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PRIMU Primoris Services - Units (MM)

7.6144
0.00 (0.00%)
Pre Market
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Primoris Services - Units (MM) NASDAQ:PRIMU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.6144 0 00:00:00

Primoris Services Corporation Names R. Steve Lewis Senior Vice President, Government Contracting Services

09/03/2010 6:00am

GlobeNewswire Inc.


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Primoris Services Corporation (Nasdaq:PRIM) (Nasdaq:PRIMU) (Nasdaq:PRIMW) ("Primoris" or "Company"), one of the largest specialty contractors and engineering companies in the United States, today announced that R. Steve Lewis has been named to the newly created position of Senior Vice President, Government Contracting Services. In his new role, Mr. Lewis will be responsible for opening new construction markets focused primarily in the government sector, including the Department of Defense, General Services Administration, Corps of Engineers, and the Bureau of Reclamation. 

Mr. Lewis brings more than 30 years of experience in all facets of management, operations, estimating, and business development for diverse services general construction and design-build companies. Over the course of his career, Mr. Lewis has successfully completed projects with an aggregate construction value in excess of $2 billion for both private and public sector clients. Representative projects include highway and waterway construction, multi-function professional office towers, military housing and operations, research and hospital buildings, and airport runway construction.       

Mr. Lewis joins Primoris from Tutor-Saliba Corporation, an industry-leading contracting and construction firm, where he served as Vice President of Special Projects from 1997 through 2009. His tenure at Tutor-Saliba included serving as Executive Vice President of E.E. Black, the company's wholly-owned subsidiary specializing in commercial and military construction throughout Asia and the Pacific. From 1973-1997, Mr. Lewis held positions of increasing responsibility at Sundt Corporation, one of the country's largest general contractors, including managing the operations of the firm's Heavy Construction Group and serving as a member of the board of directors. Mr. Lewis received his B.S. in Mining Engineering from the University of Arizona. His professional memberships include Past President and Director of the Associated General Contractors of America (Arizona chapter) and Director of the American Chamber of Commerce (Philippines). 

Brian Pratt, Primoris's Chairman, President, and CEO, said, "Our expansion into government services is an important endeavor, and we believe that Steve possesses the experience, commitment and know-how to lead these efforts. Steve's 30-year track record of success in the construction industry is noteworthy, and he has been instrumental in expanding operations both domestically and around the world. We expect to draw on his experience, relationships and judgment in launching our government-focused initiatives."

About Primoris

Primoris, through various subsidiaries, is one of the largest specialty contractors and engineering companies in the United States, primarily serving the growing power and energy sectors. Primoris provides a wide range of construction, fabrication, maintenance and replacement services, as well as engineering services to major public utilities, petrochemical companies, energy companies, municipalities and other customers. With the addition of the James Construction Group, Primoris has a significant presence in the Gulf States where it provides heavy civil construction services. Primoris is also a leading water and wastewater contractor in the state of Florida, and a specialist in designing and constructing complex commercial and industrial concrete structures in California. For additional information on Primoris, please visit www.primoriscorp.com.

The Primoris Services Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5527

Forward-Looking Statements

This press release contains certain forward-looking statements, including with regard to the Company's future performance. Words such as "estimated," "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. Forward-looking statements inherently involve risks and uncertainties, including without limitation, those described in this press release and those detailed in the "Risk Factors" section and other portions of our Annual Report on Form 10-K for the year ended December 31, 2008 and other filings with the Securities and Exchange Commission, including the Company's Form 10-Q filed on November 12, 2009. Primoris does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

CONTACT: Primoris Services Corporation

Peter J. Moerbeek, Executive Vice President, Chief

Financial Officer

(949) 454-7121

pmoerbeek@primoriscorp.com

The Equity Group Inc.

Devin Sullivan, Senior Vice President

(212) 836-9608

dsullivan@equityny.com

Gerrard Lobo, Senior Account Executive

(212) 836-9610

globo@equityny.com

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