US outsourcing activity picks up

An up-tick in contract ops revenues in 2008 reversed the declines of the previous year. Restructuring efforts should enable the larger firms to make the most of a burgeoning pipeline of opportunities.

The US contract operations market increased by 8% in 2008, after slipping backwards by 2% in 2007. The six biggest firms in the sector posted revenues of $1.53 billion last year, versus $1.42 billion in 2007, with the biggest rises coming from American Water and United Water.

Not all companies boosted their revenues – CH2M Hill OMI’s turnover ...

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