WSP USA Company Profile

Background

WSP USA, formerly known as Parsons Brinckerhoff, is a leading engineering and design firm with a rich history dating back to 1885. As a subsidiary of WSP Global, the company operates across various sectors, including strategic consulting, planning, engineering, construction management, energy, infrastructure, and community planning. WSP USA is dedicated to delivering innovative and sustainable solutions that shape the built environment and enhance communities nationwide.

Key Strategic Focus

WSP USA's strategic focus encompasses a broad range of services aimed at addressing complex challenges in the built environment. The company's core objectives include delivering high-quality engineering and design solutions, fostering innovation, and promoting sustainability. WSP USA specializes in sectors such as transportation, infrastructure, environment, buildings, energy, water, and mining. The firm leverages advanced technologies and interdisciplinary expertise to serve diverse markets, including public and private sector clients, with a commitment to future-proofing cities and the environment.

Financials and Funding

As part of WSP Global, WSP USA contributes to the parent company's robust financial performance. In 2023, WSP Global reported revenues of C$14.44 billion. The company's financial strength supports its strategic initiatives, including acquisitions and investments in technology and talent, to enhance service offerings and market position.

Pipeline Development

WSP USA is actively involved in several high-profile projects that underscore its expertise and commitment to infrastructure development:

• Long Island Rail Road's East Side Access: Aiming to connect the Long Island Rail Road to Grand Central Terminal in New York City, with a planned opening in December 2022.

• LaGuardia Airport Redevelopment: Part of the comprehensive overhaul of LaGuardia Airport in New York City, announced in 2015, with an expected completion date of 2022.

• Charlotte Douglas International Airport Airfield Expansion: Selected as the lead firm for the airfield expansion project, targeting completion in 2022.

• Dallas Fort Worth International Airport Southwest End-Around Taxiway: Involved in the development of a new taxiway, with an expected completion date of 2021.

• San Antonio International Airport Master Plan Update: Commenced work on updating the master plan for the airport in 2018.

Technological Platform and Innovation

WSP USA distinguishes itself through the integration of proprietary technologies and innovative methodologies:

• Built Ecology Team: An integrated national practice within WSP that collaborates with clients to create sustainable built environments. This team brings strategic thinking, industry leadership, and technical depth across multiple sectors.

• Advanced Engineering Solutions: Utilizes cutting-edge technologies in engineering design, including renewable energy systems, passive cooling techniques, grey water recycling, combined heat and power solutions, and intelligent control systems to enhance building performance and sustainability.

Leadership Team

WSP USA's leadership comprises experienced professionals dedicated to guiding the company's strategic direction:

• Lewis Cornell: President and CEO of WSP USA, overseeing the firm's operations and strategic initiatives.

• Joseph Sczurko: U.S. Region President, responsible for regional operations and business development.

• Chris Peters: Chief Operations Officer, managing the firm's operational strategies and execution.

• Andrew Esposito: Chief Financial Officer, overseeing financial planning and management.

Leadership Changes

In recent years, WSP USA has experienced significant leadership appointments to strengthen its executive team:

• Lewis Cornell: Appointed as President and CEO, bringing extensive experience in engineering and management to lead the firm's U.S. operations.

• Joseph Sczurko: Assumed the role of U.S. Region President, focusing on regional growth and client engagement.

Competitor Profile

Market Insights and Dynamics

The engineering and design consulting industry is characterized by robust competition, with firms striving to offer comprehensive solutions across various sectors. The market is driven by infrastructure development, urbanization, and the need for sustainable and resilient design solutions.

Competitor Analysis

WSP USA operates in a competitive landscape alongside several key firms:

• Stantec: A global design and consulting firm offering services in engineering, architecture, and environmental sciences.

• SNC-Lavalin: A Canadian engineering firm providing services in infrastructure, mining, and energy sectors.

• Arup: An independent firm of designers, planners, engineers, and consultants offering a broad range of professional services.

• AECOM: A multinational engineering firm providing design, consulting, construction, and management services.

These competitors offer similar services, and WSP USA differentiates itself through its comprehensive service offerings, innovative solutions, and commitment to sustainability.

Strategic Collaborations and Partnerships

WSP USA has strengthened its market position through strategic acquisitions and partnerships:

• Acquisition of Louis Berger Group: In 2018, WSP Global acquired the Louis Berger Group, enhancing its capabilities in engineering, architecture, and program management.

• Acquisition of Golder Associates: In 2021, WSP Global acquired Golder Associates, a global consulting firm specializing in earth and environmental services, further expanding its expertise in environmental consulting.

Operational Insights

WSP USA's strategic considerations include:

• Comprehensive Service Offerings: Providing a wide range of services across multiple sectors to meet diverse client needs.

• Innovation and Sustainability: Emphasizing innovative solutions and sustainable practices to address complex challenges in the built environment.

• Client-Centric Approach: Focusing on understanding and meeting the unique requirements of each client to deliver tailored solutions.

Strategic Opportunities and Future Directions

Looking ahead, WSP USA aims to:

• Expand Service Offerings: Continue diversifying its services to address emerging market needs and technological advancements.

• Enhance Technological Capabilities: Invest in cutting-edge technologies to improve project delivery and client outcomes.

• Strengthen Market Position: Pursue strategic acquisitions and partnerships to bolster expertise and market reach.

• Promote Sustainability: Lead in sustainable design and engineering practices to contribute to resilient and future-ready infrastructure.