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Primoris Services Corporation

Primoris Services Corporation

Company type	Public
Traded as	Nasdaq: PRIM Russell 2000 Component
Founded	1960; 64 years ago (1960)
Headquarters	Dallas, Texas
Key people	Tom McCormick (president and CEO)[1]
Revenue	$ 2.086 billion (2014)[2]
Operating income	$ 103.792 million (FY 2014)[2]
Net income	$ 63.682 million (FY 2014)[2]
Total assets	$ 1.112 billion (FY 2014)[2]
Total equity	$ 453.8 million (FY 2014)[2]
Number of employees	6,757 [2]
Website	prim.com

Primoris Services Corporation is a publicly traded specialty construction and infrastructure company based in the United States, with a particular focus on pipelines for natural gas, wastewater and water. As of 2014 it was a Fortune 1000^[3] company.

History[edit]

The company was founded as ARB, Inc.inBakersfield, California in 1960,^[4] and was organized as Primoris in Nevada in 2003. In 2008, it was incorporated as a public company in Delaware. Since then, it has expanded significantly through a number of significant acquisitions, including:

• James Construction Group LLC in 2009^[5]
• Rockford Corporation in 2010 for $82.6 million^[6]
• Sprint Pipeline Services, L.P. in 2012^[7]
• Q3 Contracting Inc., a gas pipeline service, in 2012 for $48.1 million in cash.^[8]

References[edit]

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