Results 1 to 38 of 38

Thread: Stantec becomes one of worlds largest design firms

  1. #1

    Default Stantec becomes one of worlds largest design firms

    Acquires Colorado HQ, MWH Global Inc in major transaction - exciting stuff:

    http://www.mysask.com/portal/site/ma...tte.cachetoken

  2. #2
    C2E Long Term Contributor
    Join Date
    Feb 2006
    Location
    Downtown Edmonton
    Posts
    42,272

    Default

    Yup, absolutely massive move for them.
    www.decl.org

    Ottawa-Edmonton-Vancouver-Edmonton

  3. #3
    C2E Hard Core Contributor
    Join Date
    Jul 2006
    Location
    Edmonton, Alberta
    Posts
    3,976

    Default

    I sure Hope they have not bitten off more than they can chew.
    “Canada is the only country in the world that knows how to live without an identity,”-Marshall McLuhan

  4. #4

    Default

    ^that's how you learn and get bigger and even better

  5. #5
    C2E Hard Core Contributor
    Join Date
    Jan 2008
    Location
    Edmonton
    Posts
    2,272

    Default

    ^^Without risk there is no potential for reward.

    Looking quickly at their website, MWH is involved in designing, building and sometimes operating water and drainage infrastructure. This type of infrastructure remain one of the most regulated throughout the world, with steady if not spectacular rates of return. If anything, with this acquisition, Stantec may be making itself less vulnerable to economic downturns.

  6. #6
    C2E Hard Core Contributor
    Join Date
    Feb 2014
    Posts
    2,591

    Default

    I think this is great future thinking. Water is essential to life, and our water and wastewater systems are woefully inadequate for the coming climatic changes in the next several decades.

    Governments across the world are going to need to spend billions upon billions of dollars upgrading their water infrastructure just to keep people alive. At the same time, more frequent flood and drought occurrences will mean the need for more effective drainage infrastructure, and wetland engineering will move to the forefront given the keystone position wetlands hold in groundwater regeneration, flood mitigation etc.

    Developing a high end skillset in these areas will position them well to take advantage of this.

  7. #7

    Default

    damn smart move on their part for this acquisition!

  8. #8
    I'd rather C2E than work!
    Join Date
    Mar 2010
    Location
    Edmonton (belevedre)
    Posts
    6,329

    Default

    good move for this company ...2 big thumbs way up !!
    Edmonton Rocks Rocks Rocks

  9. #9
    C2E Hard Core Contributor
    Join Date
    Jan 2008
    Location
    Edmonton
    Posts
    2,272

    Default

    A historical vignette from 2003 about Stantec from the ever excellent Lawrence Herzog:

    The story of today's Stantec reaches back to 1954, when Dr. Don Stanley, a Harvard PhD in environmental engineering, began his DR Stanley Associates, a one-man consulting operation based in Edmonton. Dr. Stanley sent out 600 letters to potential clients and drove 27,000 kilometres in four months visiting small communities in Western Canada.

    His perseverance landed him two small municipal water and sewer projects. For most of the next two decades, Stanley kept the focus on municipal water and wastewater projects and, by the early 1970s, staff had increased to 300 and the company was called Stanley Associates Engineering Ltd.
    Link: http://yegishome.ca/news/2003/07/03/...ng-for-the-top

    Given Stantec's beginnings, this acquisition has a bit of a 'back to the future' feel to it.

  10. #10

    Default

    Quote Originally Posted by East McCauley View Post
    A historical vignette from 2003 about Stantec from the ever excellent Lawrence Herzog:

    The story of today's Stantec reaches back to 1954, when Dr. Don Stanley, a Harvard PhD in environmental engineering, began his DR Stanley Associates, a one-man consulting operation based in Edmonton. Dr. Stanley sent out 600 letters to potential clients and drove 27,000 kilometres in four months visiting small communities in Western Canada.

    His perseverance landed him two small municipal water and sewer projects. For most of the next two decades, Stanley kept the focus on municipal water and wastewater projects and, by the early 1970s, staff had increased to 300 and the company was called Stanley Associates Engineering Ltd.
    Link: http://yegishome.ca/news/2003/07/03/...ng-for-the-top

    Given Stantec's beginnings, this acquisition has a bit of a 'back to the future' feel to it.
    and so... What have we named after the guy? Any roads, parks, facilities, statues?

  11. #11
    Becoming a C2E Power Poster
    Join Date
    Sep 2012
    Location
    Downtown Edmonton
    Posts
    235

    Default

    A statue for Dr. Don Stanley. We have so few statues in Edmonton.

    After all, someone wants to a put up a statue of James “Logan” Howlett aka "Wolverine" in Edmonton.

    Both of these would sure be better than that ugly public art popping up down in the Quarters and the by the Shaw. I wonder how much that cost the city?

  12. #12
    C2E Hard Core Contributor
    Join Date
    Dec 2006
    Location
    Edmonton, AB
    Posts
    2,390

    Default

    Quote Originally Posted by David Jackson View Post
    A statue for Dr. Don Stanley. We have so few statues in Edmonton.

    After all, someone wants to a put up a statue of James “Logan” Howlett aka "Wolverine" in Edmonton.

    Both of these would sure be better than that ugly public art popping up down in the Quarters and the by the Shaw. I wonder how much that cost the city?
    A monument to capitalism is in no way better than original art.

  13. #13

    Default

    Quote Originally Posted by AAAAE View Post
    A monument to capitalism is in no way better than original art.
    How about a monument to someone who created jobs, that allowed people to feed their families well, and live better lives? It is certainly in no way worse than art.

  14. #14
    C2E Stole my Heart!!!!
    Join Date
    Jun 2007
    Location
    Ozerna, North Edmonton
    Posts
    8,351

    Default

    Gary Lamphier: Stantec anchors Edmonton's new downtown 'engineering hub'

    GARY LAMPHIER, EDMONTON JOURNAL

    A week after closing the biggest deal in his company’s 62-year history, Stantec CEO Bob Gomes should have some interesting insights to share Thursday when he addresses the downtown business association’s annual spring luncheon.

    Stantec’s $1-billion acquisition of Colorado-based water infrastructure specialist MWH Global expands the Edmonton-based engineering giant’s staff to roughly 22,000 people, and its corporate footprint to more than 25 countries.

    With a market value of more than $3 billion, Stantec is Edmonton’s most valuable publicly traded company. In 2018, when it moves into its new downtown headquarters in the city’s burgeoning Ice District, Stantec will have the splashy digs to match.

    At more than 60 storeys, the imposing new Stantec Tower, immediately south of Rogers Place, will rank among the tallest office buildings in Canada.
    http://edmontonjournal.com/opinion/c...ngineering-hub

  15. #15
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    'engineering hub'
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  16. #16

    Default

    Quote Originally Posted by expat View Post
    'engineering hub'
    'not a troll'

  17. #17

    Default

    Quote Originally Posted by expat View Post
    'engineering hub'
    Fixed your smiley for you.
    Let's make Edmonton better.

  18. #18
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by Medwards View Post
    Quote Originally Posted by expat View Post
    'engineering hub'
    'not a troll'
    Could you name all the other engineering companies currently, or soon to be, setting up shop in said `hub`?
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  19. #19

    Default

    ^ could you name all the Vancouver based engineering firms with over 15,000 employees?
    Let's make Edmonton better.

  20. #20
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by JayBee View Post
    ^ could you name all the Vancouver based engineering firms with over 15,000 employees?
    No and why?.. Correct me if I`m wrong, but no Vancouver development is being hyperbolically proclaimed as some sort of `engineering hub`bassed on ONE tenant.
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  21. #21
    C2E Stole my Heart!!!!
    Join Date
    Jun 2007
    Location
    Ozerna, North Edmonton
    Posts
    8,351

    Default

    I count six (you will need your second hand to get that high) from the article that was provided.

    You can't even troll right lol, truly pathetic

    Once MCW Hemisphere makes the move downtown it will be surrounded by several other major engineering firms, including U.S. giant Jacobs — just to the west, in Epcor’s former Jasper Avenue head office — and Williams Engineering, in the two-storey First & Jasper development.

    Meanwhile, Associated Engineering moved its head office in January to ATB’s renovated former headquarters at Jasper and 99 Street, now known as 9Triple8 Jasper. With 900 employees across Canada and 220 in Edmonton, Associated is a sizable national player.

    At the west end of Jasper Avenue, Montreal-based WSP Global — yet another engineering giant with a big national footprint — will soon move into Associated’s redesigned and upgraded former home, to be rebranded as WSP Place.

    “Cumulatively, this has happened almost serendipitously over the last couple of years,” Taylor says. “So suddenly we’re getting this engineering cluster downtown.”
    Last edited by Hilman; 19-05-2016 at 12:04 AM.

  22. #22

    Default

    ^^ so you admit you don't know what the term means.
    Let's make Edmonton better.

  23. #23
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by Hilman View Post
    I count six, maybe try reading the link that was provided?

    You can't even troll right lol, truly pathetic.

    Once MCW Hemisphere makes the move downtown it will be surrounded by several other major engineering firms, including U.S. giant Jacobs — just to the west, in Epcor’s former Jasper Avenue head office — and Williams Engineering, in the two-storey First & Jasper development.

    Meanwhile, Associated Engineering moved its head office in January to ATB’s renovated former headquarters at Jasper and 99 Street, now known as 9Triple8 Jasper. With 900 employees across Canada and 220 in Edmonton, Associated is a sizable national player.

    At the west end of Jasper Avenue, Montreal-based WSP Global — yet another engineering giant with a big national footprint — will soon move into Associated’s redesigned and upgraded former home, to be rebranded as WSP Place.

    Cumulatively, this has happened almost serendipitously over the last couple of years,” Taylor says. “So suddenly we’re getting this engineering cluster downtown.”
    Read: Someone just noticed that there are half a dozen vaguely related companies within spitting diatance of each other and it`s suddenly the engineering equivalent of silicon valley... `Hub` my arse.
    Last edited by expat; 19-05-2016 at 12:13 AM.
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  24. #24

    Default

    ^ expat can't answer his questions.
    Let's make Edmonton better.

  25. #25
    C2E Stole my Heart!!!!
    Join Date
    Mar 2007
    Location
    Sherwood Park, AB
    Posts
    9,909

    Default

    I believe Worleyparsons scaled back significantly on their South Edmonton office. What would be a real coup would be Calgary's operations relocating to Edmonton (e.g., AMEC)
    "Talk minus action equals zero." - Joe Keithley, D. O. A.

  26. #26
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    The engineering sector is a tough go right now. They were the fastest growing industry a few years ago and the reason the office market was very robust,” Wosnack says. “That same industry right now is downsizing, so it’s our version of the energy sector in Calgary.
    Not as sexy as the `hub` thing, but in reality much more newsworthy...
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  27. #27

    Default

    ^ So, for the third time, what does "engineering hub" mean?

    A better troll would know when they're pinned and run away.
    Let's make Edmonton better.

  28. #28
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by JayBee View Post
    ^ So, for the third time, what does "engineering hub" mean?

    A better troll would know when they're pinned and run away.
    A handful of companies playing musical chairs to get a cheap deal on surplus vacant office space?.. Do I win a prize now?
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  29. #29

    Default

    ^ nope. Keep trying. Let me know when you want a hint.
    Let's make Edmonton better.

  30. #30
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by JayBee View Post
    ^ nope. Keep trying. Let me know when you want a hint.
    Go for it champ, knock yourself out.
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  31. #31

    Default

    Why do I need to? You're the one implying that it isn't one.

    edit - oh, I get it, that's your way of asking for a hint. Oops. Well as promised then...

    Try forming a sentence around each of:
    • Resumes
    • Synergies
    • Post secondary education
    Last edited by JayBee; 19-05-2016 at 01:37 AM.
    Let's make Edmonton better.

  32. #32
    C2E Super Addict
    Join Date
    Nov 2012
    Location
    Beautiful BC
    Posts
    1,657

    Default

    Quote Originally Posted by JayBee View Post
    Why do I need to? You're the one implying that it isn't one.

    edit - oh, I get it, that's your way of asking for a hint. Oops. Well as promised then...

    Try forming a sentence around each of:
    • Resumes
    • Synergies
    • Post secondary education
    As a recent engineering graduate from the University of Alberta. I can confidently say that 70-80% of new graduates are currently unemployed.
    #1300
    A post from this afternoon covers most of those bases. Ask them how they feel about the `hub`.
    "The only really positive thing one could say about Vancouver is, it’s not the rest of Canada." Oink (britishexpats.com)

  33. #33

    Default

    ^ Yeah, call the papers, it's a down year and it takes time to get established anyways, but I assure you, doubtlessly better than they do about Vancouver's 'nub'.
    Let's make Edmonton better.

  34. #34
    C2E Stole my Heart!!!!
    Join Date
    Dec 2009
    Location
    Downtown Edmonton
    Posts
    8,653

    Default

    Someone in another thread had asked for examples of firms that had moved downtown recently. That article highlights one in MCW Hemisphere. They're not massive like Stantec, but they're a floor of a tower that's filled. Not sure if WSP is new to the downtown, as well.

  35. #35
    I'd rather C2E than work!
    Join Date
    Mar 2007
    Location
    City of Champions
    Posts
    6,989

    Default

    Although Stantec has bought numerous other engineering firms in a variety of fields over the years, if they are run somewhat autonomously then it would be a bit of a hub.

  36. #36
    C2E Continued Contributor
    Join Date
    Jun 2006
    Location
    Edmonton
    Posts
    1,571

    Default

    Quote Originally Posted by The_Cat View Post
    I believe Worleyparsons scaled back significantly on their South Edmonton office. What would be a real coup would be Calgary's operations relocating to Edmonton (e.g., AMEC)
    I'd say that a 'real coup' would be for Edmonton to get a non-oil and gas related head office or regional office. Or a major pharma, tech, or manufacturing centre.

    Sorry, but we don't need Calgary's stinkers hee hee
    The world is full of kings and queens, who blind your eyes then steal your dreams.
    It's heaven and hell!

  37. #37

    Default

    Quote Originally Posted by Marcel Petrin View Post
    Someone in another thread had asked for examples of firms that had moved downtown recently. That article highlights one in MCW Hemisphere. They're not massive like Stantec, but they're a floor of a tower that's filled. Not sure if WSP is new to the downtown, as well.
    Thought we'd heard they consolidated three offices there, one of which was previously Downtown.
    Let's make Edmonton better.

  38. #38

    Default

    ^ Good point. 20% of the staff were previously located outside of downtown.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •