Friday, June 6, 2008

Heery International Tops $1 Billion in Revenues with Latest Acquisition

BUSINESS WIRE--With the acquisition of San Diego-based Douglas E. Barnhart, Inc. announced today, Heery International has topped the $1 billion mark in revenues. This is Heerys sixth acquisition in four years and its third in California. In January 2005, Heery acquired JCM Group, a Los Angeles-based construction program management group, and JCM Facilities Planning & Management, a Long Beach-based specialist in interior space planning and move management.

Douglas E. Barnhart, Inc. is the largest builder and construction manager in San Diego, as ranked by the San Diego Business Journal and San Diego Daily Transcript. The firm is also ranked among the top 15 builders in California, among the top 120 nationally, and the sixth largest educational builder in the nation, as ranked by Engineering News Record. In March, Douglas E. Barnhart, Inc. was awarded the 2008 Grand Award for Safety Excellence from the Associated General Contractors, which is awarded to the company with the best safety program nationally.

Barnharts high profile projects include PetCo Park, San Diego State University College of Arts and Letters, San Diego Lindbergh Field Terminal 2 Expansion, California State University Los Angeles Student Union, Lewis Library and Technology Center, Mission Viejo City Hall, Abraham Lincoln High School Reconstruction and the City of Indian Wells Golf Clubhouse.

Current projects include University of California at San Diego Supercomputer Center Expansion, San Diego Mesa College Parking Structure, California State University San Bernardino College of Education, Chino Hills Government Center, Oxnard College Student Services Center, Pasadena City College Campus Center and IT Building, Del Norte High School, Ronald McDonald House of San Diego, as well as school renovation bond programs for Poway, Oceanside, Tustin and Santee school districts, among others.

Our strategic plan calls for serving the California market with a variety of skills, explains Heery Chairman/CEO Jim Moynihan. Barnhart adds a strong construction management at risk and design build capability to our existing operations in one of the largest markets in the U.S., if not the world. California ranks among the top ten economies in the world.

Nationwide, Heerys primary services include architecture, engineering, facilities management, interior design, program management, construction management and design build. Heery is one of the leading construction program managers in the country for K-12 schools and government projects. Heery also provides design expertise in healthcare, justice, sports and commercial projects.

Heery International is an 1100-person architecture, interior design, engineering, facility management, program management, construction management and design build firm, which now has annual revenues of nearly $1.2 billion. The firm is actively engaged in more than $6 billion in design and construction projects per year. Heerys nationwide project portfolio includes the University of Texas Daryl K Royal Memorial Stadium and the University of Virginia Scott Stadium, large federal courthouses in Orlando, Richmond and Charlotte, healthcare facilities for the U.S. Department of Defense and the Department of Veterans Affairs, as well as public and private facilities, such as the University of Iowa Hospitals & Clinics and Shepherd Center in Atlanta; the historic renovation of the National Archives Main Building and the Department of Treasury; large government complexes, such as the new Food and Drug Administration campus in White Oak, Md., several buildings at Oak Ridge National Laboratory in Tennessee; civic structures such as the Georgia Aquarium; and large urban school systems around the country, including Los Angeles, Seattle, Houston, Youngstown and Nashville. Heery is organized on a regional basis with thirty offices located throughout North America. Heery is ranked annually among the top professional services firms by industry publications such as Engineering-News Record, World Architecture and Building Design & Construction.



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