Black & Veatch CEO Urges Infrastructure Investments That Deliver Greater Job Growth and Productivity

Black & Veatch - 02.10.2009

Len C. Rodman, Chairman, President and CEO of Black & Veatch, said today that stimulus funding in energy, transportation and water infrastructure will provide the greatest returns in achieving U.S. economic recovery, job growth, greater efficiency and productivity.

In a column issued today, Rodman stated that longer-term investments in foundational infrastructure are needed to provide a more stable base of employment and sustainable benefits. The column “Spending Should Target Infrastructure That Repays Massive Investment” is available at: http://www.bv.com/Downloads/Resources/Reports/20090209_1_EconomicInfrastructure.pdf.

“The goal of investing in the nation’s infrastructure as part of the economic recovery deserves widespread support and quick action,” Rodman said. “And we must look beyond simple U.S. roads and bridge infrastructure investments if we are to realize a wide-ranging and sustainable economic rejuvenation."

In the column, Rodman explains how funding in such sectors as mass transit, railroads, energy and water not only helps jump-start and sustain the U.S. economy, but also leads to improvements in efficiency and better utilization of vital infrastructure. In addition, Rodman advises that such investments will bolster the basic construction industry as well as technology and manufacturing industries where the use of equipment that supports these needs drives a much wider base of the economy.

“In the long-run it’s critical that the country gain competitive advantages that are part of the solution to repay the massive debt we are incurring,” Rodman said. About Black & Veatch

Black & Veatch is a leading global engineering, consulting and construction company specializing in infrastructure development in energy, water, telecommunications, management consulting, federal and environmental markets. Founded in 1915, Black & Veatch develops tailored infrastructure solutions that meet clients’ needs and provide sustainable benefits. Solutions are provided from the broad line of service expertise available within Black & Veatch, including conceptual and preliminary engineering services, engineering design, procurement, construction, financial management, asset management, program management, construction management, environmental, security design and consulting, management consulting and infrastructure planning. With $3.2 billion in revenue, the employee-owned company has more than 100 offices worldwide and has completed projects in more than 100 countries on six continents. The company’s Web site address is www.bv.com.

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