A KHL Group publication · Opera House and Selfridges as well as sites in Leicester and Birmingham in the English midlands. Nabekai Corporation (26th) was the highest placed Japanese

DEMOLITION &

RECYCLING INTERNATIONALA KHL Group publication www.demolitionworld.com

VOLUME 20NUMBER 3

MAY-JUNE 2018

Compact crushing

show guide

Dust control

show

D&Ri 05-06 2018 Front Cover.indd 1D&Ri 05-06 2018 Front Cover.indd 1 30/05/2018 10:34:2030/05/2018 10:34:20

9d&ri MAY-JUNE 2018

2018In the latest global listing of contractors by

turnover, an apparently uneventful year in

total revenue terms is only part of the story

as several companies made satisfactory,

and sometimes spectacular, progress.

Less than the sum of its parts?

encouraging given the challenges faced by the industry in the previous 12 months. As ever the excitement was in the twists, turns and changing fortunes that brought this collection of global demolition contractors together.

7,000.00

6,000.00

5,000.00

4,000.00

3,000.00

2,000.00

1,000.00

0

US$ M

2013 2014 2015 2016 2017 2018

TURNOVER TURNOVER POSITION (US$ M) (US$ M) 18 (17) COMPANY NAME LOCATION 2016 2017

2013 2014 2015 2016 2017 2018

d&ri100 5,106.10 6,033.00 5,459.27 5,875.64 6,150.76 6,120.63

Europe 2,707.60 3,772.00 2,906.32 3,319.45 3,264.38 3,422.41

North America 1,991.40 1,732.40 2,138.68 2,186.86 2,563.44 2,322.40

Rest of World 407.10 528.6 414.27 369.33 322.94 375.82

THE WORLD’S LARGEST DEMOLITION CONTRACTORS

YEAR ON YEAR

1 1 � North Star New York UNITED STATES 537.91 461.98

2 2 � Keltbray Esher UNITED KINGDOM EST 350.00 395.00

3 3 � Erith Contractors Erith UNITED KINGDOM 234.08 226.25

4 6 � Brandenburg Industrial Service Co Chicago UNITED STATES 189.00 208.00

5 8 � DH Griffi n Wrecking Co Greensboro UNITED STATES EST 150.00 171.00

6 4 � Penhall Anaheim UNITED STATES EST 200.00 EST 170.00

7 10 � Beelen Sloopwerken Harderwijk NETHERLANDS 132.58 152.98

8 7 � Wanty SA Binche BELGIUM EST 185.00 144.26

9 5 � McGee Group Wembley UNITED KINGDOM 192.50 140.60

10 9 � AF Gruppen Oslo NORWAY 145.00 138.14

POSITIONS 1 TO 10As night follows day, NorthStar leads the d&ri100. But for a second consecutive year, there is less of a gap than there had been 12 months earlier.

CEO Scott E State summed up

the year as follows: “During 2017 we focused our business mix towards large opportunities we had in the coal ash remediation space. In addition, emergency response from the unprecedented storm season diverted resources to those segments.”

The result was a decrease in turnover of more than $75 million, and the figure for 2019 will be eagerly awaited.

Just as the top company stayed the same, so did the chasing pack.

Keltbray retained second place, increasing turnover by close to $50 million and more than halving the differential between NorthStar and itself in the process, with demolition playing a leading part in an overall turnover increase for the group of 15%.

Erith Contractors, in third, celebrated 50 years in business during 2017 and marked its progress with a series of high-profile demolition jobs in its native south east of England – including the World Demolition Award-winning Marble Arch place in London – and the similarly honoured bulk

1 1 �

2 2 �

3 3 �

4 6 �

5 8 �

6 4 �

7 10 �

8 7 �

9 5 �

10 9 �

461.98

395.00

226.25

208.00

171.00EST 170.00

152.98

144.26

140.60

138.14

A t first glance the d&ri100 for 2018 echoed its predecessor of

the year before. Indeed, a drop in its total value of US$30 million spread across so many companies could even be viewed as

>10

D&Ri 05-06 2018 D&Ri100.indd 9D&Ri 05-06 2018 D&Ri100.indd 9 30/05/2018 10:43:5230/05/2018 10:43:52

10 MAY-JUNE 2018 d&ri

2018

pharmaceutical plant project across the Irish Sea for Bristol Myers Squibb.

The company backed this up with a £2 million ($2.7 million) investment in what it called “sustainable, technologically advanced plant”, adding that; “The past year has left us well placed to continue our better than best practice in 2018.”

The three positions below Erith were all US companies – with fourth-placed Brandenburg climbing two places and breaking the $200 million barrier in the process after a year that included the demolition of the retired 800 MW John Sevier fossil coal-fired power plant in Tennessee. This meant all the top six places were occupied by American or British businesses, but mainland Europe restored some sort of balance by filling three of the next four, including a 15% revenue rise for Netherlands-based Beelen Sloopwerken that took the company three places up the list to seventh. >13

TOP 20 COMPANIES IN THE AMERICAS POSITION TURNOVER 18 (17) COMPANY NAME LOCATION (US$ M) 2017

1 1 � North Star UNITED STATES 461.98

2 3 � Brandenburg Industrial Service Co UNITED STATES 208.00

3 4 � DH Griffi n Wrecking Co UNITED STATES 171.00

4 2 � Penhall UNITED STATES EST 170.00

5 12 � Manafort Brothers UNITED STATES 106.19

6 14 � Envirocon UNITED STATES 90.55

7 9 � Bierlein Companies UNITED STATES 86.70

8 6 � MCM Management Corporation UNITED STATES 71.72

9 12 � Priestly Demolition CANADA 60.98

10 10 � Delsan AIM CANADA 59.22

11 5 � Cherry Companies UNITED STATES EST 50.00

12 13 � Murray Demolition CANADA 47.43

13 15 � Nasdi UNITED STATES 46.34

14 18 � North American Dismantling Corp UNITED STATES 45.00

=15 7 � Ferma Corporation UNITED STATES 42.00

=15 NEW Total Wrecking & Environmental UNITED STATES 42.00

17 16 � ARC Abatement UNITED STATES 40.43

18 NEW Central Environmental Inc UNITED STATES 32.60

19 17 � Adamo Group UNITED STATES 31.23

20 19 � O’Rourke Wrecking Company UNITED STATES 31.00

1894.37

11 16 � Freimuth Abbruch und Recycling Bülkau GERMANY 96.00 EST 134.00

12 19 � Cardem Bischheim FRANCE 88.56 119.49

13 13 � Hagedorn Unternehmensgruppe Gütersloh GERMANY 113.16 117.60

14 14 � Max Wild Berkheim GERMANY 104.55 116.40

15 25 � Manafort Brothers Plainville UNITED STATES EST 65.00 106.19

16 NEW Delete Group Helsinki FINLAND 93.24

17 15 � McMahon Services Dry Creek AUSTRALIA 96.80 91.30

18 31 � Envirocon Boston UNITED STATES EST 50.00 90.55

19 21 � Bierlein Companies Midland UNITED STATES 78.10 86.70

20 36 � Liberty Industrial Glebe AUSTRALIA EST 45.00 73.87

21 27 � DSM Demolition Birmingham UNITED KINGDOM 58.52 72.96

22 12 � MCM Management Corporation Bloomfi eld Hills UNITED STATES 116.00 71.72

23 22 � Brown and Mason Dartford UNITED KINGDOM 72.21 69.56

24 32 � ETS Genier Deforge Magny Les Hameaux FRANCE 47.83 68.18

25 46 � Scudder Demolition London UNITED KINGDOM 38.25 66.50

26 41 � Nabekai Corporation Tokyo JAPAN 40.50 62.16

27 28 � Priestly Demolition King, Ontario CANADA 58.03 60.98

28 23 � Delsan AIM Montréal CANADA 66.60 59.22

29 18 � John F Hunt Grays UNITED KINGDOM 94.03 57.72

30 76 � Despe Torre de Roveri ITALY 27.06 EST 55.00

31 47 � Raz-Max St Petersburg RUSSIA 38.00 54.70

32 NEW Deconstruct UK London UNITED KINGDOM 50.52

33 11 � Cherry Companies Houston UNITED STATES 132.00 EST 50.00

34 26 � Squibb Group Stanford le Hope UNITED KINGDOM 61.60 49.45

35 40 � Ferraro Group Neunkirchen GERMANY 41.70 47.88

36 29 � Murray Demolition Etobicoke CANADA 56.10 47.43

37 24 � Cuddy Group Llandarcy UNITED KINGDOM 66.53 46.61

38 37 � Nasdi Woburn UNITED STATES 43.45 46.34

11 16 �

12 19 �

13 13 �

14 14 �

15 25 �

16 NEW

17 15 �

18 31 �

19 21 �

20 36 �

21 27 �

22 12 �

23 22 �

24 32 �

25 46 �

26 41 �

27 28 �

28 23 �

29 18 �

30 76 �

31 47 �

32 NEW

33 11 �

34 26 �

35 40 �

36 29 �

37 24 �

38 37 �

EST 134.00

119.49

117.60

116.40

106.19

93.24

91.30

90.55

86.70

73.87

72.96

71.72

69.56

68.18

66.50

62.16

60.98

59.22

57.72EST 55.00

54.70

50.52EST 50.00

49.45

47.88

47.43

46.61

46.34

96.00

88.56

113.16

104.55 EST 65.00

96.80 EST 50.00

78.10 EST 45.00

58.52

116.00

72.21

47.83

38.25

40.50

58.03

66.60

94.03

27.06

38.00

132.00

61.60

41.70

56.10

66.53

43.45



13d&ri MAY-JUNE 2018

2018

markets is underway.This part of the table also

included the highest placed Australian companies in the list, McMahon Services (17th) and Liberty Industrial (20th).

While Liberty was posting a significant increase to reach the top 20, the figure needed to reach this level was around $12 million down on its 2016 equivalent, providing its own pointer to the eventual value of the d&ri100 in total.

POSITIONS 21 TO 50DSM Demolition (21st) continued to reap the benefits of its management buyout, with an increase in turnover of close to 25%.

Scudder (25th) successfully completed projects across demolition, deconstruction and civils enabling including London-based contracts at the Lots Road power station, Royal Opera House and Selfridges as well as sites in Leicester and Birmingham in the English midlands.

Nabekai Corporation (26th) was the highest placed Japanese company in the d&ri100 and was one of several contractors in this part of the listing to improve on 2016 with some healthy percentage turnover increases. Others included the French firm ETS Genier Deforge (24th), Italy’s Despe (30th), Raz-Max from >14

TOP 20 COMPANIES IN EUROPE POSITION TURNOVER 18 (17) COMPANY NAME LOCATION (US$ M) 2017

1 1 � Keltbray UNITED KINGDOM 395.00

2 2 � Erith Contractors UNITED KINGDOM 226.25

3 6 � Beelen Sloopwerken NETHERLANDS 152.98

4 4 � Wanty SA BELGIUM 144.26

5 3 � McGee Group UNITED KINGDOM 140.60

6 5 � AF Gruppen NORWAY 138.14

7 9 � Freimuth Abbruch und Recycling GERMANY EST 134.00

8 11 � Cardem FRANCE 119.49

9 7 � Hagedorn Unternehmensgruppe GERMANY 117.60

10 8 � Max Wild GERMANY 116.40

11 NEW Delete Group FINLAND 93.24

12 15 � DSM Demolition UNITED KINGDOM 72.96

13 12 � Brown and Mason UNITED KINGDOM 69.56

14 17 � ETS Genier Deforge FRANCE 68.18

15 NEW Scudder Demolition UNITED KINGDOM 66.50

16 10 � John F Hunt UNITED KINGDOM 57.72

17 NEW Despe ITALY EST 55.00

18 NEW Raz-Max RUSSIA 54.70

19 NEW Deconstruct UK UNITED KINGDOM 50.52

20 14 � Squibb Group UNITED KINGDOM 49.45

2322.55

39 54 � PP O’Connor Manchester UNITED KINGDOM 33.88 46.18

40 45 � North American Dismantling Corp Lapeer UNITED STATES 38.90 45.00

41 35 � Takayama Kogyo Tokyo JAPAN 45.20 44.77

=42 17 � Ferma Corporation Mountain View UNITED STATES 95.30 42.00

=42 NEW Total Wrecking & Environmental Tonawanda UNITED STATES 42.00

44 42 � Hughes and Salvidge Portsmouth UNITED KINGDOM 40.35 41.44

45 39 � R Collard Hook UNITED KINGDOM 43.12 41.43

46 57 � DDM De Meern NETHERLANDS 33.45 41.20

47 30 � Cantillon Watford UNITED KINGDOM 51.59 40.73

48 43 � ARC Abatement Waco UNITED STATES 40.15 40.43

49 38 � Coleman & Company Birmingham UNITED KINGDOM 43.43 39.47

50 NEW G Tscherning Hedehusene DENMARK 38.94

51 52 � Thompsons of Prudhoe Prudhoe UNITED KINGDOM 34.50 38.86

52 88 � Marutone Apex Tokyo JAPAN 21.90 38.55

53 81 � Matsuda City Development Fukuoka JAPAN 24.80 37.53

54 51 � Avenir Deconstruction Artigues FRANCE 35.29 37.23

55 68 � F&R Industriedemontage und Abbruch Neukirchen GERMANY 29.50 35.79

56 63 � AWR Abbruch Urmitz GERMANY 31.17 35.52

57 50 � Prangenberg & Zaum Dusseldorf GERMANY 36.14 32.72

58 60 � Central Environmental Inc Anchorage UNITED STATES 31.90 32.60

overlook the fact that two other German companies – Hagedorn and Max Wild (13th and 14th) – both increased their annual turnover as well.

Splitting the trio was French contractor Cardem (12th) which climbed seven places to suggest that the recovery in some of Europe’s recently depressed

number of government projects it was engaged in.

He also believes that this is not the end of the upsurge, saying: “Last year was good, this year will be incredible. I can’t believe there is so much work.”

That was enough to boost Freimuth’s overall ranking by five places, which made it is easy to

POSITIONS 11 TO 20European companies really came into their own in this part of the listing, with a succession of solid performances from companies in Germany, France and Finland.

Stefan Lührs of Freimuth (11th) attributed his company’s performance to the booming German economy and the large




2018

Russia (31st) and PP O’Connor of the United Kingdom (39th). Netherlands-based DDM (46th) broke into the top 50 based on an increase in turnover of more than 20%. Its success leaned heavily on demolition of chemical plants and oil refineries in both Europe and Asia, with the newly established DDM Dismantling business making its own contribution. Raz-Max carved out a similar niche in the far east region of its home country, as well as on a major environmental project in Moscow itself.

Also in this part of the listing were the consistent performers Priestly Demolition (27th) and Delsan-AIM (28th), the highest placed Canadian contractors in the d&ri100.

POSITIONS 51 TO 75There was more Japanese progress in the shape of Marutone Apex (52nd) and Matsuda City Development (53rd) who found themselves sandwiched between contractors from the United Kingdom, France and Germany. In fact all the first seven companies in the bottom half of the d&ri100 posted increased turnovers and all except >17

59 92 � MGL Demolition Durham UNITED KINGDOM 20.76 32.56

60 56 � Moß Abbruch Erdbau Recycling Lingen GERMANY 33.46 32.52

61 NEW JH Laarakkers Rheinberg GERMANY 31.69

62 44 � Adamo Group Detroit UNITED STATES 40.00 31.23

63 53 � O’Rourke Wrecking Company Cincinatti UNITED STATES 34.25 31.00

64 59 � Occamat Noyant FRANCE EST 32.00 EST 30.99

65 62 � Syd Bishop Orpington UNITED KINGDOM 31.31 30.34

66 74 � Homrich Wrecking Carleton UNITED STATES 28.30 29.69

67 64 � Independence Excavating Independence UNITED STATES 31.00 29.00

68 73 � Eurco Vinkovci CROATIA EST 28.41 EST 28.34

69 90 � Vlasman Betonbewerkings Alphen aan den Rijn NETHERLANDS 21.46 28.13

70 97 � Central Demolition Bonnybridge UNITED KINGDOM 18.48 28.12

71 83 � Sungdo Construction Seoul SOUTH KOREA 24.54 27.64

72 48 � Kling Ellenberg GERMANY 37.50 26.85

73 65 � Kroeker Inc Fresno UNITED STATES 30.69 26.26

74 55 � American Demolition Corporation Elgin UNITED STATES 33.65 25.81

75 79 � Sauer Bau und Projektentwicklung Starnberg GERMANY 25.22 25.80

76 67 � Evans Brothers Livermore UNITED STATES 29.81 25.49

77 80 � Cawarden Group Derby UNITED KINGDOM 24.95 25.46

78 61 � Dickens Quality Demolition Phoenix UNITED STATES 31.86 25.16

79 78 � Sabre Demolition Warners UNITED STATES 26.06 25.04

80 82 � Boverhoff Heerde NETHERLANDS 24.75 24.90

81 71 � American Wrecking South El Monte UNITED STATES 28.97 24.78

82 72 � KDC Contractors Manchester UNITED KINGDOM 28.66 24.58

TOP 10 PERCENTAGE REVENUE INCREASE

TOP 10 INCREASE IN TURNOVER US$M

PERCENTAGE POSITION COMPANY NAME LOCATION INCREASE

TURNOVER POSITION COMPANY NAME LOCATION INCREASE (US$ M)

1 Marutone Apex JAPAN 76.0%

2 Scudder Demolition UNITED KINGDOM 73.9%

3 MGL Demolition UNITED KINGDOM 56.8%

4 Nabekai Corporation JAPAN 53.5%

5 Central Demolition UNITED KINGDOM 52.2%

6 Matsuda City Development JAPAN 51.3%

7 Raz-Max RUSSIA 43.9%

8 ETS Genier Deforge FRANCE 42.6%

9 PP O’Connor UNITED KINGDOM 36.3%

10 Cardem FRANCE 31.1%

1 Cardem FRANCE 30.93

2 Scudder Demolition UNITED KINGDOM 28.25

3 Nabekai Corporation JAPAN 21.66

4 Beelen Sloopwerken NETHERLANDS 20.40

5 ETS Genier Deforge FRANCE 20.35

6 Brandenburg Industrial Service Co UNITED STATES 19.00

7 Raz-Max RUSSIA 16.70

8 Marutone Apex JAPAN 16.65

9 DSM Demolition UNITED KINGDOM 14.44

10 Matsuda City Development JAPAN 12.73

Excludes new entries and estimated totals



17d&ri MAY-JUNE 2018

2018

83 91 � Armac Group Solihull UNITED KINGDOM 21.40 24.14

84 66 � Concrete Cutting and Breaking Grand Rapids UNITED STATES 30.21 24.05

=85 NEW AR Demolition Nuneaton UNITED KINGDOM 23.68

=85 NEW National Wrecking Company Chicago UNITED STATES 23.68

87 68 � Testa Corp Wakefi eld UNITED STATES 29.40 22.51

88 86 � Pece of Mind Orlando UNITED STATES 23.87 22.20

89 =99 � R Baker & Son Marlboro UNITED STATES 18.00 22.00

90 96 � Costello Dismantling West Wareham UNITED STATES EST 19.34 21.55

91 98 � Plannerer Pullenreuth GERMANY 18.10 21.48

92 NEW Berg Corporation Baltimore UNITED STATES 21.00

93 75 � Wooldridge Ecotec Bagshot UNITED KINGDOM 27.36 20.72

94 NEW Grant Mackay Woods Cross UNITED STATES 20.57

95 93 � EnviroVantage Epping UNITED STATES EST 20.00 EST 20.00

96 =33 � 777 Group Croydon UNITED KINGDOM 46.20 19.82

97 NEW Goody Demolition Canterbury UNITED KINGDOM 19.55

98 99 � Break Thru Enterprises Lombard UNITED STATES 18.00 19.24

99 =33 � TVF Altwert Berlin GERMANY 46.20 18.22

100 NEW DDS Demolition Margate UNITED KINGDOM 17.97

>18

Avenir Deconstruction of France improved their position at the same time.

The British company leading off this part of the listings was Thompsons of Prudhoe, based in the north east of England, and MGL Demolition (59th) made it a double success for the region with a huge increase in turnover of its own.

Sauer Bau of Germany, as well as rising four places in the table, held the symbolic 75th position, its turnover of $25.8 million being around $1.5 million lower than the total Wooldridge Ecotec posted in the same spot a year ago.

Only two of the six American companies in this quartile of the


REGIONAL BREAKDOWN

2016

2017

Total Revenue US$M 6,150.76

Total Revenue US$M 6,120.63

Margate

N

2016

RoW 6.2%

North America 37.9% Europe

55.9%

Avenir Deconstruction of France

2

TU

2

North America 41.7%

RoW 5.2%

Europe 53.1%

NEW ENTRIES TURNOVER POSITION COMPANY NAME LOCATION (US$ M) 2017

16 Delete Group FINLAND 93.24

32 Deconstruct UK UNITED KINGDOM 50.52

=42 Total Wrecking & Environmental UNITED STATES 42.00

50 G Tscherning DENMARK 38.94

61 JH Laarakkers GERMANY 31.69

=85 AR Demolition UNITED KINGDOM 23.68

=85 National Wrecking Company UNITED STATES 23.68

92 Berg Corporation UNITED STATES 21.00

94 Grant Mackay UNITED STATES 20.57

97 Goody Demolition UNITED KINGDOM 19.55

100 DDS Demolition UNITED KINGDOM 17.97

This year’s successes included United Kingdom-based PP O’Connor, which

climbed 15 places to enter the top 40



2018

Anglian Demolition & Asbestos Attleborough UNITED KINGDOM 11.84

AS Betondemontage Lehrte GERMANY EST 12.00

B&B Wrecking Cleveland UNITED STATES 14.30

Cambria Contracting New York UNITED STATES EST 14.00

Corbat Fiero ITALY EST 17.50

Dem-Master Bathgate UNITED KINGDOM 16.33

Denney Excavating Indianapolis UNITED STATES 17.75

Downwell Demolition Grays UNITED KINGDOM 13.32

Fratelli Omini Novate Milanese ITALY 17.75

General Smontaggi San Pietro M ITALY 11.87

Lindamood Demolition Irving UNITED STATES 14.03

Lloyd D Nabors Hutchins UNITED STATES 16.03

Lloyds Construction Services Savage UNITED STATES 9.98

Rachel Contracting St Michael UNITED STATES 17.96

Ramsey Excavating Minneapolis UNITED STATES 10.66

Rhine Demolition Tacoma UNITED STATES 14.80

Rocky Mountain Recycling Commerce City UNITED STATES 15.00

Somi Impianti Pescara ITALY 11.10

Uchimura Kogyo Tokyo JAPAN 13.47

Wring Group Bristol UNITED KINGDOM 14.00

TURNOVER COMPANY NAME LOCATION (US$ M) 2017

11.84EST 12.00

14.30EST 14.00EST 17.50

16.33

17.75

13.32

17.75

11.87

14.03

16.03

9.98

17.96

10.66

14.80

15.00

11.10

13.47

14.00

SELECTED COMPANIES OUTSIDE TOP 100

Australia 2

Belgium 1

Canada 3

Croatia 1

Denmark 1

Finland 1

France 4

Germany 13

Italy 1

Japan 4

Netherlands 4

Norway 1

Russia 1

South Korea 1

UK 27

USA 35

THE GLOBAL SPREAD

Extra informationMany of the companies featured in the d&ri100 have supplied videos and/or photographs of projects they have been involved in. To see these, please visit http://www.khl.com

Currency conversionExchange rates used to convert to US dollars are from a rolling five-year average between 2013 and 2017.

Sourcing the dataD&Ri invites and welcomes all demolition contractors worldwide to supply turnover data for the d&ri100 and the vast majority of the figures quoted are sourced by that method. Others are made up of reasonable estimates derived from company or financial websites or other online coverage of the demolition industry.

If you are not includedTo receive an entry form for the d&ri100 2019, please email [email protected]

listing improved their turnover relative to the previous year, leaving Homrich Wrecking the best performer with an increase of just under 5%.

POSITIONS 76 TO 100Inevitably, things tighten up considerably towards the end of the list, with barely $7.5 million separating the final 25 companies. Strong performances included those of AR Demolition and the

National Wrecking Company to enter the list at joint 85th, while R Baker & Sons posted a $4 million increase on a turnover that was only $18 million to start with, which earned it a climb of 10 places to 89th.

New entries, the lifeblood of the d&ri100, also become more frequent at this end of the table, with no fewer than four in the final nine positions.

These comprised two from

the USA – the World Demolition Awards winning Berg Corporation (92nd) and Grant Mackay two places further on – and two from the UK in the shape of Goody Demolition and DDS.

So there it is. The 2018 d&ri100 is decided, now the preparation starts for 2019. Will we see a new name at the top of the list, or will NorthStar remain out in front? As always, it will be fascinating to watch. ■


Documents

A KHL Group publication · Opera House and Selfridges as well as sites in Leicester and Birmingham in the English midlands. Nabekai Corporation (26th) was the highest placed Japanese