[17]
- 2009 Black & Veatch repurchases 11401 Lamar Avenue office building in Overland Park, Kansas, and establishes the location as the company's World Headquarters.[18]
- 2009 Black & Veatch launched the infraManagement Group LLC (www.inframanagementgroup.com), a wholly owned subsidiary to assist asset owners with management of water, wastewater, and power-generating assets.[19]
- 2010 Black & Veatch acquired Enspiria Solutions Inc. to expand its scope of smart-grid services.[20]
- 2013 Steve Edwards assumes role as Black & Veatch Chairman, President, and CEO.[9]
- 2015 Black & Veatch celebrates its 100th anniversary.[9]
- 2018 Black & Veatch and the University of Missouri release a report on the Missouri Hyperloop[21]
- 2020 Black & Veatch names Irvin Bishop Jr. as chief information officer[22]
- 2021 The Europe and Asian water businesses of Black & Veatch were acquired by RSK Group and renamed Binnies.[23]
Ukraine arm: BTRIC
In 2008, the Defense Threat 123 Agency (DTRA) awarded BV the first of its Biological Threat Reduction Integrating Contracts (BTRIC). The five-year IDIQ contract has a collective ceiling of $4 billion among the five selected contractors. DTRA awarded BV, as Integrating Contractor, the first BTRIC in Ukraine in 2008, which "is a vital part" of the Cooperative Threat Reduction (CTR) and Biological Threat Reduction (BTR) program of the DTRA. The Implementing (Executive) Agents were three in number: the Ukraine Ministry of Health, Ukraine Academy of Agrarian Sciences and Ukraine State Committee for Veterinary Medicine.[24]
In 2010, BV commissioned Ukraine's first Bio-Safety Level 3 laboratory. This was the first BSL-3 laboratory commissioned for the DTRA.[25] Constructed by Black & Veatch under the "to renovate a decades-old facility into a state-of-the-art diagnostics laboratory that will become the nexus of Ukraine’s biosurveillance network... Ukrainian personnel in molecular diagnostics, biosafety, operations and maintenance, and laboratory management techniques" were trained over three years from 2010 to "provide Ukrainian scientists with the necessary resources to manage the BSL-3 laboratory and the Ukrainian biosurveillance system."[26]
References
- ^ Our Markets. Archived 2019-10-11 at the Wayback Machine Black & Veatch, 27 February 2017.
- ^ "The Employee Ownership 100: America's Largest Majority Employee-Owned Companies | NCEO". www.nceo.org. Retrieved 2023-08-12.
- ^ King, Mary (January 4, 2023). "As Black & Veatch tops $4B in revenue, new CEO wants the firm to 'build the future'". www.bizjournals.com. Retrieved 2023-08-12.
- ^ "ENR 2023 Top 500 Design Firms Preview | Engineering News-Record". www.enr.com. Retrieved 2023-08-12.
- ^ Worldwide Locations. Black & Veatch, 27 February 2017.
- ^ "History | Black & Veatch". www.bv.com. Retrieved 2023-08-12.
- ^ a b c d FundingUniverse.com.
- ^ Oral History Interview with Nathan Thomas (Tom) Veatch. Harry S. Truman Library
- ^ a b c d e f g h Black & Veatch History. Archived 2017-12-01 at the Wayback Machine Black & Veatch, 28 Feb. 2017
- ^ "Tarmac buys PSA Projects". Independent. 1 October 1992. Retrieved 16 January 2018.
- ^ History "original". TPS Consult. Archived from the original on 18 November 2013. Retrieved 16 January 2018.
{{cite web}}
: CS1 maint: bot: original URL status unknown (link)from the "original". TPS Consult. Archived from the original on 18 November 2013. Retrieved 16 January 2018. - ^ "Tarmac to split in two". BBC News. 16 March 1999. Retrieved 13 July 2008.
- ^ "Black & Veatch and Binnie consortium | Water Desalination Report". Archived from the original on 2010-03-08. Retrieved 2010-10-26. "Black & Veatch and Binnie consortium." Water Desalination Report. May 11, 1995.
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 2010-10-27. Retrieved 2010-10-26.
{{cite web}}
: CS1 maint: archived copy as title (link) Chief Executive Magazine, September/October 2010 issue - ^ "Black & Veatch Acquires Fortegra". Archived from the original on 2011-07-16. Retrieved 2010-10-26. "Black & Veatch acquires Fortegra." Water & Wastewater, October 11, 2005.
- ^ "B&V Acquires MJ Gleeson's Water Business". Archived from the original on 2011-07-16. Retrieved 2010-10-26. Water & Wastewater, November 2, 2006
- ^ Kansas City Business Journal, May 8, 2008
- ^ Black & Veatch completes purchase of world HQ building. Kansas City Business Journal. July 6, 2009.
- ^ Kansas City Business Journal, October 19, 2009.
- ^ Kansas City Business Journal.
- ^ "Missouri's Blue Ribbon Panel on Hyperloop releases its report (Video)". Kansas City Business Journal. 28 October 2019. Retrieved 2 July 2020.
- ^ "Black & Veatch hires digital strategist Irvin Bishop Jr. As CIO". www.bizjournals.com. Retrieved 2020-08-25.
- ^ "RSK acquisition marks the return of Binnies". The Construction Index. 21 December 2020. Retrieved 11 February 2021.
- ^ "BTRIC Ukraine". Black & Veatch Holding Company.
- ^ "DTRA selects Black & Veatch to work in Ukraine". United Press International. 9 October 2012.
- ^ "State-of-the-Art Diagnostics Laboratory Helps Make the World Safer". Black & Veatch Holding Company. n.d.
- Employee-owned companies of the United States
- Companies based in Overland Park, Kansas
- Companies based in Kansas City, Missouri
- Engineering companies of the United States
- International engineering consulting firms
- Engineering consulting firms of the United States
- Consulting firms established in 1915
- Construction and civil engineering companies established in 1915
- 1915 establishments in Missouri
- Technology companies established in 1915