Southland Holdings Acquires American Bridge Company
This acquisition complements Southland Holdings’ portfolio that includes tunneling, facilities and pipelines, heavy highway, bridge, and marine construction. The Southland Holdings family has completed more than 50,000 projects in 60 countries. The addition of American Bridge expands the company’s geographic reach, resources, and ability to deliver a wide range of infrastructure projects.
“The acquisition of American Bridge into the Southland Holdings family is an exciting addition and natural fit, as we continue to build on our diverse and dynamic position as global leaders in infrastructure engineering and construction,” said Frank Renda, CEO of Southland Holdings.
American Bridge has erected thousands of signature bridge and specialty structures. After its founding, the company began to operate on an unprecedented global scale, giving rise to a company town — Ambridge, Pennsylvania — that still exists today. From the construction of the San Francisco-Oakland Bay Bridge in the 1930s to the San Francisco Self-Anchored Suspension Span in 2013, American Bridge has never shied away from challenging projects. Projects include the original Tappan Zee Bridge, Verrazano Narrows Bridge, Straits of Mackinac Bridge, Chesapeake Bay Bridge, Queensferry Crossing, and the recently opened Governor Mario M. Cuomo (new Tappan Zee) span.
In addition to their construction success, American Bridge committed 100 percent of their capacity from 1941 to 1945 to America’s defense efforts including manufacturing 199 Landing Ship Tanks. American Bridge has constructed space shuttle launch complexes, submarine bases, and the 120-foot-diameter Unisphere for the 1964 New York World’s fair. With this acquisition, Southland Holdings returns American Bridge to a U.S.-owned firm after 30 years of foreign ownership.