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AGX Stock - Argan Inc.


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Argan, Inc., operates as a diversified provider of engineering, procurement, construction, and maintenance services primarily in the power generation and renewable energy sectors. The company's offerings span across three core segments: Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services. Under its Power Industry Services segment, Argan provides comprehensive engineering, procurement, and construction contracting services to owners of alternative energy facilities such as biomass plants, wind farms, and solar fields. This segment also oversees the design, construction, and operation of projects totaling approximately 15 gigawatts of power-generating capacity, catering to a wide range of clients including independent power producers, public utilities, and energy plant construction firms.

The Industrial Fabrication and Field Services segment focuses on delivering industrial field services, along with fabrication of pipes and vessels, primarily serving forest products, industrial gas, fertilizer, and mining industries in the southeastern United States. Argan's Telecommunications Infrastructure Services segment specializes in trenchless directional boring, excavation for underground communication and power networks, and aerial cabling services. It installs buried cables, electric lines, and outdoor lighting systems, while also providing structured cabling solutions that facilitate high-speed data, voice, video, and security networks for government agencies, regional communication providers, electric utilities, and commercial customers.

Founded in 1961 and headquartered in Rockville, Maryland, Argan, Inc. has established itself as a leader in providing essential technical and consulting services to support the development and operation of critical infrastructure projects across various industries. The company's longstanding expertise and commitment to innovation underscore its role in advancing sustainable energy solutions and enhancing telecommunications capabilities nationwide.

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Stock Sector: Construction: Heavy Construction

 

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