April 15, 2021
The Washington Companies announced today the appointment of Frank Butzelaar as its Chief Operating Officer (COO), effective May 17, 2021. In this new position, Mr. Butzelaar remains based in Vancouver, BC, Canada, and will provide oversight of key transportation companies Montana Rail Link, Seaspan Marine Transportation, and Southern Railway of British Columbia. More….
March 29, 2021
The Washington Companies announced today the appointment of Jerry Lemon as Chief Financial Officer, effective immediately. The new position will provide oversight of all financial, accounting, and treasury functions for all operations that comprise the Washington Companies. More….
January 4, 2021
The Washington Companies are pleased to welcome Jon Bennion as the new Government Affairs Director based in Helena, Montana. Starting January 5, 2021, Jon will work with government affairs veteran Mike Halligan on all aspects of the Washington Companies. More….
November 3, 2020
Industry veteran Jeff Schwarz will become the new President of Modern Machinery as of November 30, 2020. Most recently, Jeff was Group President of Materials Solutions at Astec Industries, Inc., in Chattanooga, Tennessee. More….
Montana Resources announces retirement of Rolin Erickson and names Montana Tech alum Jack Standa as new president
October 5, 2020
It is with mixed emotions that Montana Resources announces Rolin Erickson’s retirement at the end of 2020. Rolin joined Montana Resources in the fall of 2004 and established himself as a proven leader at the mine, the Washington Companies, and in the community. More….
April 22, 2020
In light of the unprecedented impact of the COVID-19 pandemic and the rapid contraction of the global diamond market, Dominion Diamond Mines, a portfolio company of the Washington Companies, announced that it is seeking insolvency protection under the Companies’ Creditors Arrangement Act (CCAA). More….
Dominion Diamond Mines obtains initial Order of Protection under Companies’ Creditors Arrangement Act
April 22, 2020
Dominion Diamond Mines ULC announced today that it and certain of its affiliates have filed for insolvency protection under the Companies’ Creditors Arrangement Act and obtained an order from the Alberta Court of Queen’s Bench granting Dominion protection under the CCAA. More….
April 13, 2020
A personal video message from the Washington family to all employees across the Washington Companies. More….
April 2, 2020
Effective immediately, Modern Machinery Co., Inc. (“Modern Machinery”) has appointed Lamont Cantrell as President. Lamont joined the company in 2003. More….
Envirocon, Inc. Names former Washington Group International leader Greg Therrien as President and CEO
April 2, 2020
Effective immediately, Envirocon, Inc. (“Envirocon”) has appointed Greg Therrien as President and CEO. He brings over 34 years of construction and engineering industry experience which includes senior leadership positions with Morrison-Knudsen (MK), Washington Group International (WGI), and URS Corporation. More….
Dominion Diamond Mines announces decision to suspend operations at Ekati Diamond Mine in response to coronavirus pandemic
Calgary, AB – March 19, 2020
Dominion Diamond Mines ULC (“Dominion”) today announced that it has decided to suspend operations at the Ekati Diamond Mine (“Ekati”) to safeguard its employees and the communities surrounding its operations from threat posed by the Coronavirus (COVID-19) pandemic. More….
Missoula, Mont. – January 8, 2020
The Washington Companies (“Washington Companies”) today announced that Patrick “Pat” Merrin has been named Chief Operating Officer – Mining. The newly-created position will provide oversight of existing Washington Companies’ mining operations at Montana Resources in Butte, Montana, and Dominion Diamond Mines in the Northwest Territories, Canada, as well as any potential expansion opportunities in the future. More….
Calgary, AB and Missoula, Mont. – November 1, 2017
Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) and The Washington Companies, a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, today announced the completion of the previously-announced plan of arrangement pursuant to which Northwest Acquisitions ULC, an entity affiliated with Washington, acquired all of the issued and outstanding common shares of the Company for US$14.25 per share in cash. More….
Dominion Diamond Corporation to be acquired by The Washington Companies for US$14.25 per share in cash
US$1.2 Billion Acquisition Represents 44% Premium to Dominion’s Unaffected Share Price
Yellowknife, Northwest Territories and Missoula, Mont. – July 17, 2017
Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) and The Washington Companies , a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, today announced that they have entered into an arrangement agreement under which an entity affiliated with Washington will acquire all of Dominion’s outstanding common shares for US$14.25 per share in cash or a total equity value of approximately US$1.2 billion pursuant to a plan of arrangement under the Canada Business Corporations Act. More….
Larry Simkins and David Sokol to Join as Directors
Hong Kong – April 10, 2017
Seaspan Corporation (NYSE: SSW) announced today that its Board of Directors has appointed Larry Simkins, President, Chief Executive Officer and Director of the Washington Companies (“WashCo”), to its Board to replace Graham Porter, who has resigned as a Director of the company to focus on other personal and professional commitments. Following Seaspan’s 2017 Annual General Meeting, it is anticipated that the Board will expand from eight to nine members and will add David Sokol, a Director of WashCo and experienced executive, as a Director. More….
THE WASHINGTON COMPANIES DISCLOSE ALL-CASH PROPOSAL TO ACQUIRE DOMINION DIAMOND CORPORATION FOR US$13.50 PER SHARE
US$1.1 Billion Proposal Would Provide Substantial Premium to Dominion Diamond Shareholders
Missoula, Mont. – March 19, 2017
The Washington Companies (“Washington”), a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, today announced that it has made a proposal to the board of directors of Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (“Dominion”) for a transaction in which Washington would acquire all of the outstanding common shares of Dominion for US$13.50 per share in cash, representing a 36 percent premium to Dominion’s closing stock price on March 17, 2017 and a 54 percent premium to the price when discussions ended on March 15, 2017. More….