KBR finds slimming down boosts earnings in a big way
Houston Chronicle, August 5, 2015, By Sarah Scully
Photo: Mayra Beltran, Houston Chronicle Staff
KBR, a storied Houston company that established a global footprint building everything from malls to mines to offshore platforms, is finding new success with a lighter touch.
The construction and engineering company formerly known as Kellogg Brown & Root has slashed the number of business segments to five, from 16, while trimming $125 million in expenses over the past year alone. It's refocused its priorities solely on oil and gas and government services…
Full story in the Houston Chronicle.