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Stock Market & Financial Investment News

News Breaks
December 6, 2012
09:07 EDTPRIMPrimoris acquires Q3 Contracting
Primoris completed the acquisition of Q3 Contracting Inc. on November 19. The material terms of the transaction were previously disclosed. Based in Little Canada, Minnesota, Q3 specializes in small diameter pipeline and gas distribution construction. Q3 will operate as part of Primoris's West Construction Services segment. Current President Jay Osborn will continue to manage day to day operations
News For PRIM From The Last 14 Days
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April 16, 2015
07:30 EDTPRIMPrimoris announces underground award valued at $26M
Primoris Services Corporation announced a new underground award valued at $26M. The contract was secured by Q3 Contracting, part of the West Construction Services segment. The project is scheduled to begin in the second quarter of 2015 and is anticipated to be completed in the third quarter of 2016. The award is with a major utility customer for work in St. Paul, Minnesota. The work will consist of replacing an existing 18 and 24 natural gas distribution line with new 20 pipe, as well as adding updated regulator stations.
April 14, 2015
07:31 EDTPRIMPrimoris announces heavy civil awards valued at $60M
Primoris Services announced two new heavy civil awards totaling $60M. The contracts were secured by the Primoris James Construction Group, part of the East Construction Services segment. Work is scheduled to commence on the projects in the second quarter of 2015 and to be completed in the first quarter of 2017. The projects were awarded by the Arkansas State Highway and Transportation Department and are located in St. Francis County, Arkansas. The projects are similar in size and scope. Both awards involve the construction of a main lane bridge and roadway approaches on Interstate 40. The scope of work includes 84 cofferdams, 36,780 linear feet of steel pipe, and 9,800 cubic yards of bridge concrete.

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