Primoris Services Corporation Receives Industrial Awards Valued Over $30M

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new industrial awards with a combined value over $30 million. The contracts were secured by

Benzinga · 11/19/2019 12:30

Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new industrial awards with a combined value over $30 million. The contracts were secured by Primoris Industrial Constructors, part of the Power, Industrial, & Engineering segment.

  • Both projects are located in the southern United States for a major industrial customer and consist mainly of civil and underground piping work for new syngas units.
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  • Primoris Fabrication and Primoris I&M will perform work on the projects as subcontractors to Primoris Industrial Constructors.
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  • Work is scheduled to commence in the fourth quarter of 2019, and completion is expected in the third quarter of 2020.