CargoAdmin, Bureaucrats, Moderators (CommentStreams), fileuploaders, Interface administrators, newuser, Push subscription managers, Suppressors, Administrators
5,230
edits
The Shaw Group: Difference between revisions
m
Text replacement - "Houston" to "Houston"
m (1 revision imported) |
m (Text replacement - "Houston" to "Houston") |
||
| Line 7: | Line 7: | ||
| founded = {{start date and age|1983}} | | founded = {{start date and age|1983}} | ||
| founder = {{unbulleted list|J.M. Bernhard Jr.|Oscar J.LaFleur|A.W. Angelo}} | | founder = {{unbulleted list|J.M. Bernhard Jr.|Oscar J.LaFleur|A.W. Angelo}} | ||
| hq_location = | | hq_location = Houston, [[Texas]] | ||
| key_people = {{unbulleted list|Mike Childers <small>([[CEO]])</small>|Sachin Singh <small>([[Chief operating officer|COO]])</small>|Andrew Cannon <small>([[CFO]])</small>}} | | key_people = {{unbulleted list|Mike Childers <small>([[CEO]])</small>|Sachin Singh <small>([[Chief operating officer|COO]])</small>|Andrew Cannon <small>([[CFO]])</small>}} | ||
| website = {{URL|https://theshawgrp.com/}} | | website = {{URL|https://theshawgrp.com/}} | ||
}} | }} | ||
'''The Shaw Group''' is a pipe and steel fabrication firm specializing in induction bending. Headquartered in | '''The Shaw Group''' is a pipe and steel fabrication firm specializing in induction bending. Headquartered in Houston, [[Texas]], Shaw employs approximately 1,400 people across its offices and operations in North America and the Middle East. | ||
== History == | == History == | ||
| Line 24: | Line 24: | ||
In January 2020 McDermott filed for Chapter 11.<ref>{{cite web |title=McDermott files for Chapter 11 bankruptcy to eliminate $4.6 billion of debt |url=https://www.offshore-energy.biz/mcdermott-files-for-chapter-11-bankruptcy-to-eliminate-4-6-billion-of-debt/ |website=Offshore Energy|date=21 January 2020 }}</ref> On June 1, 2020 it was announced that McDermott has sold the former Shaw Group's pipe fabrication assets to Shaw Acquisitions Holdings LLC for an unknown price. The assets include pipe fabrication, piping, structural steel fabrication, mechanical assembly, and modularization subsidiaries.<ref>{{cite web |title=Shaw is back: McDermott sells Louisiana, other pipe fabrication assets |url=https://www.1012industryreport.com/projects/fabrication/shaw-is-back-mcdermott-sells-louisiana-other-pipe-fabrication-assets/ |website=1012 Industry Report|date=8 June 2020 }}</ref> In this transaction, Shaw Acquisitions Holdings LLC received seven facilities located in Walker and Lake Charles, Louisiana; El Dorado, Arkansas; Laurens, South Carolina; Clearfield, Utah; Abu Dhabi, UAE; and Askar, Bahrain. "As part of the deal, Shaw also acquired rights to The Shaw Group trademark" <ref>{{cite web |title=Shaw is back: McDermott sells Louisiana, other pipe fabrication assets |url=https://www.1012industryreport.com/projects/fabrication/shaw-is-back-mcdermott-sells-louisiana-other-pipe-fabrication-assets/ |website=1012 Industry Report|date=8 June 2020 }}</ref> | In January 2020 McDermott filed for Chapter 11.<ref>{{cite web |title=McDermott files for Chapter 11 bankruptcy to eliminate $4.6 billion of debt |url=https://www.offshore-energy.biz/mcdermott-files-for-chapter-11-bankruptcy-to-eliminate-4-6-billion-of-debt/ |website=Offshore Energy|date=21 January 2020 }}</ref> On June 1, 2020 it was announced that McDermott has sold the former Shaw Group's pipe fabrication assets to Shaw Acquisitions Holdings LLC for an unknown price. The assets include pipe fabrication, piping, structural steel fabrication, mechanical assembly, and modularization subsidiaries.<ref>{{cite web |title=Shaw is back: McDermott sells Louisiana, other pipe fabrication assets |url=https://www.1012industryreport.com/projects/fabrication/shaw-is-back-mcdermott-sells-louisiana-other-pipe-fabrication-assets/ |website=1012 Industry Report|date=8 June 2020 }}</ref> In this transaction, Shaw Acquisitions Holdings LLC received seven facilities located in Walker and Lake Charles, Louisiana; El Dorado, Arkansas; Laurens, South Carolina; Clearfield, Utah; Abu Dhabi, UAE; and Askar, Bahrain. "As part of the deal, Shaw also acquired rights to The Shaw Group trademark" <ref>{{cite web |title=Shaw is back: McDermott sells Louisiana, other pipe fabrication assets |url=https://www.1012industryreport.com/projects/fabrication/shaw-is-back-mcdermott-sells-louisiana-other-pipe-fabrication-assets/ |website=1012 Industry Report|date=8 June 2020 }}</ref> | ||
The Shaw Group has moved its headquarters from [[Baton Rouge, Louisiana]] to | The Shaw Group has moved its headquarters from [[Baton Rouge, Louisiana]] to Houston, [[Texas]]. The CEO is Mike Childers, COO is Sachin Singh, and CFO is Andrew Cannon.<ref>{{cite web |title=Shaw is back: McDermott sells Louisiana, other pipe fabrication assets |url=https://www.1012industryreport.com/projects/fabrication/shaw-is-back-mcdermott-sells-louisiana-other-pipe-fabrication-assets/ |website=1012 Industry Report|date=8 June 2020 }}</ref> | ||
== See also == | == See also == | ||