Hill International Grows Texas Municipal Business with Multiple Assignments in Booming New Braunfels
January 21 2021 - 8:00AM
Hill International, Inc. (NYSE:HIL), the global leader in managing
construction risk, announced today that it was awarded multiple
assignments to provide construction oversight, inspection, and
coordination for several municipal projects in the City of New
Braunfels, Texas. These projects include two new Fire Stations as
well as a new Police Station inclusive of a Veterans Memorial.
These projects were awarded through an Indefinite
Delivery-Indefinite Quantity contract.
New Braunfels, home to more than 90,000 residents, is located
near San Antonio. The city is known for the presence of the Comal
and Guadalupe rivers, which wind past leafy parks like Landa and
Cypress Bend. According to U.S. Census figures, New Braunfels’
population has boomed over the past decade, prompting investments
into new public facilities of all types. To support this growth,
the Hill team will help ensure all work materials, structures,
equipment, and workmanship for the City’s new buildings comply with
contract documents, manage change orders, and verify contractors
maintain good construction practices and professional standards
prevailing in the local City, County, and State of Texas.
The New Braunfels projects are indicative of Hill’s growing work
with municipal clients across the state. This includes a new animal
shelter for the City of Baytown and bond program support for the
City of Richardson.
Hill Senior Vice President Robert Ferguson, LEED AP, said of the
firm’s new awards: “We’ve worked across Texas for decades for
clients ranging from the University of Texas and Texas A&M to
Dallas Area Rapid Transit. Our philosophy for those clients is the
same one we bring to our municipal clients: implement a
collaborative process through a talented and highly qualified team,
with continual and consistent communication between our staff, the
City and the design and construction teams. This approach has
driven our success both in Texas and across the U.S., and we’re
confident the Hill way will help us to deliver these new projects
on time and within budget.”
Raouf Ghali, Hill’s Chief Executive Officer, added, “Much like
the state’s economy, Hill’s Texas business continues to grow and
thrive in the Municipal market. It’s a testament to Robert and the
team he has built that more and more clients across the state trust
Hill to deliver these most important public projects.”
About Hill International
Hill International, with approximately 2,700
professionals in more than 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 President(215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc. Devin SullivanSenior
Vice President (212) 836-9608dsullivan@equityny.com
Hill (NYSE:HIL)
Historical Stock Chart
From Aug 2024 to Sep 2024
Hill (NYSE:HIL)
Historical Stock Chart
From Sep 2023 to Sep 2024