Layne Christensen Company (LAYN)

Layne Christensen Company operates as drilling and construction company that provides solutions for the water, mineral, and energy markets. The company’s Water Resources segment offers water-related products and services, including hydrologic design, source of supply exploration, well and intake construction, and well and pump maintenance and rehabilitation services. This segment also provides water treatment equipment and engineering services for the treatment of regulated and nuisance contaminants. Its Inliner segment offers process, sanitary, and storm water rehabilitation techniques and services to municipalities and industrial customers dealing with aging infrastructure needs. This segment also provides full system renewal services, including Janssen structural renewal for service lateral connections and mainlines, slip lining, traditional excavation and replacement, and form and manhole renewal with cementitious and epoxy products. The company’s Mineral Services segment conducts ground drilling activities, including various phases of core drilling, reverse circulation, dual tube, hammer, and rotary air-blast methods; and provides exploratory and definitional drilling services. Layne Christensen Company serves government agencies, investor-owned utilities, industrial companies, multi-national mining companies, consulting engineering firms, oil and gas companies, and power companies, as well as the agribusinesses. The company was formerly known as Layne Inc. and changed its name to Layne Christensen Company in June 1996. Layne Christensen Company was founded in 1882 and is headquartered in The Woodlands, Texas. Layne Christensen Company operates as a subsidiary of Granite Construction Incorporated.