Foster Wheeler Acquires Yonkers Industries

Foster Wheeler AG FWLT announced today that it has acquired Yonkers Industries, Inc., a 30-year-old US-based firm that specializes in the management of construction and commissioning of pharmaceutical and biotech facilities, with capabilities to also manage the full EPCm (Engineering, Procurement and Construction Management) of such facilities. With offices in California, North Carolina and Puerto Rico, Yonkers Industries has approximately 200 professionals. Through its participation in a project-services partnership called Modular Partners, Yonkers also has the ability to provide modular project delivery services on a worldwide basis. “The acquisition of Yonkers Industries gives our pharmaceutical business a construction management capability in See full press release