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Aecom Environment history
Aecom Environment company history timeline
The first, completed in April of that year, was the purchase of Metcalf & Eddy, Inc., an environmental consultant founded in 1907 by Boston civil engineer Leonard Metcalf and the superintendent of the sewer department in Worcester, Massachusetts, Harrison Eddy.
AECOM traces its origins to Kentucky-based Ashland Inc., which in turn grew out of Swiss Drilling Company, founded in Oklahoma in 1910 by J. Fred Miles.
In 1924 Miles launched a refining operation called Ashland Refining Company, headed by an ambitious young man named Paul Blazer.
While the parent company struggled, leading to the ouster of Miles, Ashland prospered under Blazer's leadership, and in 1936 he was named chief executive officer of the reorganized company, Ashland Oil & Refining Company.
In 1962 he went to work for Cahn Engineers, a small Connecticut firm that he helped to grow from a single office employing 16 to an eight-office operation employing more than 250.
By 1980 Ashland sold off its production assets, and a year later was reorganized as a modified holding company.
In 1985 DMJM became part of a new subsidiary, Ashland Technology Corporation.
In 1989 Ashland decided to focus on its core petroleum refining business and elected to divest itself of some assets, one of which was an Ashland Technology subsidiary, Williams Brothers Engineering Co., involved in the construction of pipelines and oil processing facilities.
On April 6, 1990, AECOM became an independent company formed by the merger of five Ashland entities.
In fiscal 1998 the firm was able to achieve 100 percent employee ownership, while revenues approached $860 million and net income more than doubled to $5.74 million.
1998 AECOM becomes 100 percent employee owned.
Finally, in April 2001, AECOM acquired Warren Group, an English water engineering firm.
Two more acquisitions followed in fiscal 2002.
In April 2004, it added PADCO Inc., a Washington, D.C., consultant that mostly worked on World Bank and USAID economic development studies.
During 2014, our combination with URS Corporation was a game changer for the industry, more than doubling our revenue and workforce, furthering our status as the world’s #1-ranked engineering design firm by revenue, according to Engineering News-Record magazine.
Approximately $13.3 billion of Professional Services revenue during fiscal year 2021
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Aecom Environment may also be known as or be related to AECOM ENVIRONMENT and Aecom Environment.