88:, the European cement and brick company. By the mid-1980s, Lavalin was the largest engineering firm in Canada with 5,700 employees, surpassing their rivals SNC, with revenues of C$ 500 million in 1983. Lavalin was exporting C$ 300 million worth of manufactured goods a year. In the mid 1980s, the company was retained for the design-build contract to complete the
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At the start of the 1990s, Lavalin was a C$ 1.2 billion conglomerate of more than 70 companies. However, it was also heavily in debt, to the point that its corporate financiers insisted they started selling off parts of the business. In 1991, Lavalin's bankers put it under pressure to be acquired by
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its chief rival, SNC, a deal that was concluded in August for C$ 400 million. One estimate ranked the company as the fifth-largest engineering firm in the world. Most of the non-engineering business were sold off as a part of this process;
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73:, the group was reorganised as Lavalin, Inc. Lamarre became head in 1962, and started a major international expansion. By 1970 the company was a major contractor. During the decade, in a partnership with
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As
Lavalin expanded, they started buying a number of other companies. This process started with other engineering firms like Fenco Engineering, Shawinigan Engineering, Warnock Hersey and
99:(UTDC) from the government of Ontario for C$ 50 million. They then purchased a number of companies unrelated to their engineering core, including the Kemtec petrochemical plant, the
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As the international engineering business became more competitive in the 1980s, Lavalin started to branch out into other industries. In 1986, it acquired an 85% interest in
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Lavalin was formed in 1936, through the partnership of Jean-Paul
Lalonde and Romeo Valois of Montreal. The company was relatively small until
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49:. After a major expansion program in the 1980s that led to financial difficulties, in 1991 Lavalin merged with its long-time competitor,
107:'s Weather Channel properties, book publisher Mondia, and attempted to enter the aircraft leasing business. They also started into the
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Proceedings of the
Standing Senate Committee on Foreign Affairs: Délibérations Du Comité Sénatorial Permanent Des Affairs étrangères
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business, including building a new 55-floor headquarters in
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Construction and civil engineering companies established in 1936
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including the 20,000 square meter retractable fabric roof.
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Surveyer, Nenniger & Chenevert
Consulting Engineers
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Construction and civil engineering companies of Canada
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259:. International Directory of Company Histories
77:of the United States, the company managed the
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97:Urban Transportation Development Corporation
71:Lalonde, Valois, Lamarre, Valois et Associés
184:Foundation of Canada Engineering Corp. Ltd.
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272:"Lavalin to offload all of Kemtec"
257:"SNC-Lavalin Group Inc.: Page Two"
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229:(in French). Queen's Printer.
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255:Ingram, Frederick (2001).
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121:Bombardier Transportation
53:(SNC), to become today's
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287:"SNC-Lavalin Group Inc"
144:Canada Parliament, 12.
234:Grant, Tina (1988).
101:Bellechasse Hospital
309:SNC-Lavalin website
240:. St. James Press.
289:. Funding Universe
274:. ICIS. 1991-06-03
79:James Bay Project
35:civil engineering
16:(Redirected from
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39:construction
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158:Grant, 331.
109:real estate
55:SNC-Lavalin
318:Categories
293:2009-07-30
278:2009-07-30
263:2009-07-30
127:References
117:Bombardier
105:MétéoMédia
43:Montreal
75:Bechtel
61:History
31:Lavalin
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199:Ingram
47:Quebec
132:Notes
242:ISBN
208:ICIS
37:and
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