USA: Weeks Marine Inc. Acquires McNally Construction

Business & Finance

 

Weeks Marine, Inc. announced, that it had purchased McNally Construction, Inc. of Hamilton, Ontario.

With this acquisition, Weeks Marine strengthens its presence in North America’s tunneling industry and establishes a significant presence in Canada”, said Richard S. Weeks, president and CEO. “Bringing McNally into the Weeks family enhances our ability to compete with the increasingly multi-national players in our industry.

McNally Construction will operate as a wholly owned subsidiary of Weeks Marine, Inc. and will continue to operate in the tunneling and marine construction markets in both Canada and the United States.

McNally’s dredging equipment includes a 16-inch cutterhead dredge John Holden; a four cubic yard backhoe dredge Harold M., eight clamshell dredges and a four cubic yard dipper dredge, No. 20.

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Source: Weeks Marine , July 11, 2011;