SOURCE: Day & Zimmermann

Day & Zimmermann

April 03, 2013 09:00 ET

Day & Zimmermann Announces Joint Venture With WorleyParsons to Provide Integrated Plant Services

PHILADELPHIA, PA--(Marketwired - Apr 3, 2013) - Day & Zimmermann, a nationally recognized provider of industrial, defense and workforce solutions for government and commercial customers, announced today that its Engineering, Construction and Maintenance (ECM) group has entered into a joint venture with global engineering company WorleyParsons to provide turnkey solutions to the U.S. fossil industry. The newly formed joint venture, Integrated Plant Solutions (IPS), offers a single source of bundled, integrated solutions for engineering, construction and maintenance projects for electric utilities, public power, and independent power producers. IPS combines the project management, construction and maintenance capabilities of Day & Zimmermann, the top O&M contractor, with resources and expertise of WorleyParsons in a seamless, integrated organizational structure.

"As the power industry continues to deal with ever-changing environmental regulations and requirements, plant efficiency has become more important than ever," said Mike McMahon, President of Day & Zimmermann ECM. "This joint venture with WorleyParsons gives us an opportunity to go to market with an integrated solution for customers who demand cost and schedule certainty."

"We've worked closely with Day & Zimmermann for more than 20 years," said Bob Seay, Vice President of WorleyParsons. "Integrated Plant Solutions combines the expertise of both companies and our long-standing commitments to industry best practices so that we will be able to bring even more value to our clients."

Andy Donaldson has been named Executive Director of Integrated Plant Solutions and will lead the day-to-day operations. Donaldson is the Vice President of Projects for WorleyParsons. He has 40 years of industry experience with a BSME from Worcester Polytechnic Institute and a MSME from Stanford University. He is an ASME fellow and past chairman of the ASME Power Division. Currently, Donaldson is on the steering committee for the Combined Cycle Users Group, a users group that he helped founded in 2001.

Donaldson will be working closely with Merrill Jones who has been named the Business Development Director for the joint venture. Jones is Sr. Director of Business Development at Day & Zimmermann ECM. He brings more than 30 years of industry experience to the position and will be responsible for coordinating with the Executive Director, and aligning with the joint venture management teams as operational assistance and commitments are required. Jones holds a BSME from the University of Massachusetts, and has worked for OEMs and A&Es in operations, engineering and business development over the course of his career.

ABOUT DAY & ZIMMERMANN
Day & Zimmermann's 24,000 employees provide industrial, defense and workforce solutions to a broad base of commercial and government customers. Operating from more than 150 worldwide locations with 2.7 Billion USD in revenues, the Day & Zimmermann family of companies is currently ranked as one of the largest private companies in America by Forbes and is a former winner of the U.S. National Family Business of the Year award. Founded in 1901 and headquartered in Philadelphia, PA, Day & Zimmermann companies today provide engineering, construction and maintenance services, and staffing services to the commercial and government sector, and munitions products, security, logistics, equipment maintenance and facilities management services to the Department of Defense, other government groups and defense industry contractors. For more information, visit http://www.dayzim.com.

ABOUT WORLEYPARSONS
WorleyParsons is a leading provider of professional services to the energy, resource, and complex process industries. The company's services cover the full asset spectrum both in size and lifecycle from the creation of new assets to services that sustain and enhance the value of operating assets. WorleyParsons' global strategy, supported by 40,400 personnel in 165 offices across 41 countries, is one of developing fully functional operations at a local level for customers. This approach provides WorleyParsons with the insight into customer requirements and the local knowledge necessary to deliver tailored, high-quality solutions to create significant value for customers. In addition to Power projects, WorleyParsons collaborates with customers solving complex problems in Hydrocarbons, Infrastructure & Environment, and the Minerals, Metals, & Chemicals industries. http://www.worleyparsons.com/

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