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Stantec

Stantec Inc.
Public
Traded as STN
STN
Industry
Founded Edmonton, Alberta (1954 (1954))
Founder
  • Dr. Don Stanley
Headquarters Edmonton, Alberta, Canada
Number of locations
400
Area served
Worldwide
Key people
Revenue
  • IncreaseCAD $2.88 billion (2015)
  • $2.53 billion (2014)
Profit
  • DecreaseCAD $156,378 million (2015)
  • $164,498  million (2014)
Total assets
  • IncreaseCAD $951.4 million (2015)
  • $844.7 million (2014)
Total equity
  • IncreaseCAD $2.341 Billion (2015)
  • $1.086 billion (2014)
Number of employees
  • Increase+22,000 (2016)
  • 15,000 (2015)
Subsidiaries
Website Official website
Footnotes / references

Stantec Inc. is an international professional services company in the design and consulting industry. Founded in 1954, as D. R. Stanley Associates in Edmonton, Alberta. Stantec provides professional consulting services in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics for infrastructure and facilities projects. The Company provides services on projects around the world through over 22,000 employees operating out of more than 400 locations in North America and 7 locations internationally.

Dr. Don Stanley was the first Canadian to earn a Ph.D. in environmental engineering. Attending Harvard University on a Rockefeller Foundation scholarship, he earned his doctorate in 1952 and two years later founded D.R. Stanley & Associates, working as the sole proprietor out of a 250-square-foot (23 m2) office in Edmonton, Alberta. In 1955 Stanley hired a retired railway engineer, Herb Roblin, and a former chief bridge engineer for the provincial government, Louis Grimble. The firm was renamed Stanley, Grimble and Roblin Ltd. With the two new partners’ transportation backgrounds, the firm diversified quickly.

The 1970s were boom years for Stanley Associates, but with the advance of the sharp recession of the 1980s, Stanley was ready to turn the company over to his second-in-command, Ron Triffo, in 1983. Triffo held a bachelor's degree in civil engineering from the University of Manitoba and a MSc in Engineering from the University of Illinois. In 1983, when Alberta’s economy was struggling in response to the Canadian government’s National Energy Program, Triffo became president and COO, while Stanley retained his role as CEO and chair. “We had cut our staff in half from 400 to about 200,” Triffo said. “We really started to think about a new way of doing things for the company. We were heavily involved in Alberta in a big, big way and therefore very vulnerable to the up and down cycles of the province. We decided we had to diversify the company in a discipline sense. We had to become more than just a civil engineering company and we had to diversify geographically.”


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