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Orion Group Holdings Awarded $100 Million in New Contracts
Orion Orion (US:ORN) Globenewswire·2025-06-19 11:00

Core Points - Orion Group Holdings, Inc. announced new Marine and Concrete awards totaling approximately $100 million, alongside recognition for its CEO and General Counsel with executive leadership awards [1][6][7] Group 1: New Contracts - Orion's Marine business secured $67 million in new contracts, including the Longview Export Dock Replacement project for Weyerhaeuser Company, expected to last 12 months starting in Q3 2025 [3] - The company also won two projects with the Port of Tampa Bay: a 3-year maintenance dredging contract starting in September 2025 and the Port Redwing Berth 301 Wharf project, addressing the growing demand for construction materials in the region [4] - Orion Concrete won $33 million in new contracts, including projects for a data center in Iowa, the Harris County Sheriff's Office Complex, and a cold storage facility for U.S. Foods, all commencing in Q3 2025 [5] Group 2: Management Commentary - The CEO highlighted the recognition from new contract awards as a reflection of trust from partners and the company's commitment to safety and business development [2] - The CEO emphasized the strong demand in the Concrete business, supported by ongoing projects and a robust pipeline, positioning the company for continued growth [2] Group 3: Executive Leadership Awards - Travis Boone, CEO, was named a finalist for the EY Entrepreneur of The Year® 2025 Gulf South Award, recognizing his role in driving innovation and growth [6] - Chip Earle, General Counsel, received the Lexology North America Award for in-house general counsel in the construction industry, highlighting the achievements of legal practitioners [7] Group 4: Company Overview - Orion Group Holdings, Inc. is a leading specialty construction company serving various sectors, providing marine and concrete construction services across the continental U.S., Alaska, Hawaii, Canada, and the Caribbean [8]