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November 9, 2007
Effective Nov. 1st, 2007 WorleyParsons purchased UniField Engineering, Inc. Unifield Engineering, Inc., is now a wholly-owned subsidiary of WorleyParsons. UniField Engineering, Inc. will continue to function much the same as it has, as an independent business unit, though with significantly expanded capabilities and resources.
WorleyParsons (www.worleyparsons.com) is an Australian company that began as a regional facilities service organization similar to UniField. As a successful entity, they grew rapidly in Australia and purchased Parsons E&C in 2004. Parsons E&C had been a unit of Parsons Corporation based in Pasadena, CA. The Parsons E&C purchase resulted in a name change for the organization and brought with it a presence in the United States and several international countries, as well as substantially greater capabilities in large projects and power engineering. Just last February, WorleyParsons purchased Colt Engineering based in Alberta, Canada with a focus on hydrocarbon engineering associated with the northern Alberta tar sands. Currently, WorleyParsons has approximately 24,000 total employees of which 4,000 are in the U.S. and 6,600 in Canada. WorleyParsons business focus is in the following four sectors:
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Hydrocarbons
- Power
- Minerals and Metals
- Infrastructure
You will recognize the first three of the sectors represent a focus identical to that of UniField.
WorleyParsons has elected to purchase UniField as we are a successful business serving similar industrial markets in a region of the U.S. that is new to WorleyParsons, but in a geographical region currently untapped by WorleyParsons. In addition, UniField brings a regional client service culture which is similar to that of WorleyParsons. To UniField, WorleyParsons brings a wealth of experience and resources both domestically and internationally which will further enable UniField to meet the complex service needs of its industrial clients.
As a WorleyParsons company, UniField will serve its clients with the same personal attention as we have to date. As we transition to becoming a WorleyParsons Company over the coming months, we look forward to gaining your input on ways in which we can add value to the services we provide.
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