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ENGlobal Corp ENG

ENGlobal Corporation is a provider of project solutions primarily to the energy industry. The Company’s segments include Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management and execution of projects requiring professional engineering and related project management services primarily to the energy industry throughout the United States. The Government segment provides services related to the design, integration and implementation of process distributed control and analyzer systems, advanced automated data gathering systems, information technology and the maintenance of these systems primarily to the United States Government globally. The Government segment operates through its wholly owned subsidiary, ENGlobal Government Services, Inc. (EGS). EGS provides electrical and instrument installation, technical services, and ongoing maintenance, calibration and repair services.


NDAQ:ENG - Post by User

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Post by MissionIRon Apr 02, 2015 8:34pm
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Post# 23593980

ENGlobal Corp. (ENG) Building Decades-Long Legacy with World

ENGlobal Corp. (ENG) Building Decades-Long Legacy with WorldENGlobal Corp. (ENG) Building Decades-Long Legacy with World-Class Engineering Services

Applying years of automation expertise and broad industry experience, Houston-based ENGlobal provides innovative, cost-effective automation, instrumentation and specialty construction projects and related support services to customers worldwide. The underlying commitment is to become a preferred provider of innovative automation integration services and select EPCM (engineering, procurement and construction management) projects for clients across the globe.

Consistently ranked by Engineering News Record magazine as a Top 500 engineering design firm, ENGlobal is comprised of a global workforce of more than 400 industry leaders in a variety of fields, ranging from drafters and designers to technical specialists. These professionals are the pistons behind the company’s three fields of focus: Automation, EPCM and Subsea Controls and Integration (SCI).

ENGlobal’s Automation segment designs, fabricates and implements distributed control, instrumentation and process analytical systems, as well as offers products and services that support the environmental technology fields.

The Engineering (EPCM) segment’s consulting services are designed for the development, management and execution of projects requiring professional engineering, construction management and related support services. Within this segment is the Government Services group, which offers engineering, design, installation and operation and maintenance of various government, public sector and international facilities, and specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. defense industry worldwide.

ENGlobal’s SCI group standardizes the subsea process control environment resulting in advanced process automation design, engineering service and equipment for the effective integration of communication protocols between topsides production facilities and subsea devices. SCI’s operations are based on its patented Universal Master Control Station (UMCS) that can communicate to virtually any subsea equipment.

Now in its 29th year of operations, ENGlobal has established a solid financial foundation and proven ability to consistently grow company revenues and value.

In its recently reported fiscal 2014 financial results the company posted revenues of $107.9 million, an increase of more than 12% compared to revenues of $89.1 million in fiscal 2013, which included $79.8 million of revenues from the 2013 sale of the Gulf Coast EPCM business. The company turned to profit for 2014 with net income of $6.0 million, or $0.22 per diluted share, compared to a net loss of $2.3 million, or a loss of $0.08 per share, for the year prior.

For more information, visit www.englobal.com

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