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Company type | Former private company |
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Industry | Energy, chemical, and process industries |
Founded | 1968 in Wilmington, Delaware |
Founder | William J. (Bill) Allen |
Defunct | 2007 |
Fate | Acquired by CH2M Hill |
Headquarters | , USA |
Area served | Worldwide |
Key people | Now a part of CH2M Hill. Former executives included Tammy Kerrigan, Interim CEO Peter Leathard, president & COO Roger Chan, EVP & CFO |
Services | Engineering, design/build, construction, project management, procurement, operations and maintenance services |
Owner | CH2M Hill. Formerly owned by Allen Limited Partnership (62%) Tammy Kerrigan Revocable Trust (17%) Leathard Limited Partnership (10%) Roger Chan (6%) Bill Allen (5%) |
Number of employees | 4,000 (2007) |
Subsidiaries | Commonwealth Construction VECO Construction Norcon ECC-VECO VECO Federal VECO Gas Technologies, Inc. RTX Inc. |
Website | veco |
VECO Corporation was an American oil pipeline service and construction company until its purchase in September 2007 by CH2M Hill. As of that date, the VECO Corporation ceased to exist. Founded in 1968 as Veltri Enterprises by Wayne Ray Veltri, renamed VE Construction after being bought in 1970 by Bill Allen and in 1979 changed to VECO Corp. The company grew to become a major player in the Alaskan oil industries' support. VECO also was a worldwide player in the oil industry, having divisions in many major oil markets.