In comparison, some of its highest paying competitors, like Jacobs Engineering Group, Roper Technologies, and Kiewit, pay $83,403, $67,199, and $64,748, respectively. The average employee at Great Lakes Dredge & Dock makes $56,923 per year. Great Lakes Dredge & Dock is a great place to work and is featured as number 1 on Zippia's list of Best Companies to Work for in Oak Brook, IL. This established company loves to hire graduates from Texas A&M University, with 13.6% of its employees having attended Texas A&M University. Great Lakes Dredge & Dock has been around for a long time. In April 2014, the Company announced that it has completed the sale of NASDI, LLC and Yankee Environmental Services, LLC, its two subsidiaries that comprise the historical demolition business, to a privately owned demolition company located in the Midwest. The Company operates in two segments: dredging and demolition. The Company has a 50% interest in Amboy Aggregates (Amboy), a sand dredging operation in New Jersey and a 50% interest in TerraSea Environmental Solutions, (TerraSea) an environmental remediation services business. Great Lakes provides dredging services in the East, West, and Gulf Coasts of the United States and worldwide. These funds will be distributed to the Great Lakes as a system, not individual ports, completely eliminating the need for ports to compete against one another for funding.Public Great Lakes Dredge & Dock Corporation (Great Lakes) is a provider of dredging services in the United States. The legislation requires the federal government to incrementally increase expenditures from the HMTF until they reach 100 percent in 2025. By using a surplus of funds, about $9.5 billion, given to the Harbor Maintenance Trust Fund (HMTF) from taxed cargo for dredging, the issue could be completely eliminated. The Water Resources Reform and Development Act of 2014 set a new course, one, that if followed, will end the dredging crisis on the Lakes. The surplus of funds given to the Harbor Maintenance Trust Fund (HMTF) from taxed cargo would leave $9.5 billion that could be used towards dredging. This man-made crisis of overbearing sediment results in lower carrying capacities for vessels, especially during low water level shipping seasons. It’s estimated that 13.5 million cubic yards of sediment clog the Great Lakes System due to inadequate funding.
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