SNC-Lavalin

SNC-Lavalin

Infobox_Company
company_name = SNC-Lavalin Group Inc.
company_
company_type = Public (tsx|SNC)
foundation = 1911
location = Montreal, Quebec, Canada
key_people = Gwyn Morgan (Chairman)
Jacques Lamarre (President & CEO)
industry = Construction Services
products = Engineering Services, Project Management, and Procurement
revenue = C$6,731.5m (2007)
operating_income =C$174.4m (2007)
net_income =C$153.2m (2007)
num_employees = 20,000 (2008)cite web |url=http://zenobank.com/index.php?symbol=CA;SNC&page=quotesearch |title=Company Profile for SNC Lavalin Group Inc (CA;SNC) |accessdate=2008-10-09]
homepage = [http://www.snclavalin.com/ www.snclavalin.com]

SNC-Lavalin Group Inc. (tsx|SNC) is a large Canadian engineering firm. One of the ten largest engineering firms in the world, it is based in Montreal, Quebec.

History

The company was originally established by Arthur Surveyer in 1911. Surveyer went on to form a partnership with Emil Nenniger and Georges Chênevert known as "Surveyer, Nenniger & Chênevert". This was eventually abbreviated to "SNC". In 1991, SNC merged with another of the largest Canadian engineering firms, "Lavalin" (created in 1936 by Lalonde & Valois, and headed since 1962 by the Lamarre family) to become "SNC-Lavalin".

Operations

The company has interests in transportation, construction, hydroelectricity, mining and metallurgy, oil and gas, chemical engineering, petroleum engineering, aerospace engineering, defence, nuclear, environment, agriculture, pharmaceuticals and telecommunications.

Munitions Sales

SNC-Lavalin sold its previously held subsidiary SNC technologies to General Dynamics Corp, one of the largest munition manufacturers in the world. SNC Tech have a contract with the U.S. Military to manufacture 500,000,000 bullets per year, for 12 years. Before the sale, activist campaigns had accused SNC-Lavalin of war crimes, and called for an end to the arms sales. [ [http://www.nowtoronto.com/issues/2005-05-12/news_story.php Bullets over Bay Street] ]

Major projects

*The James Bay Project for the James Bay Energy Corporation (completed in 1979) [ [http://findarticles.com/p/articles/mi_gx5202/is_/ai_n19123097 International Directory of Company Histories] ]

*The Brun-way project to twin the New Brunswick portion of the Trans-Canada Highway, adding a second highway parallel to the existing one (completed in 2007) [ [http://www.dailycommercialnews.com/article/20050210800 SNC-Lavalin and partner win $543.8m contract] ]

*The William R. Bennett Bridge in Kelowna, British Columbia (completed in 2008) [ [http://www.th.gov.bc.ca/WilliamRBennettBridge/updates/WRBennett_Bridge_preferred_proponent.pdf SNC-Lavalin chosen to deliver William R. Bennett Bridge] ]

*The Canada Line, an extension of the SkyTrain rapid transit system in Vancouver (due to be completed in 2009) [ [http://www.canadaline.ca/files/uploads/docs/doc177.pdf Best and Final Offer Stage Report & Recommendations] ]

* The Goreway power plant in Ontario (due to be completed in 2009) [ [http://www.canada.com/montrealgazette/news/business/story.html?id=012aac70-2a01-4abb-aeed-5e45fad19ad0 SNC Lavalin powers up strong earnings] ]

*The Ambatovy nickel and cobalt mining and preparation plant in Madagascar (due to be completed in 2010) [ [http://www.marketwirecanada.com/mw/rel_ca.jsp?id=763874&k= Ambatovy sponsors reach agreement] ]

*Blue22 rail link to Toronto Pearson International Airport (no scheduled date for completion) [ [http://www.tc.gc.ca/mediaroom/releases/nat/2003/03-h132e.htm Transport Minister announces winning proposal] ]

References

See also

*SNC Lavalin scandal

External links

* [http://www.snclavalin.com/en/index.aspx SNC-Lavalin]
* [http://www.snclavalinprofac.com/ SNC-Lavalin ProFac]


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