Tetra Tech
 |
|
| Public | |
| Traded as | NASDAQ: TTEK |
| Industry | Professional services |
| Founded | 1966 |
| Headquarters | Pasadena, California, United States |
|
Number of locations
|
400 |
|
Area served
|
Worldwide |
| Revenue |
 $2.3 billion (FY 2015) |
|
Number of employees
|
16,000 |
| Divisions | Water, Environment & Infrastructure, Resource Management & Energy |
| Website | tetratech.com |
Tetra Tech, Inc. provides consulting, engineering, program management, and construction management services that address fundamental needs for water, environment, infrastructure, resource management, and energy. Tetra Tech’s services for consulting and engineering projects include applied science, information technology, engineering, design, construction management, and operations and maintenance.
Engineering News-Record ranked Tetra Tech number one in water treatment/desalination, water treatment and supply, environmental management, environmental science, consulting studies, and solid waste.
Tetra Tech is listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) as TTEK.
Headquartered in Pasadena, California, Tetra Tech has 16,000 employees in 400 offices worldwide. In 2014, Tetra Tech worked on more than 54,000 separate projects in more than 110 countries. Its clients include U.S. commercial, U.S. federal, and U.S. state and local government clients. Commercial clients include companies in the chemical, energy, mining, pharmaceutical, retail, aerospace, automotive, petroleum, and communications industries. No single client, except for U.S. federal government clients, accounted for more than 10 percent of the company’s revenue in fiscal 2014.
The company is organized in two business groups: Water, Environment & Infrastructure (WEI) and Resource Management & Energy (RME).
Tetra Tech, Inc. was founded in 1966—then Water Management Group of Tetra Tech Inc.—by four individuals in Pasadena, California, to provide engineering services to waterways, harbors, and coastal areas. The company has increased its size and scope of business substantially through internal growth and strategic acquisitions. At the end of 2014 Tetra Tech reported gross revenues of $2.5 billion.
Tetra Tech achieved steady growth during its first years designing waterway structures at harbors, ports, and marinas; supporting water quality control projects; supporting oil and gas exploration projects; and calculating the effects of offshore military activities for the Department of Defense.
In 1977 Tetra Tech offered common stock on the American Stock Exchange and used this capital to expand its services, from developing methods to predict the level and frequency of floods and causes of acid rain to environmental impact studies of gas pipeline construction and installing Hydro Products equipment for the U.S. Navy. By 1979, Tetra Tech was helping to analyze data used in exploring Alaska’s North Slope for oil.
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