CH2M Hill wins $5.25 billion contract on Panama Canal

| Print |  Email
Archives - May 2008
Thursday, May 01, 2008

PanamaCanal.jpg

CORVALLIS An engineering firm that started as a collaboration between an Oregon State University professor and three of his former students has won the contract of a lifetime: to manage the $5.25 billion redevelopment of the Panama Canal.

CH2M Hill was founded in 1946 in Corvallis and has grown to 24,000 employees and $5 billion in annual revenues. It transferred headquarters to Colorado in the early 1980s but has maintained a strong presence in Corvallis, with 370 local jobs and a lively calendar of events at OSU’s CH2M Hill Alumni Center.

The company specializes in mega-projects, none with stronger name recognition than the Panama Canal. The canal was praised as the greatest engineering feat in history when it was completed in 1914, but it must be expanded to make room for the gargantuan ships of the future.

Mark Carlson, design delivery director for CH2M Hill’s Corvallis office, calls the project a “huge endeavor” that will entail overseeing hundreds of engineering contracts and dealing with any surprises that are bound to pop up in a project of such magnitude.

No one from Corvallis has been transferred to Panama yet, but the Oregon group has a history of leading up major efforts. Ray Topping, a longtime Corvallis employee, left several years ago to help manage the $12.5 billion preparation of London for the 2012 Olympics. From there he moved on to the Middle East, where he is working on designing a $22 billion, car-free, carbon-neutral city near Abu Dhabi.

This is not a company that thinks small.                                

BEN JACKLET


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

Big Trouble in China?

Guest Blog
Tuesday, August 18, 2015
0818-wellmanthumbBY JASON NORRIS | CFA

Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.


Read more...

Is there life beyond Reed?

September 2015
Wednesday, August 19, 2015
BY GARY THILL | PHOTOS BY JASON E. KAPLAN

A storied institution climbs down from the ivory tower.


Read more...

Child care challenge

News
Wednesday, August 26, 2015
0927OHSUhealthystarts-thumbBY KIM MOORE AND LINDA BAKER

Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.


Read more...

Reader Input: Rx for Health Care

July/August 2015
Wednesday, July 15, 2015

We asked readers how Obamacare has impacted their business.


Read more...

5 questions for ImpactFlow CEO Tyler Foreman

The Latest
Thursday, August 13, 2015
impactflowthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Portland-based startup ImpactFlow recently announced a $5.7 million funding round. CEO and co-founder Tyler Foreman talks about matching businesses with nonprofits, his time at Intel and the changing face of philanthropy.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS