Garney expands west with Emery & Sons acquisition
Yahoo Finance·2026-01-23 10:15

Core Viewpoint - The acquisition of Emery & Sons Construction Group by Garney enhances Garney's infrastructure capabilities in the Pacific Northwest, aligning with national trends in the construction industry towards mergers and acquisitions [2][4]. Group 1: Acquisition Details - Garney, a national water and wastewater contractor, has acquired Emery & Sons Construction Group, a heavy civil and underground utility contractor based in Salem, Oregon [2]. - The acquisition brings nearly 60 years of experience from Emery & Sons, particularly in underground utility and heavy construction [3]. - Financial terms of the deal were not disclosed [3]. Group 2: Strategic Rationale - The Pacific Northwest has been evaluated by Garney for years due to strong long-term demand for water and infrastructure investment [4]. - The acquisition is aimed at establishing a permanent base in the region to deliver larger and more complex projects [4]. - Garney's CEO emphasized that the decision was not driven by short-term revenue targets but by the goal of building lasting capabilities in the region [7]. Group 3: Industry Trends - There is a strong demand for water and wastewater construction as communities invest heavily to maintain aging systems [5]. - A workforce shortage is impacting the industry, necessitating partnerships with firms that have the necessary leadership and workforce to execute projects successfully [6]. - The acquisition is expected to strengthen workforce pipelines and create long-term career opportunities [6]. Group 4: Long-term Vision - The move supports Garney's vision of becoming a full-service water solutions provider by broadening in-house capabilities for essential components of complex water projects [8].