Nice. When I first read the headline, I was a bit worried - the Construction Contractor market in the US is very crowded - so didn't see the point of trying to make a go of it, with all that competition. Unions are very strong in the US too - esp. in the North East. They can hold a Contractor for ransom, if they drag their feet on the job.
But since they're only targeting the dam segment, I think that should be a lot better. It's one of SRG's specialities after all. And going in as a JV, with an experienced partner who knows the landscape - seems sensible. I guess we'll find out in a couple years time.
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