Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Stone & Webster Overseas Group Inc history
Stone & Webster Overseas Group Inc company history timeline
Corporation activities underwent rapid growth, and by 1910 some 14 percent of the nation's total electrical generating capacity had been designed, engineered, and built by Stone & Webster.
By 1920, the company also began building what at that time was the world's longest continuous tunnel, an 18.2 mile water tunnel which doubled the supply of Catskill water to Manhattan.
In 1929, Stone & Webster decided for the first time to offer its stock to the public at $100 a share.
These extensive efforts were undertaken despite the complexities that often follow a change in organizational leadership, for in 1941, after 52 years, founder Charles Stone passed away; five years later, partner Edwin Webster retired from his position as chairman of the board.
1942: The company begins involvement in the Manhattan Project.
1975: Stone & Webster is selected to build the Clinch River nuclear plant.
In 1994, the company registered a net loss of $7.8 million despite revenues of over $818 million.
Early in 1996, Cilluffo dropped a proxy resolution which had demanded that the company sell off some non-essential assets, apparently because he was cheered by the hiring of Smith.
The company's stock price rose to over $40 in May 1997, financial performance was on the upswing, and H. Kerner Smith was credited with having changed the direction of Stone & Webster.
Operating Revenues: $1.16 billion(1999)
2000: Liquidity problems force the company into bankruptcy; Stone & Webster is acquired by Shaw Group.
The company finally emerged from bankruptcy in late 2003.
Rate how well Stone & Webster Overseas Group Inc lives up to its initial vision.
Stone & Webster Overseas Group Inc jobs
Do you work at Stone & Webster Overseas Group Inc?
Is Stone & Webster Overseas Group Inc's vision a big part of strategic planning?
Zippia gives an in-depth look into the details of Stone & Webster Overseas Group Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Stone & Webster Overseas Group Inc. The employee data is based on information from people who have self-reported their past or current employments at Stone & Webster Overseas Group Inc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Stone & Webster Overseas Group Inc. The data presented on this page does not represent the view of Stone & Webster Overseas Group Inc and its employees or that of Zippia.
Stone & Webster Overseas Group Inc may also be known as or be related to STONE & WEBSTER OVERSEAS GRO and Stone & Webster Overseas Group Inc.