Hill International Expands New York Service Offerings with Acquisition of Licensed Engineering Corporation
November 05 2020 - 8:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today that it has acquired a licensed
New York State Engineering corporation. The acquisition allows Hill
to offer their New York City and State clients resident engineering
and inspection services.
“This license provides Hill with a significant
growth engine in one of our largest U.S. operating regions, while
supporting our commitment to client service evolution,” said Hill
Chief Executive Officer Raouf Ghali. “We look forward to leveraging
Hill’s track record of project excellence and industry reputation
as we introduce this high-value service to current and future
clients.”
Hill currently provides resident engineering and
inspection services for infrastructure clients across the U.S.,
including work on major aviation, highway and bridge, and rail and
transit programs and projects, but was precluded from offering
these services to many New York City and State clients due to the
lack of a New York State Engineering license. The company will now
leverage the best practices and lessons learned from its many U.S.
infrastructure projects to better serve their New York metro area
clients.
“The new entity allows us to expand our service
offerings, grow our business in New York, and better serve our
valued clients,” said Gill M.S. Mosseri, PE, Vice President and
Hill’s New York Metro Infrastructure and Operations Manager.
“We are extremely excited about
expanding our service offerings and having Gill join
our Northeast team. I’ve worked with Gill for
over 20 years and he has a proven track record
of successfully leading organizations and delivering
infrastructure projects across the New York Metro area,” said
Dominick Fickeria, Senior Vice President and
Northeast Regional Manager.
About Hill International
Hill International, with approximately 2,700
professionals in 69 offices worldwide, provides program management,
project management, construction management, and other consulting
services to clients in a variety of market sectors. Engineering
News-Record magazine recently ranked Hill as the eighth-largest
construction management firm in the United States. For more
information on Hill, please visit our website at
www.hillintl.com.
Forward Looking Statements
Certain statements contained herein may be
considered "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995, and it is our
intent that any such statements be protected by the safe harbor
created thereby. Except for historical information, the matters set
forth herein including, but not limited to, any statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations are forward-looking
statements. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
certain risks and uncertainties. Although we believe that the
expectations, estimates, and assumptions reflected in our
forward-looking statements are reasonable, actual results could
differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause our
actual results to differ materially from estimates or projections
contained in our forward-looking statements are set forth in the
Risk Factors section and elsewhere in the reports we have filed
with the Securities and Exchange Commission, including that
unfavorable global economic conditions may adversely impact our
business, our backlog may not be fully realized as revenue, and our
expenses may be higher than anticipated. We do not intend, and
undertake no obligation, to update any forward-looking
statement.
Hill International, Inc.Elizabeth J. Zipf, LEED
AP BD+CSenior Vice PresidentHill International,
Inc.One Commerce Square2005 Market Street, 17th
FloorPhiladelphia, PA 19103(215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc.Devin SullivanSenior Vice
President(212) 836-9608dsullivan@equityny.com
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