Primoris Services Corporation Announces Additional $22 Million Authorization on Existing Industrial and Civil Award
- The project was awarded by a major petrochemical company for work at their multi-billion dollar facility in
- This contract award was first announced in
November 2014, with a value of $290 million. Since that time, work authorizations have been increased by $206.6 million.
- This work is being done under a cost-reimbursable contract. The additional authorizations added approximately
$14 millionto the PI&E backlog and approximately $8 millionto the Civil backlog during the second quarter.
Founded in 1960, Primoris, through various subsidiaries, has grown to become one of the largest publicly traded
specialty construction and infrastructure companies in
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," "may," and "future" or similar expressions are intended to identify forward-looking statements. Forward-looking statements inherently involve known and unknown risks, uncertainties, and other factors, 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 period ended
Kate TholkingDirector of Investor Relations (214) 740-5615 email@example.com
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