| Market Capitalization (Millions $) |
326 |
| Shares
Outstanding (Millions) |
21 |
| Employees |
3,380 |
| Revenues (TTM) (Millions $) |
479 |
| Net Income (TTM) (Millions $) |
-2 |
| Cash Flow (TTM) (Millions $) |
14 |
| Capital Exp. (TTM) (Millions $) |
44 |
Business Description
Layne Christensen Co is a globally recognized provider of integrated water management, drilling, and construction services for the environmental, energy, geotechnical, mineral exploration, and infrastructure markets. Founded in 1882 and headquartered in The Woodlands, Texas, Layne Christensen Co operates as a subsidiary of Granite Construction Inc.
The company delivers its services through three primary business units: the Water Resources Division, the Mineral Services Division, and the Geoconstruction Division. The Water Resources Division offers a broad range of water-related services, such as hydrogeologic investigation, water treatment and distribution system development, wastewater collection and treatment, and environmental remediation. The Mineral Services Division provides drilling and coring services for geotechnical engineering, mineral exploration, water borehole drilling, and other purposes. The Geoconstruction Division engages in various underground construction and tunneling projects across the United States.
Layne Christensen Co operates through a network of offices, field locations, and subsidiaries across North America, South America, Europe, Asia, Africa, and Australia. The company has more than 4,000 employees, including engineers, geologists, hydrologists, drillers, and construction professionals. Layne Christensen Co has an established reputation for delivering high-quality water management, drilling, and construction solutions to a diverse range of clients, including government agencies, municipalities, industries, and private companies.
In recent years, Layne Christensen Co has focused on expanding its business through strategic acquisitions and partnerships. In 2017, the company acquired several water-related companies, including Coastal Waterworks, Water Resource Management Company, and ADB Companies. The company has also partnered with industry leaders, such as Schlumberger and Wood Group, to provide innovative water treatment solutions and other services.
Layne Christensen Co is committed to conducting its operations in a socially responsible and sustainable manner. The company emphasizes a proactive approach to environmental conservation, health and safety, and community engagement. Layne Christensen Co has implemented several internal policies and initiatives to minimize its environmental footprint, promote employee well-being, and support the communities where it operates.
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