ENSCO initiates corporate restructuring

Posted on January 5, 2012

ENSCO Inc. initiated the corporate restructuring of several of its key businesses and international activities. This restructuring will allow these businesses to increase their concentration within their distinct market areas and better manage corporate liability.

"We are excited about this important realignment within the company to bring better focus and attention to these critical business areas. This allows us to reduce distractions and provide even better customer service, build company branding and offer a higher level of quality development and service to our growing base of customers," said Greg Young, ENSCO's president/CEO.

To benefit ENSCO's worldwide, rail engineering products and services business, the company formed a wholly owned subsidiary, ENSCO Rail Inc., which is also headquartered in Falls Church, Va.

All current Applied Technology and Engineering division commercial business will migrate to this subsidiary, along with ENSCO's current international security products and service offerings within the MicroSearch product line. The migration will initiate with Track Inspection Services and MicroSearch.

Earlier this year, the company expanded its North American presence into the Canadian market by opening a new office in Montreal. This expansion is a direct result of the company's growing relationships with leading aerospace companies in the greater Montreal area.

View comments or post a comment on this story. (0 Comments)

More News

Cummins ships first QSK95 engine for the rail market

The engine, rated at 4400 hp (3281 kW) will be delivered to Siemens® manufacturing facility in Sacramento, Calif., where it will be installed into a Charger® locomotive.

Thales to modernize signaling for N.Y. MTA's Queens Line

According to MTA’s vision, this line will also be the first interoperable one in the world: it will allow Thales equipment to work seamlessly with other CBTC suppliers’ equipment.

Amtrak to start charging fees for baggage exceeding limits

Amtrak will start on Thursday charging $20 to passengers who exceed limits for carry-on and personal items.

Metra expands online ticket payment options

Customers who purchase tickets for the Northeast Illinois commuter rail system through the agency’s website now have the ability to split their payments among credit and debit cards, including pre-tax transit benefit debit cards.

Las Vegas high-speed rail partners up, Authority meets

The joint venture says construction could begin in September 2016 once it has acquired all the necessary approvals.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close