New Orleans marine engineering firm acquired by S&B
An EnviroMax Class “M” 264-ft service operation vessel. Photo courtesy S&B
Houston-based S&B Infrastructure, Ltd. said Wednesday it has acquired Technology Associates, Inc., a New Orleans-based marine engineering and naval architecture firm.
TAI will continue its operations as TAI Engineers LLC, a news release said. Financial terms of the transaction were not disclosed.
A news release said the acquisition will allow S&B to also position itself as a leading government and commercial engineer of world-class vessels.
“This acquisition strengthens our capabilities to design and build even larger government and commercial maritime projects,” said Daniel Rios, S&B infrastructure president. “We acquired TAI because of our clients’ ever-evolving needs and the organization’s focus on safety, integrity, and client trust all key values of S&B. The deal marks a win for clients as we deliver projects with even greater certain
HOUSTON (BUSINESS WIRE) May 3, 2021
S&B Infrastructure, Ltd. (S&B) announced today it has acquired Technology Associates, Inc. (TAI). TAI is known for its innovative maritime solutions and technical expertise. TAI will continue its operations as TAI Engineers, LLC. This is a strategic acquisition that allows S&B to also position itself as a leading government and commercial engineer of world-class vessels.
S&B Infrastructure, Ltd. announced today it has acquired Technology Associates, Inc. Pictured is an EnviroMax Class M 264-ft service operation vessel. (Photo: Business Wire)
âThis acquisition strengthens our capabilities to design and build even larger government and commercial maritime projects,â said Daniel Rios, S&B Infrastructure President. âWe acquired TAI because of our clientsâ ever-evolving needs and the organizationâs focus on safety, integrity, and client trustâall key values of S&B. The deal marks a win for clients as we deliver projec
(Image: TAI)
Houston-based engineering company S&B Infrastructure, Ltd. (S&B) on Monday announced it has acquired naval architecture and marine engineering firm Technology Associates, Inc. (TAI). TAI will continue its operations as TAI Engineers, LLC.
“This acquisition strengthens our capabilities to design and build even larger government and commercial maritime projects,” said Daniel Rios, S&B Infrastructure President. “We acquired TAI because of our clients’ ever-evolving needs and the organization’s focus on safety, integrity, and client trust all key values of S&B. The deal marks a win for clients as we deliver projects with even greater certainty safely on time and within budget.”
Jones Act compliant SOV design. Photo courtesy Vard Edda Mistral. Photo courtesy Gondan
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.
As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory. Service Operations Vessels (SOVs), which can commission and/or maintain turbines, are central to the plan, and Philip Lewis, Director of Research, WER’s, explains that SOV’s are deployed for several functions: