NASDAQ:BWMN

Bowman Expands to Tennessee, Appoints Matthew Hamby, PE to Lead Office

Retrieved on: 
Friday, August 4, 2023
Commercial Building & Real Estate, Construction & Property, Consulting, Urban Planning, Landscape, Professional Services, Architecture, Other Construction & Property, Residential Building & Real Estate, Other Professional Services, Matthew Bowman, Growth, PE, PA Consulting Group, Management, Bowman

In connection with the expansion, Bowman has appointed Matthew Hamby, PE as Nashville branch manager to lead local operations and growth in the area.

Key Points: 
  • In connection with the expansion, Bowman has appointed Matthew Hamby, PE as Nashville branch manager to lead local operations and growth in the area.
  • Establishing an office in Nashville builds upon Bowman's successful track record of serving national clients in the area.
  • Since joining Bowman, Matthew has quickly secured relationships with several top national healthcare providers in Tennessee.
  • "Being a middle-Tennessee native, I am proud to lead Bowman's expansion into my home state and into the city that I love," said Matthew Hamby, Nashville branch manager at Bowman.

Bowman Increases Borrowing Capacity Under Revolving Credit Facility

Retrieved on: 
Thursday, August 3, 2023
Consulting, Engineering, Professional Services, Manufacturing, First, Revolver, Bank, Partnership, Bank of America, Huron Consulting Group, Credit, Cryptocurrency

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced today that it has completed a First Amendment to Amended and Restated Credit Agreement (the “First Amendment”) with respect to the Company’s revolving credit facility (the “Revolver”) with Bank of America, N.A.

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced today that it has completed a First Amendment to Amended and Restated Credit Agreement (the “First Amendment”) with respect to the Company’s revolving credit facility (the “Revolver”) with Bank of America, N.A.
  • The First Amendment increases the maximum principal amount under the Revolver from $50 million to $70 million, modifies certain provisions related to interest rate spreads and unused fees, and extends the term to July 31, 2025.
  • “As we continue to execute on our strategic growth initiative, our credit facility allows us to be nimble and capitalize on opportunities as they present themselves,” said Gary Bowman, Bowman’s Chairman and CEO.
  • “We appreciate our long-standing partnership with Bank of America.”

Bowman Awarded New Contract from J. Ranck Electric to Provide Engineering Services on 200 MW Solar Array

Retrieved on: 
Tuesday, July 25, 2023
Architecture, Other Energy, Professional Services, Utilities, Alternative Energy, Energy, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Other Professional Services, Building Systems, Consulting, Mid-Western Highway, EVP, Bowman, Inflation, Inflation Reduction Act of 2022, JRE, PA Consulting Group, Drainage, Engineering, Renewable energy

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced that the firm has been awarded a $1.4 million engineering design services contract by J. Ranck Electric, Inc (JRE) for a new 200 MW solar array located in the Mid-Western United States.

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) announced that the firm has been awarded a $1.4 million engineering design services contract by J. Ranck Electric, Inc (JRE) for a new 200 MW solar array located in the Mid-Western United States.
  • This contract builds on $2.1 million of awards that the Company received from JRE in late 2022.
  • Bowman will provide special use permit planning and engineering design services including civil design, electrical engineering for array design, and structural engineering for balance of systems equipment foundations.
  • “Our extensive experience in utility-scale solar positions us to deliver these specialized services and keep pace with the market’s rapidly changing requirements.

Bowman Consulting Group Announces Dates for Second Quarter 2023 Earnings Release and Webcast

Retrieved on: 
Monday, July 17, 2023
Consulting, Engineering, Professional Services, Manufacturing, Bowman, Huron Consulting Group, Cryptocurrency

Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the second quarter of 2023 after the U.S. financial markets close on Monday, August 7, 2023.

Key Points: 
  • Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the second quarter of 2023 after the U.S. financial markets close on Monday, August 7, 2023.
  • The Company will host a webcast to discuss its second quarter results at 9:00 a.m.
  • Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call followed by a question-and-answer session.
  • Links to the live webcast of the event and subsequent replay of the event will be available on the Bowman Investor Relations website at https://investors.bowman.com .

Bowman Awarded Contract by City of Yonkers for Flood-Resilient Design of Fernbrook Park

Retrieved on: 
Wednesday, July 12, 2023
Environment, Other Professional Services, Sustainability, Urban Planning, Landscape, Consulting, Building Systems, Environmental Health, Other Construction & Property, Architecture, Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Natural Disasters, Alternative Energy, Energy, Climate Change, Bowman, PLA, City, Flight Consulting Group, Hudson River, Industrial design, Tunnel

Bowman Consulting Group Ltd. (the “company” or “Bowman”) (NASDAQ: BWMN) has been contracted by the City of Yonkers, NY, to provide landscape architecture design, civil engineering and permitting services for a new 2-acre waterfront park in the Ludlow neighborhood.

Key Points: 
  • Bowman Consulting Group Ltd. (the “company” or “Bowman”) (NASDAQ: BWMN) has been contracted by the City of Yonkers, NY, to provide landscape architecture design, civil engineering and permitting services for a new 2-acre waterfront park in the Ludlow neighborhood.
  • The project is the largest expansion of Yonkers’ park system in decades and the first waterfront park in Southwest Yonkers.
  • “We value this opportunity to help the City of Yonkers bring a new park to the Ludlow area,” said Jaryd Moran, PLA, Principal at Bowman.
  • Bowman has previously provided landscape architecture services in the City of Yonkers for the waterfront Enslaved African Rain Garden at 20 Water Grant Street.

Bowman Welcomes Michael Sylvester as Vice President of New Jersey Operations to Lead Statewide Service Expansion

Retrieved on: 
Thursday, July 6, 2023
Architecture, Professional Services, Alternative Energy, Energy, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Other Professional Services, Engineering, Urban Planning, Consulting, Manufacturing, Growth, PA Consulting Group, Management, Renewable energy, Bowman

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) has appointed Michael Sylvester as vice president of New Jersey operations.

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN) has appointed Michael Sylvester as vice president of New Jersey operations.
  • He is widely recognized as a national and local leader in brownfield development and possesses a strong background in operations management and finance.
  • “Michael’s exceptional leadership skills and deep understanding of operations make him the ideal fit to guide our New Jersey team,” said Michael Bruen, chief operating officer at Bowman.
  • I am thrilled to be a part of this journey and eager to help this team reach its full potential.”

Bowman Expands Southwest Gas On-Call Engagement into Southern Nevada

Retrieved on: 
Thursday, June 22, 2023
Professional Services, Engineering, Oil, Gas, Manufacturing, Energy, Consulting, Partnership, Flight Consulting Group, Natural Resources, Weather, Environment, Airline, Southwest Gas, Bowman

The Southern Nevada contract is the first Southwest Gas engagement for Bowman in the state.

Key Points: 
  • The Southern Nevada contract is the first Southwest Gas engagement for Bowman in the state.
  • Since 2014, Bowman has delivered survey, civil engineering, design, and planning services to Southwest Gas’ Arizona Central and Southern divisions.
  • Southwest Gas Corporation provides natural gas service to more than 2 million customers throughout Arizona, Nevada, and portions of California.
  • “Southwest Gas is a leading utility and trusted services provider to its customers,” said Gary Bowman, chairman and CEO of Bowman.

Bowman Providing Engineering Consulting for Strathmore Square Mixed-Use Development

Retrieved on: 
Tuesday, June 20, 2023
Consulting, Residential Building & Real Estate, Commercial Building & Real Estate, Urban Planning, Manufacturing, Construction & Property, Professional Services, Building Systems, Architecture, Engineering, Other Construction & Property, Communication, Washington Metropolitan Area Transit Authority, Flight Consulting Group, Senior, Culture, Montgomery, Water, Bowman, WMATA, Tunnel, Construction, MD

Bowman Consulting Group Ltd. (the “company” or “Bowman”) (NASDAQ: BWMN) is working with Fivesquares Development to supply full-service engineering consulting for Strathmore Square, an eight-acre mixed-use community at the Grosvenor-Strathmore Metro Station in Bethesda, MD.

Key Points: 
  • Bowman Consulting Group Ltd. (the “company” or “Bowman”) (NASDAQ: BWMN) is working with Fivesquares Development to supply full-service engineering consulting for Strathmore Square, an eight-acre mixed-use community at the Grosvenor-Strathmore Metro Station in Bethesda, MD.
  • The company is providing civil engineering design, survey and plat development and arborist services for the project’s first three phases.
  • Bowman also developed site plans for each phase, including constructing three residential buildings, including senior housing, and a 1.25-acre park.
  • “The Strathmore Square project is a true collaboration between our team, Fivesquares Development, Montgomery County and WMATA to successfully navigate the site’s challenges,” said Scott Delgado, Executive Vice President at Bowman.

Bowman Enables Growth in Battery Storage Sector

Retrieved on: 
Wednesday, June 14, 2023
Architecture, Other Energy, Professional Services, Data Management, Batteries, Energy, Technology, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Engineering, Consulting, Manufacturing, PA Consulting Group, Jeremiah Peabody's Polyunsaturated Quick-Dissolving Fast-Acting Pleasant-Tasting Green and Purple Pills, Acquisition, Bowman, Growth, Fixing America's Surface Transportation Act, BESS, Legislation

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the firm has reached the milestone of having completed 100 battery energy storage system (BESS) engineering assignments nationwide.

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the firm has reached the milestone of having completed 100 battery energy storage system (BESS) engineering assignments nationwide.
  • The recent passing of the “Fiscal Responsibility Act of 2023” included provisions that enable fast tracking of permitting for the battery storage industry under the 2015 FAST Act (Section 41001(6)(A)).
  • Bowman has seen marked increases in BESS contracts in these regions along with emerging expansion in the Mid-West and Mid-Atlantic.
  • ”Bowman has the network of nationwide professionals, the breadth of services and the industry experience we require to support our leadership role and enable our teams to successfully meet market demand for battery energy storage.”

Bowman Acquisition of California-Based Infrastructure Engineers Expands Public Sector Focus

Retrieved on: 
Tuesday, June 13, 2023
Engineering, Other Construction & Property, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Public sector, City, Growth, Engineer, PA Consulting Group, Acquisition, Bowman, Central California

Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of California-based Advanced Applied Engineering, Inc., dba Infrastructure Engineers (“Infrastructure”).

Key Points: 
  • Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced the acquisition of California-based Advanced Applied Engineering, Inc., dba Infrastructure Engineers (“Infrastructure”).
  • “Infrastructure Engineers is a well-respected firm with cultural values that align with ours and we are pleased to welcome their employees and customers to Bowman,” said Gary Bowman, Chairman and CEO of Bowman.
  • “The firm’s focus on public sector infrastructure design and its depth of experience in construction management consulting are extremely complementary to our long-term growth and diversification initiatives.
  • “We have a depth of experience with public sector infrastructure that will provide Bowman a solid foundation from which to grow that market nationally.