Vanderweil Engineers Celebrates 50th Anniversary
August 14, 2000
Vanderweil Engineers is celebrating its 50th Anniversary in 2000, and at the same time, is initiating an Ownership Transition program. Through the program, the managing principles of its four operating companies in Virginia, Massachusetts, Florida, and New Jersey have been appointed president of their respective firms. Then, over a number of years, ownership will be transferred to these key present and future contributors through a leveraged buy-out arrangement.