Primoris was founded in 1960, when the Company's predecessor entity ARB, Inc., which operated in the construction industry, was formed.
Primoris was first incorporated in Nevada in November 2003, and most recently in Delaware in August 2008.
Primoris is currently incorporated in Delaware.
As one of the largest specialty contractors and infrastructure companies in the United States, Primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and product engineering services through three segments: East Construction Servcies; West Construction Services; and Engineering.
The East segment provides highway and bridge construction services to public agencies in Texas, Louisiana, Arkansas and Mississippi and provides services for the construction of energy and petrochemical processing facilities and mine and maintenance services for potash mines. The segment also provides underground pipeline services to utilities and energy companies in Texas and Louisiana and water and wastewater facility and pipeline construction services primarily in Florida and Texas. The segment includes construction capabilities for gas plants and the ability to provide turn-around services to refiners.
The West segment provides underground construction and maintenance services to utilities and construction services for underground pipeline capital projects throughout the United States. The segments also constructs gas-fired power plants and alternative energy facilities as well as other industrial construction, including poured-in-place parking structures.
The Engineering segment specializes in designing, supplying, and installing high-performance furnaces, heaters, burner management systems and related combustion and process technologies for clients in the oil refining, petrochemical and power generation industries. It furnishes turnkey project management with technical expertise and the ability to deliver custom engineering solutions worldwide.
Primoris's predecessor company, Rhapsody Acquisition Corp., completed its initial public offering in October 2006. Primoris merged with Rhapsody in July 2008.
Primoris's common stock is traded on the Nasdaq Global Select Market under the symbol PRIM.
On August 7, 2014, Primoris's Board of Directors increased the quarterly cash dividend by 14% to $0.04 per share, for stockholders of record as of September 30, 2014, payable on or about October 15, 2014.
Primoris's fiscal year ends on December 31 of each year.
Primoris's independent auditor is Moss Adams LLP, based in Irvine, California.
Primoris's corporate headquarters are located at 2100 McKinney Avenue, Suite 1500, Dallas, TX 75201.
You can receive additional information on Primoris by contacting Kate Tholking, Primoris's Director of Investor Relations. Tel: 214-740-5615. Email: firstname.lastname@example.org
Primoris's stock transfer agent is:
Firm: Continental Stock Transfer & Trust Co
Address: 17 Battery Place- 8th Floor, New York, NY 10004
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