The ARB Industrial Group was awarded a new contract for power block mechanical work at a 250MW Concentrated Solar Power plant near Hinkley, California.
Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or "Company") today announced two new contract awards totaling over $40 million. The new contracts were secured by the ARB Industrial Group, a division of ARB, Inc., part of the West Construction Services segment of Primoris. The projects include industrial and solar power work in California.
The ARB Industrial Group was awarded a new contract for power block mechanical work at a 250MW Concentrated Solar Power plant near Hinkley, California. The work scope will include fabrication, structural steel erection, and piping associated with the power block. The work will begin immediately and is scheduled for completion by the end of 2013.
The ARB Industrial Group was awarded a contract for additional work at an industrial facility near Boron, CA. The ARB Industrial Group had previously been awarded a mechanical package for this facility, and this new project is a follow on to the initial module package award. The new project work scope consists of structural steel erection, conveyor system installation, ancillary equipment installation, and piping. The new project is slated to start in the second quarter of 2013 and should be complete during the fourth quarter of 2013.
Founded in 1946, Primoris, through various subsidiaries, has grown to become one of the largest specialty contractors and infrastructure companies in the United States. Serving diverse end markets, Primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. Since December 2009, Primoris has tripled its revenue and the Company’s national footprint now extends from Florida, along the Gulf Coast, through California, into the Pacific Northwest and Canada. For additional information, please visit www.prim.com.
