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Slide #92. Primoris Services Corporation — Q3 Contracting Inc.
Primoris Services Corporation (NASDAQ:PRIM)
Q3 Contracting Inc.
Primoris Services Corporation announced that it completed the acquisition of Q3 Contracting Inc. ("Q3") on November 19, 2012. The material terms of the transaction were previously disclosed in a press release dated November 13, 2012. Based in Little Canada, Minnesota, just north of St. Paul, Q3 specializes in small diameter pipeline and gas distribution construction.
Primoris Services is a provider of contracting services operating mainly in the U.S. and Canada. Co.'s segments include: Utilities, which engages in the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems; Energy/Renewables, which engages in engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services; and Pipeline Services, which engages in pipeline construction and maintenance and pipeline facility and integrity services.
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Hold (2.37 out of 4)