December 2008 Vol. 63 No. 12
Business
MasTec To Purchase Wanzek Construction
With the acquisition of Wanzek, MasTec will become one of the leading wind energy contractors in the country, capable of providing end-to-end construction services to wind farm owners and developers. Wanzek, which has been in existence more than 37 years, also will bring experience to MasTec in the construction of natural gas processing plants and compression stations, and other heavy/civil and industrial process construction.
From its base in Fargo, ND, Wanzek manages a team of more than 1,100 workers and tradesmen and maintains a fleet of approximately 500 pieces of heavy equipment, including a number of specialized heavy cranes, a critical component for the successful erection of wind turbine towers. Wanzek currently derives a significant portion of its revenue from wind farm construction, which includes foundation work, tower erection, the placement of turbines and rotors, site and road design and construction, and electrical design and installation. Wanzek has completed, or is in the process of completing, work on projects representing over 1,100 turbines and nearly 2,000 megawatts of power generating capacity.
MasTec is a leading specialty contractor operating mainly throughout the United States across a range of industries. The company’s core activities are the building, installation, maintenance and upgrade of communication and utility infrastructure systems.
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