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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Star Bulk Takes Delivery of First Capesize from JMU

Athens, Greece-headquartered Star Bulk Carriers says it has taken delivery of 'M/V Peloreus' a 182,000 dwt Capesize built by Japan Marine United (“JMU”) and the

Ardmore Shipping Secures Newbuilding Finance

Ardmore Shipping Corporation says it has signed agreements to upsize its existing senior loan facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB ("SEB").

Gulf Island Fab Sign Bechtel Offshore Cooperation Agreement

Gulf Island Fabrication, Inc. says it has signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1137 sec (9 req/sec)