T.L. James & Co. Forms Joint Venture With Netherlands Dredging Firm

G.W. James Jr., president, T.L.

James & Co., Inc., Ruston, La., has announced that his firm is in the process of forming a joint venture with Hollandshe Aanneming Maatshappij BV (HAM), Rijwijk, the Netherlands, for the purpose of entering the seagoing hopper dredging business. The venture plans to take construction bids on a small hopper dredge in the very near future, while concurrently developing designs for a second, larger vessel. T.L. James & Co., Inc., prominent in the heavy construction industry for over 50 years, has played a major role in keeping the nation's inland waterways open for the last 20 years through the use of its hydraulic and mechanical dredges. HAM is one of the world's major international dredging companies with current projects in Europe, the Middle East, Africa and Australia.

The decision to enter into the hopper dredging arena, which includes operations in open seas, was prompted by a recent decision of the U.S. Congress and the U.S. Army Corps of Engineers to allow private industry to compete for projects previously accomplished e x c l u s i v e l y by the Corps.

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