PRESS RELEASES

All Releases
Layne Christensen Announces New $135 Million Credit Facility
Apr 15, 2014
THE WOODLANDS, Texas, April 15, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that it has signed a new five-year $135 million senior secured asset-backed revolving credit facility (the "ABL Facility") with PNC Bank National Association
Layne Christensen's Heavy Civil Division Announces $24 Million in New Contracts
Apr 10, 2014
THE WOODLANDS, Texas, April 10, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that its Heavy Civil division has received two separate water infrastructure contracts with an aggregate value of approximately $24 million.
Layne Christensen's Water Resources Division Awarded $6.9 Million Contract
Apr 3, 2014
THE WOODLANDS, Texas, April 3, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that its Water Resources Division received a contract from the Broward County Department of Public Works in Fort Myers, Florida to drill two injection wells and
Layne Christensen's Geoconstruction Division Awarded New Contracts Totaling Approximately $50 Million
Mar 25, 2014
THE WOODLANDS, Texas, March 25, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Bencor Corporation of America, a wholly-owned subsidiary of Layne which operates as part of the Geoconstruction division, has received three separate
Layne Christensen To Present at Upcoming Investor Conferences
Feb 5, 2014
THE WOODLANDS, Texas, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Rene Robichaud, President and CEO of Layne, and James R. Easter, Layne's Chief Financial Officer, will be presenting at the following investor conferences
Layne Christensen's Geoconstruction Division Awarded $20.7 Million Contract
Jan 14, 2014
THE WOODLANDS, Texas, Jan. 14, 2014 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Costa Fortuna S.A., a wholly owned subsidiary of Layne which operates as part of the Geoconstruction division, received a contract to perform specialized
LAYNE CHRISTENSEN REPORTS THIRD QUARTER FISCAL 2014 FINANCIAL RESULTS
Dec 9, 2013
-- Revenues for Q3 FY 2014 declined to $216.5 million from $281.3 million in Q3 FY 2013 -- Inliner, Water Resources, and Heavy Civil operated profitably in Q3 FY 2014 -- Geoconstruction backlog rose to $104.8 million at October 31, 2013 from $38.2 million at July 31, 2013 -- Net loss from
Layne Christensen Company Announces Full Exercise of Over-Allotment Option by the Initial Purchaser of its 4.25% Convertible Senior Notes due 2018
Dec 5, 2013
HOUSTON, Dec. 5, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) (the "Company") announced today that the initial purchaser of the Company's previously announced private placement of 4.25% Convertible Senior Notes due 2018 (the "notes") has exercised in full the initial purchaser's
Layne Christensen Company Schedules Release of Fiscal 2014 Third Quarter Financial Results and Conference Call
Dec 2, 2013
THE WOODLANDS, Texas, Dec. 2, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that it will issue its financial results for the fiscal 2014 third quarter ended October 31, 2013 on Monday, December 9, 2013 before the stock market opens.
Layne Christensen Company Completes Placement of 4.25% Convertible Senior Notes Due 2018; Raises $110.0 Million in Gross Proceeds
Nov 12, 2013
HOUSTON, Nov. 12, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) (the "Company") announced today the completion of its private placement of $110.0 million aggregate principal amount of 4.25% Convertible Senior Notes due 2018 (the "notes").
Layne Christensen Company Prices Offering of $110.0 Million 4.25% Convertible Senior Notes Due 2018
Nov 6, 2013
HOUSTON, Nov. 6, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) (the "Company") announced today the pricing of its offering of $110.0 million aggregate principal amount of 4.25% Convertible Senior Notes due 2018 (the "notes"). The notes will be offered and sold to qualified
Layne Christensen Company Announces Offering of $75 Million Aggregate Principal Amount of Convertible Senior Notes
Nov 4, 2013
HOUSTON, Nov. 4, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) (the "Company") announced today its intention to offer and sell, subject to market and other conditions, $75 million aggregate principal amount of Convertible Senior Notes due 2018 (the "notes") in a private offering
Layne Christensen's Geoconstruction Division Awarded $6.5 Million Subcontract
Oct 22, 2013
THE WOODLANDS, Texas, Oct. 22, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that Costa Fortuna S.A., a wholly owned subsidiary of Layne which operates as part of the Geoconstruction division, received a contract to perform foundation
Layne Christensen Awarded $57 Million Subcontract for Central Subway Project in San Francisco
Oct 15, 2013
THE WOODLANDS, Texas, Oct. 15, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") announced today that its Geoconstruction division received a contract from Tutor Perini Corporation (NYSE:TPC) to build the foundation for three underground subway stations for
LAYNE CHRISTENSEN ANNOUNCES $19 MILLION GEOCONSTRUCTION CONTRACT
Sep 18, 2013
THE WOODLANDS, Texas, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne") today announced that its Geoconstruction Division received a contract to provide specialized foundation work in connection with the construction of Transbay Tower in San Francisco.
LAYNE CHRISTENSEN RELOCATES TO NEW CORPORATE HEADQUARTERS IN THE WOODLANDS
Sep 16, 2013
THE WOODLANDS, Texas, Sept. 16, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne") today announced that effective today the Company has moved into its new, permanent corporate headquarters in The Woodlands, Texas, a suburb of Houston.
LAYNE CHRISTENSEN REPORTS SECOND QUARTER FISCAL 2014 FINANCIAL RESULTS
Sep 6, 2013
Revenues for Q2 FY 2014 declined to $232 million from $288 million in Q2 FY 2013 Q2 FY 2014 results were significantly impacted by: Pre-tax losses of $20.5 million at Geoconstruction as result of continued weak demand in the US and South America which included a $14.6 million, non-cash goodwill
John T. Nesser III Elected to Layne Christensen's Board of Directors
Aug 29, 2013
THE WOODLANDS, Texas, Aug. 29, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that on August 23, 2013 the Board of Directors elected John T. Nesser III as an independent director, effective September 5, 2013. Mr.
Layne Christensen Company Schedules Release of Second Quarter Fiscal 2014 Financial Results and Conference Call
Aug 28, 2013
THE WOODLANDS, Texas, Aug. 28, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that it will issue its financial results for the fiscal 2014 second quarter ended July 31, 2013 on Friday, September 6, 2013 before the stock market opens.
Layne Christensen Sells SolmeteX Division
Aug 8, 2013
MISSION WOODS, Kan., Aug. 8, 2013 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or the "Company") today announced that on July 31, 2013 it sold all of the assets of its SolmeteX division to Gemini Investors, Riveria Investment Group and the management team of the SolmeteX
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