|AECOM Acquires TSH, Expands in Canada|
425-employee engineering firm will expand AECOM's presence in Canadian infrastructure market
LOS ANGELES--(BUSINESS WIRE)--April 14, 2008--AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has acquired Totten Sims Hubicki Associates (TSH), a Canadian engineering firm based in Whitby, Ontario, that serves clients in a variety of markets, including transportation, facilities and environmental.
TSH, which employs 425 people, will align with AECOM's growth strategy within the Canadian infrastructure market.
"We are excited by the opportunity that TSH provides for AECOM to deliver expert services to clients throughout Canada," said John M. Dionisio, AECOM president and chief executive officer.
Founded in 1962, TSH has completed infrastructure, planning and architectural projects across Canada.
"Joining the AECOM team presents exciting opportunities for our employees and our clients," said Doug Allingham, TSH president. "We look forward to better serving existing clients and reaching new ones, while also providing new professional development opportunities for our employees." Allingham will take on a greater role in the combined organization and will also join AECOM's Leadership Council.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental and energy. With more than 35,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. AECOM serves clients in more than 60 countries and had revenue of $4.2 billion during fiscal year 2007. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, including but not limited to contemplated acquisitions, and any statements regarding future economic conditions or performance. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our annual report on Form 10-Q for the fiscal quarter ended Dec. 31, 2007, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.