Apr 28, 2015
Houston Business Journal
Mike Fuentes/Bloomberg News
Dallas-based Luminant told CB&I Stone & Webster Inc. last week that it would discontinue the teaming agreement the companies have for the Comanche Peak Nuclear Power Plant in Glen Rose, Texas. CB&I will cut 322 jobs at that location.
The Netherlands-based Chicago Bridge & Iron Company NV (NYSE: CBI), which has its operational headquarters in The Woodlands, will cut 322 jobs in Texas, according to a letter to the Texas Workforce Commission.
Dallas-based Luminant told CB&I Stone & Webster Inc. last week that it would discontinue the teaming agreement the companies have for Luminant’s Comanche Peak Nuclear Power Plant. The plant is in Glen Rose, about 55 miles southwest of Fort Worth.
Luminant has asked CB&I Stone & Webster to assist with transition services through May 31, which is when CB&I expects to terminate the positions. Stone & Webster, which was founded in 1889, became part of The Shaw Group in 2000. CB&I acquired Shaw in 2013.
This document contains copyrighted material whose use has not been specifically authorized by the copyright owner. SEED Coalition is making this article available in our efforts to advance understanding of ecological sustainability, human rights, economic democracy and social justice issues. We believe that this constitutes a "fair use" of the copyrighted material as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes of your own that go beyond "fair use", you must obtain permission from the copyright owner.