Terms of the agreement weren’t disclosed.
VHB acquired Drive Engineering, a 16-year-old transportation engineering firm. Pictured is VHB/Drive Engineering's office in Upper Gwynedd Township near Lansdale, Montgomery County.VHB acquired Drive Engineering, a 16-year-old transportation engineering firm, with offices in East Pennsboro Township near Camp Hill; in Upper Gwynedd Township near Lansdale, Montgomery County, and in Philadelphia.
“This partnership reflects VHB’s commitment to shaping the future of mobility while growing our presence in key markets like Pennsylvania,” Michael Carragher, chair and CEO of VHB, said in a news release. “By combining Drive’s technology-informed approach with VHB’s integrated services, we can accelerate innovation and deliver smarter, more resilient transportation systems for communities across the East Coast.”Drive Engineering co-founders Mario Toscano and Allie Slizofski will join VHB. Officials at VHB said that through the acquisition, VHB will strengthen its capabilities in Intelligent Transportation Systems, traffic operations, and data-informed mobility planning. New York-based VHB employs around 2,300 scientists, planners, and designers. The company was founded in 1979 and has more than 30 offices in 14 states and the District of Columbia.Daniel Urie is an award-winning business reporter for the PA Media Group/PennLive/The Patriot-News. He was born and raised in the Harrisburg area and has been employed at his hometown newspaper since 2010. He...
Mergers-And-Acquisitions East-Pennsboro-Township New-York Section:/Business
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The World’s Best Scotch—According To One Of New York’s Top Whisky ExpertsWe asked the beverage director for one of the city's top-rated Japanese restaurants to name his favorite everyday scotch, along with a pair of pricier Japanese whiskies.
Read more »
Nine-time MLB All-Star pitcher joining New York MetsThe former Alabama high school standout is seeking to play in a 17th big-league season.
Read more »
Winter storm hits NYC area: Track snow updatesA powerful winter storm is blasting the New York Tri-State area, bringing heavy snow and dangerous conditions to New York City, New Jersey and Connecticut.
Read more »
Winter storm arrives in New York City, Tri-State with heavy snow expectedSnow began falling across New York City and the Tri-State Area early Sunday, marking the start of what forecasters say could be the heaviest snowfall the region has seen in years.
Read more »
Why Legendary London Restaurateur Jeremy King Is Staging a New York Pop-UpThe founder of London institutions like The Ivy and Le Caprice has landed at People’s in Greenwich Village with a menu featuring three of his classic dishes.
Read more »
California Post ushers in new era of journalism with ‘the DNA of the New York Post’Fox News Channel offers its audiences in-depth news reporting, along with opinion and analysis encompassing the principles of free people, free markets and diversity of thought, as an alternative to the left-of-center offerings of the news marketplace.
Read more »