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Sterling Announces Two Large Transportation Solutions Project Awards
STRLSterling Infrastructure(STRL) Prnewswire·2025-02-25 21:10

Core Insights - Sterling Infrastructure, Inc. has been awarded two significant transportation projects, highlighting the attractive opportunities in the Rocky Mountain and Arizona regions [1][6] - The CEO emphasized the technical capabilities and execution quality of the Ralph L. Wadsworth subsidiary, reinforcing its reputation as a trusted partner for highway and bridge work [1][3] Company Overview - Sterling operates through various subsidiaries across three segments: E-Infrastructure, Transportation, and Building Solutions, primarily in the Southern, Northeastern, Mid-Atlantic, Rocky Mountain regions, and the Pacific Islands [2] - E-Infrastructure Solutions focus on large-scale site development for manufacturing, data centers, and power generation [2] - Transportation Solutions encompass infrastructure projects for highways, roads, bridges, and airports [2] - Building Solutions include concrete foundations for residential and commercial projects, plumbing services, and surveys for new builds [2] - The company is committed to sustainability and improving society's quality of life through responsible operations [2] Project Details - The I-15 1800 North Interchange project in Utah has a total value of 195million,withRLWholdinga60195 million, with RLW holding a 60% interest, expected to begin in spring 2025 and continue through late 2027 [6] - The I-25 North Corridor project in Colorado is valued at 86 million, with RLW's share at 51%, marking the next phase of a multi-year project that started pre-construction activities in 2018 [6]