The Keith Companies Announces Preliminary Engineering for Alyeska Pipeline Service Company of Anchorage, AK
October 20 2004 - 8:00AM
PR Newswire (US)
The Keith Companies Announces Preliminary Engineering for Alyeska
Pipeline Service Company of Anchorage, AK IRVINE, Calif., Oct. 20
/PRNewswire-FirstCall/ -- The Keith Companies, Inc. (NASDAQ:TKCI),
an engineering and consulting services company, announced today
that it has been selected by Alyeska Pipeline Service Company of
Anchorage, Alaska to perform preliminary engineering for three
projects related to the Strategic Reconfiguration program that
Alyeska is conducting at the Valdez Marine Terminal (VMT). Alyeska
representatives stated, "The proposed VMT strategic reconfiguration
projects will simplify the VMT facilities and help Alyeska
reposition the Trans-Alaska Pipeline System to efficiently handle
the current and predicted production of Alaska North Slope
crude-oil." The preliminary engineering effort will be handled by
The Keith Companies' divisions of ESI Engineering Services in
Walnut Creek, CA and Pacific Engineering Corp in Portland, OR.
Projects involve reconfiguration of the marine vapor control
system, new electrical power generation and distribution, and
design of an innovative hydraulic turbine -- electrical generation
system. Aram Keith, CEO and Chairman of The Keith Companies
commented, "These are continuing examples of the energy and
industrial projects in which TKCI is participating. The Company's
offices in Walnut Creek, CA and Portland, OR are also servicing
projects for our clients involving cogeneration, renewable energy,
wood waste, and wind power." About The Keith Companies The Keith
Companies, Inc. is a fully integrated, multi-disciplined
engineering and consulting services company, with offices located
throughout the Western and Midwestern United States. The Keith
Companies' professionals provide a wide spectrum of skilled
resources including land planning, engineering, surveying, mapping,
environmental studies, and water and cultural resources that are
needed to effectively plan, engineer, and design state-of-the-art
private and public facilities. Additionally, the Company provides
mechanical, electrical, chemical, power/energy engineering, and
other industrial engineering services to design and improve the
efficiency and reliability of automated and manufacturing
processes, production lines, and fire protection systems. The Keith
Companies benefits from a diverse public and private client base
varying from residential and commercial real estate projects to
institutional, manufacturing, and processing facilities. For more
information visit the Company's website at http://www.keithco.com/.
Certain statements in this news release may include forward-looking
statements that express our expectation, prediction, belief, or
projection. These statements involve known and unknown risks,
uncertainties, and other factors that may cause the actual results,
performance, and achievement of The Keith Companies to be
materially and adversely different from any future results,
performance, or achievement expressed or implied by these
forward-looking statements. Factors that may cause actual results
to differ from the forward-looking statements contained in this
release and that may affect the Company's prospects in general
include, but are not limited to: the impact of oil prices or the
ongoing demand for production, regulatory restrictions related to
our work, the influence of international oil suppliers, changes in
the economic growth in the United States and other major
international economies, our ability to sustain our growth and
profitability, our ability to implement our acquisition strategy
and to successfully close and integrate acquired companies on a
timely and cost-effective basis, changes in the carrying value of
our goodwill and other long-term assets, our failure to accurately
estimate costs on fixed-price contracts or contracts with
not-to-exceed provisions, the uncertain timing of awards and
contracts, the ability to maintain acquired companies' profit
margins and/or client base, outcomes of pending and future
litigation, the ongoing financing of public works and
infrastructure enhancements and refurbishment, our ability to
attract and retain employees, the demand for electricity and the
impact on power providers' plans for expanding generation
facilities, increasing competition by foreign and domestic
companies, a downturn in the real estate market, risks inherent in
doing business outside the United States, including the difficulty
of enforcing contracts, political instability and foreign currency
fluctuations and potential exchange restrictions, the short- and
long-term impact of terrorist activities and resulting political
and military policies, and other factors as are described in the
Company's filings with the Securities and Exchange Commission. The
forward-looking information set forth in this press release is as
of the date indicated above and we undertake no duty to update this
information. For further information, please contact: Aram Keith,
Chairman and CEO of The Keith Companies, Inc., +1-949-923-6001; or
Tricia Ross, Investor Relations of Financial Relations Board,
+1-310-407-6540, for The Keith Companies, Inc. DATASOURCE: The
Keith Companies, Inc. CONTACT: Aram Keith, Chairman and CEO of The
Keith Companies, Inc., +1-949-923-6001; or Tricia Ross, Investor
Relations of Financial Relations Board, +1-310-407-6540, for The
Keith Companies, Inc. Web site: http://www.keithco.com/
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