Business Achievement: Large Firms (more than $100 million)


Gold MedalEcology and Environment, Inc. (E&E, Lancaster, NY), for generating a record $169.2 million in revenue during its 2011 fiscal year-an increase of $25.1 million over FY 2010-and a 64.5% increase in net income. E&E attributes its increased earnings to expanded services in renewable energy, mining, linear projects, and sustainability and its leadership in providing multidisciplinary solutions for large, complex projects in emerging global markets such as the Middle East, Africa, and South America. Recent acquisitions in the mining and alternative energy sectors and the increasingly active domestic markets for E&E's international subsidiaries, especially in Brazil, Peru, and Africa, are also fueling growth. E&E's energy sector is driving growth in the United States, with net revenues from environmental services for the full life cycle of renewable energy projects increasing 37% over the previous year. Revenue from E&E's solar sector doubled in 2011, and strong growth in the firm's wind sector continued with a current total of more than 380 projects in 35 states. Also, business from the geothermal sector increased 155% in 2011.

Silver MedalTetra Tech, Inc. (Pasadena, CA), for increasing gross revenue to more than $2.57 billion during the company's 2011 fiscal year, and increasing net revenue to $1.79 billion-an improvement of 22.7% over FY 2010. Growth was driven by strong demand for Tetra Tech's water-related services from mining, energy, and industrial clients. Over the past year, Tetra Tech successfully expanded its geographic reach and diversified its client mix, increasing its headcount to 13,000 employees in 330 offices worldwide. The company worked in more than 135 countries, up from 100 last year, and generated approximately 30% of net revenue from international clients-a significant milestone, considering that international business accounted for only 5% of revenue two years ago. Important new contract wins in water and environmental markets included: a $62 million clean water protection program with the U.S. Environmental Protection Agency; a $16 million U.S. Agency for International Development (USAID) Indonesia clean energy development program; and a $20 million contract to provide technical support for the Mexico Low Emissions Development (MLED) program, a cornerstone of USAID's global climate change initiative. Tetra Tech's backlog at the end of FY 2011 grew to $1.95 billion, an increase of 5.2% compared with FY 2010.

Bronze MedalPOWER Engineers (Boise, ID), for growing gross revenue by nearly 13% to approximately $229 million in 2011 while increasing profitability by 17%. POWER Engineers provides engineering services for power delivery and generation to a broad range of industries. The company is a global leader in serving the geothermal energy industry, and it has a strong niche in providing engineering services to the food processing and packaging industry, focusing on "inside the box" processes and controls. POWER Engineers' revenue growth has averaged 15 to 18% annually over the last 10 years, despite a flat 2009, as much of the industry experienced. The company attributes its solid 2011 growth to strength in key market segments, such as renewable energy and high-voltage transmission line development. In the renewables market, POWER Engineers serves the large utilities, such as Iberdrola and Southern California Edison, and it expects the renewables market to stay strong in 2012, along with the transmission market, which CEO Jack Hand sees as "huge" and as active as he has seen in his more than 30 years in the energy engineering business.