BE&K

From Wikipedia, the free encyclopedia
BE&K, Inc.
Company typeAcquired by KBR
IndustryEngineering and Construction
Founded1972
ProductsEngineering, Procurement, and Construction (EPC)

BE&K, Inc., was a global engineering and construction company based in Birmingham, Alabama.

History[edit]

BE&K, Inc. was founded in 1972 and named after its founders: Peter Bolvig, William Edmonds, and Ted Kennedy.[1] BE&K was acquired by KBR, Inc. in 2008.[2]

Operations[edit]

BE&K, Inc. held top 10 positions in the Engineering News-Record (ENR) rankings across several sectors including pulp and paper contracting, pulp and paper design, chemical plant design, operations and maintenance design, chemical plant contracting, industrial process contracting, aerospace contracting, and food processing plant contracting.[3]The company also operated in commercial and industrial sectors, including healthcare and education markets. BE&K, Inc. had a presence across the United States and in Europe through its subsidiaries. Its subsidiaries and affiliates included Allstates Technical Services, Inc.; Enprima; MEI Consultants, Inc.; NorthStar Communications Group, Inc.; QBEK; Rintekno Group; BE&K's Saginaw Warehouse; SW&B Construction Corporation; and Terranext, LLC.[4]

In 1989, BE&K acquired FN Thompson Company, a Charlotte, North Carolina-based commercial construction firm. Seven years later, in 1996, BE&K acquired Suitt Construction Company, based in Greenville, South Carolina. In 2004, FN Thompson and Suitt Construction were merged into a separate subsidiary, BE&K Building Group, LLC, under the BE&K brand.

Acquisition[edit]

On May 7, 2008 BE&K, Inc.announced that it would be acquired by the Houston, Texas-based construction firm KBR, Inc. for $550 million.[5][6]

In 2015, KBR sold the BE&K Building Group LLC subsidiary and the BE&K brand, including all associated trademarks and domains, to Pernix Group, Inc.[7][8] The BE&K brand is now wholly owned by Pernix Group and solely used by BE&K Building Group, LLC. The remainder of BE&K's business and associated subsidiaries have either been fully absorbed by KBR or divested to other purchasers with all operations in Birmingham, Alabama discontinued.

References[edit]

  1. ^ "BE&K Overview". Zippia. Retrieved 13 February 2024.
  2. ^ "KBR Completes $550 Million Acquisition of BE&K". ReliablePlant. Retrieved 13 February 2024.
  3. ^ "KBR Completes $550 Million Acquisition of BE&K". ReliablePlant. Retrieved 13 February 2024.
  4. ^ "BE&K, Inc". Encyclopedia.com. Retrieved 13 February 2024.
  5. ^ Cooper, Lauren B. (2008-05-07). "Houston company to buy Birmingham's BE&K". Birmingham Business Journal. Retrieved 2008-05-07.
  6. ^ "KBR completes $550 million acquisition of BE&K". www.reliableplant.com. Retrieved 2019-10-11.
  7. ^ "KBR Finalized Sale of its Building Group Subsidiary to Pernix". KBR.com. KBR, Inc. Retrieved 13 February 2024.
  8. ^ Hoyle, Amanda. "KBR Building Group to Become BE&K - Again After Acquisition". The Business Journals. Triangle Business Journal. Retrieved 13 February 2024.