Orion Group Reveals Three Contract Awards, Two In Its Concrete Segment And One In Its Marine Segment; Total Value ~$63M
Portfolio Pulse from Benzinga Newsdesk
Orion Group has announced three new contract awards totaling approximately $63 million. The contracts include a $28 million project for Costco Wholesale, a $15 million data center project in North Texas, and a $20 million marine construction project for Port Tampa Bay.
June 24, 2024 | 8:08 pm
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Costco Wholesale has awarded a $28 million contract to Orion Group for a construction project, indicating ongoing expansion and investment in infrastructure.
The contract award to Orion Group suggests that Costco is continuing to invest in its infrastructure, which could be a positive indicator for its growth and operational expansion.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
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Orion Group has secured three new contracts worth a total of $63 million, including a $28 million project for Costco, a $15 million data center project, and a $20 million marine construction project for Port Tampa Bay.
The new contracts will likely boost Orion Group's revenue and strengthen its market position in both the concrete and marine construction segments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100