Primoris lands industrial gas plant contracts worth $17 million

ConDig (13-Nov-18).  Dallas, Texas-based construction and infrastructure company Primoris Services Corp has bagged two contracts worth a total of $17 million for a new industrial gas plant in Louisiana.

Under the civil and mechanical contracts, the company will install concrete foundations and erect mechanical equipment.

The civil portion of the project was awarded in the third quarter of this year and work has already started, while mechanical construction is slated to begin in the fourth quarter. Completion is scudded for the third quarter of next year.

Last month, Primoris secured a $90 million maintenance renewal contract with an unnamed oil producer.

In August, Primoris announced that it had secured a number of pipeline and underground contracts worth a total of $145 million.

It comes as latest figures from the Commerce Department showed that US construction expenditure edged down 0.3% in September compared with an upwardly revised figure in August amid slight declines in sectors like power and commercial, according to an Associated Builders and Contractors (ABC) analysis of US Census Bureau.

The slight fall took total nonresidential spending to $767.1 billion on a seasonally adjusted, annualized rate in September, which was up 8.9% on a year-ago basis.