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Great Lakes Dredge & Dock Corp (GLDD) RSS Feed

Followers
3
Posters
15
Posts (Today)
0
Posts (Total)
60
Created
04/12/08
Type
Free
Moderators




Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the United States and the only U.S. dredging company with significant international operations.





2122 York Road
Oak Brook, IL 60523
United States - Map
Phone: 630-574-3000
Fax: 630-574-2909
Web Site:
http://www.gldd.com




Dredging operations has averaged 18% of the companies revenues for the last three years .

Great Lakes also owns an 85% interest in North American Site Developers, Inc., one of the largest U.S. providers of commercial and industrial demolition services.

Additionally, the Company owns a 50% interest in a marine sand mining operation in New Jersey which supplies sand and aggregate used for road and building construction. Great Lakes has a 117-year history of never failing to complete a marine project and owns the largest and most diverse fleet in the industry, comprising over 180 specialized vessels.


BUSINESS SUMMARY
Great Lakes Dredge & Dock Corporation, through its subsidiaries, provides dredging, and commercial and industrial demolition services in the United States. It operates in two segments, Dredging and Demolition.

The Dredging segment involves in the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock.

The Demolition segment involves in exterior and interior demolition activities. Exterior demolition activities comprise the dismantling and demolition of structures and foundations; and interior demolition activities include removing specific structures within a building. In addition, the company engages in the site development and the removal of asbestos and other hazardous materials. It serves federal, state, and local governments; foreign governments; domestic and foreign private concerns, such as utilities and oil companies; general contractors; corporations that commission projects; and nonprofit institutions, such as universities and hospitals. Great Lakes Dredge & Dock Corporation also has operations in the Middle East, Africa, India, Mexico, and Central and South America. The company was founded in 1890 as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Company in 1905. Subsequently, it changed its name to Great Lakes Dredge & Dock Corporation. The company is based in Oak Brook, Illinois.









 

 

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