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Established more than 120 years ago, Parsons Brinckerhoff (PB) is a worldwide provider of infrastructure services. Its chairman and chief executive officer is Tom O'Neill.
Overview
PB, previously know as Parsons Brinckerhoff, is a planning, engineering, and program and construction management organization. The company has been involved in planning and designing some of the world's largest public works projects, e.g., Boston's Big Dig to Britain's rail system Network Rail; from the Sabiya power plant in Kuwait to Cairo's Metro and the Deep Tunnel Sewerage System in Singapore.
Company History
By the time General Parsons opened a Manhattan office in 1885, he was already known as an ambitious and exceptional engineer. The first undertaking of his new venture was to design New York City's first subway, the IRT. Completed in 1904, this line—extending from lower Manhattan to Harlem—remains the world's most heavily used rapid transit system.
Even then, the firm had a global reach; Parson's second major project was to chart a 1,000-mile railroad in China, from Hankow to Canton, a line that is still in use today.
In 1906, Henry M. Brinckerhoff—a pioneering highway engineer—brought his expertise in electric railways to the firm. Known for his co-invention of the third rail, which revolutionized rapid transit, Brinckerhoff designed the network of roads at the 1939 New York World's Fair.
PB now provides comprehensive services for all types of infrastructure projects including power, buildings, environment and telecommunications. It has offices in nearly 80 countries around the world.
Company Financial
Parsons Brinckerhoff posted total revenues of $1.4 billion in fiscal year 2005 (FY05), up 4.2% from FY04, and net income of $27.2 million.
Family of firms under Parsons Brinckerhoff Inc Holding
- Parsons Brinckerhoff Quade & Douglas, Inc.
- Parsons Brinckerhoff Construction Services, Inc.
- PB Facilities, Inc.
- PB Asia (Parsons Brinckerhoff International, Pte. Ltd.)
- PB Farradyne Inc. – purchased by Telvent GIT S.A. as of 1 July 2006 [1]
- PBConsult
- PB Transit & Rail Systems, Inc.
- PB Placemaking
- Parsons Brinckerhoff Ltd
- PB Power
- PB Air
- PB Water
- PB Associates
- Company39.com [2]