News From Terre Haute, Indiana

Business

August 4, 2013

Key employees purchase HWC Engineering

TERRE HAUTE — A management group led by Ed Jolliffe (president and CEO) and Terry Baker (executive vice president) has acquired majority interest in HWC Engineering, a design and consulting firm specializing in water, wastewater, transportation, site development, landscape architecture and planning.

The company, founded in 1989 in Terre Haute by David Hannum, and with annual revenues of $10 million, will be majority led by Jolliffe and owned by key employees including partners Randy Hancock, James Rice and Eric Smith as well as several associate partners. HWC Engineering employs 70 associates and has offices in Indianapolis, Terre Haute, Lafayette, Noblesville and Scottsburg.   

“This is a great day for HWC Engineering, its employees, and its customers,” Jolliffe said, a shareholder since 2009. “We are proud of the service we provide to our public and private customers and are pleased that this acquisition keeps more than 70 highly skilled and talented employees working for an Indiana based company.”

The Terre Haute office employs 25 and is headed by Smith, a Rose-Hulman Institute of Technology graduate. HWC Engineering just last year purchased, renovated and relocated into new offices at 601 Third St. The company will continue to have a business relationship with Garmong Construction.

Original partners Hannum and Ralph Wagle will retain a small ownership stake in the firm. Mike Cline, a partner and vice president with the firm since 1995, will be leaving to pursue national opportunities in the water, wastewater and energy fields of engineering.

Since its founding in 1989, the firm has been a leader in the water - wastewater field and has enjoyed a strong municipal client base in the western part of the state.  Recent strategic initiatives have seen strong growth in central Indiana clients, increased offerings in private site development, facilitation of public private partnerships, and new additions in the areas of planning and economic development.

 

1
Text Only | Photo Reprints
Business
Latest News
TribStar.com Poll
AP Video
Joy Fills Streets of Cleveland As LeBron Returns Raw: Stunning Timelapse of WC Final Host City Texas Shooting Suspect Collapses in Court Israel Widens Attack As Gaza Death Toll Rises Raw: Militants, Israelis Exchange Rocket Fire Raw: Israel, Gaza Exchange Rocket Fire World Cup Final Pits Argentina Against Germany Raw: Airstrike Creates Chaos on Gaza Streets LeBron: Move Back to Cleveland 'Exciting' Raw: Airstrike Creates Chaos on Gaza Streets Netherlands Beats Host Brazil 3-0 to Finish 3rd Diaz and Segel Strip Off for 'Sex Tape' Ana Ortiz on 'Devious Maids' Finale WH: LeBron's Move a 'Powerful Statement' Proposed Bill to Regulate NY Costumed Characters Death Toll Tops 100 As Israel Offense Continues Argentina to Face Germany in World Cup Final Raw: Brazil Fans Cry After World Cup Loss FIFA Rejects Suarez Appeal Against Biting Ban Robot Writes Jewish Torah Scroll
NDN Video
Cellphone Video Shows Assault Tracy Morgan released from rehab month after crash LeBron: Move Back to Cleveland 'Exciting' Cleveland welcomes home LeBron Houston Killer Collapses in Court When Read Capital Murder Charges for Allegedly Killing Family of Six Worst Valet Ever Wrecks $500K Lamborghini Glee Star Becca Tobin's Boyfriend Matt Bendik Found Dead in Hotel Aerial fish restocking in Utah ScarJo Channels Marilyn Monroe Obama Responds to Hecklers on Immigration Tiny Hamsters Who Ate Burritos are Back for a Tiny Hedgehog's Party Watch Kelly Ripa Get Soaked! 'Referee' Hands Out Yellow Cards for Social Faux Pas in NYC 2014 Emmy Nominees: 8 Snub Shockers Emma Watson Is Va-Va-Voom in Valentino 7 Infamous Sports Blowouts Argentina tops Holland in World Cup semifinals News flush: Japanese toilet exhibition making a splash Emmy Nominations: What to Watch For 'Game of Thrones' Leads 66th Emmy Awards Nominations
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity