Selection Process for Orange Code and Orange Leadership Awards

Orange Code and Orange Leadership awards are intended to be highly selective. Only about 1% of our employee population will receive these awards. Recipients of these awards may be nominated by any Furmanite employee. Finalist and award winner will be selected by a global review committee.

Nomination Process

ll Furmanite employees are eligible to be nominated for and earn these awards. Employees may be nominated by any Furmanite employee who has personal knowledge regarding the employee’s achievements. Any employee can nominate his or her boss, peer or subordinate.

We encourage all Company employees to evaluate their fellow employees with regard to the criteria listed below. If an employee feels that he/she knows an employee who exemplifies the behaviors and actions delineated below, he or she should nominate that employee.

There is no limit on the number of employees that can be nominated. Nominations are made by sending a one page e-mail to CBritsch@Furmanite.com. The e-mail should describe what the employee has done to exemplify the Orange Code or Orange Way. An employee may be nominated for both awards if the nominating employee feels that an employee’s actions/behaviors fit the criteria below.

All nominations will be collected by Carl Britsch and will be submitted to a global Review Committee comprised of employees from all levels in the Company.

The Review Committee will read the nominations and will determine which, if any, awards might be appropriate. An employee can be nominated for both awards, but each nomination will be reviewed separately by the Review Committee.

Employees who lead or direct teams may be nominated as well as those who make outstanding individual contributions. A team, however, cannot be nominated.

Nomination letters (via e-mail) should describe in detail what the employee has done to exemplify the Orange Code and/or Orange Way. Clearly explain why you believe the person you nominate should receive the award, in one page or less. If you are not sure how to write a nomination of this type, please feel free to ask someone in your local office for assistance. The Review Committee may ask for additional information, including supporting documentation, to clarify the employee’s achievements.

Please
submit all nominations to CBritsch@Furmanite.com by November 8th.

Furmanite buys EnGlobal

Furmanite buys ENGlobal's Gulf Coast operations

HOUSTON (AP) - Specialty industrial services company Furmanite is buying ENGlobal Corp.'s Gulf Coast operations in a deal valued at about $21.5 million, as it looks to broaden the services it offers customers.
ENGlobal said that the transaction — which consists of about half of its business — includes mostly cash due at closing, as well as a $3.5 million promissory note issued with a parent company guarantee.
In October ENGlobal announced that it was considering its strategic options. These alternatives included the potential sale of the entire company as well as the sale of some of its assets.
Furmanite Corp. said Tuesday that the deal struck by its subsidiary Furmanite America Inc. includes ENGlobal's in-plant operations in the Gulf Coast area, along with the offices that support those operations. The offices are located in Beaumont, Deer Park and Freeport, Texas; Baton Rouge and Lake Charles, La. They also provide specialty technical services related to the development, management and execution of projects.

     ENGlobal's customers include refining/petrochemical operators and maintenance and engineering and construction contractors that serve the oil and gas markets. The company said that it will keep its engineering operations and all of its automation operations in Houston, Tulsa, Okla.; Mobile, Ala.; Denver and Chicago.
ENGlobal said it will use the deal's net proceeds to pay back outstanding debt. Chairman and CEO William Coskey said in a statement that the company's turnaround plan — combined with the acquisition — will help to lower its debt and vendor obligations by about $50 million. Approximately 900 full-time ENGlobal workers affected by the acquisition will join Furmanite's technical solutions unit. The management team will also transfer to Furmanite. EnGlobal will have 500 employees remaining. Both companies' boards approved the deal, which is expected to close within 60 days.