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Business Briefs

Posted: Thursday, October 31, 2002

VECO ranked 31st by engineering magazine

Engineering News-Record ranked VECO Corporation 31st in the nation for engineering and design, with more than $310 million in 2001 engineering revenues. Additionally, VECO was ranked first in cogeneration engineering, eighth in pipeline engineering, ninth in petroleum engineering, 11th in refinery engineering, 19th in industrial process engineering and 24th in power engineering. VECO's top ranking was based in part on work performed at Northstar and Prudhoe Bay oil fields and trans-Alaska oil pipeline system.

Additionally, a variety of new projects in Canada were profiled, including a major refinery expansion, a heavy oil project, and multiple power projects.

VECO has been headquartered in Alaska since 1968. VECO provides multidiscipline engineering, procurement, and construction services to power, petroleum, forest products, infrastructure, and aluminum clients.

VECO is a major employer in Alaska and actively supports the community through a wide variety of charitable and cultural organizations.

VECO has additional offices in Bellingham, Denver and Durango, Colo.; Baton Rouge, La; Houston and Beaumont, Texas; Calgary, Alberta; Burnaby, British Columbia; and Abu Dhabi, U.A.E. VECO has hundreds of ongoing projects in North and South America and several countries overseas.

Engineering News-Record is a weekly publication for the engineering and construction industries. The annual ENR scorecard is regarded as the "Fortune 500" of the engineering and design industry.

More details on the Top 500 Design Firms are available at www.enr.com.

Homer chamber supports Proposition C

The Homer Chamber of Commerce voted last week in support of Ballot Proposition C which would issue general obligation bonds for the purpose of paying the cost of design, construction and major maintenance of educational and museum facilities throughout Alaska. Specific to Homer, this bond would guarantee $3,000,000 for the Kachemak Bay Branch building addition.

The chamber strongly encourages the community to support this proposition for the economic future of the state of Alaska and the Homer area. An expanded University of Alaska in Homer would be a solid move in support of the chamber's mission statement "to promote cooperative economic development which preserves and enhances the quality of life of the community."

The ballot proposition will go before voters on election day, Tuesday.

For more information on the bond proposition, visit the Web site www.educationfirst.info/faq, or refer to election pamphlets. For more information on the Legislative Committee or the chamber position contact Committee Chair Julie Woodworth at 235-6125, extension 1.



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