Primoris Services Corp Wrts (MM) (NASDAQ:PRIMW)
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From Jun 2019 to Jun 2024
Primoris Services Corporation (NasdaqGM: PRIM; PRIMU; PRIMW) (“Primoris”),
one of the largest specialty contractors and engineering companies in
the Western United States, today announced that it has signed a contract
to install approximately 15,000 feet of underground pipeline. Once
completed, the pipeline will transport crude oil from Long Beach to a
refinery located in Carson, California. This contract, which is
scheduled to be completed by April 2009, is expected to generate
approximately $11.8 million in revenue to Primoris.
Brian Pratt, Primoris’s Chairman, President,
and CEO said, “This project reflects the type
of work performed by our Underground Group, which has been a cornerstone
of Primoris’s operations for over 60 years.”
About Primoris
Primoris, through various subsidiaries, is one of the largest specialty
contractors and engineering companies in the Western 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. 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.
Forward-Looking Statements
This press release contains certain forward-looking statements,
including with regard to Primoris’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 Primoris’s
filings with the Securities and Exchange Commission. 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.