The company is also creating a new corporate center, whichincludes a finance division, a legal division and a newly createdadministrative division. All of the division heads will reportdirectly to Len C. Rodman, chairman, president and CEO. "Thecreation of market-based operating units will highlight the profitperformances of our various business activitites and will allow usto more effectively focus on the growth opportunities in our keymarkets," Rodman says. "At the same time, through the establishmentof the corporate center will be able to better manage our coststructure and achieve efficiencies across all divisions."

No employees are expected to lose their jobs as a part of therestructuring. As a part of the plan, 12 individuals have beennamed to head the new operating divisions. Wayne F. Hall, vicechairman and acting president of the company's process business,will assume responsibility for commercial affairs. Several offershave been made for BV Solutions Group, a computer consultingfirm-Web solutions provider. The company and its 550 employees willlikely remain in Kansas City, Rodman says.

Black & Veatch has more than 7,000 employees and 2,000 craftworkers in 90 offices worldwide. It is ranked 61st on the Forbeslist of 500 top private companies in the US. The engineering andconstruction company specializes in the fields of power,infrastructure, and telecommunications. The company works largelyfor utilities, industry and government agencies.