Heads up: Texas takeover
By Wade KwonKBR, a Houston-based construction/engineering contractor and former Halliburton subsidiary, plans to buy BE&K for $550 million. The Birmingham-based construction/engineering firm, founded in 1972, employs 9,000 workers.
BE&K has earned a top reputation for its family-friendly policies along with $2 billion in annual revenues. And yet another Alabama company becomes part of some out-of-state empire. (It was just last year that Compass was sold to a Spanish bank for $9.6 billion.) Whither the home-grown corporations?
• Birmingham News: For Birmingham, this means
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Monday, June 30, 2008, 11:56 pm
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