Compensated Awareness Post View
Disclaimer
ENG Continued Growth, Strong Performance in Energy-Related EPCM & Automation Driven by Exceptional Leadership
ENGlobal is a project execution company focused primarily on automation services, as well as full-spectrum engineering, procurement and construction management (EPCM), mainly for oil and gas projects across the U.S., but also abroad in regions like Central Asia. ENGlobal has come from humble roots that stretch back to 1985 when the company had only one customer, $2,500 and a vision to become one of the top multidisciplinary integrated service providers in EPCM and automation for upstream, midstream and downstream interests. Eventually realizing enough of that vision to place even brighter horizons within striking distance, the company has matured into a trusted sector player, working massive infrastructure projects such as the implementation of more than 10 giant pump stations in Russia and Kazakhstan for the Caspian Pipeline Consortium, as well as handling numerous pipeline and facility jobs for the likes of Xcel Energy (NYSE: XEL), with whom the company currently has an ongoing professional services agreement to provide various EPCM services.
The outlook for ENGlobal – which handles everything from refinery facilities and complex midstream/downstream projects like pipelines, to integrated systems such as power islands, state-of-the-art plant automation systems, and complete rip-and-replace automation jobs – is particularly bright when it comes to domestic operations. Especially considering the roughly $641 billion that must be spent in the U.S. over the next two decades on midstream infrastructure like pipelines and pumps alone, according to projections by the Interstate Natural Gas Association of America and consulting firm ICF International. And ENGlobal is poised to get a lot of that work too, with an industry-wide reputation for excellence, a world-class safety record boasting factors like 22.6 million man-hours without a lost time injury, and the accolades of such established industry publications as Engineering News Record magazine, which has consistently ranked ENGlobal as a Top 500 engineering design firm for over a decade.
If we peel back the surface on ENGlobal, which has routinely demonstrated its ability to punch above its weight and contend directly with much larger operators in the EPCM field, we see that behind the company’s team of over 400 top technical professionals, whose talents span an array of key specializations, the company possesses one of the most experienced management teams in the industry today. It is this eminently capable management team that continues to provide the kind of visionary leadership that has allowed ENGlobal to prosper, irrespective of underlying market conditions. These people have been around the block more than once and bring a vast wealth of experience to the table for ENG, allowing the company to seize advantages where others could not, while avoiding pitfalls that would otherwise ensnare a less experienced team.
At the helm is Mr. William A. Coskey, P.E. (Professional Engineer), who co-founded the company and has served in a variety of administrative roles since its inception. The current president and CEO of ENG, as well as being a director of the company, Coskey has also been the chairman of the board since 2005, and was previously instrumental to the company’s fruition via his work as COO and interim VP of automation. Having received his B.S. in electrical engineering with honors from Texas A&M in 1975, Coskey went on to serve on the department’s advisory council for what has been nearly two decades now, eventually receiving the chairmanship of the council in 2006. The Dwight Look College of Engineering is the biggest college on the campus at Texas A&M, ranking third for undergraduate enrollment and ninth in graduate enrollment by the ASEE (American Society for Engineering Education), and the college’s engineering graduate program is ranked seventh nationwide (eight in undergraduate) by U.S. News & World Report.
ENGlobal’s current COO, Bruce Williams, came into the post after serving with the company for nearly a decade and having done a stint as senior VP of the company’s Midwest/southwest operations. An undergrad recipient from the University of Northern Iowa in chemistry, with post-graduate studies at the University of Houston in environmental management, Williams brings a rich history consisting of three and a half decades plus of subsequent domestic and international experience in both engineering and project management to bear on his duties, where he oversees the company’s continually expanding operational footprint. It is this kind of veteran operational management expertise which has enabled ENG to successfully execute complex EPCM projects time and again for its clients.
Senior VP of business development for ENG, Mike Harrison, has 25 year’s worth of skin in the engineering and construction game, having previously served in a similar capacity for local Houston area engineering firm, Commonwealth Engineering and Construction, prior to joining the company back in 2009. Harrison got his BBA from Stephen F. Austin State University in the early 90's and has received a great deal of continuing technical education from the University of Oklahoma since then. The majority of experience for Harrison however, comes from nearly a decade of work at international technical professional services firm Jacobs Engineering (NYSE: JEC), where he took on progressively higher levels of business development responsibilities in the Baton Rouge and Houston areas throughout his tenure.
The company’s deep bench of over 400 technical professionals would not be what it is today without the leadership of former senior human resources manager for global technology and EPCM firm KBR (NYSE:KBR), Scott Curd, who served KBR with distinction for nearly a decade and a half, before becoming ENGlobal’s human resource manager in 2011, and subsequently going on to be the director of HR since 2012. With over three decades of experience stretching across other engineering firms like CDI Engineering and Audubon Engineering, Curd brings an impressive track record managing HR for both domestic and international concerns with him to ENGlobal. Including having managed HR for operations in such challenging global regions as the ME, at outfits worth anywhere from $50 million, to as much as almost $7 billion.
Rounding out the ENGlobal management team is VP and general counsel, Tami Walker, who has over two decades of frontline legal experience in the telecommunications industry, as well as across various segments of the energy market, including oil, gas, and wind energy. Former general counsel-development for the North American arm (a leading renewable energy company based in Chicago with its wind headquarters in Austin) of one of the world’s biggest energy companies, and the largest investor-owned utility on earth, Germany-based E.ON SE (OTC: EONGY), Walker understands the prevailing regulatory and legal concerns that face companies like ENGlobal, with a level of expertise that is unrivaled by many of her contemporaries.
The company recently approved Coskey, as well as David W. Gent, P.E., Randall B. Hale, and David C. Roussel for one-year terms as directors of the company during its annual stockholders’ meeting. And with Financial Executives International member, Mark A. Hess, CPA, who got his BBA from the University of Houston, watching over the company’s numbers as CFO and treasurer – in addition to Hein & Associates LLP, recognized as a leading accounting and advisory firm, serving as the company’s independent auditors – ENGlobal is able to run a tight ship with considerable ease, staying ahead of the ever-changing energy sector, and adjusting its logistical footprint accordingly.
To dig deeper, check out the company’s website at www.englobal.com
