U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales 
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
One Percent Rule Checklist For Safer Forex Trading Risk 
LOS ANGELES, April 11, 2017 -- The Indonesian Infrastructure Partnership has awarded Morrison Knudsen a $1.2 billion contract in Kalimantan, Indonesia. The contract is for the engineering and construction of a new harbor and load out facilities for the country's expanding pulp and paper industry. Included in the work is the construction of a 600 acre load out/storage yard, 35 miles of new resource roads, 12 stationary dock cranes and a standalone power station to sustain the new harbor.
The project is a vote of confidence for the aggressively expanding pulp industry in Indonesia. After its completion it will increase the country's pulp and paper export capacity by 7 percent. Additionally it will open up close to 1200 square miles of country for further development in the mining and energy industries. The Company anticipates hiring 1200 Indonesians for the 3 year project.
ABOUT MORRISON KNUDSEN
Founded in 1912, Morrison Knudsen is a recognized world leader in heavy civil construction, energy, mining, transportation, power, defense, naval facilities, environmental cleanup and engineering. Signature projects include the Hoover Dam, the Alaska Pipeline, the Kennedy Space Center and the Grand Coulee Dam. The Company has constructed world class projects in 65 countries and is a premier construction and engineering leader.
Contact: Morrison Knudsen [email protected]
