 The company finally emerged from bankruptcy in late 2003, and under the Shaw Group, Stone & Webster was a subsidiary of a global leader with revenue of over $3.3 billion.The Stone & Webster subsidiary retained 5,000 employees, with significant global operations associated with construction and engineering projects, hazardous waste management, and environmental services.In 2008, "ENR" ranked the Stone & Webster subsidiary of The Shaw Group subsidiary as first in revenue for Power EPC, and fifth by Revenue in Process & Petrochemical EPC.