SNC-LAVALIN CELEBRATES ITS 100TH ANNIVERSARY
EVOLUTION, EXPERIENCE, EXCELLENCE
SNC-Lavalin (TSX: SNC) launched its 100th anniversary celebrations today at Montreal’s Palais des congrès. President and CEO, Pierre Duhaime, chose the occasion of the Company’s 2011 International Symposium to announce the commencement of celebrations to the media and about 400 employees from its offices around the world.
“This is a tremendous achievement, and we’re very proud of every one of our employees, both past and present, who have made SNC-Lavalin the amazing company it is today,” said Duhaime. “Engineering and construction firms play a crucial role in shaping society. They constantly look for more efficient and sustainable ways to build the facilities and infrastructure we rely on – buildings, bridges, water treatment plants, industrial plants, power plants – the list goes on and on. It is challenging and fulfilling work that improves the well-being of communities around the world.”
Founded in Montreal in 1911, the Company started out as a one-man engineering consulting office with one client. Today it has grown to be one of the world’s largest engineering/construction firms with 24,000 employees in offices across Canada and in over 35 other countries around the world. At any given time its employees are working on thousands of projects in some 100 countries. In 2010, it earned revenues of $6.3 billion and a net income of $437 million.
SNC-Lavalin has grown and evolved to a remarkable extent over the last hundred years. It has world renowned expertise in numerous sectors of activity and extensive experience in hundreds of countries. It is also one of very few companies in the world that can cover the entire life cycle of a project. It has the know-how and resources to design, build, operate, maintain, and even arrange project financing, for facilities and infrastructure anywhere in the world.
“We’re especially proud of the fact that sustainable development, as it is known today, has been an integral part of SNC-Lavalin’s culture from the very beginning,” said Duhaime. “Early in the company’s history, back in 1917, our first president, Arthur Surveyer, advocated ‘respecting the laws of nature and economically managing works that will improve the comfort and well-being of humanity.’ Today we promote a similar philosophy with our WE CARE values.”
To mark its 100th anniversary, SNC-Lavalin is launching a 100 Acts of WE CARE initiative. Between April and November 2011, the Company will recognize 100 examples of employees giving their time to a cause in their community related to one or more of its WE CARE values: health & safety, employees, communities, the environment and quality.
“From building a hospital in Uganda to helping street kids in Montreal, our employees are doing truly impressive volunteer work in their own communities and in the communities near our project sites,” said Duhaime. “You don’t have to be a huge company to help improve society – everyone can contribute and we’re hoping this initiative will encourage other companies and individuals to help wherever they can.”
Employees in SNC-Lavalin’s offices around the world will be marking the centennial throughout the year with various activities. Today, April 11, is the day the Company is celebrating its birthday. Birthday cake was served to employees worldwide across 11 time zones. Meanwhile, a travelling hard hat is criss-crossing the globe visiting SNC-Lavalin’s offices and project sites for photo opportunities. This Spring, SNC-Lavalin will also be giving each of its 24,000 employees an official centennial history book as a memento to mark the occasion, also available for sale.
SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. In business since 1911, the Company celebrates its 100th anniversary in 2011. www.snclavalin.com.
- 30 -
Media ContactLeslie Quinton
Senior Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc.