21 December 1999
The first Atlas II Centaur rocket ever to be launched from Vandenberg Air Force Base lifted off into sun-synchronous low earth orbit December 18 from a launch pad that had been completely rebuilt to accommodate larger Atlas launch vehicles by Bechtel National, Inc., under contract to Lockheed Martin Astronautics.
Khrc Officially Inaugurated The Testing Of The New Korea High Speed Rail Ktx
Khrc Officially Inaugurated The Testing Of The New Korea High Speed Rail Ktx
16 December 1999
The Korea High Speed Rail Construction Authority (KHRC) officially inaugurated the testing of the new Korea High Speed Rail KTX (Korea Train Express) today. The new high-speed trains will operate at a maximum speed of 300 kilometers per hour. During today's successful trial runs, speeds were clocked at a test limit of just over 200 kilometers per hour. President Kim Dae-jung was joined by overseas and Korean officials at the project's test track in the countryside south of Seoul to observe the tests. Bechtel is working with KHRC as a part of the Integrated Project Management Organization on the Korea High Speed Rail Project.
13 December 1999
American Electric Power (NYSE: AEP), Bechtel Enterprises Holdings, Inc. and Siemens Power Transmission & Distribution, Inc. announced that they have formed a joint venture company to provide industrial power quality solutions and transmission network enhancements.The new company, Lectrix LLC, will provide unique service guarantees to power quality customers, compensating the companies for losses incurred if power quality problems create production disruptions.
07 December 1999
Bolt, Inc. today announced that the company has closed a significant strategic round of investment from a group including Time Warner, Comcast Interactive Corporation, Entercom Communications Corp., America Online and Ford Motor Company. Also participating were certain of Bolt, Inc.'s original investors, including Highland Capital (an investor in eToys and Ask Jeeves), Oak Investment Partners (Media Metrix, TheStreet.com), Sandler Capital Management (Liberty Media, Univision), and Bechtel Enterprises (Concrete Media).
22 November 1999
Bechtel National, Inc. today announced new responsibilities for the senior managers who head up its operations at U.S. Department of Energy (DOE) sites at Hanford in southeastern Washington and near Las Vegas, Nevada.Summing up the changes, Bechtel National President Thomas F. Hash said that:
16 November 1999
Marathon Ashland Petroleum LLC (MAP) has awarded Bechtel Corporation a lump-sum contract for the technology license, design, and construction of a 34,500-barrel-per-day delayed coker at its Garyville refinery in Louisiana. MAP is owned 62 percent by Marathon Oil Company and 38 percent by Ashland Inc.The MAP delayed coker will be the world's largest two-drum coker, with 30-foot-diameter coke drums. Construction is scheduled to be completed in September of 2001.
09 November 1999
echtel Enterprises Holdings, Inc. and Edison S.p.A. announced that they have finalized an agreement for Edison to acquire a 50 percent interest in International Water Limited (IWL), a major international water development services company owned by Bechtel Enterprises.
08 November 1999
Bechtel Corporation announced today that Robert W. Dove, Thomas F. Hash, John A. MacDonald, and Ronald F. Naventi have been elected senior vice presidents.Dove, 45, is a managing director of Bechtel Enterprises Holdings, Inc., a wholly owned Bechtel subsidiary, and has primary responsibility for the unit's corporate finance transactions, telecommunications development business, and portfolio of technology venture investments. He is a director of the telecommunications development company, Incepta, as well as the joint development power companies, InterGen and InterGen North America. In addition, Dove is a director of BCN Data Systems, BOLT, Concrete Media, and Blueline Online, all companies in which Bechtel Enterprises has investments. Dove joined Bechtel Enterprises in May 1996 after an extensive career in investment banking.
04 November 1999
Bechtel Corporation is entering into a strategic alliance with EquinixSM, Inc. to carry out the largest expansion of Internet interconnection facilities ever contracted. Under the company's $1.2 billion program, Bechtel will build or expand for Equinix more than 30 facilities around the world over the next four years. Equinix and Bechtel will set forth in the final agreement the specific services to be performed by Bechtel at each IBXâ„¢ (Internet Business Exchangeâ„¢) facility location. The IBX facilities will allow content providers, Internet service providers (ISPs), and specialized Internet service companies to install and operate equipment in strategic locations, easing the problems associated with interconnecting disparate systems, services, and networks.
Cisco Drives Industry Standards For Broadband Wireless Internet Services
Cisco Drives Industry Standards For Broadband Wireless Internet Services
26 October 1999
Cisco Systems, Inc., the worldwide leader in networking for the Internet, announced that it is joining forces with 10 leading companies, including technology and integration leader Bechtel Telecommunications, to drive open standards for broadband wireless Internet services.