Company logo
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Public | |
Traded as | : ACM S&P 400 Component |
Industry | Professional services |
Founded | 1990 |
Headquarters | Los Angeles, California |
Area served
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Worldwide |
Key people
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Michael S. Burke (CEO) |
Revenue | $ 19.2 billion (2014 including URS) |
$ 535.19 million (FY 2015) | |
Profit | $ 154.85 million (FY 2015) |
Total assets | $ 5.67 Billion (FY 2012) |
Total equity | $ 2.23 Billion(FY2012) |
Number of employees
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approx. 95,000 |
Website | www.aecom.com |
AECOM (/eɪ.iːˈkɒm/ ay-ee-KOM) (formerly known as AECOM Technology Corporation) is an American multinational engineering firm that provides design, consulting, construction, and management services to a wide range of clients.
AECOM has approximately 95,000 employees, and is number 156 on the 2016 Fortune 500 list.Fortune named AECOM as one of 2015 World's Most Admired Companies, and again in 2016 & 2017.Engineering News-Record ranked AECOM as Number 1 Global Design Firm.
The company's official name from 1990 to early January 2015 was AECOM Technology Corporation. Today, it is known simply as AECOM. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol ACM and on the under the ticker symbol E6Z.
Operating through more than a dozen subsidiaries, AECOM traces its origins to Kentucky-based Ashland Oil & Refining Company, which in turn grew out of Swiss Drilling Company, founded in Oklahoma in 1910 by J. Fred Miles. He gained control of some 200,000 acres and formed Swiss Oil Company in Lexington. In 1924 Miles launched a refining operation called Ashland Refining Company, headed by an ambitious young man named Paul Blazer. While the parent company struggled, leading to the ouster of Miles, Ashland prospered under Blazer's leadership, and in 1936 he was named chief executive officer of the reorganized company, Ashland Oil & Refining Company. In 1966 Ashland acquired Warren Brothers and became involved in the highway construction and construction materials business. The company was now able to take fuller advantage of refinery byproducts used to produce asphalt. Ashland grew into one of the nation's major road-construction firms and laid a future foundation for AECOM. Through a series of acquisitions and technological developments prior to the buyout, Ashland grew to include chemical, petrochemical, highway construction, and construction materials firms within its realm, laying the groundwork for the creation of Ashland Technology in 1985.