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Stock Market & Financial Investment News

News Breaks
December 5, 2012
09:11 EDTPRIMPrimoris receives new underground contract work for $150M
Primoris Services announced new contract work totaling approximately $150M. The new contracts and work authorizations were secured by ARB and Rockford, both part of the West Construction Services Segment of Primoris. The projects involve primarily pipeline and gas utility infrastructure projects. Work for Rockford's new contracts will begin in Q1 2013 and is slated for completion by Q3 2013. ARB Underground Group has recently obtained new pipeline and distribution related work to be completed by the end of 2013.
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June 23, 2015
07:35 EDTPRIMPrimoris announces industrial award valued at over $200M
Primoris Services Corporation announced a new award for a California power plant valued in excess of $200M. The new contract was secured by the industrial division of ARB, a Primoris subsidiary and part of the West Construction Services segment. Work is scheduled to commence in the third quarter of 2015 and to be complete in the fourth quarter of 2017. The award is from a major independent power producer for a 500 megawatt natural gas-fired simple cycle power plant north of San Diego, California. ARB is the lead in a joint venture with Kansas City-based Burns & McDonnell Engineering Company, Inc. The JV will provide engineering, procurement, construction, start-up and commissioning services for this repowering project. The three existing steam boiler units 1, 2, and 3 of the adjacent power plant will be retired upon successful commercial operation of the new facility.
June 22, 2015
07:35 EDTPRIMPrimoris announces underground awards valued at $13M
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