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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.
News For PRIM From The Last 14 Days
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December 9, 2014
07:33 EDTPRIMPrimoris announces industrial award valued at over $11M
Primoris Services Corporation announced a new industrial award valued at $11.5M. The new contract was secured by the Industrial division of ARB, Inc., a Primoris subsidiary and part of the West Construction Services segment. Work is scheduled to commence on the project in the first quarter of 2015 and is anticipated to be complete in the third quarter of 2015. The award is from three major oil companies for the rerouting of seven pipelines in the Port of Los Angeles, California. The pipelines being relocated range in size from 10 to 24 in diameter. Approximately 20,000 linear feet of underground oil pipelines in total are being relocated. An approximately 1.1-mile-long common trench will be provided for the three customers.

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