Bechtel's 2020 revenue falls 19% | Dump Trucks Charlotte NC
Columbus Ohio Dump Truck Company Brief:
- Global engineering and construction firm Bechtel reported $17.6 billion in 2020 total revenue, a 19% drop from $21.8 billion the year before, in its 2020 annual report released last week.
Dump Trucks Columbus OH Insight:
The report also highlighted the company's renewed "sense of urgency" regarding its diversity and inclusion strategy and said that it is working to recruit and retain minority employees, including in management roles, and is hosting diversity and inclusion workshops for its leaders around the world. In 2021, the report says, the firm will further refine its talent acquisition process to eliminate bias in decision-making and will create a Diversity Advisory Board.
"Last year was a terrible reminder that racism and inequality are still a daily reality for millions of people," Bechtel said in the video. "We have a responsibility at Bechtel to be a force for change."
The 123-year-old firm works in the infrastructure, nuclear, energy, mining and metals markets. Some of its notable projects last year included:
- Cheniere Energy's Corpus Christi LNG export terminal (shown above).
- The Department of Energy's Analytical Laboratory at the Hanford Tank Waste Treatment and Immobilization Plant.
- Santa Clara Valley Transit Authority's Silicon Valley Extension of the Bay Area Rapid Transit System in California.
New awards in 2020 included:
- Working with CityFibre to upgrade high-speed internet connectivity for up to 8 million homes and business in the U.K. by 2025.
- A contract with the government of Serbia to deliver a 5G-ready motorway in the West Morava river valley that will connect communities, provide enhanced transportation options, improve key flood defense infrastructure and allow for future 5G fiber and tower installations.
- The Black Rock Wind Farm in West Virginia.
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