AMEC:AGRA
AGRA
AGRA Inc. is a Canadian based engineering, construction and technology services
company. On February 16, 2000 AGRA Inc. and AMEC Plc announced a merger agreement.
The deal was completed on April 20, 2000 when AGRA officially changed its name
to AMEC and adopted a new AMEC global brand identity. The combination of AGRA
and AMEC significantly strengthened AMEC's foothold in North America.[lxviii]
AMEC's operating subsidiaries and related North American companies, including
AGRA Earth and Environmental, AGRA Systems, AGRA Monenco, AGRA Simons, and Morse
Diesel International Inc. initially continued to operate under their current
names. They adopted the AMEC identity on January 1, 2001
AGRA Earth and Environmental
One of North America's largest full service environmental consulting firms,
having 18 offices in the United States, 42 in Canada and 5 in other nations[lxix]
AGRA Systems
Provider of professional IT solutions
AGRA Monenco
Engineering firm
AGRA Simons
A leader in the provision of engineering and project management services for
the forestry, mining and consumer products industries.
Morse Diesel International
Inc. [now AMEC Construction Management Inc.]
Morse Diesel International Inc. is one of the largest construction management
and consulting companies in the world. The bulk of
AMEC's turnover in construction
management comprises Morse Diesel's activities in the US[lxx]
CEO Pete Mason (formerly President & CEO of AGRA), in conversation with
The Wall Street Transcript, about the strategic thinking behind the merger with
AGRA Inc.: "One of the attractions of AGRA was that out of 6,500 employees
it had 3,500 associated with the design process. In AGRA we see a leading North
American professional services group, specialising in engineering and environmental
activities, and it also has an advanced technology solutions business. AGRA
brings a number of key industries to us, including oil and gas in North America,
fine chemicals, consumer products, mining and forest products. So AGRA brought
good design, systems skills and substantially increased the new AMEC in that
regard."[lxxi]
AGRA's activities have included the following:
Footnotes
[lxviii] 'Agra officially changes its name to AMEC', source: Alexander's
Gas and Oil Connections, Company News: Europe, Volume 5, issue 10, 09.06.2000,
available online at: 09.06.2000http://www.gasandoil.com/goc/company/cne02346.htm,
date viewed: 24.02.02
[lxix] 'New Name, New Leader for AGRA Earth & Environmental', source: Water
and Wastewater.Com Newsletter, Vol. 2, No. 25, September 11, 2000. Available
online at:
http://www.waterandwastewater.com/www_services/newsletter/september_11_2000.htm
(date viewed: 24.02.02)
[lxx] 'Knowledge, Innovation and Technology', AMEC plc Annual Report and Accounts
2000, page 30
[lxxi] http://twst.com/notes/articles/kas001.html (source: The Wall Street Transcript,
date viewed: 24.02.02)