Great Lakes Dredge & Dock Corporation logo

Great Lakes Dredge & Dock Corporation

GLDD US

Great Lakes Dredge & Dock CorporationUSUnited States Composite

6.84

USD
+0.24
(+3.64%)

Company Description

CEO
Mr. Lasse J. Petterson
Full Time Employees
367
Sector
Industrials
Industry
Engineering & Construction
Address
9811 Katy Freeway Houston TX United States 77024
IPO Date
Dec 27, 2006
Business
Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and land reclamations, channel deepening, and port infrastructure development. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil and gas, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

Company News

  • Great Lakes Announces New $150,000,000 Second-Lien Financing Agreement

  • Investors in Great Lakes Dredge & Dock (NASDAQ:GLDD) have unfortunately lost 53% over the last three years

  • What Drove Great Lakes Dredge & Dock (GLDD) Stock in Early 2024?

  • Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) is largely controlled by institutional shareholders who own 84% of the company

  • U.S. Windmills May Turbocharge Revenue For This Small Dredging Company

  • Is iShares U.S. Infrastructure ETF (IFRA) a Strong ETF Right Now?

  • When Should You Buy Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)?

  • Should You Invest in the iShares U.S. Infrastructure ETF (IFRA)?

  • Zacks Industry Outlook Highlights EMCOR, MasTec, Dycom Industries, Great Lakes Dredge & Dock and Orion

  • Zacks Industry Outlook Highlights EMCOR, MasTec, Dycom Industries, Great Lakes Dredge & Dock and Orion

  • 5 Stocks to Watch From a Thriving Heavy Construction Industry

  • 5 Stocks to Watch From a Thriving Heavy Construction Industry

  • Should We Be Cautious About Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) ROE Of 3.6%?