Primoris pulls away with $71M highway upgrade deal in Louisiana

ConDig (01-May-19).  Dallas, Texas-based construction and infrastructure company Primoris Services Corp has bagged a $71 million contract to revamp an existing highway interchange in Louisiana.

Under the design and build deal with the Louisiana Department of Transportation and Development, the company said it would upgrade an existing highway interchange with four new ramp connections and twin bridges. The new interchange will allow for improved access to a nearby military base, according to Primoris.

Design work has already started and construction is slated to kick off in the fourth quarter of this year, with project completion earmarked for the fourth quarter of 2021.

It follows an announcement by Primoris last week that it had secured three contracts worth a total of $25 million for upgrades to natural gas pipelines in California.

Last month, Primoris secured a $19 million deal for the second phase construction of an industrial gas plant in Texas.

In February, Primoris reported a 51% boost in revenue to $877.7 million in the year ended December 31, 2018, compared with $579 million in the same period a year earlier. 

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