Orion Group Holdings Announces Two Major Construction Contracts
Specialty construction company Orion Group Holdings on September 29 announced two contract awards for its marine segment totaling nearly $200 million.
The company has been awarded a contract valued at approximately $125 million from the Florida Department of Transportation (FDOT) to replace the State Road 405 Indian River Bridge over the NASA Causeway near Cape Canaveral, Fla. This bridge provides the main access to Kennedy Space Center and Cape Canaveral Space Force Center. The work is expected to begin later this year and be completed in the fourth quarter of 2024.
In addition, the company was awarded a contract valued at approximately $67 million from the Port of Port Arthur, Texas, to construct the Berth 6 Expansion Project. The project will create significant additional berthing capacity at the port. The project is expected to commence in the fourth quarter of this year and be completed in the third quarter of 2024.
“Orion has a strong track record of helping modernize and upgrade critical infrastructure,” said Mark Stauffer, Orion president and CEO. “The NASA Causeway project marks our fourth bridge project to be awarded recently, and along with the Berth 6 expansion, not only provides significant backlog to our marine segment, but reaffirms Orion as a leading contractor for building and rebuilding our nation’s infrastructure.”
Orion Group Holdings, a specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. The company’s marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar and mesh across the light commercial, structural and other associated business areas.
The company is headquartered in Houston, Texas, with regional offices throughout its operating areas.