HOLLYWOOD, FL--(Marketwired - December 12, 2016) - NV5 Global, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has secured several technology engineering contracts with Westfield Corporation through the acquisition of JBA, a leading MEP (mechanical, electrical, plumbing) consulting design firm. NV5 will be performing engineering technology upgrades for The Village at Westfield Topanga, Westfield San Francisco Centre, and Westfield Valley Fair, as well as digital advertising screen upgrades to 15 Westfield centres known as Project NEXT. Westfield further plans to work with NV5 on eight additional properties in 2017, totaling over seven million square feet. The projects are expected to be completed in four years and will utilize up to 25 NV5 technical personnel.
David Wells, RCDD, Director of Information and Communications Technology and NV5's Project Manager, said, "Our project scope includes technology upgrades for telecommunications, audiovisual, security and surveillance, wireless design, distributed antenna systems, and active IT design. We have been providing services on Westfield properties for the past year and we worked extensively with Westfield's new Executive Vice President of Design, Beth Campbell, when she was Managing Principal of Gensler in Las Vegas. Also instrumental in our efforts to secure this technology opportunity was Jennie Bowman, who leads our business development team."
Dickerson Wright, PE, Chairman and CEO of NV5, added, "Our engineers have a longstanding track record of providing cutting-edge services to some of the most distinguished companies in the world, including Westfield. As we continue to integrate the JBA and NV5 families, we hope to be able to better serve all of our clients by making sure they have access to all of our experts, who are leaders in their respective fields."
About Westfield Corporation
Westfield Corporation is one of the world's leading shopping centre companies with iconic retail destinations in London, New York, San Francisco and Los Angeles among its portfolio of 35 centres. Westfield Corporation is listed on the Australian Stock Exchange and was created in June 2014 when Westfield Group separated its Australian and New Zealand business from its international operations. The Australian and New Zealand shopping centres are now owned and managed by Scentre Group. Last year approximately 400 million customer visits to Westfield Corporation shopping centres generated over $16 billion in retail sales. Westfield centres are highly productive, with strong franchise value and the ability to attract the world's leading retail brands. Westfield's strategy is to develop and own superior retail destinations in major cities by integrating food, fashion, leisure and entertainment and by using technology to better connect retailers with consumers. To learn more, visit Westfield's website: www.westfieldcorp.com.
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure, engineering and support services, energy, program management, and environmental solutions. The Company is headquartered in Hollywood, FL and operates 75 offices in 26 states nationwide and abroad in Macau, Shanghai, Hong Kong, and Vietnam. For additional information, please visit the Company's website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the "Risk Factors" set forth in the Company's most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.