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CB&I Builds the Energy Infrastructure
By Stephen D. Simpson, CFA
March 9, 2005

Here's the trick about commodities such as oil and gas, chemicals, or even water -- if you can't move them around where you want and store them when they get there, they're not good for very much. As an integrated firm offering engineering, fabrication, and construction services to the natural resources industry, Chicago Bridge & Iron (NYSE: CBI) helps ensure that resource producers and users can move and store the materials they need.

Fueled largely by strong demand for liquid natural gas (LNG) facilities, CB&I closed 2004 with a strong quarter. Sales were up 21%, net income climbed 32%, and new business taken in the quarter totaled $1.4 billion (versus $400 million a year ago)...
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