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Orion Marine Group Announces a Contract Award of Approximately $25 Million

By: | at 06:00 PM | Channel(s): Intermodal  

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HOUSTON - Orion Marine Group, Inc. (NYSE:ORN) (the “Company”), a leading heavy civil marine contractor serving the infrastructure sector, today announced a contract award of approximately $25 million.

The award is for the demolition and replacement of the Brotherhood Bridge in Juneau, Alaska for the Alaska Department of Transportation and Public Facilities. The new bridge will replace the original structure built in 1965 and represents the largest contract award to the Company in Alaska since the acquisition of West Construction in 2012.

Onsite construction of the project is expected to commence in the second quarter and last approximately 18 months.