Current Date: 05 Jul, 2024

Orion Secures $63 Million in New Contracts

Three new contracts worth $63 million have boosted Orion Group Holdings' project portfolio. The company's strong position in building and infrastructure is reflected in this milestone.

One $25 million contract involves large-scale marine building. This project will see Orion Group Holdings develop Gulf Coast vital infrastructure to improve maritime facilities' functionality and resilience. Starting in the third quarter, the 18-month project is expected.

An $20 million civil construction contract for Orion Group Holdings is another major win. This project modernizes and expands critical metropolitan urban infrastructure. Through sustainability and innovative engineering, the project intends to improve transportation networks and public amenities, improving local inhabitants' quality of life.

The third $18 million deal builds a large industrial complex. Modern industrial facilities will be designed and built for this project, boosting regional economic growth and employment generation. This contract was won due to Orion Group Holdings' ability to complete challenging projects on time and within budget.

Mark Stauffer, CEO of Orion Group Holdings, said these new contracts demonstrate the company's dedication to quality and capacity to handle complex projects. The Orion team's hard work and clients' trust are shown by these wins, he said.

These three contracts reinforce Orion Group Holdings' construction and infrastructure leadership. While expanding its project portfolio, the company continues to produce high-quality, innovative solutions that satisfy customers' and communities' changing demands.

News by Rahul Yelligetti

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Source : Projxnews