PHILADELPHIA and IRVINE, Calif., Feb. 23, 2018 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced it will continue serving the Port of Long Beach on the 10-year, $1.49 billion modernization known as the Middle Harbor Redevelopment Project – Pier E.
Hill will provide construction management services for Phase 3, which is scheduled to be completed by the end of 2020. When finished and at full capacity, the Middle Harbor Terminal will be able to move 3.3 million twenty-foot-equivalent units (TEUs) annually. This figure doubles the previous facilities’ cargo capacity while reducing pollution and will allow the modernized wharf to handle the world’s largest ships.
“We couldn’t be more pleased to continue serving the Port of Long Beach on this significant program transforming the port,” said Senior Vice President & Deputy Regional Manager, John Skoury, P.E., of Hill’s role as a subconsultant on this effort. “As the needs of our ports and the infrastructure surrounding our ports continue to grow, we stand ready to respond on behalf of our clients.”
Hill International, with more than 3,000 professionals in more than 50 offices worldwide, provides program management, project management, construction management and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.
Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
Tel: 215-309-7707
elizabethzipf@hillintl.com
Hill International, Inc.
Marco A. Martinez
SVP & Interim Chief Financial Officer
Tel: 215-309-7951
marcomartinez@hillintl.com
InvestorCom
John Glenn Grau
President
Tel: 203-295-7841
jgrau@investor-com.com
(HIL-G)