Profile: Orion Group Holdings Inc (ORN)
23 Aug 2019
Orion Group Holdings, Inc., formerly Orion Marine Group, Inc., incorporated on October 12, 2004, is engaged in the heavy civil construction project management business. The Company specializes in marine construction. The Company provides a range of heavy civil marine construction services to federal agencies, state and municipal governments, and private commercial and industrial customers. Its heavy civil marine construction and project management services include new construction, dredging, repair and maintenance, and other related specialty services. The Company provides its heavy civil marine construction services on, over and under the water in the continental United States, Alaska, Canada and the Caribbean Basin. It provides heavy civil marine construction services through projects that are obtained primarily through a competitive bid or contract process. Its business-wide customers include the United States Army Corps of Engineers, the United States Navy, the United States Coast Guard, state transportation departments, local port authorities and private customers, such as petrochemical terminal operators, private terminal operators and recreational waterside facilities. The Company also provides tilt-wall construction services, parking structures, concrete slabs for commercial and institutional applications, curbs, gutters and paving, among other capabilities.
Marine Construction Services
The Company's marine construction services include construction, restoration, maintenance and repair of marine transportation facilities, marine pipelines, bridges and causeways, and marine environmental structures. The Company provides design-build services. Marine transportation facility projects include public port facilities for container ship loading and unloading; cruise ship port facilities; private terminals; special-use Navy terminals, recreational use marinas and docks, and other marine-based facilities. The Company also provides on-going maintenance and repair, inspection services, emergency repair, and demolition and salvage to such facilities. Its marine pipeline service projects include the installation and removal of underwater buried pipeline transmission lines; installation of pipeline intakes and outfalls for industrial facilities; construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; creation of hot taps and tie-ins; and inspection, maintenance and repair services.
The Company's bridge and causeway projects include the construction, repair and maintenance of various types of overwater bridges and causeways, as well as the development of fendering systems in marine environments. The Company serves as the prime contractor for many of these projects, and some of these are design-build contracts. These projects involve fabricating steel or concrete structures, and involve driving concrete, pipe or sheet pile to create support for the concrete deck roadways that the Company constructs on the piles.
Dredging involves the removal of mud and silt from the channel floor by means of a mechanical backhoe, crane and bucket or cutter suction dredge and pipeline systems. Dredging is integral to marine capital and maintenance projects, including maintenance for previously deepened waterways and harbors to remove silt, sand and other accumulated sediments; construction of breakwaters, jetties, canals and other marine structures; deepening ship channels and wharves to accommodate deeper draft ships; containing erosion of wetlands and coastal marshes; land reclamation; and beach nourishment and creation of wildlife refuges. The Company maintains multiple specialty dredges of various sizes and specifications to meet customer needs. Its dredging services are combined with its marine construction services.
The Company's specialty services include design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation and repair. Its diving services are performed in shallow water and include inspections, salvage and pile restoration and encapsulation. The Company's survey services include surveying pipelines and performing hydrographic surveys, which determine the configuration of the floors of bodies of water and detect and identify wrecks and other obstructions.
Orion Group Holdings Inc
12000 Aerospace Ave Ste 300
HOUSTON TX 77034-5588