This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

PS&S Partners With GSE Global To Further Expand Worldwide Reach













WARREN, N.J., Dec. 11, 2012 /PRNewswire/ --  Paulus, Sokolowski & Sartor (PS&S) has partnered with GSE Group, the respected French design and build firm, to open offices in China, Brazil, Dubai, and other non-U.S. locales, the companies announced today. The PS&S/GSE partnership will better serve existing clients who are developing multi-million dollar projects outside of the United States, providing clients with greater efficiencies and local, on-the-ground support.

"Our clients continue to expand overseas and they've told us there is increasing pressure on their U.S. based project managers to build facilities in the emerging markets," said Anthony Sartor, PS&S chairman and chief executive officer. "This partnership, coupled with our state-of-the-art technology, will help remove some of the guesswork clients experience by having U.S. based project managers develop projects overseas. It establishes a framework where we can develop design packages anywhere in the world depending on where the stakeholders are located.  And now with GSE's expertise in local markets, we are able to seamlessly provide turn-key design and build services there."

The new partnership will benefit the U.S. based Biopharmaceutical and Fortune 500 clients of PS&S that are seeking expansion overseas. PS&S and GSE are currently collaborating on a turn-key project in China and gearing up for another in Europe. 

"GSE, which has had more than $100 million in contracts in 2012, is now the first French construction company in the Chinese market," said Robert De Marchi, General Manager of GSE China.  "Our strategy in the coming years is to reinforce this position, considering that the development of the Chinese market brings huge opportunities for companies providing Design & Build solutions. The cooperation between PS&S and GSE is fully in line with this strategy and will help us to offer more competencies and extend services to our common clients.  We believe the combination of our resources will be very successful."

"The ability to follow our customers wherever the location worldwide, and to offer the same Design and Build commitment, based on engineering services and local regulation codes, is a smart business model," confirmed Jean Marie Reinwalt, GSE's Business Development Director. "Working on new projects with U.S. based customers, and offering to them the same D&B services, based on PS&S experiences and local knowledge, will help us to develop future Life Science projects, one of the mainstays of both organizations."  

"We will continue providing and managing design packages for projects in places like China, Brazil, Mexico and Germany without having to leave New Jersey," said Emad Youssef, PS&S senior vice president, who has been assisting the firm's pharmaceutical clients for more than 25 years.  "But now, we will have a valuable local partner in every locale. Every one of our clients is asking us to limit travel and lodging costs as much as possible.  Our alliance with GSE will give us the local support needed to continue on our path of efficiently designing and building overseas.  But for those clients who request it, we also have the flexibility to put our PS&S subject leaders on site, side-by-side with the local GSE liaison. "

Founded in 1962, Paulus, Sokolowski & Sartor (PS&S) has evolved into a unique best-in-class architecture and engineering (AE) firm, providing design and permitting services to a wide range of corporate, institutional and commercial clients. PS&S is ranked among the top national design firms by Engineering News Record (and among the top 15 national engineering firms in pharmaceuticals). Recognized both for its breadth of services and depth of expertise, it is a one-stop resource for planning, permitting and design at the local, State and Federal levels.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs