Primoris Services Corporation Announces Parking Structure Award Valued at $30 Million
May 26 2015 - 7:30AM
Business Wire
Primoris Services Corporation (NASDAQ Global Select:
PRIM) (“Primoris” or “Company”) today announced a new parking
structure award valued at $30 million. The contract was secured by
ARB Structures, part of the West Construction Services segment, and
is the third parking structure project for this Southern California
customer. The project is scheduled to begin in the second quarter
of 2015 and is anticipated to be completed in the third quarter of
2016.
- The award is for a new 588,566 square
foot above ground parking structure in The Spectrum Center area of
Irvine, California. The new parking structure will provide over
1,635 new parking spaces.
- This project includes site clearing and
demolition, boxing and relocation of numerous specimen trees,
grading, and site improvements including architectural paving and
extensive landscaping. In addition, the project includes the
replacement of an existing cooling tower that services an existing
building adjacent to the site.
ABOUT PRIMORIS
Founded in 1960, Primoris, through various subsidiaries, has
grown to become one of the largest publicly traded specialty
construction 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, state
departments of transportation, and other customers. Growing both
organically and through acquisitions, the Company’s national
footprint now extends nearly nationwide and into Canada. For
additional information, please visit www.prim.com.
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 December 31,
2014, and other filings with the Securities and Exchange
Commission. Given these uncertainties, you should not place undue
reliance on forward-looking statements. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150526005329/en/
Primoris Services CorporationKate Tholking, 214-740-5615Director
of Investor Relationsktholking@prim.com
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