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ORN Stock - Orion Marine Group Inc.


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Orion Marine Group Inc. logo

Orion Group Holdings, Inc., headquartered in Houston, Texas, functions as a specialized construction company operating across the continental United States, Alaska, Canada, and the Caribbean Basin. Established in 1994, the company operates through two primary segments: Marine and Concrete, catering to a diverse range of sectors including building, industrial, and infrastructure.

Within its Marine segment, Orion Group Holdings provides comprehensive marine construction services encompassing the construction, restoration, dredging, maintenance, and repair of various marine transportation facilities. This includes public and private port facilities, cruise ship terminals, navy terminals, marinas, docks, and other marine-based structures. The company also offers ongoing maintenance, emergency repair, inspection, demolition, and salvage services for marine facilities.

Orion Group Holdings' expertise extends to marine pipeline services involving the installation and removal of underwater buried pipelines, pipeline intakes and outfalls for industrial use, and construction of pipeline outfalls for wastewater and industrial discharge. The company specializes in river crossings, directional drilling, hot taps, tie-ins, as well as inspection, maintenance, and repair services for marine pipelines.

In the Concrete segment, Orion Group Holdings provides specialized construction services including light commercial, structural, and other concrete-based projects. The company's capabilities also encompass specialty services such as design, salvage, demolition, surveying, towing, diving, underwater inspection, excavation, and repair services, demonstrating its commitment to delivering integrated solutions across its operational areas. Orion Group Holdings continues to uphold its reputation for quality and reliability in the construction industry, contributing to the development and enhancement of critical infrastructure projects across diverse geographical regions.

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Stock Sector: Construction: Heavy Construction

 

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