NEWS
Orion Group Holdings Announces Three Contract Awards Total Value Approximately $63 Million
Orion Group Holdings (NYSE: ORN) announced three new contracts worth $63 million, set to begin in Q3 2024.
The contracts include a $28 million project for Costco's new Port Saint Lucie Depot in Florida, a $15 million data center project in North Texas, and a $20 million marine construction project for Port Tampa Bay.
The Costco project involves constructing a 550,000 sq. ft. facility and nearly 3 million sq. ft. of concrete paving, marking Orion's 16th project with Costco. The data center project supports AI infrastructure, and the Port Tampa Bay project aims to enhance port operations with a new berth for bulk materials.
These contracts reflect Orion's role in significant infrastructure projects and its growing footprint in both the concrete and marine construction sectors.
The contracts include a $28 million project for Costco's new Port Saint Lucie Depot in Florida, a $15 million data center project in North Texas, and a $20 million marine construction project for Port Tampa Bay.
The Costco project involves constructing a 550,000 sq. ft. facility and nearly 3 million sq. ft. of concrete paving, marking Orion's 16th project with Costco. The data center project supports AI infrastructure, and the Port Tampa Bay project aims to enhance port operations with a new berth for bulk materials.
These contracts reflect Orion's role in significant infrastructure projects and its growing footprint in both the concrete and marine construction sectors.
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