Rail

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

NJ Transit train crashes into station, killing 1 injuring 100

All PATH service and all NJ Transit rail service is suspended into and out of Hoboken, with passengers being advised to use light rail.

Atlanta Streetcar gets FTA grant to explore system expansion

The FTA monies would go toward an “Atlanta Beltline Transit Supportive Land Use Implementation Plan,” involving 16 miles of proposed east, west and crosstown streetcar corridors.

China developing 300 mph trains to lead export of high-speed tech

Under an ambitious government plan starting this year, the country is developing trains that can run on a hybrid-propulsion system that allows higher speeds.

Part of Amtrak investment package to modernize D.C. Union Station concourse

Early action construction will start in the fall of 2016 and include the relocation of heating and ventilation. Full-phased construction, funded by the new investment package, is anticipated to start in 2017 and will seek to minimize impacts to all station users.

Talgo to return to Milwaukee location to refurbish LA Metro railcars

In 2015, Talgo settled a lawsuit against the state, resulting in the company receiving roughly $50 million and keeping the two trains that were manufactured.

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

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational 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