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Stock Market & Financial Investment News

News Breaks
October 9, 2012
09:31 EDTGLDDGreat Lakes Dredge awarded New Jersey beach project for $15.6M
Great Lakes Dredge & Dock Corporation announced receipt of an award of a $15.6M contract for beach re-nourishment for Brigantine Island and Great Egg Harbor Inlet and Peck Beach in New Jersey. There are additional options that may be awarded under the contract, potentially adding another $5.6M to the contract. This work was awarded to GLDD by the Army Corps of Engineers Philadelphia District. Work is planned to begin before year-end to be done by the hydraulic dredge Illinois.
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September 3, 2014
08:01 EDTGLDDGreat Lakes Dredge awarded $30M contract
Great Lakes Dredge & Dock announced the receipt of a dredging contract valued at over $30M to widen the entrance and jetty channels of the Freeport Ship Channel near Freeport, Texas. Approximately 4.5 miles of channel will be widened by 200 feet, enabling larger ships to safely navigate the 600 feet-wide channel. A portion of the dredged material is planned to be beneficially used to nourish the coastline in Quintana, Texas. Work on the project is scheduled to commence in October.

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