PHILADELPHIA and SAO PAULO, Brazil, June 15, 2017 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Odebrecht Transport to provide an independent assessment of construction of the São Paulo City Metro Line 6, the Dom Pedro Highway in São Paulo State and the BR-163 Highway in Mato Grosso State.
The São Paulo City Metro Line 6 is a 15-kilometer (9.3-mile) line with 15 stations and is approximately one-third complete. The Dom Pedro Highway is a 350-kilometer (217-mile) highway connecting surrounding cities around the state capital. The BR-163 Highway is a 950-kilometer (590-mile) highway connecting the soy bean production area of Brazil with river ports at the Amazon basin.
“We look forward to supporting Odebrecht on these major projects,” said Luis Lugo Jr., Hill’s Senior Vice President and Regional Manager (Southeast/Caribbean/Latin America). “We are confident that we will exceed our client’s expectations on this assessment,” added Lugo.
Hill International, with 3,300 professionals more than 50 offices worldwide, provides program management, project management, construction management and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the eighth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Certain statements contained herein may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.
Hill International, Inc.
John P. Paolin
Senior Vice President of Marketing and
Corporate Communications
(215) 309-7710
johnpaolin@hillintl.com
The Equity Group Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com
(HIL-G)