Stantec is the second-fastest growing design firm in the country, according to The Zweig Letter s 2009 Hot Firm List, which identifies the 200 fastest-growing architecture, engineering, and environmental firms in the United States. The annual list recognizes Stantec, which has two offices in Vermont, as outperforming the economy and competitors.The 2009 Hot Firm List is based on a comparison of gross revenue for both fiscal year 2005 and fiscal year 2008, as verified by financial statements or income tax returns reviewed by third parties. During this period Stantec s gross revenue increased 233 percent, from $194 million to $646.7 million. Our business model has really pulled us through the recent economic turbulence, says Rich Allen, Stantec senior vice president and leader of the company s operations on the US East Coast. We ve created an extremely diverse company, both in geography and in market sectors, which has served us well as the housing, development, and related markets have stalled.The company also moved up in the rankings recently published by Engineering News Record (ENR), the industry s most prominent publication. Basing their results on total firm revenues, ENR ranked Stantec number 28 on its annual Top Global Design Firms list, compared to number 35 in 2008. The magazine also placed Stantec in the top 10 in the world on its specific water, hazardous waste, and sewer/waste market lists. Stantec was listed at number 69 on Architectural Record s annual Top 250 Architecture Firms list as well.Between 2005 and 2008, Stantec s employee count also rose rapidly throughout North America and specifically in New England, primarily thanks to the acquisition of several firms with a strong local presence, including Dufresne-Henry, which added offices in North Springfield and South Burlington, Vermont.Stantec currently employs a staff of more than 440 in New England, with offices in Maine, Massachusetts, New Hampshire, and Vermont. The firm s services throughout the region range from environmental impact studies for wind farms, to municipal infrastructure and transportation design, to landscape architecture and mechanical, electrical, and structural engineering for buildings.Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. We support public and private sector clients in a diverse range of markets, at every stage, from initial concept and financial feasibility to project completion and beyond. Our services are offered through approximately 10,000 employees operating out of over 130 locations in North America. Stantec trades on the TSX and on the NYSE under the symbol STN. Source: Stantec SOUTH BURLINGTON VT (August 26, 2009) TSX, NYSE: STN
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