Trisha Shetty (Editor)

Primoris Services Corporation

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Type
  
Public

Founded
  
1960

Number of employees
  
6,757

Traded as
  
NASDAQ: PRIM

Revenue
  
2.086 billion USD (2014)

Primoris Services Corporation wwwprimoriscorpcommediaImagesPPrimorisSer

Key people
  
David King (President and CEO)

Operating income
  
$ 103.792 million (FY 2014)

Net income
  
$ 63.682 million (FY 2014)

Stock price
  
PRIM (NASDAQ) US$ 23.00 +0.01 (+0.04%)24 Mar, 4:00 PM GMT-4 - Disclaimer

Headquarters
  
Dallas, Texas, United States

Subsidiaries
  
ARB Inc, Onquest Inc, ARB Structures Inc

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000 company.

History

The company was founded as ARB, Inc. in 1960, and was organized as Primoris in Nevada in 2003. In 2008, it was incorporated as a public company in Delaware. Since then, it has expanded significantly through a number of significant acquisitions, including:

  • James Construction Group LLC in 2009
  • Rockford Corporation in 2010 for $82.6 million
  • Sprint Pipeline Services, L.P. in 2012
  • Q3 Contracting Inc., a gas pipeline service, in 2012 for $48.1 million in cash.

    • References

    Primoris Services Corporation Wikipedia
    (Text) CC BY-SA