Primoris Services Corp PRIM:NASDAQ

Last Price$20.13NASDAQ Previous Close - Last Trade as of 3:59PM ET 9/20/19
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Primoris Services Secures $71 Mln Industrial Award From Utility Customer

10:46AM ET 8/05/2019 MT Newswires
Primoris Services (PRIM) said Monday that its ARB Industrial unit secured a new industrial award, valued at over $71 million, to install two new natural gas compression trains for a utility customer.

The unit forms part of Primoris' power, industrial, and engineering business segment. According to Primoris, construction includes two new compression trains, a power generation facility, and an operations building, among others. Contract work is set to start in Q2 and expected to be completed in Q3 2020.

Price: 19.05, Change: -0.49, Percent Change: -2.51