CH2M Hill to Acquire Lockheed Martin Hanford Company
CH2M Hill will officially take ownership of LMHC once the Anti-Trust Division of the U.S. Department of Justice and the Federal Trade Commission complete a Hart Scott Rodino Act review of the competitive impacts of the acquisition.
CH2M Hill said it will immediately dispatch a transition team to ensure that the project continues without interruption and that workers and members of the community are informed about the ownership change.
"Our mission at Hanford will be to continue to safely manage the tank waste while working in partnership with the Office of River Protection to ... retrieve the waste for treatment," said Ralph R. Peterson, CH2M Hill president and CEO.
Said Jim Ferris, group president for CH2M Hill's Energy, Environment and Systems business. "It gratifies us ... to have such a talented group of employees from Lockheed Martin Hanford joining CH2M Hill."
CH2M Hill said it plans to work closely with the DOE Office of River Protection and forge strong working relationships with local communities, unions, regulators and the Washington congressional delegation.
CH2M Hill has served DOE and the Hanford Site, specifically, for more than 30 years. The firm is presently supporting the Hanford environmental restoration program.
CH2M Hill currently also serves as the management and integration contractor for the DOE's Rocky Flats Closure Project in a joint venture with ICF Kaiser. CH2M Hill claims that, since taking over the clean up of Rocky Flats in 1995, the joint venture company Kaiser-Hill has advanced the Rocky Flats site closure schedule by more than 20 years.
An employee-owned company, CH2M Hill was founded in Corvallis, OR, in 1946. Today, the firm serves clients on six continents with engineering, construction, and operations services for environmental, energy, water, transportation, and industrial infrastructure.
Contact: CH2M Hill, Andre Armstrong. Tel: 303-713-2425; E-mail: aarmstro@ch2m.com.
Edited by Paul Hersch