| Business Summary | | Washington
Group
International,
Inc.,
formerly
Morrison
Knudsen
Corporation,
together
with
its
subsidiaries,
is
an
international
provider
of
a
broad
range
of
design,
engineering,
construction,
construction
management,
facilities
and
operations
management,
environmental
remediation
and
mining
services
to
diverse
public
and
private
sector
clients.
The
Company
was
formed
in
July
2000,
following
the
acquisition
by
Morrison
Knudsen
Corporation
of
Raytheon
Engineers
&
Constructors.
The
Company's
operations
are
conducted
through
five
operating
units:
Power,
Infrastructure
&
Mining,
Government,
Industrial/Process,
and
Petroleum
&
Chemicals.
In
May
2001,
the
Company
and
certain
of
its
subsidiaries
filed
voluntary
petitions
for
restructuring
under
Chapter
11
of
the
United
States
Bankruptcy
Code.
Most
of
the
Company's
domestic
subsidiaries
are
included
in
the
filing. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Washington
Group
International
is
an
international
provider
of
a
broad
range
of
engineering,
construction
and
construction
management
services,
facilities
management,
environmental
remediation
and
mining
services.
For
the
nine
months
ended
9/1/00,
revenues
rose
29%
to
$2.05
billion.
Net
income
fell
43%
to
$20
million.
Results
reflect
the
acquisition
of
GESCO
and
the
formation
of
WGSG,
offset
by
$10
million
merger
costs
and
$17.8
million
in
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Dennis Washington, 65 Chairman,
CEO | -- | Stephen Hanks, 49 Pres | $555K | Robert Miller, Jr., 58 Vice
Chairman | -- | Dorn Parkinson, 53 Vice
Chairman | -- | George Juetten CFO | -- | Dollar
amounts are as of 3-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|