The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

AECOM awarded contract for Stony Brook University Medical Center's new medical and research building and support tower

Thursday, January 17, 2013

AECOM awarded contract for Stony Brook University Medical Center's new medical and research building and support tower07:00 EST Thursday, January 17, 2013 LOS ANGELES (Business Wire) -- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that it is working on a new 465,000-square-foot addition for Stony Brook University Medical Center's new Medical and Research Translation (MART) Building and New Beds Support Tower on Long Island, N.Y. AECOM is providing planning, medical engineering, design, project management, interior fit-out, cost estimating, project cost model and risk registry services. The new, 150-bed wing will house the university's center for advanced medical imaging and cancer care, the new children's and heart hospitals as well as neuro and surgical intensive care units. AECOM previously provided the master plan for the university's medical center. “This new project provides a vital addition to Stony Brook University and the region's health care infrastructure, and we are excited to be making a positive difference in the community,” said AECOM Chairman and Chief Executive Officer John M. Dionisio. The approximate cost of the new facility is US$275 million. The project is scheduled for completion during 2016. About AECOM AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.2 billion during the 12 months ended Sept. 30, 2012. More information on AECOM and its services can be found at www.aecom.com. Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, free cash flow, profit margins and statements of plans for future operations and growth, including with respect to our share repurchase program.AECOM believes that non-GAAP financial measures such as EBITDA and free cash flow also provide a meaningful perspective on its business results as the company utilizes this information to evaluate and manage the business.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our annual report on Form 10-K for the fiscal year ended Sept. 30, 2012, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement. NR 13-0107 Media:AECOMPaul Dickard, 646-432-8473VP, External CommunicationsPaul.Dickard@aecom.com