LHB buys NREC in asset purchase
Tuesday, October 22, 2019
LHB, Inc. and Natural Resources Engineering Company (NREC) announced the asset purchase of NREC. The acquisition was to offer expanded services to pipeline, industrial and commercial clients, LHB said in an Oct. 15 news release The expanded firm will operate under the LHB brand.
NREC, founded in 1997, provides engineering and management services related to the transmission petroleum industry including regulatory compliance, pipeline and facilities construction, water resources, waste disposal, land development, and environmental compliance. Its services span from basic due diligence audits to multifaceted capacity expansion projects and comprehensive regulatory audits.
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Category: Investors