Weeks Marine Inc. has purchased the family-owned McNally International, a Hamilton, Ontario tunnel and marine contractor. Weeks Marine is a marine construction and dredging operation based in Cranford, New Jersey. McNally, which specializes in tunnel and marine construction, worked on the Sheppard Subway in Toronto, the Bruce Power Nuclear Intake and the the South Light Rail Transit System in Edmonton.
Hamilton, Ont.
Weeks Marine Inc. has purchased the family-owned McNally International, Canada’s leading tunnel and marine contractor, in an agreement that closed earlier this month.
McNally will continue to operate in Canada and the United States out of its Hamilton, Ont. head office.
Based in Cranford, New Jersey (about 30 kilometres southwest of downtown New York City), Weeks Marine is a family- owned marine construction and dredging operation with six divisions across North America and 2010 revenues of US$500 million.
Founded in 1919, Weeks was recently ranked 86th on the Engineering News Record 2011 top 400 contractors list.
McNally International is a privately owned Canadian heavy construction company that specializes in tunnel and marine construction. McNally has completed numerous high-profile projects since the company was established in 1949, including the Sheppard Subway in Toronto, the Bruce Power Nuclear Intake, and more recently the extension of the South Light Rail Transit System in Edmonton, Alta. It also worked on the Raglan Mine Wharf in Deception Bay, Que; and Remediation of the Sydney Tar Ponds, Sydney, N.S.
McNally is the first North American tunnel and marine contractor to achieve ISO registration for Quality Management Systems, Environmental Management Systems and OHSAS certification for Health & Safety Management Systems.
“With this purchase, Weeks has secured an entrance into North America’s tunnelling industry and a significant presence in Canada,” says Rich Weeks, Weeks Marine president and CEO.
“Bringing McNally into the Weeks family enhances our ability to compete with the increasingly multi-national players in our industry.”
Laura McNally and Ray Hutton have been appointed managing directors of McNally. Both are grandchildren of Joe McNally who in 1949 established the company on which McNally International was founded.
“Our team is excited about the opportunities Weeks brings as we continue to grow the McNally brand and expand our marine operations,” says Laura McNally.
“For our employees across Canada and the US, it is business as usual: delivering excellence on all of our projects and bidding new work for both our tunnel and marine operations.”
While there are some changes in senior management structure, McNally’s employees will not be impacted by the change of control.
Patrick McNally and John Hutton, who built the company into an international operation and ensured the company’s future success by joining Weeks Marine, have stepped down from day to day operations and will serve on the McNally Board of directors and in an advisory role to the management team.
DCN News Services
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