Michael M. Ryan, P.E., vice president of transportation for Michael Baker Corporation (NYSE MKT:BKR), was presented with The Distinguished Award of Merit by the American Council of Engineering Companies/Pennsylvania (ACEC/PA) on February 7, 2013, at its Annual Banquet which recognizes the best consultant projects for 2012. He received the award for leading the Keystone Transportation Funding Coalition’s effort to meet with nearly every member of the Pennsylvania General Assembly to advance funding for transportation. “Mike sets the bar for an extraordinary volunteer effort for an ACEC/PA member,” the organization said in presenting the award. “His actions are widely felt throughout our industry as ACEC/PA and the Keystone Transportation Funding Coalition are well-known throughout the halls of the state Capitol.” Ryan joined Baker in 2008 as vice president of transportation in the Harrisburg, Pa., office. Previously, he served five years as vice president of H.W. Lochner, Inc., which followed a 35-year career with the Pennsylvania Department of Transportation where he held several management positions including district engineer, state director of maintenance, chief engineer and deputy secretary for highway administration. He holds a Bachelor’s Degree in Civil Engineering from the University of Pennsylvania and a Master’s Degree in Civil Engineering from Bucknell University, and is a member of several professional trade associations. “We congratulate Mike on this award and for leading the cause for transportation funding in Pennsylvania,” said Eric Frary, vice president and Pennsylvania state office principal. “His dedication to this effort and tireless work is greatly appreciated by Baker and the transportation infrastructure industry at large.” Michael Baker Corporation ( www.mbakercorp.com) provides engineering, design, planning and construction services for its clients’ most complex challenges worldwide. The firm's primary business areas are architecture, aviation, defense, environmental, geospatial, homeland security, municipal & civil, oil & gas, rail & transit, telecommunications & utilities, transportation, urban development and water. With more than 3,000 employees in over 100 offices across the United States, Baker is focused on creating value by delivering innovative and sustainable solutions for infrastructure and the environment.
Shares of Michael Baker Corporation (AMEX:BKR) were gapping down Wednesday morning with an open price 10.3% lower than Tuesday's closing price. The stock closed at $20.62 yesterday and opened today's trading at $18.50.
Shares of Michael Baker Corporation (AMEX:BKR) have taken a tremendous swing upward. The stock is trading at $21.61 as of four p.m. ET, 24.9% above Monday's closing price of $17.30. Volume is at 206,183, 5.7 times the daily average of 36,000.