CDM Smith

CDM Smith
Private
Industry Global Engineering Services; Architectural Services; Engineering Consulting; Full service Design Build Construction and Engineering Firm[1]
Founded 1947
Headquarters Boston, Massachusetts
Area served
 Worldwide
Key people
 Timothy B. Wall (Chairman and Chief Executive Officer); Anthony B. Bouchard (President and Chief Operating Officer); Thierry Desmaris (Executive Vice President - Finance and Mergers & Acquisitions); Julia Forgas (Executive Vice President - Marketing & Communications)
Revenue $1.28 Billion (2015)[1]
Number of employees
 5,000
Website www.cdmsmith.com

CDM Smith is an engineering and construction company which provides solutions in water, environmental, transportation, energy, and facilities projects for public and private clients.[2] The employee owned company is currently ranked 22nd on Engineering News-Record's 2015 Top 500 Design Firms list[3] and 13th on their 2015 Top 200 Environmental Firms list.[4][5]

History

Camp Dresser & McKee (CDM) was founded in 1947 by Thomas Camp with partners Herman Dresser and Jack McKee.[6] In 2011, CDM acquired Wilbur Smith, a 1,000-employee transportation engineering firm to form CDM Smith.[7] CDM Smith later acquired the Ohio-based Louis Perry Group in late 2014 as an independent subsidiary to expand its industrial expertise in the rubber and plastic industry.[8] In 2015, CDM Smith moved its headquarters from a 180,000 square foot space at 50 Hampshire St, Cambridge, Massachusetts to a 120,000 sq ft office space at 75 State Street in Boston.[9]

front of 75 State Street, Boston, MA
75 State Street, Boston, Massachusetts

On June 21, 2017, the US Justice Department declined to prosecute CDM Smith for corruption, despite finding that the company had paid $1.18 million to officials in India.[10] In July 2017, CDM Smith agreed to pay around $4 million to the US Treasury.[11]

Investigations by the Fraud Section of the Criminal Division of the Department of Justice intro bribery were closed, after CDM Smith agreed to disgorge US $4 million. CDM Smith has been sanctioned by the World Bank for “failing to disclose a subcontract on a project in Vietnam, and were conditionally non-de-barred for one and half years.[11]

On July 15, 2017, it was announced that the Goa government has asked state chief secretary Dharmendra Sharma to investigate bribes from CDM Smith in India.[12] Based on Special Investigation Team (SIT) of Central Vigilance Commission (India's anti-corruption watchdog), [13] [14] [15] [16] [17] India's Central Bureau of Investigation (parallel to USA's FBI) filed first FIR in this case on February 02, 2018.[18]

Principal subsidiaries

CDM Smith's principal subsidiaries are:[1]

  • CDM Constructors Inc.
  • CDM Federal Programs Corporation
  • CDM International Inc.
  • CDM Smith Consult GmbH (Germany)
  • CDM Smith Danismanlik ve Mühendislik Ltd. (Turkey)
  • CDM Smith Ireland Limited
  • CDM Smith Sp.z.o.o. (Poland)
  • The Louis Perry Group

References

  1. 1 2 3 Gale.
  2. ↑ Bloomberg.
  3. ↑ 2015 Top 500 Design Firms
  4. ↑ 2015 Top 200 Environmental Firms
  5. ↑ ENR Top Lists.
  6. ↑ CDM Smith.
  7. ↑ Toll Road News.
  8. ↑ Medina Gazette.
  9. ↑ Boston Business Journal.
  10. ↑ Rubenfeld, Samuel (June 30, 2017). "U.S. Declines to Prosecute Engineering Company for Bribery". Wall Street Journal. United States. Retrieved July 1, 2017.
  11. 1 2 "US Firm Accused Of Paying $1.18 Million To Indian Officials For Highway Contracts". NDTV. July 11, 2017. Retrieved July 30, 2017.
  12. ↑ "Goa chief secretary to conduct inquiry in CDM Smith bribery case". The Indian Express. July 15, 2017. Retrieved July 30, 2017.
  13. ↑
  14. ↑
  15. ↑
  16. ↑
  17. ↑
  18. ↑

Bibliography

  • "International Directory of Company Histories". Gale Virtual Reference Library. Gale. 2015.
  • "Company Overview of CDM Smith Inc". Bloomberg L.P. 2016.
  • "Engineering News-Record Top Lists". Engineering News-Record. 2015.
  • "Times Change, and We Change With Them". CDM Smith. 2016.
  • "Wilbur Smith Associates brand retired, becoming part of a new CDM Smith". Toll Road News. 2011.
  • "CDM Smith moves headquarters from Cambridge to Boston". Boston Business Journal. 2015.
  • "Wadsworth's Louis Perry is retiring on his own terms". The Medina Gazette. 2014.
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