Canadian engineering giant WSP Global Inc. is buying John Wood Group PLC’s environment business in a deal that cements its position as one of the world’s dominant players in sustainable development consulting. Montreal-based WSP said Wednesday it struck a definitive agreement to take over a business known as Environment & Infrastructure (E&I) from Aberdeen, Scotland-based Wood for US$1.8-billion, including a US$200-million deal-related tax benefit. The agreement adds 6,000 employees to WSP’s payroll from about 55,000 currently and sharpens its ability to bid on major environmental and infrastructure projects, particularly for federal government departments in the United States.
6 west Saint John neighbourhoods to switch to east side water system
Less than two years after switching Saint John's west side to a new drinking water system, the city is now diverting many of those same neighbourhoods to a new water source. The areas affected include Saint John's lower west side, Milford, Randolph, Fundy Heights, Duck Cove and Sand Cove. They are to begin receiving surface water from the Loch Lomond Treatment plant on the city's east side by the end of the year. At the same time the city has cancelled its contract with the engineering firm that was instrumental in the creation of the west side well field water system and hired a law firm to pursue the company, BGC Engineering, for costs.