BATON ROUGE, La.--(BUSINESS WIRE)--Oct. 27, 2004--The Shaw Group
Inc. (NYSE:SGR) today announced that the South Rim Maintenance and
Warehouse Facility at the Grand Canyon National Park has been awarded
the prestigious Leadership in Energy and Environmental Design (LEED)
certification by the U.S. Green Building Council. The project was
designed and constructed by Shaw's subsidiary, Shaw Beneco, Inc.,
under contract to the National Park Service (NPS). The LEED Green
Building Rating System(R) certification program was initiated in 1998
by the U.S. Green Building Council (USGBC) to encourage and facilitate
the design and construction of sustainable buildings.
The Grand Canyon project consisted of design and construction of
five new buildings, including an office building, vehicle maintenance
facility, warehouse, enclosed vehicle storage and covered storage on a
fifteen-acre campus with access roads, parking, storage yard, utility
corridor, and areas designated for future expansion. Design concepts
focused on meeting functional needs while minimizing impacts on
natural and cultural resources, and increasing operational efficiency.
Renewable, recyclable, and reusable materials were used extensively in
the project. The project incorporated several environmentally friendly
specialty systems, including a system to use re-claimed water for
sewage disposal and a natural gas re-fueling station for vehicles.
Certification was achievable thanks to the collaborative efforts of
extensive "bridging documents" prepared by the NPS Denver Service
Center, as well as collaborative efforts of Shaw Beneco, Atkins-Benham
Architects, and Park personnel.
The USGBC's LEED certification follows a rigorous application
process. Of nearly 1,600 applications received since the inception of
the LEED program, only 130 buildings have been awarded certification.
The Grand Canyon project is Shaw's first LEED-certified building
constructed as a Shaw design-build project. Additional information
about the project is available on the USGBC site at
Diana Severs Ferguson, President of Shaw Environmental and
Infrastructure, Inc. said, "We are especially proud of attaining LEED
certification for the Grand Canyon project. Shaw's capabilities in
sustainable design and construction further exemplify our commitment
to restoring and protecting the environment."
The Shaw Group Inc. is a leading global provider of technology,
engineering, procurement, construction, maintenance, fabrication,
manufacturing, consulting, remediation, and facilities management
services for government and private sector clients in the power,
process, environmental, infrastructure and emergency response markets.
A Fortune 500 company, The Shaw Group is headquartered in Baton Rouge,
Louisiana, and employs approximately 17,000 people at its offices and
operations in North America, South America, Europe, the Middle East
and the Asia-Pacific region. For further information, please visit the
Company's website at www.shawgrp.com.
The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for certain forward-looking statements. The statements
contained herein that are not historical facts (including without
limitation statements to the effect that the Company or its management
"believes," "expects," "anticipates," "plans," or other similar
expressions) and statements related to revenues, earnings, backlog, or
other financial information or results are forward-looking statements
based on the Company's current expectations and beliefs concerning
future developments and their potential effects on the Company. There
can be no assurance that future developments affecting the Company
will be those anticipated by the Company. These forward-looking
statements involve significant risks and uncertainties (some of which
are beyond our control) and assumptions and are subject to change
based upon various factors. Should one or more of such risks or
uncertainties materialize, or should any of our assumptions prove
incorrect, actual results may vary in material respects from those
projected in the forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. A description of some of the risks and uncertainties that
could cause actual results to differ materially from such
forward-looking statements can be found in the Company's reports and
registration statements filed with the Securities and Exchange
Commission, including its Form 10-K and Form 10-Q reports, and on the
Company's website under the heading "Forward-Looking Statements".
These documents are also available from the Securities and Exchange
Commission or from the Investor Relations department of Shaw. For more
information on the company and announcements it makes from time to
time on a regional basis visit our website at www.shawgrp.com.
CONTACT: The Shaw Group Inc., Baton Rouge
Chris D. Sammons, 225-932-2546
SOURCE: The Shaw Group Inc.