SNC Lavalin Group IN - SNCAF stock
About[edit]
SNC-Lavalin Group Inc. is an integrated professional services and project management company that operates in six segments: Engineering Services, Nuclear, O&M, Linxon, LSTK Projects, and Capital. Their services span a wide range of sectors, including transportation, building and places, defense, water, industrial and mining, power and renewables, and nuclear-related fields, with operations across the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was established in 1911 and is headquartered in Montreal, Canada.[1]
History[edit]
SNC-Lavalin Group Inc. has a long and storied history that dates back to its founding in 1911. The company's origins can be traced to the early 20th century in Montreal, Canada.[2] The company was established as "SNC" (Société en Nom Collectif) by Arthur Surveyer, a Swiss immigrant, and Warren Atherton, a Canadian engineer. Initially, SNC focused on providing engineering and construction services for various infrastructure projects in Quebec, Canada. Over the years, the company steadily grew and earned a reputation for its engineering expertise and successful project execution.[3]
In the following decades, SNC expanded its scope and diversified its services, becoming involved in various sectors such as transportation, power generation, water treatment, and industrial projects. The company played a significant role in developing critical infrastructure across Canada and internationally.[2]
In the 1990s, SNC merged with the "Lavalin Group," a leading Canadian engineering and construction firm, to form "SNC-Lavalin." The merger allowed the newly combined entity to enhance its capabilities and become a major player in the global engineering and construction industry.[2]
SNC-Lavalin continued to expand its operations and services worldwide, undertaking large-scale and complex projects in various countries. The company's expertise ranged from consulting and engineering to project management and construction, encompassing a diverse portfolio of infrastructure projects.[3]
Throughout its history, SNC-Lavalin has faced both successes and challenges, experiencing growth and overcoming various industry-related issues. The company remains a prominent player in the engineering and construction sector, serving clients across multiple industries and maintaining its headquarters in Montreal, Canada.[3]
OTC Symbol: SNCAF | OTC Tier: Pink Current | Related ticker symbols: TSX: ATRL
- ↑ Yahoo Finance. SNCAF Stock Profile. Retrieved on 11/20/2023.
- ↑ 2.0 2.1 2.2 Reference for Business. Lavalin Group Inc History. Retrieved on 11/20/2023.
- ↑ 3.0 3.1 3.2 Wikipedia. SNC-Lavalin. Retrieved on 11/20/2023.
