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Stone and Webster : ウィキペディア英語版
Stone & Webster

Stone & Webster was an American engineering services company based in Stoughton, Massachusetts. Stone & Webster was founded as an electrical testing lab and consulting firm by electrical engineers Charles Stone and Edwin Webster in 1889. It was acquired and integrated as a division of The Shaw Group in 2000,〔http://www.bizjournals.com/boston/stories/2000/07/17/daily2.html〕 then by Technip in 2012.〔http://www.technip.com/en/press/technip-completes-acquisition-stone-webster-process-technologies-and-associated-oil-and-gas-en〕 The company provides engineering, construction, environmental services, and plant operation and maintenance. The company has long been involved in power generation projects and has worked on most American nuclear power plants. In the early 20th century, Stone & Webster was also known for operating streetcar systems in many cities across the United States; examples include Dallas, Houston and Seattle.
==History==

Charles A. Stone and Edwin S. Webster first met in 1884 and became close friends while studying electrical engineering at the Massachusetts Institute of Technology. In 1890, only two years after graduating, they formed the Massachusetts Electrical Engineering Company. The name was changed to Stone & Webster in 1893. Their company was one of the earliest electrical engineering consulting firms in the United States.
Stone & Webster's first major project was the construction of a hydroelectric plant for the New England paper company in 1890. Stone & Webster not only had valuable insight into developing and managing utilities but they also had keen intuition for businesses to invest in. Through the panic of 1893, Stone & Webster were able to acquire the Nashville Electric Light and Power Co. for a few thousand dollars and later sold it for $500,000.
Throughout the next ten years, Stone & Webster acquired interest in large number of utilities while offering managerial, engineering and financial consulting to a number of independent utility firms. Even though Stone & Webster were not a holding company, their financial and managerial presence meant that they had considerable influence in policy decisions. They would often be paid in utility stock.〔
By 1912, the company divided itself into three specialized subsidiaries:〔
* Stone & Webster Engineering
* Stone & Webster Management Association
* Stone & Webster Investments
In 1927, Stone & Webster expanded the investments business, merging its securities subsidiaries with the investment banking firm of Blodgett & Co. founded in 1886, to form Stone & Webster and Blodgett Inc. In January, 1946, the name of the business, was changed to Stone and Webster Securities Corporation. Stone and Webster Securities was one of the 17 U.S. investment banking and securities firms named in the United States Department of Justice's antitrust investigation of Wall Street commonly known as the Investment Bankers Case.〔United States of America, Plaintiff, Against Henry S. Morgan, Harold Stanley, Et Al., Doing Business as Morgan Stanley & Co., Et Al., Defendants〕
Stone & Webster, Inc., has since offered its customers in the United States and the world engineering, design, construction, consulting, and environmental services to build electric power plants, petrochemical plants and refineries, factories, infrastructure, and civil works projects. Stone & Webster helped build substantial portions of the nation's power production infrastructure, including coal, oil, natural gas, nuclear, and hydroelectric plants constituting around 20 percent of U.S. generating capacity. The company played a significant role in the nation's defense efforts during World War I and II and afterwards, helping develop the A-Bomb, constructing large shipyards, and creating alternate means of production of strategic materials such as synthetic rubber. Much of the world's capacity in petrochemical and plastics development was also developed as a result of Stone & Webster efforts.

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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