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Date: 2024-10-19 Page is: DBtxt003.php txt00010349

Companies
AMECFWC

Matthew Hall, William Press and Fairclough construction groups combinme together with Foster Wheeler Corporation ... the timeline

Burgess COMMENTARY

Peter Burgess

History

In a history spanning more than 150 years, we have achieved many milestones, consistent growth in business and skills and extended our geographical reach to around 50 countries. Here are some of the key milestones we have achieved in our past:

1848 - Matthew Hall opens lead work business in Lambeth (becoming an early UK specialist in plumbing and sanitation).

1883 - Leonard Fairclough starts stone business in the UK.

1884 - The Water Works Supply Company is created by the Foster family.

1891 - Wheeler Condenser & Engineering Company is established.

1923 - Fairclough Civil Engineering builds one of the first UK bypass road at Purfleet.

1927 - Foster Wheeler Corporation (FWC) is formed from a merger of two US companies: the Power Specialty Company (which replaced Water Works Supply Company) and the Wheeler Condenser & Engineering Company.

1929 - FWC is first listed on the New York Stock Exchange.

1939 - Matthew Hall & Co exceeds £1 million turnover, employs 2,700 people.

1960 - William Press establishes Costain & Press to undertake mechanical works for oil companies overseas.

1963 - Matthew Hall splits into Matthew Hall Mechanical Services, Matthew Hall Engineering, Matthew Hall Works & Plant.

1971 - The Queens Award to Industry for Export Achievement is awarded to the Process Plants Division.

1981 - The Queen’s award for Export Achievement is awarded to Foster Wheeler Power Products.

1982 - William Press and Fairclough construction groups merge to form AMEC plc.

1982 - AMEC plc is listed on the London Stock Exchange.

1988 - Matthew Hall Group of Companies, operating from the UK, Australia, Holland and the US, employing 10,000 people, is brought into AMEC group.

2005 - Foster Wheeler is relisted on the Nasdaq Stock Exchange.

2014 - AMEC and Foster Wheeler combine on 13 November to create a new force in global engineering, project delivery, asset support, power equipment and consultancy, trading on the London and New York Stock Exchanges in the Oil Equipment and Services sector (AMFW).

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