Bechtel



Bechtel

Company Overview

Bechtel is one of the largest and oldest corporations of the United States, led by a family. For more than 110 year, Bechtel is at the forefront of construction and engineering industry. The company began with a small rail-road project in Oklahoma Territory and now its business has grown into countless projects around the world making the company a multinational. Since the time the company was founded, the Bechtels have lead it through as much as 23,000 projects in up to 140 countries of the world. Moreover, the company also earned a name in undertaking huge and mega projects that other companies turn down as too complex, remote or too huge to handle. Amongst these projects, some has become the signature project of Bechtel. These include. The Channel Tunnel, Hoover Dam and the San Francisco Bay Area Rapid Transit (BART) system. The headquarter of the company is located in San Francisco; where the company also have offices around the world and employs 52,700 employees. Till 2010, the company earned revenues of $27.9 billion and have booked work worth $21.3 billion (www.bechtel.com).

Products and Services

The company offers engineering and construction products and services in the following domains.

Roads and rail systems

Refineries and petrochemical facilities

Pipelines

Oil and gas field development

Mines and smelters

Fossil and nuclear power plants

Environmental cleanup projects

Defense and aerospace facilities

Communications networks

Airports and seaports

Mission Statement

The mission of Bechtel is

“To be the engineer-constructor of choice for customers, employees, and key suppliers in every industry market we serve” (www.bechtel.com)

Product Strategy

The product strategy of Bechtel is to provide high quality products to its customers while maintaining the quality standards as per requirement.

Pricing Strategy

The pricing strategy of Bechtel is to procure goods and services from far-flung suppliers at the best possible prices, so that the services charges to customers do not exceed their range.

Global Business Environment

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