Three ex-TransCoastal Divisions Sold To Sunland Construction

Wednesday, November 22, 2000
HBH, Inc., Woodson Construction Company and the Kori Corporation were recently sold to Sunland Construction, Inc., of Eunice, LA. The three Louisiana based divisions were involved in transitional zone pipe lay and construction work, with the Kori Corp. being the manufacturing arm building undercarriages and assembling marsh buggies for their worldwide market. The sale included all of the division's assets except real property at the Delcambre, and Lafayette facilities. Also excluded from the sale is the 1995 built 260 x 72-ft. pipelay / bury barge "BH-400", which remains available for sale. Sunland Construction, Inc. is a pipeline construction company serving the needs of major oil and gas companies throughout the Southeast, Central and Rocky Mountain regions of the United States. Incorporated in Louisiana in 1974, it has grown into one of the largest pipeline contractors in the U.S. employing an average of 500 people with a peak workforce of over 1,200 employees. By acquisition of the three ex-TransCoastal divisions, Sunland will expand their pipelay capability to include work in marsh, swamp and coastal inshore areas. Excess of 40 items of floating equipment were included in the sale including lay, spud, jetting and crane barges, small tugs, crewboats, skiffs, marsh buggies, and work
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Double Order for Super Gloria Reachstacker

Kalmar, part of Cargotec, has gained an order for two Super Gloria reachstackers from Tadarsa Logistics S.L. in Aviles, Spain. The largest reachstackers ever built,

Algoma Central Orders New Great Lakes Ships

Algoma Central Corporation announces $160 million investment in fleet expansion and fleet renewal   Algoma Central Corporation announced that it has acquired

Russia, France Close to Deal on Mistrals

Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1099 sec (9 req/sec)