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Zachry-Odebrecht Awarded TxDOT's Grand Parkway


October 1, 2012 - Coral Gables, FL

The Texas Department of Transportation (TxDOT) approved the award of the State Highway 99 Grand Parkway project segments F1, F2 and G, to Zachry-Odebrecht Parkway Builders. These segments total approximately 37 miles in length running through Harris and Montgomery Counties. The project consists of more than 50 bridges, frontage roads and associated drainage, as well as utility infrastructure. The overall Grand Parkway is a proposed 180-mile highway crossing seven counties in the Greater Houston Area.

Zachry-Odebrecht is a design-build joint venture that assembled a team with deep engineering and construction resources, significant local knowledge and experience, and complex transportation project experience to design and build the Grand Parkway, segments F-1, F-2, and G. Parsons Transportation Group will serve as the design lead, teamed with Dannenbaum Engineering, Brown & Gay Engineers, Inc. and PGAL as segment Leads, in addition to other local engineering firms.

The team challenged its design and construction members to develop a design and project approach that is innovative and tailored to meet TxDOT's needs. The result is a value-added concept that brings technical solutions and cost reduction through the implementation of alternative technical concepts. Zachry-Odebrecht will create more than 800 direct local jobs throughout construction.

About Zachry-Odebrecht
Zachry-Odebrecht Parkway Builders is a fully integrated joint venture strategically aligned to bring TxDOT a team of design-builders with local and international resources.

About Zachry
Rooted in 85 years of experience, Zachry Construction Corporation was formed in 2008 in a realignment of the Zachry family enterprise. We value our reputation and successes in leadership by CEO David Zachry's grandfather, H.B. "Pat" Zachry, and father H.B. "Bartell" Zachry, Jr. The company's legacy includes more than 5,500 public and private sector projects across the country and around the world. From the Dallas "High Five" Interchange to the U.S. Embassy in Moscow, Zachry Construction Corporation builds structures that matter. Zachry has pioneered techniques that have become the standard for today's heavy and building construction. Zachry's strong financial position and innovative private / public partnerships compliments our extensive capabilities to build and maintain complex facilities and infrastructure for our clients. For more details, please visit www.zachrycorporation.com.

About Odebrecht
Founded in 1944 in Brazil, the Odebrecht Organization is today a diversified business leader that operates in more than 20 countries and employs more than 170,000 people worldwide. Ranked by ENR as the 15th largest international contractor in the world (2011), Odebrecht USA opened its office in 1990, and since then it has successfully delivered projects throughout the United States. Odebrecht has a particular emphasis on public-sector infrastructure projects of vital importance for federal, state and local governments, as well as important private developers. Odebrecht USA has generated more than 84,200 jobs and awarded $655 million in contracts to small businesses. For more details, please visit www.odebrecht.com.

Contact:
Thais Reiss
Odebrecht
Phone: (713) 235-1868
E-Mail: treiss@odebrecht.com

Tara Snowden
Zachry Construction
Phone: (210) 274-3437
E-Mail: treiss@odebrecht.com

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