Orion Group Holdings Announces Contract Awards of Approximately $28 Million

Orion Group Holdings, Inc. (the "Company"), a leading specialty construction company, has announced four contract awards for its Concrete segment totaling approximately $28 million.

The Company was recently awarded three contracts in the Dallas area, including a $3.8 million contract for a data center expansion, a $4.3 million contract for the construction of two cast-in-place retirement residential buildings, and a $5.6 million contract for a cold storage facility. All three projects are expected to commence in the first quarter of 2022 and be complete in the fourth quarter of 2022.

The Company also has been awarded a contract valued at $5.1 million to construct tilt-wall warehouses in its Houston market and a contract valued at $9.2 million to build a mixed-use office-retail-residential building. Work on both projects is expected to begin during the first quarter of 2022 and be completed by the first quarter of 2023.

“These awards continue to demonstrate our position as a leader for concrete construction projects in our key Texas markets,” said Mark Stauffer, Orion’s president and chief executive officer.