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Primoris Services
-6.19%
Construction / Construction and infrastructure services
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebPrimoris Services Corporation is a publicly traded specialty construction and infrastructure company based in Dallas, Texas. Founded in 2004, the company provides a wide range of services including engineering, construction, maintenance, and drilling for both public and private sector clients.
Primoris Services operates through various subsidiaries, with each one specializing in a particular sector of the construction industry. These sectors include energy, transportation, water/wastewater, industrial, and power. The company has a presence in over 30 states in the US and has completed projects in Canada and parts of Latin America.
In addition to its core construction services, Primoris also offers environmental remediation, installation and maintenance of gas and electric power lines, and engineered support structures for solar and wind energy projects.
The company has a strong commitment to safety and sustainability, and its projects prioritize the use of green and renewable materials, as well as environmentally-friendly construction practices.
In recent years, Primoris Services has received multiple awards and recognition for its work, including being named one of the Best Places to Work by the Dallas Business Journal and one of the Top 400 Contractors by Engineering News-Record.
Overall, Primoris Services is a reputable and well-established company in the construction industry, with a diverse portfolio of projects and a commitment to delivering high-quality work to its clients.
There are several things that can be considered special about the Primoris Services company:
1. Wide range of services: Primoris Services is a leading provider of specialty and industrial construction, engineering, maintenance, and energy services. This comprehensive range of services allows them to serve clients in various industries, including oil and gas, power, chemical, and transportation.
2. Reputation for quality and safety: The company has a strong reputation for delivering high-quality work and maintaining a strong focus on safety. They have been recognized for their safety performance and have received numerous safety awards.
3. Experienced leadership team: Primoris Services is led by a team of experienced leaders with a diverse background in the industry. This expertise allows the company to provide innovative and effective solutions to their clients.
4. Strong financial performance: The company has a strong financial track record and has consistently delivered solid financial results. This stability allows them to invest in their business, expand their services, and provide the best value to their clients.
5. Commitment to sustainability: Primoris Services is committed to sustainable business practices, including reducing their environmental impact, promoting social responsibility, and ensuring economic viability for their clients.
6. Strong company culture: The company values its employees and promotes a positive company culture, focused on teamwork, integrity, and respect. This culture has helped them attract and retain top talent and foster long-term partnerships with clients.
Primoris Services Corporation is a diversified construction and engineering services company that provides a wide range of services to a variety of industries, including energy, transportation, utilities, and infrastructure.
The company’s business model is centered around providing its clients with project management, engineering, construction, and maintenance services. This includes designing, building, and maintaining infrastructure such as pipelines, power plants, roads, and water treatment facilities.
Primoris Services differentiates itself by offering a fully integrated service approach. This means that the company can handle all aspects of a project, from planning and engineering to construction and maintenance, which helps to streamline the process and deliver projects on time and within budget.
In addition, the company also has a strong focus on safety, quality, and sustainability, ensuring that its projects meet the highest standards and have a positive impact on the environment.
Primoris Services also has a diverse portfolio of companies, each with their own specialty, which allows the company to offer a wide range of services and cater to the specific needs of its clients.
Overall, the company’s business model focuses on providing comprehensive, high-quality, and sustainable services to its clients in order to build long-term relationships and drive growth and profitability.
1. Primoris Services Corporation is a publicly traded company on the Nasdaq Stock Exchange, trading under the ticker symbol PRIM.
2. The company was founded in 1960 as ARB, Inc., and was rebranded as Primoris Services Corporation in 2008.
3. Primoris provides a wide range of services to the energy, industrial, and infrastructure sectors, including construction, engineering, maintenance, and specialty services.
4. The company operates through three segments: East, Central, and West, with over 50 offices throughout the United States and Canada.
5. Primoris has completed projects in all 50 states and has worked in several international markets.
6. The company has over 10,000 employees and has been ranked as one of the top 400 contractors in the United States by Engineering News-Record.
7. In 2019, Primoris was ranked #33 on Forbes’ list of America’s Best Midsize Employers.
8. The company has received numerous safety awards, including recognition from the National Safety Council and the Texas Mutual Insurance Company.
9. Primoris has a strong commitment to sustainability and has implemented several initiatives to reduce its environmental impact and promote social responsibility.
10. In addition to its commercial projects, Primoris also supports local communities through partnerships with charitable organizations and volunteering efforts.
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