Revenues fell about 10 percent, to $99.4 million, in the fiscal year ended October 31. Other highway jobs included a $12 million upgrade of I-15 in Salt Lake City and $20 million worth of work on Miami's Palmetto Expressway. A restructuring plan announced in October 1989 had called for San Francisco investment firm Richard C. Blum and Associates to acquire 53 percent of the company in return for $12.5 million in cash.Thortec reverted to its old name of URS Corporation by the time its restructuring was completed in late February 1990. This increased URS's total revenues to $400 million per year. Data Collection. Company Type: Corporation Subsidiary. Pasadena, California-based Parsons Corp. and the Guangdong Provincial Architectural Design Institute were also collaborating on the project.A new subsidiary, URS Telecommunications, based in Washington D.C., was created in 1995 to focus on the emerging wireless telecommunications market. In early 1999, URS bought Thorburn Colquhoun, a £25 million-a-year civil and structural engineering firm based in Great Britain.At the end of 1999, North America accounted for 90 percent of the firm's revenues. It changed its name to Thortec International Inc. (and its NYSE ticker symbol to THT) in November and offered a 35 percent interest in its URS International Inc. subsidiary on the London Unlisted Securities Market. North Carolina: URS CORPORATION DESIGN URS Corporation (an AECOM Subsidiary) 11 years 7 months. It was perceived as a leader in the consolidation of the engineering services industry.URS's international aspirations manifested themselves fairly early on. Revenues rose 11 percent while net income leaped 86 percent to $4.3 million. URS. The company's debt was cut from $73 million to $37 million in the process. Seaspan Corporation (NYSE:SSW) is one of the world’s leading independent containership owners, owning and managing ships which are chartered long-term to major container line companies. The company lost $19 million in 1989 and $12 million the year before. The company began doing business in Japan in the mid-1960s. AECOM has 86,000 employees across 86 locations and $20.17 B in annual revenue in FY 2019. Private finance initiative schemes were making the United Kingdom a particularly attractive market. 3950 Sparks Dr SE Ste 100. One director, Bill Walsh, chairman of Sequoia Associates, a Menlo Park buyout firm, suggested his friend Martin M. Koffel, who had formerly been president of ophthalmic products and services company CooperVision Inc. and had helped position Oral-B Laboratories Inc. for its sale to Gillette Co. Koffel was named president and CEO of Thortec International in May 1989. As a result, URS was named joint program manager of a ten-year, $3.2 billion project to connect commuter trains between Long Island, New York, and Manhattan's Grand Central Terminal. Blum ended up with a 68 percent holding in URS, while Wells Fargo Bank owned 14 percent.

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