Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

PRIM - Primoris Services Corporation ()

Overview

Company Summary


Primoris Services Corporation (PRIM) is a publicly traded company that operates in the construction industry. It provides a wide range of services, specializing in engineering, construction, and maintenance. Primoris primarily serves the energy, industrial, utilities, and civil sectors.

With a strong focus on quality, safety, and client satisfaction, Primoris offers comprehensive solutions to its clients. The company undertakes complex projects, including the construction and maintenance of industrial facilities, pipeline installation, power generation and distribution infrastructure, water and wastewater treatment plants, and transportation infrastructure.

Primoris has a diversified business model that includes five core segments:

1. Power (Energy): This segment involves the construction, maintenance, and installation of power generation facilities, including natural gas-fired power plants, wind farms, solar facilities, and transmission lines.

2. Industrial: Primoris specializes in the construction and maintenance of industrial facilities, including chemical plants, refineries, petrochemical plants, and manufacturing plants. They offer services like plant maintenance, turnaround projects, and environmental remediation.

3. Civil: This segment focuses on the development of civil infrastructure, including bridges, highways, airports, railroads, underground utilities, and water and wastewater treatment plants.

4. Engineering: Primoris provides engineering services, including design, project management, and feasibility studies. This segment works in close collaboration with the other segments to ensure effective project execution.

5. Utilities: Primoris offers services to the utility sector, including natural gas and electric transmission and distribution infrastructure construction and maintenance.

Primoris Services Corporation prides itself on its experienced team, solid reputation, and commitment to excellence. The company delivers turnkey solutions to its clients across various sectors, contributing to the growth and development of critical infrastructure.

Notes (see all)

News