SOURCE: Industrial Info Resources

Industrial Info Resources

July 13, 2010 05:10 ET

Shaw's Third-Quarter Earnings Show Little Movement From Last Year, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - July 13, 2010) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- The Shaw Group (NYSE:SHAW) (Baton Rouge, Louisiana) recently reported earnings results for the third quarter of the 2010 fiscal year. Shaw's earnings and net income were relatively flat compared to the same period last year. In a conference call, Chairman, President and CEO J.M. Bernhard Jr. spoke of Shaw's current projects and future prospects in the Power Industry. Discussing two of Shaw's larger nuclear projects, SCANA Corporation's (NYSE:SCG) 2,200-megawatt (MW) addition to the Summer nuclear power station near Jenkinsville, South Carolina, and The Southern Company's (NYSE:SO) (Atlanta, Georgia) 2,234-MW addition to the Vogtle nuclear power plant near Waynesboro, Georgia, Bernhard said: "These projects remain on-time and on-schedule and running on budget and are very major projects going forward in our nuclear part of the business." Industrial Info is tracking more than $82 billion of industrial projects involving Shaw, details of which can be found in Industrial Info's North American and Global project databases.

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