Poor labor productivity and rising construction and subcontractor costs are said to be what triggered the cost overrun issues that were plaguing McDermott International Inc. on two of its major construction projects, leading the company to submit a prepackaged bankruptcy filing that it says will eliminate more than $4.6 billion in debt. It’s been two
Poor labor productivity, rising costs plagued McDermott before bankruptcy filing
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
