July 25, 2017 5:26 AM ET

Construction and Engineering

Company Overview of ARB, Inc.

Company Overview

ARB, Inc. operates as a construction company in the United States. The company engages in the construction of plants and facilities for power generation, water and wastewater treatment, oil and gas, LNG, alternative fuels, renewable energy, biomass, hydroelectricity, water desalination, and petrochemical products; and reservoirs, NRG pump stations, refineries, solar CSP/PV projects, compressor stations, and regulator stations. It also installs various types of underground structures, including large diameter transmission pipelines for natural gas, crude oil, petrochemical and petroleum products, natural gas distribution systems, water, sewer, drainage systems, and fiber optics communications...

26000 Commercentre Drive

Lake Forest, CA 92630

United States

Founded in 1946

Phone:

949-598-9242

Fax:

949-454-7190

Key Executives for ARB, Inc.

Chief Executive Officer
Age: 65
Safety Director
Compensation as of Fiscal Year 2017.

ARB, Inc. Key Developments

ARB, Inc. Wins Industrial Award Valued at over $18 Million

Primoris Services Corporation announced a new industrial award valued at over $18 million. The contract was secured by the industrial division of ARB Inc., part of the West Construction Services segment. The project was awarded by an independent refiner and is located in Southern California. It is the first phase of work on a plan to reduce emissions and increase efficiency at existing refineries. ARB's scope of work includes civil and structural work, underground and above-ground piping, electrical work, and mechanical construction. The award also includes installation of new pigging and metering stations and instrumentation. Work is scheduled to commence in the second quarter of 2017 and to be completed in the fourth quarter of 2017.

ARB, Inc. Wins $500 Million Contract

Primoris Services Corporation announced a new Master Service Agreement (MSA), which the Company anticipates will generate approximately $500 million of revenues from a California utility customer. The contract was secured jointly by the Underground and Industrial divisions of ARB, Inc., part of the West Construction Services segment. · The award is a five-year engineering, procurement, and construction (EPC) agreement across all lines of the utility’s business, including both gas and electric transmission and distribution. The agreement covers work in power substations, high voltage power transmission lines, compressor stations, and hydro-electric plants. It is estimated that the MSA will generate approximately $100 million per year over the course of the contract, based upon the customer provided anticipated needs for the project. The agreement does not obligate the customer to award the Company a specific dollar amount; however, discussions and experience with the customer form the basis for anticipated value. The Company will subcontract the engineering requirements of the MSA.

ARB, Inc. Secures Primoris Services Corporation's $100 Million Master Service Agreement

Primoris Services Corporation has announced a new master service agreement, with an oil and gas exploration and production company with an anticipated value of $100 million. The contract was secured by the Industrial division of ARB, Inc., part of the West Construction Services segment. The award is a three-year agreement to perform oilfield maintenance services for a major California E&P. The work includes multiple properties located throughout Southern Central California and is scheduled to commence January of 2016. It is estimated that the MSA will generate approximately $33 million per year over the course of the contract based upon the customer provided anticipated staffing needs for the project.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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