CRSS Incorporated history

Caudill Rowlett Scott designed the first elementary schools built specifically to accommodate air conditioning--in San Angelo, Texas--and built the country's first all-glass gymnasium for Moore Junior High School in Tyler, Texas, in 1953.

CRS first went to the Middle East in 1964, accepting a $25,000 job to set a site for the King Fahad University of Petroleum & Minerals.

In 1965, CRS received a commission to build faculty housing units and design campus buildings at King Fahad University.

In 1972, CRS made its first major post-public offering acquisition, buying A.A. Mathews, a construction engineering firm specializing in tunnel design with offices in Los Angeles, New York, Washington, D.C., and Rome.

By 1973, revenues totalled $17.1 million and brought the firm a net income of $1.464 million.

In 1978, CRS acquired Clark, Dietz & Associates-Engineers, an Illinois-based civil engineering firm that specialized in environmental engineering, for $5.25 million.

In 1980 CRS received a contract of about $56 million from the United States Air Force to provide furnishings and equipment for the Saudi Arabian F-15 aircraft program.

But CRS canceled the talks in March 1982.

The following year, 1984, it received a $105 million contract from Virginia Electric & Power to convert and upgrade an oil-operated plant to coal usage.

In 1985, CRS Sirrine's stock, which had been listed on the American Stock Exchange, was moved up to the New York Stock Exchange.

In 1987, the firm lost $32 million on revenues of $332 million.