Contract ops reaching maturity
- From: Vol 7, Issue 3 (March 2006)
- Category: Market insight
- Region: Americas
- Country: United States
- Related Companies: American Water Works, Aquarion, Earth Tech, Gaz de France, Kelda, Novus Utilities, OMI, RWE, Severn Trent Water, Siemens, South West Water, Suez, Tyco, United Water, US Filter and Veolia
Larry Chertoff examines the recovery in the market for operating contracts for US municipalities.
After a three-year downward spiral in growth, the leading US contract operators posted a 23% year-over-year gain in 2005 to $906.75 million.1
This broad-based growth, strongest among the smaller companies, can be seen as an affirmation of the industry’s new business model – seek many smaller projects rather than fewer mega-projects.
The current strong upturn was shared by ...
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