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Stock Market & Financial Investment News

News Breaks
June 2, 2014
07:36 EDTPRIMPrimoris announces underground contract work valued at over $10M
Primoris Services Corporation announced a new contract award from a large midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment. Work has commenced on the project and is scheduled to be completed in Q3. The work consists of boring three new pipelines that will be tied into the existing system. The pipelines feed into one of the largest oil refineries in the United States, located along the Gulf Coast of Texas.
News For PRIM From The Last 14 Days
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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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