Primoris Services Corporation
 | |
| Company type | Public |
|---|---|
| Nasdaq: PRIM Russell 2000 Component | |
| Founded | 1960 |
| Headquarters | |
Key people | Tom McCormick (president and CEO)[1] |
| Revenue |  $ 2.086 billion (2014)[2] |
 $ 103.792 million (FY 2014)[2] | |
| $ 63.682 million (FY 2014)[2] | |
| Total assets | $ 1.112 billion (FY 2014)[2] |
| Total equity | $ 453.8 million (FY 2014)[2] |
Number of employees | 20,000+ [2] |
| Website | prim.com |
Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000[3] company.
History
[edit]The company was founded as ARB, Inc. in Bakersfield, California in 1960,[4] 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[5]
- Rockford Corporation in 2010 for $82.6 million[6]
- Sprint Pipeline Services, L.P. in 2012[7]
- Q3 Contracting Inc., a gas pipeline service, in 2012 for $48.1 million in cash.[8]
References
[edit]- ^ "Leadership".
- ^ a b c d e f "2014 10-K for Primoris Services Corporation". Securities and Exchange Commission. Retrieved 24 March 2015.
- ^ "Primoris Services Corporation". Fortune. Retrieved 24 March 2015.
- ^ "History". Primoris. Retrieved January 8, 2018.
- ^ "Primoris Services Corporation Completes Acquisition of James Construction Group L.L.C and Announces Addition of 2 New Directors". 21 December 2009. Retrieved 24 March 2015.
- ^ Siemers, Erik (10 Nov 2010). "Rockford Corp. acquired for $82.6M". Retrieved 24 March 2015.
- ^ "Primoris Services Corporation Acquires Sprint Pipeline Services, L.P." Business Wire. 13 March 2012. Retrieved 24 March 2015.
- ^ "Texas outfit to buy Little Canada gas pipeline service firm". Minneapolis Star-Tribune. 14 November 2012. Retrieved 24 March 2015.
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