"Engineering News-Record" ranked Alaska-based VECO Corporation as 50th in the country for engineering and design, with more than $168 million in 1999 engineering revenues.
The annual ENR score card is regarded as the "Fortune 500" of the engineering and design industry. Additionally, VECO Corp. was named 19th in industrial process and petroleum engineering and 14th in power engineering.
"This is a proud moment for the employees of VECO Corporation, who have worked hard to establish our company as an industry leader in Alaska and around the world," Pete Leathard, president of VECO Corp. said in a press release.
From its roots in the oil field business, VECO has acquired leading engineering design firms in Bellingham, Wash., Calgary, Denver and Baton Rouge, La., helping to bring millions of dollars in engineering work to Alaska that previously was performed in the Lower 48.
With more than 400 design personnel in Alaska and 70 registered Professional Engineers, VECO is the largest design firm in Alaska.
VECO Corp. also ranked 23rd in the international design category, with ongoing projects in Canada, Mexico, Russia, Venezuela, United Arab Emirates, Oman, Qatar, Yemen, Taiwan and China.
"We've got the know-how and the experience for engineering and design in the arctic. This is something we can export around the world," Leathard said.
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