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AGX - Argan, Inc. ()

Overview

Company Summary


Argan, Inc. is a company that operates primarily in the power industry. It is a holding company that is involved in the businesses of designing, engineering, procurement, and construction (EPC) services for a wide range of energy projects.

One of the main subsidiaries of Argan is The Gemma Power Systems, which specializes in EPC services for the power sector. Gemma Power Systems provides turnkey solutions for the construction and installation of power plants, including natural gas, combined cycle, and renewable energy plants. They are involved in every stage of the project, from initial design and engineering to procurement and construction management.

Additionally, Argan also has a subsidiary called Atlantic Projects Company (APC), which is actively involved in the renewable energy industry. APC provides EPC services for wind and solar energy projects. They design and construct wind farms and solar power plants, helping organizations transition to cleaner and more sustainable energy sources.

Apart from their involvement in the EPC services, Argan also has a 43% ownership interest in Vitarich Laboratories Holdings, a company engaged in the development and manufacturing of specialty chemical products.

Overall, Argan, Inc. plays a significant role in the power industry by offering comprehensive services for the design, engineering, procurement, and construction of various energy projects, with a focus on power plants and renewable energy installations.

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