- Buyer's guide
February Rehab News: Interplastic, Sewer Sciences and Insituform
New Appointment, New Contracts at Insituform
Insituform Technologies Inc. appointed M. Richard Smith to its board of directors. Smith brings more than 30 years of management experience in the energy services industry to the company board. Smith will also serve on the board’s Strategic Planning and Corporate Governance & Nominating Committees.
Smith currently serves as a consultant to, and member of, the board of directors of Sithe Global Power LLC, an international power development company, and as the chairman of the board of Evergreen Energy Inc., a coal technology and environmental solutions company. Most recently, Smith served as the senior vice president of Bechtel Corporation and president of its Fossil Power business unit from October 2005 until his retirement in December 2007.
Smith also previously served as the chief executive officer of Intergen NV, a global power generation firm, and in various management positions at affiliated Bechtel companies and at PG&E Corporation.
Insituform also is in the news for being awarded two contracts with a combined value of $15.9 million for the rehabilitationof sewer pipes in Atlanta, GA, neighborhoods as part of the city's Clean Water Atlanta Program.
The project will rehabilitate over 65,000 feet of small diameter sanitary sewers across the Atlanta area. Work on this project began in January and will take approximately 15 months to complete. As the general contractor on this project, Insituform will utilize local minority contractors for various aspects of this project.