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 July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

MHI: Notice of Absorption-Type Split Agreements

MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two

Hapag-Lloyd Adds Halmstad to Rotation

As one of the top global carriers Hapag-Lloyd offers a comprehensive service network and will add port of Halmstad, Sweden to the Nordic Short Sea Network. As

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Navigation Pipelines Port Authority Salvage Ship Electronics 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: 0.1520 sec (7 req/sec)