Bechtel is Top Contractor for Tenth Year

SAN FRANCISCO, California - May 15, 2008 Bechtel has been named the top U.S. contractor for the tenth straight year by Engineering News-Record (ENR), a leading U.S. trade publication for the construction industry.  

“We are proud to be recognized by ENR as the top U.S. construction company,” said Chairman and CEO Riley Bechtel. “We are confident that in 2008 and beyond, our skilled and dedicated employees will continue to build on 110 years of world-class service to our customers.  We continue to focus on the quality of our work.”

Fueled by robust performance across its diversified global portfolio, Bechtel delivered world-class projects. North American operations accounted for 40 percent of its 2007 revenue and generated two-thirds of new work. Business was also strong in Europe, the Middle East, and Africa.

Bechtel’s project highlights for 2007 included High Speed 1 in the United Kingdom, the first high-speed rail project in the UK and Britain's first new railway in a century; the Tacoma Narrows Bridge in Washington, the longest new suspension span built in the U.S. in 40 years; Equatorial Guinea LNG, a liquefied natural gas processing facility that will supply at least 3.4 million tons of energy to the market annually; the Fjarðaál aluminum smelter, Bechtel’s first project in Iceland and the largest private investment in Iceland’s history; and Brown's Ferry Unit 1 in Alabama, the first nuclear reactor to come into service in more than a decade.

The ENR Top 400 Contractors’ list is based on construction revenue. See a description of ENR’s ranking in ENR’s Top 400 Contractors’ issue here

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.